CALIX, INC
CALIX, INC
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 69 | 55 | 143 | 95 | 77 | 42 | 43 | 62 | 84 | 88 | 63 | 136 | |||||
Debt Securities Available For Sale Excluding Accru… | - | 189 | 245 | 245 | 222 | 240 | 254 | 225 | 177 | 151 | 157 | 114 | |||||
Accounts Receivable Net Current | 136 | 117 | 99 | 87 | 63 | 76 | 79 | 85 | 82 | 100 | 126 | 81 | |||||
Inventory Net | 180 | 155 | 134 | 108 | 111 | 101 | 103 | 101 | 113 | 120 | 133 | 150 | |||||
Prepaid Expense And Other Assets Current | 84 | 72 | 70 | 80 | 90 | 103 | 106 | 112 | 113 | 119 | 119 | 107 | |||||
Assets Current | 595 | 587 | 692 | 616 | 562 | 562 | 585 | 585 | 570 | 579 | 598 | 588 | |||||
Property Plant And Equipment Net | 38 | 39 | 38 | 33 | 32 | 31 | 31 | 31 | 31 | 29 | 29 | 29 | |||||
Operating Lease Right Of Use Asset | 13 | 14 | 15 | 11 | 5 | 6 | 6 | 8 | 8 | 9 | 9 | 10 | |||||
Deferred Income Tax Assets Net | 162 | 165 | 166 | 169 | 179 | 179 | 178 | 178 | 173 | 170 | 168 | 163 | |||||
Goodwill | 116 | 116 | 116 | 116 | 116 | 116 | 116 | 116 | 116 | 116 | 116 | 116 | |||||
Other Assets Noncurrent | 31 | 31 | 33 | 32 | 27 | 24 | 23 | 20 | 19 | 20 | 21 | 21 | |||||
Assets | 954 | 951 | 1,059 | 976 | 921 | 917 | 939 | 938 | 918 | 923 | 942 | 927 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 93 | 69 | 42 | 20 | 24 | 23 | 20 | 24 | 12 | 19 | 35 | 22 | |||||
Accrued Liabilities Current | 81 | 79 | 91 | 79 | 74 | 70 | 84 | 76 | 89 | 88 | 116 | 82 | |||||
Contract With Customer Liability Current | 36 | 31 | 30 | 24 | 26 | 29 | 27 | 30 | 32 | 39 | 37 | 35 | |||||
Liabilities Current | 210 | 178 | 163 | 123 | 124 | 123 | 131 | 130 | 133 | 146 | 188 | 139 | |||||
Contract With Customer Liability Noncurrent | 20 | 20 | 20 | 20 | 20 | 21 | 21 | 21 | 22 | 24 | 25 | 25 | |||||
Operating Lease Liability Noncurrent | 11 | 12 | 13 | 9 | 3 | 3 | 4 | 5 | 6 | 7 | 7 | 8 | |||||
Other Liabilities Noncurrent | 3 | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | |||||
Liabilities | 244 | 213 | 199 | 154 | 149 | 150 | 158 | 159 | 164 | 180 | 223 | 176 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Additional Paid In Capital Common Stock | 1,053 | 1,099 | 1,230 | 1,201 | 1,166 | 1,161 | 1,170 | 1,149 | 1,122 | 1,102 | 1,078 | 1,104 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -1 | -1 | -0 | -0 | -0 | -0 | -1 | 0 | -1 | -1 | -1 | -1 | |||||
Retained Earnings Accumulated Deficit | -344 | -361 | -372 | -379 | -395 | -395 | -390 | -372 | -368 | -360 | -360 | -354 | |||||
Stockholders Equity | 710 | 738 | 859 | 823 | 773 | 767 | 781 | 779 | 754 | 743 | 719 | 751 | |||||
Liabilities And Stockholders Equity | 954 | 951 | 1,059 | 976 | 921 | 917 | 939 | 938 | 918 | 923 | 942 | 927 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | |||||
Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | 0.025 | |||||
Common Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |||||
Common Stock Shares Issued | 63 | 64 | 67 | 66 | 65 | 66 | 66 | 66 | 66 | 66 | 65 | 66 | |||||
Shares Outstanding | 63 | 64 | 67 | 66 | 65 | 66 | 66 | 66 | 66 | 66 | 65 | 66 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.66% | -9.99% | -5.30% | - | - | - | - | - | - | - | - | - |
| 2025 | 20.79% | 25.60% | 34.25% | 2.76% | 10.92% | 4.17% | -20.90% | -19.62% | -14.61% | -9.06% | -14.17% | -22.24% |
| 2024 | 11.95% | 26.86% | 24.12% | 6.85% | 2.83% | 9.08% | -11.95% | -6.31% | 0.45% | -13.92% | -13.14% | 11.49% |
| 2023 | - | - | - | -12.61% | -0.21% | -6.90% | 9.74% | 23.36% | 21.70% | -1.42% | -12.20% | -11.22% |
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Performance and Valuation Metrics
Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.83 | 3.29 | 4.24 | 5.02 | 4.55 | 4.58 | 4.46 | 4.50 | 4.28 | 3.96 | 3.19 | 4.22 | |||||
| Quick Ratio | 1.57 | 2.02 | 2.99 | 3.48 | 2.93 | 2.91 | 2.87 | 2.87 | 2.58 | 2.33 | 1.85 | 2.38 | |||||
