What is Calix's net debt?

Calix (CALX) reported net debt of -$39.89M in Q1 2026.

How has Calix's net debt changed year-over-year?

Calix's net debt decreased by 13.1% year-over-year, from -$35.26M to -$39.89M.

What is the long-term trend for Calix's net debt?

Over 5 years (2020 to 2025), Calix's net debt has grown at a 14.5% compound annual growth rate (CAGR), from -$64.87M to -$127.49M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Calix CALX Net debt

Discontinued — last reported Q1 '26

Net debt at other companies

Cabot CorporationCBT

1.1×-0.3×

Travel + LeisureTNL

6×+1.6×

UnifirstUNF

-0.2×-0.1×

HES

Hess MidstreamHESM

3.1×-0.1×

Andersons Inc.ANDE

4×+2.1×

SeadrillSDRL

1×+0.6×

Other financials

Income statement

See full

Revenue$280.0M+27.1%

Gross profit$159.3M+29.8%

Operating income$12.7M+309%

Net income$11.2M+334%

EPS (diluted)$0.16+329%

Balance sheet

See full

Cash & equivalents$54.6M+29.1%

Total debt$14.7M+109%

Total equity$738.0M-3.8%

Total assets$951.4M+3.7%

Cash flow

See full

Operating cash flow$14.6M-15.0%

CapEx$8.1M+88.4%

Free cash flow$6.5M-49.5%

Valuation

See full

Market cap$2.32B+34.0%

Enterprise value$2.28B+34.3%

P/E68.5×—

P/S2.2×+0.1×

Profitability

See full

Gross margin57.1%+2.1pp

Operating margin3.8%+2.3pp

Net margin3.2%+2.0pp

FCF margin10.3%+4.0pp

Returns & leverage

See full

Return on equity4.5%+3.0pp

Debt / equity0×0.0×

Current ratio3.3×-1.3×

Where this comes from

Calculated from Calix’s reported figures.

$14.7Mtotal debt−$54.6Mcash and equivalents=-$39.89M

The official record: Calix’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

Ask your AI about Calix's net debt.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Calix's net debt?: Calix (CALX) reported net debt of -$39.89M in Q1 2026.
How has Calix's net debt changed year-over-year?: Calix's net debt decreased by 13.1% year-over-year, from -$35.26M to -$39.89M.
What is the long-term trend for Calix's net debt?: Over 5 years (2020 to 2025), Calix's net debt has grown at a 14.5% compound annual growth rate (CAGR), from -$64.87M to -$127.49M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.