Calix, Inc. (CALX)

Calix Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,016	1,040	867.83	679.39	541.24	424.33
Revenue Growth (YoY)	8.90%	19.79%	27.74%	25.53%	27.55%	-3.85%
Cost of Revenue	503.05	521.28	432.4	322.81	274.22	236.41
Gross Profit	512.84	518.32	435.43	356.59	267.02	187.93
Selling, General & Admin	320.2	314.96	250.82	181.69	138.63	119.67
Research & Development	179.02	177.77	131.99	101.75	85.26	81.18
Other Operating Expenses	0	0	0	-0.79	6.29	2.47
Operating Expenses	499.23	492.73	382.82	282.65	230.17	203.33
Operating Income	13.62	25.59	52.61	73.94	36.85	-15.4
Interest Expense / Income	-10.7	-9.7	-2.01	0.4	1.59	0.96
Other Expense / Income	0.5	0.53	0.58	0.88	0.98	0.17
Pretax Income	23.82	34.76	54.04	72.65	34.28	-16.53
Income Tax	3.99	5.43	13.03	-165.72	0.8	1.16
Net Income	19.83	29.33	41.01	238.38	33.48	-17.69
Net Income Growth	-53.33%	-28.49%	-82.80%	611.92%	-	-
Shares Outstanding (Basic)	65	66	65	63	59	55
Shares Outstanding (Diluted)	68	69	69	68	62	55
Shares Change	-2.28%	0.59%	1.55%	9.45%	12.74%	4.53%
EPS (Basic)	0.30	0.44	0.63	3.77	0.57	-0.32
EPS (Diluted)	0.27	0.42	0.60	3.51	0.54	-0.32
EPS Growth	-56.45%	-30.00%	-82.91%	550.00%	-	-
Free Cash Flow	45.88	38.4	13.12	46.33	43.59	-8.7
Free Cash Flow Per Share	0.70	0.58	0.20	0.73	0.74	-0.16
Gross Margin	50.48%	49.86%	50.17%	52.49%	49.33%	44.29%
Operating Margin	1.34%	2.46%	6.06%	10.88%	6.81%	-3.63%
Profit Margin	1.95%	2.82%	4.73%	35.09%	6.19%	-4.17%
Free Cash Flow Margin	4.52%	3.69%	1.51%	6.82%	8.05%	-2.05%
Effective Tax Rate	16.74%	15.63%	24.11%	-228.10%	2.33%	-
EBITDA	30.89	41.68	66.35	88.07	49.59	-5.26
EBITDA Margin	3.04%	4.01%	7.65%	12.96%	9.16%	-1.24%
Depreciation & Amortization	17.78	16.63	14.32	15.01	13.72	10.32
EBIT	13.12	25.05	52.03	73.06	35.87	-15.57
EBIT Margin	1.29%	2.41%	6.00%	10.75%	6.63%	-3.67%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).