CALX

Calix, Inc Communication Services Communications Services, NEC Russell 3000
$36.82Close $2.5BMarket cap $33.14 – $68.4252-week range Nov 2, 2026Next report · after the close

Highlights

Cautions

  • Not in an uptrend 1 of 8 trend conditions
  • Lagging the market RS 20 · weaker than 80% of stocks over 12 months
  • Far from its high 46% below its 52-week high
  • Results soon Nov 2, 2026, in 1 day

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Jul 21, 2026
Off 12-month high 46%
1wk up 1.0% price change
1mo up 7.2% price change
12-month return down 46% market up 11% · its own down 52%
F-score 7 / 9 Strong
Altman Z″ 6.79 Low risk
P/E 138.2× price / earnings
PEG — P/E / EPS growth
P/B 2.9× price / book
Earnings yield up 0.9% EBIT / enterprise value
Cheaper than 50% of the market · around average
Revenue growth up 20% year on year
EPS growth — latest quarter
Sales growth up 21% latest quarter · -6 pts
ROE up 2% return on equity
Free cash margin up 12% $115.5M FCF
D/E — long-term debt / equity
Net debt / EBITDA -3.7× net cash
Interest cover —EBIT / interest
Piotroski tests
  • short-term liquidity weakened
  • issued more shares
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • reduced long-term debt
  • gross margin widened
  • assets working harder

Repair signals

  • Gross margin 54.6% → 56.8%
  • Revenue reaccelerating (-20% then +20%)

Trade setup

ATR% 3.2% $1.19 a day · 2×ATR $34.44
RS 20 / 99 vs the universe
Trend 1 / 8 trend template
Relative volume 0.8× vs 50-day average
Up/down volume 0.92 50 sessions
Implied move — no option chain · report Nov 2, 2026
Trend template · 1 of 8
  • Price above the 50-day average: passes

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Jul 20, 2026

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $1.0B +20% on FY2024
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $541.2M FY2021 · $679.4M FY2022 · $867.8M FY2023 · $1.0B FY2024 · $831.5M FY2025 · $1.0B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $17.9M back to a profit
-$50M $0 $250M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $33.5M FY2021 · $238.4M FY2022 · $41.0M FY2023 · $29.3M FY2024 · -$29.7M FY2025 · $17.9M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $115.5M +129% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $43.6M FY2021 · $46.3M FY2022 · $13.1M FY2023 · $38.4M FY2024 · $50.3M FY2025 · $115.5M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 57%
  • Net 2%
  • Free cash 12%
0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 49% · Net 6% · Free cash 8% FY2021 · Gross 52% · Net 35% · Free cash 7% FY2022 · Gross 50% · Net 5% · Free cash 2% FY2023 · Gross 50% · Net 3% · Free cash 4% FY2024 · Gross 55% · Net -4% · Free cash 6% FY2025 · Gross 57% · Net 2% · Free cash 12%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $80.8M FY2021 · Cash $51.3M FY2022 · Cash $79.1M FY2023 · Cash $63.4M FY2024 · Cash $43.2M FY2025 · Cash $143.1M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 67.12m +8.0% since FY2020
67.12m 62.12m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 62.12m FY2021 · 64.27m FY2022 · 65.73m FY2023 · 65.05m FY2024 · 66.43m FY2025 · 67.12m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $541.2M $679.4M $867.8M $1.0B $831.5M $1.0B
Gross margin 49% 52% 50% 50% 55% 57%
Operating income $36.8M $73.9M $52.6M $25.6M -$43.0M $21.0M
Net income $33.5M $238.4M $41.0M $29.3M -$29.7M $17.9M
Net margin 6% 35% 5% 3% -4% 2%
Earnings per share $0.54 $3.51 $0.60 $0.42 -$0.45 $0.26
Free cash flow $43.6M $46.3M $13.1M $38.4M $50.3M $115.5M
Free cash margin 8% 7% 2% 4% 6% 12%
Cash $80.8M $51.3M $79.1M $63.4M $43.2M $143.1M
Shareholders' equity $280.3M $568.4M $679.6M $719.0M $780.9M $859.2M
Shares outstanding 62.12m 64.27m 65.73m 65.05m 66.43m 67.12m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Jul 21, 2026 Quarterly ↗ Jun 27, 2026 24d
Apr 22, 2026 Quarterly ↗ Mar 28, 2026 25d
Feb 20, 2026 Annual ↗ Dec 31, 2025 51d
Oct 30, 2025 Quarterly ↗ Sep 27, 2025 33d
Jul 22, 2025 Quarterly ↗ Jun 28, 2025 24d
Apr 22, 2025 Quarterly ↗ Mar 29, 2025 24d
Feb 21, 2025 Annual ↗ Dec 31, 2024 52d
Oct 29, 2024 Quarterly ↗ Sep 28, 2024 31d
Jul 23, 2024 Quarterly ↗ Jun 29, 2024 24d
Apr 23, 2024 Quarterly ↗ Mar 30, 2024 24d
Feb 23, 2024 Annual ↗ Dec 31, 2023 54d
Oct 24, 2023 Quarterly ↗ Sep 30, 2023 24d

Current reports

FiledDisclosed
Oct 8, 2026 Other events ↗
Jul 20, 2026 Results ↗
May 15, 2026 Shareholder vote ↗
Apr 21, 2026 Results ↗
Apr 21, 2026 Other events ↗
Jan 28, 2026 Results ↗
Jan 28, 2026 Other events ↗
Nov 17, 2025 Director or officer change · Regulation FD ↗
Oct 29, 2025 Results ↗
Jul 21, 2025 Results ↗
May 13, 2025 Other events ↗
May 9, 2025 Shareholder vote ↗