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Calix CALX San Jose, California — Future minimum lease payments

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Other financials

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

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Market cap$2.4B-34.9%
Enterprise value$2.36B-34.8%
P/E47×
P/S2.2×-2.1×

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×

Where this comes from

Reported directly by Calix in its filing.

Tagged under the XBRL concept us-gaap:LesseeOperatingLeaseLiabilityPaymentsDue.

The source filing: Calix’s 10-Q, filed July 21, 2026.

Filed
Jul 21, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001406666-26-000034

We lease our headquarters office space in San Jose, California under a lease agreement that expires in January 2033. The future minimum lease payments under the lease are $8.4 million and are included in the table above.

Item 1. Financial Statements (Unaudited)

FAQ

What is Calix's san jose, california — future minimum lease payments?
Calix (CALX) reported san jose, california — future minimum lease payments of $8.4M in Q2 2026.
How has Calix's san jose, california — future minimum lease payments changed year-over-year?
Calix's san jose, california — future minimum lease payments increased by 546.2% year-over-year, from $1.3M to $8.4M.
What is the long-term trend for Calix's san jose, california — future minimum lease payments?
Over 3 years (2021 to 2024), Calix's san jose, california — future minimum lease payments has grown at a -21.8% compound annual growth rate (CAGR), from $41.8M to $20M.
What does san jose, california — future minimum lease payments mean?
This represents the total undiscounted future cash obligations for operating leases associated with the San Jose, California facility. It provides insight into the long-term fixed financial commitments required to maintain the company's primary operational footprint in this region. Investors use this to assess the company's future liquidity requirements and the scale of its physical infrastructure obligations.

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