Calix Inc

Calix Inc

CALX · NYSE · Technology / Software - Infrastructure

32.17USD-0.51 (-1.56%)

Price History

Full chart

Market Stats

Previous Close32.68
Open32.67
Day Range32.06 – 33.02
52-Week Range32.35 – 68.19
Volume563.21K
Market Cap2.27B
P/E (TTM)48.82
Forward P/E15.67
EPS0.74
Dividend Yield0.00%
Beta1.22
50-Day Avg36.19
200-Day Avg42.55

About

Calix, Inc., together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services. It offers Calix Cloud platform comprising Calix Engagement Cloud, Calix Operations Cloud, and Calix Service Cloud, which are configurable to display role-based insights and enable BEPs to anticipate and target new revenue-generating services and applications through mobile application, such as CommandIQ for residents and CommandWorx for businesses; Calix Intelligent Access, an access network solution for automated and intelligent networks; and Calix Unlimited Subscriber, a solution for subscriber managed services. It also provides SmartLife managed services, including SmartHome managed services and applications to enhance, operate and secure the connected experience of subscribers in their home for Wi-Fi, advanced content control, network security, connected cameras, and social media monitoring; SmartTown managed services that reimagine community Wi-Fi as a ubiquitous, secure, and managed experience across a BEP's footprint; SmartBiz managed services that address the business networking and productivity needs of business owners with an all-in-one managed service; SMARTMDU managed services provide purpose-built, flexible connectivity solutions for multi-family properties of any type. In addition, the company offers Wi-Fi systems under GigaSpire and GigaPro brands to be ready for deployment as a complete subscriber experience solution for BEP's residential and business subscribers. It provides its products through its direct sales force and resellers. Calix, Inc. was incorporated in 1999 and is headquartered in San Jose, California.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Michael Weening
  • Employees1.92K
  • Headquarters3155 Olsen Drive, San Jose, CA, United States, 95117, USA
  • Websitehttps://www.calix.com

Leadership

  • Mr. Michael WeeningCEO, President & Director · b. 1969
  • Mr. Cory J. Sindelar CPAChief Financial Officer · b. 1969
  • Mr. John DurocherChief Operations Officer · b. 1967
  • Mr. Shane Todd-Marshall EleniakChief Product Officer · b. 1967
  • Mr. Ed KoloditzkySenior VP & Chief Information Officer
  • Ms. Nancy FazioliVice President of Investor Relations
  • Mr. Douglas W. McNittExecutive VP, General Counsel & Corporate Secretary · b. 1965
  • Mr. Juergen LindnerChief Marketing Officer
  • Mr. Mark DresslerChief Revenue Officer
  • Ms. Martha GalleyChief Sustainability Officer

Financials

Income Statement

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue193.82M250.46M232.95M287.04M344.67M330.22M382.62M401.23M407.46M458.79M510.37M441.32M424.33M541.24M679.39M867.83M1.04B831.52M1.00B
Growth (%)-+29.23%-6.99%+23.22%+20.08%-4.19%+15.87%+4.86%+1.55%+12.60%+11.24%-13.53%-3.85%+27.55%+25.53%+27.74%+19.79%-20.02%+20.26%
Cost of Revenue133.47M171.37M156.30M174.31M225.22M192.64M211.54M223.44M217.03M257.57M337.48M243.94M236.41M274.22M322.81M432.40M521.28M377.92M431.69M
Gross Profit60.35M79.10M76.64M112.73M119.45M137.58M171.07M177.79M190.43M201.22M172.89M197.38M187.93M267.02M356.59M435.43M518.32M453.59M568.32M
Gross Margin31.14%31.58%32.90%39.27%34.66%41.66%44.71%44.31%46.74%43.86%33.88%44.73%44.29%49.33%52.49%50.17%49.86%54.55%56.83%
Operating Expense85.72M91.97M95.97M130.21M171.77M166.60M189.53M198.17M216.94M229.34M254.45M215.90M203.33M230.17M282.65M382.82M492.73M496.63M547.33M
Operating Income-25.37M-12.87M-19.33M-17.48M-52.32M-29.02M-18.45M-20.38M-26.51M-28.12M-81.56M-18.51M-15.40M36.85M73.94M52.61M25.59M-43.03M20.99M
Operating Margin-13.09%-5.14%-8.30%-6.09%-15.18%-8.79%-4.82%-5.08%-6.51%-6.13%-15.98%-4.20%-3.63%6.81%10.88%6.06%2.46%-5.18%2.10%
EBITDA-10.13M692.00K-7.80M-6.09M-26.07M-1.67M11.63M8.40M2.31M-18.50M-66.32M-8.95M-5.26M49.59M88.07M68.36M51.39M-12.10M51.88M
EBITDA Margin-5.22%0.28%-3.35%-2.12%-7.56%-0.51%3.04%2.09%0.57%-4.03%-12.99%-2.03%-1.24%9.16%12.96%7.88%4.94%-1.45%5.19%
Net Income-24.94M-12.92M-22.44M-18.55M-52.55M-28.33M-17.27M-20.81M-26.33M-27.40M-83.03M-19.30M-17.69M33.48M238.38M41.01M29.32M-29.75M17.88M
Net Income Margin-12.87%-5.16%-9.63%-6.46%-15.25%-8.58%-4.51%-5.19%-6.46%-5.97%-16.27%-4.37%-4.17%6.19%35.09%4.73%2.82%-3.58%1.79%
R&D44.44M44.35M46.13M55.41M67.72M66.75M79.30M80.31M89.71M106.87M127.54M89.96M81.18M85.26M101.75M131.99M177.77M179.87M190.36M
R&D as % of Total Revenue22.93%17.71%19.80%19.30%19.65%20.21%20.73%20.02%22.02%23.29%24.99%20.38%19.13%15.75%14.98%15.21%17.10%21.63%19.04%
Interest Expense2.33M2.09M3.87M1.19M184.00K185.00K167.00K806.00K1.14M585.00K160.00K632.00K958.00K1.58M402.00K2.01M9.70M--
Interest Expense % of Total Revenue1.20%0.83%1.66%0.41%0.05%0.06%0.04%0.20%0.28%0.13%0.03%0.14%0.23%0.29%0.06%0.23%0.93%--

