Calix, Inc. (CALX)

Calix Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 29, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	825.45	831.52	1,040	867.83	679.39	541.24
Revenue Growth (YoY)	-18.75%	-20.02%	19.79%	27.73%	25.53%	27.55%
Cost of Revenue	371.73	377.92	521.28	432.4	322.81	274.22
Gross Profit	453.73	453.59	518.32	435.43	356.59	267.02
Selling, General & Admin	321.38	316.76	314.96	250.82	181.69	138.63
Research & Development	179.43	179.87	177.77	131.99	101.75	85.26
Operating Expenses	500.81	496.63	492.73	382.82	283.44	223.89
Operating Income	-47.08	-43.03	25.59	52.61	73.15	43.13
Interest Expense	-	-	-	-	-0.4	-1.59
Interest & Investment Income	13	12.34	9.7	2.01	-	-
Currency Exchange Gain (Loss)	-1	-0.7	-	-	-	-
Other Non Operating Income (Expenses)	-0.02	-0.26	-0.53	-0.58	-0.88	-0.98
EBT Excluding Unusual Items	-35.1	-31.65	34.76	54.04	71.87	40.57
Merger & Restructuring Charges	-	-	-	-	0.79	-6.29
Pretax Income	-35.1	-31.65	34.76	54.04	72.65	34.28
Income Tax Expense	-0.47	-1.9	5.43	13.03	-165.72	0.8
Net Income	-34.64	-29.75	29.33	41.01	238.38	33.48
Net Income to Common	-34.64	-29.75	29.33	41.01	238.38	33.48
Net Income Growth	-	-	-28.49%	-82.80%	611.92%	-
Shares Outstanding (Basic)	66	66	66	65	63	59
Shares Outstanding (Diluted)	66	66	69	69	68	62
Shares Change (YoY)	-4.17%	-4.96%	0.59%	1.55%	9.45%	12.74%
EPS (Basic)	-0.52	-0.45	0.44	0.63	3.77	0.57
EPS (Diluted)	-0.52	-0.45	0.42	0.60	3.51	0.54
EPS Growth	-	-	-30.00%	-82.91%	550.00%	-
Free Cash Flow	52.27	50.35	38.4	13.12	46.33	43.59
Free Cash Flow Per Share	0.79	0.76	0.55	0.19	0.68	0.70
Gross Margin	54.97%	54.55%	49.86%	50.18%	52.49%	49.34%
Operating Margin	-5.70%	-5.17%	2.46%	6.06%	10.77%	7.97%
Profit Margin	-4.20%	-3.58%	2.82%	4.73%	35.09%	6.19%
Free Cash Flow Margin	6.33%	6.05%	3.69%	1.51%	6.82%	8.05%
EBITDA	-28.13	-23.48	42.22	66.93	88.16	56.85
EBITDA Margin	-3.41%	-2.82%	4.06%	7.71%	12.98%	10.50%
D&A For EBITDA	18.95	19.55	16.63	14.32	15.01	13.72
EBIT	-47.08	-43.03	25.59	52.61	73.15	43.13
EBIT Margin	-5.70%	-5.17%	2.46%	6.06%	10.77%	7.97%
Effective Tax Rate	-	-	15.63%	24.12%	-	2.33%

Updated Apr 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q