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	Sep 27, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	933.69	831.52	1,040	867.83	679.39	541.24
Revenue Growth (YoY)	4.89%	-20.02%	19.79%	27.73%	25.53%	27.55%
Cost of Revenue	409.31	377.92	521.28	432.4	322.81	274.22
Gross Profit	524.38	453.59	518.32	435.43	356.59	267.02
Selling, General & Admin	348.74	316.76	314.96	250.82	181.69	138.63
Research & Development	182.68	179.87	177.77	131.99	101.75	85.26
Operating Expenses	531.42	496.63	492.73	382.82	283.44	223.89
Operating Income	-7.04	-43.03	25.59	52.61	73.15	43.13
Interest Expense	-	-	-	-	-0.4	-1.59
Interest & Investment Income	12.98	12.34	9.7	2.01	-	-
Currency Exchange Gain (Loss)	-1.2	-0.7	-	-	-	-
Other Non Operating Income (Expenses)	0.39	-0.26	-0.53	-0.58	-0.88	-0.98
EBT Excluding Unusual Items	5.13	-31.65	34.76	54.04	71.87	40.57
Merger & Restructuring Charges	-	-	-	-	0.79	-6.29
Pretax Income	5.13	-31.65	34.76	54.04	72.65	34.28
Income Tax Expense	12.38	-1.9	5.43	13.03	-165.72	0.8
Net Income	-7.25	-29.75	29.33	41.01	238.38	33.48
Net Income to Common	-7.25	-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)	0.50%	-4.96%	0.59%	1.55%	9.45%	12.74%
EPS (Basic)	-0.11	-0.45	0.44	0.63	3.77	0.57
EPS (Diluted)	-0.11	-0.45	0.42	0.60	3.51	0.54
EPS Growth	-	-	-30.00%	-82.91%	550.00%	-
Free Cash Flow	85.45	50.35	38.4	13.12	46.33	43.59
Free Cash Flow Per Share	1.30	0.76	0.55	0.19	0.68	0.70
Gross Margin	56.16%	54.55%	49.86%	50.18%	52.49%	49.34%
Operating Margin	-0.75%	-5.17%	2.46%	6.06%	10.77%	7.97%
Profit Margin	-0.78%	-3.58%	2.82%	4.73%	35.09%	6.19%
Free Cash Flow Margin	9.15%	6.05%	3.69%	1.51%	6.82%	8.05%
EBITDA	11.02	-23.48	42.22	66.93	88.16	56.85
EBITDA Margin	1.18%	-2.82%	4.06%	7.71%	12.98%	10.50%
D&A For EBITDA	18.06	19.55	16.63	14.32	15.01	13.72
EBIT	-7.04	-43.03	25.59	52.61	73.15	43.13
EBIT Margin	-0.75%	-5.17%	2.46%	6.06%	10.77%	7.97%
Effective Tax Rate	241.34%	-	15.63%	24.12%	-	2.33%

Updated Sep 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q