| Working Capital | 384.78M | 408.70M | 528.31M | 492.88M | 438.67M | 439.18M | 453.59M | 455.11M | 437.02M | 432.71M | 410.31M | 448.47M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.34 | 0.29 | 0.23 | 0.19 | 0.19 | 0.20 | 0.20 | 0.20 | 0.22 | 0.24 | 0.31 | 0.23 | |||||
| Interest Coverage TTM | 5.11 | 3.06 | 1.56 | -0.54 | -2.72 | -3.62 | -3.49 | -3.02 | -0.84 | 1.27 | 2.64 | 6.59 | |||||
| Debt Ratio | 0.26 | 0.22 | 0.19 | 0.16 | 0.16 | 0.16 | 0.17 | 0.17 | 0.18 | 0.20 | 0.24 | 0.19 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.18 | 1.13 | 1.00 | 0.98 | 0.95 | 0.90 | 0.88 | 0.95 | 1.02 | 1.11 | 1.14 | 1.14 | |||||
| Days Sales Outstanding TTM | 32.76 | 33.11 | 32.61 | 33.76 | 30.47 | 38.87 | 45.07 | 34.02 | 34.29 | 34.58 | 38.59 | 32.44 | |||||
| Receivables Turnover TTM | 11.14 | 11.02 | 11.19 | 10.81 | 11.98 | 9.39 | 8.10 | 10.73 | 10.65 | 10.55 | 9.46 | 11.25 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 0.78 | 0.49 | 0.26 | -0.10 | -0.42 | -0.52 | -0.45 | -0.28 | 0.04 | 0.29 | 0.42 | 0.69 | |||||
| Free Cash Flow Per Share TTM | 1.34 | 1.66 | 1.75 | 1.30 | 1.11 | 0.79 | 0.76 | 0.77 | 0.77 | 0.70 | 0.58 | 0.43 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 56.58% | 57.08% | 56.83% | 56.16% | 55.50% | 54.97% | 54.55% | 50.94% | 50.78% | 50.48% | 49.86% | 51.99% | |||||
| Operating Profit Margin TTM | 5.51% | 3.75% | 2.10% | -0.75% | -4.07% | -5.70% | -5.18% | -4.09% | -1.00% | 1.34% | 2.46% | 4.98% | |||||
| Net Profit Margin TTM | 4.61% | 3.20% | 1.79% | -0.78% | -3.09% | -4.20% | -3.58% | -2.07% | 0.26% | 1.95% | 2.82% | 4.69% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 27.84% | 28.38% | 20.26% | 4.89% | -8.80% | -18.75% | -20.02% | -12.68% | -3.92% | 8.90% | 19.79% | 27.46% | |||||
| Net Income Growth (1Y) | -290.46% | -197.82% | -160.12% | -60.63% | -1,175.55% | -274.67% | -201.44% | -138.50% | -94.36% | -53.33% | -28.49% | -2.27% | |||||
| EPS Growth (1Y) | -293.48% | -198.32% | -159.97% | -60.44% | -1,194.77% | -272.85% | -201.59% | -138.62% | -94.31% | -52.82% | -29.49% | -3.65% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 46.31 | 94.98 | 195.46 | -556.43 | -127.69 | -67.56 | -77.22 | -139.14 | 931.16 | 109.26 | 98.30 | 63.50 | |||||
| P/B TTM | 3.34 | 4.36 | 4.07 | 4.91 | 4.44 | 3.05 | 2.94 | 3.29 | 3.09 | 2.92 | 4.01 | 4.05 | |||||
| P/S TTM | 2.13 | 3.04 | 3.50 | 4.32 | 3.95 | 2.83 | 2.76 | 2.88 | 2.44 | 2.13 | 2.77 | 2.98 | |||||
| Market Cap | 2.37B | 3.22B | 3.50B | 4.04B | 3.43B | 2.34B | 2.30B | 2.56B | 2.33B | 2.17B | 2.88B | 3.04B | |||||
| Enterprise Value | 2.30B | 3.16B | 3.35B | 3.94B | 3.36B | 2.30B | 2.25B | 2.50B | 2.24B | 2.08B | 2.82B | 2.90B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 85.42M | 109.13M | 115.52M | 85.45M | 71.52M | 52.27M | 50.35M | 51.08M | 50.30M | 45.88M | 38.40M | 28.74M | |||||
| Net Debt | -68.91M | -54.60M | -143.09M | -95.01M | -76.54M | -42.30M | -43.16M | -62.36M | -84.49M | -88.42M | -63.41M | -135.68M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
CALIX, INC (CALX) — SEC Financial Statements & Analysis
CALIX, INC (CALX) is a communications services, nec company. CALIX, INC trades on CALX: NYSE as: CALX. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), CALIX, INC reported a 27.84% year-over-year revenue growth, a Gross Profit Margin of 56.58% (TTM), a Debt-to-Equity ratio of 0.34x, a Price-to-Sales (P/S) ratio of 2.13x (TTM), a Price-to-Book (P/B) ratio of 3.34 (TTM), at a market cap of $2.37B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 27.84%
- Gross Profit Margin TTM
- 56.58%
- Debt To Equity
- 0.34x
- P/S TTM
- 2.13x
- P/B TTM
- 3.34
- Market Cap
- $2.37B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is CALIX, INC in?
CALIX, INC (CALX) operates in the Communications Services, NEC industry.
What is CALX's market cap?
CALIX, INC (CALX) has a market capitalization of $2.37B as of 2026-06-30.
What is CALX's P/E ratio?
CALIX, INC (CALX)'s trailing twelve month P/E ratio is 46.31x as of 2026-06-30.
What exchange does CALX trade on?
CALIX, INC (CALX) trades on the CALX: NYSE.