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Calix CALX Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin56.6%+1.1pp57.1%+2.1pp56.8%+2.3pp56.2%+5.2pp55.5%+4.7pp
Operating margin5.5%+9.6pp3.8%+9.5pp2.1%+7.3pp-0.8%-4.1%
Net margin4.6%+7.7pp3.2%+7.4pp1.8%+5.4pp-0.8%-3.1%
Returns
Return on equity6.9%+10.4pp4.5%+9.1pp2.2%+6.1pp-0.9%-3.5%
Return on invested capital6.3%+11.4pp3.6%+10.3pp1.4%+7.5pp-1%-5.1%
Efficiency
Asset turnover1.2×+0.2×1.1×+0.2×+0.1×0.0×0.9×-0.1×
Liquidity
Current ratio2.8×-1.7×3.3×-1.3×4.2×-0.2×+0.5×4.5×+0.3×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Net debt / EBITDA-0.5×-0.7×-0.2×-7.6×
Per Share
Book value per share$10.84-9.5%$10.76-7.4%$12.40+4.6%$11.790.0%$11.97+4.3%
Valuation
Market capitalization$2.42B-34.6%$3.17B+34.0%$3.51B+51.7%$4.01B+57.0%$3.21B+38.4%
Price / earnings47.4×93.4×196.2×
Price / sales2.2×-2.1×+0.1×3.5×+0.7×4.3×+1.4×3.7×+1.3×
Price / book3.4×-1.4×4.3×+1.2×4.1×+1.1×4.9×+1.6×4.2×+1.1×
EV / EBITDA30.1×54.3×90.4×356.1×

FAQ

What are Calix's profit margins?
Calix (CALX) runs a 56.6% gross margin and a 5.5% operating margin, with a 4.6% net margin.
Where do Calix's ratios come from?
Every ratio is computed from Calix's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.