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Calix

CALX

Calix provides a cloud and software platform powered by agentic AI that enables communication service providers to transform into experience providers.

Market cap
$2.26B-39.0%
Revenue$1.1B+27.8%
Net income$51.2M+290%
Free cash flow$85.4M+19.4%
EPS (diluted)$0.75+288%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 26, 2026 (in 3 months)
Revenue estimate$304.1M
EPS estimate$0.42

Financials

Q2 2026

Income statement

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Revenue$293.3M+21.3%
Gross profit$160.1M+17.5%
Operating income$21.8M+5,488%
Net income$17.1M+8,698%
EPS (diluted)$0.26

Balance sheet

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Cash & equivalents$56.0M-26.9%
Total debt$14.0M+134%
Total equity$710.0M-8.1%
Total assets$954.4M+3.6%

Cash flow

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Operating cash flow$16.5M-58.1%
CapEx$4.6M+22.6%
Free cash flow$11.9M-66.5%

Valuation & ratios

Valuation

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Market cap$2.26B-39.0%
Enterprise value$2.22B-39.8%
P/E44.2×
P/S-2.3×

Profitability

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Gross margin56.6%+1.1pp
Operating margin5.5%+3.9pp
Net margin4.6%+3.3pp
FCF margin7.7%-0.5pp

Returns & leverage

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Return on equity6.9%+5.2pp
Debt / equity0.0×
Current ratio2.8×-1.7×

Segments

By geography

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Europe$4.9M-68.3%
Rest of world$2.5M+76.4%

By product

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Appliance$242.8M+22.5%
Software and service$50.5M+15.5%

By segment

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Reportable Segment$293.3M+21.3%

Competitors

Profile

Calix provides a cloud and software platform powered by agentic AI that enables communication service providers to transform into experience providers. The company's solutions simplify operations and automate subscriber engagement through a combination of intelligent appliances, role-based cloud applications, and managed services. Their core value proposition centers on helping providers increase subscriber loyalty and revenue while reducing operating costs through data-driven insights.

Competitive position

Calix positions itself as a specialized platform provider for experience-focused broadband providers, differentiating through integrated AI agents and end-to-end managed services rather than just hardware speed.

GeographiesUnited States, Canada, Europe, China, India
Customer segmentsCommunication Service Providers, Municipalities, Electric Cooperatives, Small and Medium Businesses
Business modelSubscription SaaS, Hardware-enabled Software, Professional Services
SuppliersContract Manufacturers (CMs), Original Design Manufacturers (ODMs), Third-party logistics partners, Semiconductor and component suppliers, Outsourced software development firms
CustomersBroadband Service Providers, Telecommunications Carriers, Utility Cooperatives, Hospitality Providers, Property Management Companies
Listed2010
Employees1.8K
CEOMichael Weening
Websitecalix.com
FilingsSEC EDGAR

FAQ

What is Calix's market cap?
Calix (CALX) has a market capitalization of $2.3B and trades on NYSE.
What is Calix's revenue and profitability?
Calix generated $1.1B in trailing twelve-month revenue with net income of $51.2M, representing a net margin of 4.6%. Gross margin stands at 56.6%, with free cash flow of $85.4M. These figures are based on the Q2 2026 filing.
Who are Calix's competitors?
Calix's key competitors include Ciena Corporation, ADTRAN Holdings, Inc., Harmonic Inc., and others. These companies compete in similar markets and product categories.
Who does Calix partner with?
Calix's notable partners include Google LLC, Conexon, LLC, ePlus Technology, Inc., and others.
Where is Calix headquartered?
Calix is headquartered in United States of America and employs approximately 1,760 people. It has been publicly traded since 2010.