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Calix CALX · USD

Information Technology · US listing · 🇺🇸 United States

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32.16

+5.10%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$1.00bn

FY2016FY2025

Net income

$17.9m

FY2016FY2025

Free cash flow

$115.5m

FY2016FY2025

Shareholders' equity

$859.2m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$1.00bn$831.5m$1.04bn$867.8m$679.4m$541.2m$424.3m$441.3m$510.4m$458.8m
Gross profit$568.3m$453.6m$518.3m$435.4m$356.6m$267.0m$187.9m$197.4m$172.9m$201.2m
Research and development$190.4m$179.9m$177.8m$132.0m$101.7m$85.3m$81.2m$90.0m$127.5m$106.9m
Operating income$21.0m−$43.0m$25.6m$52.6m$73.9m$36.8m−$15.6m−$18.1m−$81.6m−$28.1m
Net income$17.9m−$29.7m$29.3m$41.0m$238.4m$33.5m−$17.7m−$19.3m−$83.0m−$27.4m
Diluted earnings per share0.25-0.450.450.593.470.51-0.31-0.36-1.64-0.56

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$1.06bn$939.3m$941.9m$884.8m$742.0m$427.4m$316.8m$317.1m$295.1m$355.5m
Cash and short-term investments$388.1m$297.1m$220.3m$241.7m$204.3m$133.8m$46.8m$49.6m$39.8m$78.1m
Total liabilities$199.3m$158.3m$222.9m$205.3m$173.6m$147.0m$162.8m$165.1m$150.1m$142.5m
Debt—————$2.9m$34.0m$30.0m$30.0m—
Shareholders' equity$859.2m$780.9m$719.0m$679.6m$568.4m$280.3m$154.0m$151.9m$145.0m$213.0m
Shares outstanding70m66m65m70m69m66m56m53m51m49m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$135.0m$68.4m$56.3m$27.2m$56.8m$51.4m$4.7m$3.6m−$62.8m$24.4m
Capital spending−$19.4m−$18.1m−$17.9m−$14.1m−$10.5m−$7.8m−$13.4m−$10.4m−$8.0m−$9.8m
Free cash flow$115.5m$50.3m$38.4m$13.1m$46.3m$43.6m−$8.7m−$6.9m−$70.8m$14.6m
Dividends paid——−$11.7m———————

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$293.3m$280.0m$272.4m$265.4m$241.9m$220.2m$206.1m$200.9m
Gross profit$160.1m$159.3m$157.3m$152.0m$136.3m$122.7m$113.4m$110.0m
Operating income$21.8m$12.7m$9.3m$17.4m$391,000−$6.1m−$18.8m−$10.9m
Net income$17.1m$11.2m$7.2m$15.7m−$199,000−$4.8m−$17.9m−$4.0m
Diluted earnings per share0.260.170.100.22-0.00-0.07-0.27-0.06
Cash from operations$16.0m$14.0m$46.0m$32.0m$39.0m$17.0m$15.0m$15.0m
Capital spending−$4.0m−$8.0m−$5.0m−$5.0m−$3.0m−$4.0m−$5.0m−$3.0m
Free cash flow$12.0m$6.0m$41.0m$27.0m$36.0m$13.0m$10.0m$12.0m
Total assets$954.4m$951.4m$1.06bn$976.4m$921.4m$917.1m$939.3m$937.5m
Cash and short-term investments$194.3m$243.3m$388.1m$339.6m$299.0m$282.3m$297.1m$287.6m
Debt—$2.9m————$4.3m—
Shareholders' equity$710.0m$738.0m$859.2m$822.5m$772.7m$767.2m$780.9m$778.7m

Financial ratios

Data as of 23 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin56.8%54.6%49.9%50.2%52.5%49.3%——
Operating margin3.4%-3.8%3.3%6.2%10.8%6.6%——
Net margin1.8%-3.6%2.8%4.7%35.1%6.2%——
Return on equity2.1%-3.8%4.1%6.0%41.9%11.9%——
Return on assets1.7%-3.2%3.1%4.6%32.1%7.8%——
Free cash flow yield5.9%3.6%3.1%1.6%2.7%2.4%——
Revenue growth20.3%-20.0%19.8%27.7%25.5%27.6%——
Earnings growth-160.1%-201.4%-28.5%-82.8%611.9%-289.2%——
Current ratio4.24x4.46x3.19x3.31x3.19x2.64x——
Debt to equity—0.01x0.01x0.02x0.01x0.02x0.22x—
Equity ratio81.2%83.1%76.3%76.8%76.6%65.6%——
Interest coverage——3.58x26.90x181.73x22.63x-16.26x-28.70x
R&D as a share of sales19.0%21.6%17.1%15.2%15.0%15.8%——
Buybacks as a share of market value-6.9%-0.9%6.5%-1.6%-4.4%-17.0%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue4.8%13.1%9.4%
Operating income-26.4%-10.6%—
Net income-24.2%-11.8%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin55.8%52.8%52.4%49.3%
Operating margin-1.2%1.5%3.4%-0.0%
Net margin-0.6%1.6%6.7%2.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings208.4-77.297.3116.623.158.5-25.4-27.0-3.6-13.8
Price to sales3.72.82.85.58.13.61.11.20.60.8

Market value over time

30 Nov 2016 to 22 Oct 2026, in USD

$369.9m$2.42bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return56%-18%-38%11%93%296%-10%37%-17%1%

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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