Calix, Inc. (CALX)
NYSE: CALX · Real-Time Price · USD
37.62
-0.07 (-0.19%)
Aug 28, 2026, 1:15 PM EDT - Market open

Calix Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,1111,000831.521,040867.83679.39
Revenue Growth
27.84%20.26%-20.02%19.79%27.73%25.53%
Gross Profit
628.73568.32453.59518.32435.43356.59
Operating Income
61.2520.99-43.0325.5952.6173.15
Net Income
51.1917.88-29.7529.3341.01238.38
Earnings Per Share
0.730.26-0.450.420.603.51
EPS Growth
----30.00%-82.91%550.00%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Appliance
-825.65694.15931.47
Software and Service
-174.36137.37108.13
Revenue (Total)
1,1111,000831.521,040

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
194.3388.1297.09220.35241.72204.34
Total Debt
13.9815.598.0211.5612.3915.97
Net Cash (Debt)
180.32372.51289.07208.78229.32188.36
Net Cash Growth
-38.46%28.87%38.45%-8.96%21.75%59.83%
Net Cash Per Share
2.575.374.393.013.332.78

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
109.51134.9568.456.2527.1856.79
Capital Expenditures
-24.09-19.44-18.05-17.86-14.07-10.46
Free Cash Flow
85.42115.5250.3538.413.1246.33
Free Cash Flow Growth
19.44%129.45%31.12%192.74%-71.69%6.29%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
56.58%56.83%54.55%49.86%50.18%52.49%
Operating Margin
5.51%2.10%-5.17%2.46%6.06%10.77%
Pretax Margin
6.53%3.42%-3.81%3.34%6.23%10.69%
Profit Margin
4.61%1.79%-3.58%2.82%4.73%35.09%
FCF Margin
7.69%11.55%6.05%3.69%1.51%6.82%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
51.90196.15-98.13109.2021.39
Forward PE
20.0331.7265.7928.0259.2890.15
P/FCF Ratio
27.9230.3745.9374.95341.43110.05
PS Ratio
2.153.512.782.775.167.51