Calix, Inc. (CALX)

Calix Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 28, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	869.19	831.52	1,040	867.83	679.39	541.24
Revenue Growth (YoY)	-8.80%	-20.02%	19.79%	27.73%	25.53%	27.55%
Cost of Revenue	386.78	377.92	521.28	432.4	322.81	274.22
Gross Profit	482.42	453.59	518.32	435.43	356.59	267.02
Selling, General & Admin	336.66	316.76	314.96	250.82	181.69	138.63
Research & Development	181.09	179.87	177.77	131.99	101.75	85.26
Operating Expenses	517.75	496.63	492.73	382.82	283.44	223.89
Operating Income	-35.34	-43.03	25.59	52.61	73.15	43.13
Interest Expense	-	-	-	-	-0.4	-1.59
Interest & Investment Income	12.99	12.34	9.7	2.01	-	-
Currency Exchange Gain (Loss)	-0.9	-0.7	-	-	-	-
Other Non Operating Income (Expenses)	0.25	-0.26	-0.53	-0.58	-0.88	-0.98
EBT Excluding Unusual Items	-23	-31.65	34.76	54.04	71.87	40.57
Merger & Restructuring Charges	-	-	-	-	0.79	-6.29
Pretax Income	-23	-31.65	34.76	54.04	72.65	34.28
Income Tax Expense	3.88	-1.9	5.43	13.03	-165.72	0.8
Net Income	-26.88	-29.75	29.33	41.01	238.38	33.48
Net Income to Common	-26.88	-29.75	29.33	41.01	238.38	33.48
Net Income Growth	-	-	-28.49%	-82.80%	611.92%	-
Shares Outstanding (Basic)	66	66	66	65	63	59
Shares Outstanding (Diluted)	66	66	69	69	68	62
Shares Change (YoY)	-2.15%	-4.96%	0.59%	1.55%	9.45%	12.74%
EPS (Basic)	-0.41	-0.45	0.44	0.63	3.77	0.57
EPS (Diluted)	-0.41	-0.45	0.42	0.60	3.51	0.54
EPS Growth	-	-	-30.00%	-82.91%	550.00%	-
Free Cash Flow	71.52	50.35	38.4	13.12	46.33	43.59
Free Cash Flow Per Share	1.09	0.76	0.55	0.19	0.68	0.70
Gross Margin	55.50%	54.55%	49.86%	50.18%	52.49%	49.34%
Operating Margin	-4.06%	-5.17%	2.46%	6.06%	10.77%	7.97%
Profit Margin	-3.09%	-3.58%	2.82%	4.73%	35.09%	6.19%
Free Cash Flow Margin	8.23%	6.05%	3.69%	1.51%	6.82%	8.05%
EBITDA	-17.16	-23.48	42.22	66.93	88.16	56.85
EBITDA Margin	-1.97%	-2.82%	4.06%	7.71%	12.98%	10.50%
D&A For EBITDA	18.18	19.55	16.63	14.32	15.01	13.72
EBIT	-35.34	-43.03	25.59	52.61	73.15	43.13
EBIT Margin	-4.06%	-5.17%	2.46%	6.06%	10.77%	7.97%
Effective Tax Rate	-	-	15.63%	24.12%	-	2.33%

Updated Jul 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q