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Calix CALX Operating Income

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Other financials

Income statement

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Revenue$293.3M+21.3%
Gross profit$160.1M+17.5%
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$2.36B-36.4%
Enterprise value$2.32B-36.3%
P/E46.1×
P/S2.1×-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:OperatingIncomeLoss.

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
Line itemThree Months Ended / June 27,2026Three Months Ended / June 28,2025Six Months Ended / June 27,2026Six Months Ended / June 28,2025
Research and development52,75445,787107,40089,767
General and administrative23,18326,46451,63153,214
Total operating expenses138,275135,904284,855264,693
Operating income (loss)21,84939134,565(5,690)
Interest income and other income (expense), net:
Interest income1,9502,9594,8086,246
Other income (expense), net(204)77(546)(119)
Total interest income and other income (expense), net1,7463,0364,2626,127

Item 1. Financial Statements (Unaudited)

FAQ

What is Calix's operating income?
Calix (CALX) reported operating income of $21.85M in Q2 2026.
How has Calix's operating income changed year-over-year?
Calix's operating income increased by 5488.0% year-over-year, from $391K to $21.85M.
What is the long-term trend for Calix's operating income?
Over 3 years (2021 to 2025), Calix's operating income has grown at a -34.3% compound annual growth rate (CAGR), from $73.94M to $20.99M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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