Calix Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	143.09	43.16	63.41	79.07	51.33
Short-Term Investments	245.02	253.93	156.94	162.64	153
Cash & Short-Term Investments	388.1	297.09	220.35	241.72	204.34
Cash Growth	30.64%	34.83%	-8.84%	18.29%	52.73%
Receivables	99.37	79.32	126.03	93.8	85.22
Inventory	133.74	102.73	132.99	149.16	88.88
Prepaid Expenses	70.35	42.98	40.47	23.63	30.81
Other Current Assets	-	62.62	78.13	39.06	-
Total Current Assets	691.55	584.74	597.96	547.37	409.25
Property, Plant & Equipment	52.48	37.37	38.72	35.12	33.97
Goodwill	116.18	116.18	116.18	116.18	116.18
Other Intangible Assets	-	-	-	-	6.89
Long-Term Deferred Tax Assets	165.64	177.6	167.69	167.03	168.96
Other Long-Term Assets	32.68	23.39	21.32	19.14	6.8
Total Assets	1,059	939.27	941.87	884.84	742.03
Accounts Payable	41.52	20.23	34.75	41.41	29.06
Accrued Expenses	91.34	53.36	57.82	46.3	37.75
Current Portion of Leases	-	4.3	4.14	3.95	3.6
Current Income Taxes Payable	-	5.05	4.32	4.58	4.25
Current Unearned Revenue	30.39	26.75	36.67	33.54	27.48
Other Current Liabilities	-	21.45	49.95	35.65	26
Total Current Liabilities	163.25	131.14	187.64	165.42	128.14
Long-Term Leases	12.76	3.72	7.42	8.44	12.38
Long-Term Unearned Revenue	19.89	20.88	24.86	25.07	22.02
Other Long-Term Liabilities	3.41	2.58	2.96	6.33	11.08
Total Liabilities	199.3	158.33	222.88	205.27	173.6
Common Stock	1.68	1.66	1.63	1.64	1.61
Additional Paid-In Capital	1,230	1,170	1,078	1,070	997.86
Retained Earnings	-372.24	-390.13	-360.38	-389.7	-430.71
Comprehensive Income & Other	-0.41	-0.61	-0.66	-2.47	-0.32
Shareholders' Equity	859.22	780.94	718.98	679.57	568.43
Total Liabilities & Equity	1,059	939.27	941.87	884.84	742.03
Total Debt	12.76	8.02	11.56	12.39	15.97
Net Cash (Debt)	375.35	289.07	208.78	229.32	188.36
Net Cash Growth	29.85%	38.45%	-8.96%	21.75%	59.83%
Net Cash Per Share	5.42	4.39	3.01	3.33	2.78
Filing Date Shares Outstanding	66.81	66.69	65.41	66.14	64.44
Total Common Shares Outstanding	66.81	66.43	65.05	65.74	64.27
Working Capital	528.31	453.59	410.31	381.95	281.11
Book Value Per Share	12.86	11.76	11.05	10.34	8.84
Tangible Book Value	743.04	664.77	602.81	563.39	445.37
Tangible Book Value Per Share	11.12	10.01	9.27	8.57	6.93
Machinery	-	73.42	65.75	58.66	52.44
Leasehold Improvements	-	2.17	2.12	1.73	1.35

Source: S&P Global Market Intelligence. Standard template. Financial Sources.