Calix, Inc. logo

Calix, Inc.

CALX

NYSETechnologyCommunication Equipment

Previous close

$40.12

−$0.26 · -0.64%

Aug 21, 4:00 PM ET

CALX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

59

Fair Value

Momentum

33

Weakening

Sentiment

70

Bullish

Risk resilience

49

Elevated Risk

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Company profile

Company website

Headquartered in San Jose, California, Calix, Inc., established in 1999, is a global technology provider specializing in cloud and software platforms, robust systems, and comprehensive services. The company's innovative solutions empower broadband service providers (BSPs) to offer a diverse array of services to their customers. Calix's reach extends throughout the United States, the broader Americas, Europe, the Middle East, Africa, and the Asia Pacific region. A core offering is the Calix Cloud platform, an advanced, role-based analytics suite comprising Calix Marketing Cloud, Calix Support Cloud, and Calix Operations Cloud. This platform is highly configurable, delivering tailored insights that enable BSPs to proactively identify and pursue lucrative new revenue streams and applications, often through mobile interfaces. Additionally, Calix provides EXOS, a carrier-class operating system for premises equipment, seamlessly integrated with its GigaSpire family of systems to deliver complete subscriber experience solutions for both residential and business users. The company also offers AXOS, a software platform that optimizes the architecture and operations of the network's access edge. Calix distributes its portfolio of products through both its dedicated direct sales force and a network of resellers.

Industry
Communication Equipment
Sector
Technology
Headquarters
US
CEO
Michael Weening
Listed since
Mar 24, 2010
Employees
1,921

Market position

Day range

Current $40.12

52-week range

Current $40.12

Open
$40.16
Previous close
$40.38
Volume
497.69K
0.43× average
Average volume
1.15M
Average daily volume
Market cap
2.53B USD
Beta
1.24
Market reference 1
50-day average
$38.0292
+5.50% above average
200-day average
$47.4239
-15.40% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.42B USD
P/E (TTM)
50.78×
P/B (TTM)
3.59×
P/S (TTM)
2.27×
EV / EBITDA
65.9×
Earnings yield
0.51%
Free cash flow yield
3.27%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
56.58%
Operating margin
5.51%
Net margin
4.61%
Return on equity
2.08%
Return on assets
1.69%
Return on invested capital
1.23%

Financial health

Debt / equity
0.02×
Current ratio
4.24×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends63%38%13%-11%Gross margin, FY2021: 52.49%Gross margin, FY2022: 50.17%Gross margin, FY2023: 49.86%Gross margin, FY2024: 54.55%Gross margin, FY2025: 56.83%Operating margin, FY2021: 10.88%Operating margin, FY2022: 6.06%Operating margin, FY2023: 2.46%Operating margin, FY2024: -5.18%Operating margin, FY2025: 2.10%Net margin, FY2021: 35.09%Net margin, FY2022: 4.73%Net margin, FY2023: 2.82%Net margin, FY2024: -3.58%Net margin, FY2025: 1.79%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 52.49%. Gross margin FY2022 50.17%. Gross margin FY2023 49.86%. Gross margin FY2024 54.55%. Gross margin FY2025 56.83%. Operating margin FY2021 10.88%. Operating margin FY2022 6.06%. Operating margin FY2023 2.46%. Operating margin FY2024 -5.18%. Operating margin FY2025 2.10%. Net margin FY2021 35.09%. Net margin FY2022 4.73%. Net margin FY2023 2.82%. Net margin FY2024 -3.58%. Net margin FY2025 1.79%.

Income trends

Revenue

1B USD+20.26%

Operating income

20.99M USD+64.02M USD

Net income

17.88M USD+47.63M USD
Income trends across reported periods1.15B USD714.8M USD281.75M USD−151.3M USDRevenue, FY2021: 679.39M USDRevenue, FY2022: 867.83M USDRevenue, FY2023: 1.04B USDRevenue, FY2024: 831.52M USDRevenue, FY2025: 1B USDOperating income, FY2021: 73.94M USDOperating income, FY2022: 52.61M USDOperating income, FY2023: 25.59M USDOperating income, FY2024: −43.03M USDOperating income, FY2025: 20.99M USDNet income, FY2021: 238.38M USDNet income, FY2022: 41.01M USDNet income, FY2023: 29.33M USDNet income, FY2024: −29.75M USDNet income, FY2025: 17.88M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 679.39M USD. Revenue FY2022 867.83M USD. Revenue FY2023 1.04B USD. Revenue FY2024 831.52M USD. Revenue FY2025 1B USD. Operating income FY2021 73.94M USD. Operating income FY2022 52.61M USD. Operating income FY2023 25.59M USD. Operating income FY2024 −43.03M USD. Operating income FY2025 20.99M USD. Net income FY2021 238.38M USD. Net income FY2022 41.01M USD. Net income FY2023 29.33M USD. Net income FY2024 −29.75M USD. Net income FY2025 17.88M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1B USD831.52M USD1.04B USD867.83M USD679.39M USD
Cost of goods sold431.69M USD377.92M USD521.28M USD432.4M USD322.81M USD
Gross profit568.32M USD453.59M USD518.32M USD435.43M USD356.59M USD
Research and development190.36M USD179.87M USD177.77M USD131.99M USD101.75M USD
Selling, general, and administrative356.97M USD316.76M USD314.96M USD250.82M USD181.69M USD
Operating expenses547.33M USD496.63M USD492.73M USD382.82M USD282.65M USD
Interest income13.43M USD12.34M USD9.7M USD2.01M USD
Interest expense402K USD
Depreciation and amortization17.71M USD19.55M USD16.63M USD14.32M USD15.01M USD
Operating income20.99M USD−43.03M USD25.59M USD52.61M USD73.94M USD
Net income17.88M USD−29.75M USD29.33M USD41.01M USD238.38M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

21 ratings
Strong buy00%
Buy1571%
Hold524%
Sell15%
Strong sell00%

CALX peers

ETFs holding CALX

Funds reporting this stock among their holdings, ordered by reported position size.

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