10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.0B | $18M | 56.8% | 2.1% | $116M | — | $143M |
| 2024 | $832M | -$30M | 54.6% | -5.2% | $50M | — | $43M |
| 2023 | $1.0B | $29M | 49.9% | 2.5% | $38M | — | $63M |
| 2022 | $868M | $41M | 50.2% | 6.1% | $13M | — | $79M |
| 2021 | $679M | $238M | 52.5% | 10.9% | $46M | — | $51M |
| 2020 | $541M | $33M | 49.3% | 6.8% | $44M | — | $81M |
| 2012 | — | -$28M | — | — | $17M | — | $47M |
| 2011 | — | -$53M | — | — | $7M | — | $39M |
| 2010 | — | -$19M | — | — | $4M | — | $66M |
| 2009 | — | -$26M | — | — | -$4M | — | $32M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $280M | $11M | 56.9% | 4.5% | $7M | — | $55M |
| Dec '25 | $272M | $7M | 57.7% | 3.4% | $40M | — | $143M |
| Sep '25 | $265M | $16M | 57.3% | 6.6% | $27M | — | $95M |
| Jun '25 | $242M | -$199000 | 56.3% | 0.2% | $36M | — | $77M |
| Mar '25 | $220M | -$5M | 55.7% | -2.8% | $13M | — | $42M |
| Dec '24 | $206M | -$18M | 55.0% | -9.1% | $10M | — | $43M |
| Sep '24 | $201M | -$4M | 54.8% | -5.4% | $13M | — | $62M |
| Jun '24 | $198M | -$8M | 54.3% | -5.7% | $16M | — | $84M |
| Mar '24 | $226M | $103000 | 54.2% | -0.9% | $11M | — | $88M |
| Dec '23 | $265M | -$7M | 42.8% | -4.6% | $11M | — | $63M |
| Sep '23 | $264M | $17M | 53.3% | 6.0% | $12M | — | $136M |
| Jul '23 | $261M | $9M | 52.3% | 4.5% | $12M | — | $90M |
| Apr '23 | $250M | $10M | 51.2% | 4.0% | $3M | — | $94M |
| Dec '22 | $245M | $12M | 51.1% | 5.3% | $1M | — | $79M |
| Oct '22 | $236M | $13M | 50.2% | 8.5% | $3M | — | $75M |
| Jul '22 | $202M | $8M | 49.6% | 4.8% | $4M | — | $52M |
| Apr '22 | $185M | $8M | 49.6% | 5.3% | $4M | — | $44M |
| Dec '21 | $176M | $20M | 51.7% | 8.3% | $9M | — | $51M |
| Oct '21 | $172M | $177M | 52.0% | 10.4% | $7M | — | $60M |
| Jul '21 | $169M | $20M | 53.1% | 12.2% | $22M | — | $59M |
How the market has priced CALX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Calix, Inc's revenue has grown 13.1% per year, and net income declined 11.8% per year. These are computed facts, not advice.
As of FY2025, Calix, Inc reported — of total debt against $143M of cash.
In FY2025, gross margin was 56.8%, operating margin 2.1%, and net margin 1.8%.
As of Jun '26, Calix, Inc traded at a price-to-earnings ratio of about 125.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.