Calix Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 28, 2026	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
Net Income	33.88	17.88	-29.75	29.33	41.01	238.38
Depreciation & Amortization	17.82	17.71	19.55	16.63	14.32	15.01
Stock-Based Compensation	88.79	87.93	70.76	62.77	44.83	24.23
Other Adjustments	12.66	9.21	-15.26	-4.86	0.79	-168.43
Change in Receivables	-41.26	-20.05	46.71	-32.22	-8.59	-15.8
Changes in Inventories	-53.79	-31.01	30.26	16.18	-60.28	-36.61
Changes in Accounts Payable	44.27	21.51	-15.14	-6.37	12.11	16.03
Changes in Accrued Expenses	6.81	3.02	-31.93	37.07	20.92	3.27
Changes in Unearned Revenue	-0.28	2.64	-13.9	2.92	9.12	10.4
Changes in Other Operating Activities	23.5	26.1	7.09	-65.19	-47.04	-29.69
Operating Cash Flow	132.38	134.95	68.4	56.25	27.18	56.79
Operating Cash Flow Growth	86.65%	97.30%	21.60%	106.93%	-52.14%	10.47%
Capital Expenditures	-23.24	-19.44	-18.05	-17.86	-14.07	-10.46
Purchases of Investments	-194.02	-220.84	-301.68	-216.19	-191.4	-298.09
Proceeds from Sale of Investments	247.76	233.9	210.2	227.8	181.39	197.89
Investing Cash Flow	30.49	-6.37	-109.53	-6.25	-24.08	-110.66
Issuance of Common Stock	74.35	65.2	31.59	32.15	27.46	25.62
Repurchase of Common Stock	-224.53	-93.63	-10.7	-86.4	-	-
Net Common Stock Issued (Repurchased)	-150.18	-28.43	20.9	-54.25	27.46	25.62
Other Financing Activities	-	-	-	-11.68	-2.39	-1.24
Financing Cash Flow	-150.18	-28.43	20.9	-65.93	25.06	24.38
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.39	-0.22	-0.01	0.26	-0.42	0.01
Net Cash Flow	12.3	99.92	-20.25	-15.66	27.74	-29.47
Free Cash Flow	109.13	115.52	50.35	38.4	13.12	46.33
Free Cash Flow Growth	-5.53%	129.45%	31.12%	192.74%	-71.69%	6.29%
FCF Margin	10.30%	11.55%	6.05%	3.69%	1.51%	6.82%
Free Cash Flow Per Share	1.60	1.67	0.76	0.55	0.19	0.68
Levered Free Cash Flow	48.95	38.42	-51.87	12.71	-23.91	206.33
Unlevered Free Cash Flow	68.91	51.53	-67.74	12.96	0.38	-126.77

SEC Filings: 10-K · 10-Q