Calix Income 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	Jun '26 Jun 27, 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
Revenue	1,111	1,000	831.52	1,040	867.83	679.39
Revenue Growth	27.84%	20.26%	-20.02%	19.79%	27.73%	25.53%
Cost of Revenue	482.47	431.69	377.92	521.28	432.4	322.81
Gross Profit	628.73	568.32	453.59	518.32	435.43	356.59
Selling, General & Admin	359.5	356.97	316.76	314.96	250.82	181.69
Research & Development	207.99	190.36	179.87	177.77	131.99	101.75
Other Operating Expenses	-	-	-	-	-	-0.79
Total Operating Expenses	567.49	547.33	496.63	492.73	382.82	282.65
Operating Income	61.25	20.99	-43.03	25.59	52.61	73.94
Total Non-Operating Income (Expense)	11.31	13.18	11.39	9.17	1.43	-1.28
Pretax Income	72.56	34.17	-31.65	34.76	54.04	72.65
Provision for Income Taxes	21.37	16.28	-1.9	5.43	13.03	-165.72
Net Income	51.19	17.88	-29.75	29.33	41.01	238.38
Net Income to Common	51.19	17.88	-29.75	29.33	41.01	238.38
Net Income Growth	-	-	-	-28.49%	-82.80%	611.92%
Shares Outstanding (Basic)	65	66	66	66	65	63
Shares Outstanding (Diluted)	69	69	66	69	69	68
Shares Change	4.28%	5.20%	-4.96%	0.59%	1.55%	9.45%
EPS (Basic)	0.79	0.27	-0.45	0.44	0.63	3.77
EPS (Diluted)	0.74	0.26	-0.45	0.42	0.60	3.51
EPS Growth	-	-	-	-30.00%	-82.91%	550.00%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 27, 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
Free Cash Flow	85.42	115.52	50.35	38.4	13.12	46.33
Free Cash Flow Growth	19.44%	129.45%	31.12%	192.74%	-71.69%	6.29%
Free Cash Flow Per Share	1.25	1.67	0.76	0.55	0.19	0.68
Gross Margin	56.58%	56.83%	54.55%	49.86%	50.17%	52.49%
Operating Margin	5.51%	2.10%	-5.18%	2.46%	6.06%	10.88%
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%
EBITDA	79.13	38.7	-23.48	42.22	66.93	88.95
EBITDA Margin	7.12%	3.87%	-2.82%	4.06%	7.71%	13.09%
EBIT	61.25	20.99	-43.03	25.59	52.61	73.94
EBIT Margin	5.51%	2.10%	-5.18%	2.46%	6.06%	10.88%
Effective Tax Rate	29.45%	47.66%	6.00%	15.63%	24.11%	-228.10%

SEC Filings: 10-K · 10-Q