Balance Sheet

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets202.68M189.46M241.12M257.56M359.54M377.90M383.60M370.19M323.89M355.48M295.07M317.08M316.82M427.35M742.03M884.84M941.87M939.27M1.06B
Total Liabilities518.35M511.85M100.65M62.25M82.12M108.82M109.68M96.35M88.10M142.51M150.11M165.15M162.79M147.03M173.60M205.27M222.88M158.33M199.30M
Total Equity-315.68M-322.40M140.47M195.30M277.42M269.07M273.92M273.84M235.78M212.96M144.96M151.93M154.03M280.32M568.43M679.57M718.98M780.94M859.22M
Cash21.34M23.21M31.82M66.30M38.94M46.99M82.75M48.83M23.63M50.36M39.77M49.65M46.83M80.81M51.33M79.07M63.41M43.16M143.09M
Total Debt16.51M21.00M20.00M-------30.00M30.00M47.00M18.86M20.70M19.60M11.56M8.02M25.51M
Net Debt-4.83M-2.21M-11.82M-66.30M-38.94M-46.99M-82.75M-48.83M-23.63M-50.36M-9.78M-19.65M171.00K-61.94M-30.63M-59.47M-51.85M-35.14M-117.57M

Cash Flow

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-11.87M-5.55M1.39M9.18M14.59M27.68M40.82M38.08M-5.34M24.42M-62.77M3.56M4.65M51.41M56.79M27.18M56.25M68.40M134.95M
Investing Cash Flow-13.93M2.85M-41.31M-2.29M-36.41M-22.18M-6.99M-75.44M4.67M12.08M19.73M-76.00K-13.35M-60.80M-110.66M-24.08M-6.25M-109.53M-6.37M
Financing Cash Flow35.39M4.57M48.53M27.59M-5.63M2.51M1.82M3.58M-24.14M-9.24M31.99M7.49M5.97M42.15M24.38M25.06M-65.93M20.90M-28.43M
Capital Expenditure5.65M5.43M5.06M5.61M7.36M10.18M6.99M11.96M7.28M9.84M8.03M10.43M13.35M7.82M10.46M14.07M17.86M18.05M19.43M
Free Cash Flow-17.52M-10.98M-3.67M3.56M7.23M17.50M33.83M26.11M-12.62M14.58M-70.80M-6.87M-8.70M43.59M46.33M13.12M38.40M50.35M115.52M
Dividends Paid---900.00K0000000-----11.68M--
FCF to OCF147.59%197.77%-264.32%38.82%49.59%63.22%82.88%68.59%236.27%59.71%112.79%-192.87%-186.91%84.79%81.58%48.25%68.26%73.61%85.60%
Dividend Paid to FCF---25.27%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-----30.41%--

Earnings

Report DateMay 6, 2010Jul 22, 2010Oct 21, 2010Feb 3, 2011Apr 28, 2011Jul 21, 2011Oct 20, 2011Feb 7, 2012May 1, 2012Jul 31, 2012Oct 25, 2012Feb 5, 2013Apr 25, 2013Jul 30, 2013Oct 29, 2013Feb 11, 2014Apr 29, 2014Jul 29, 2014Oct 29, 2014Feb 3, 2015Apr 28, 2015Jul 28, 2015Oct 29, 2015Feb 9, 2016May 3, 2016Aug 2, 2016Nov 1, 2016Feb 14, 2017May 9, 2017Aug 8, 2017Nov 7, 2017Feb 13, 2018May 8, 2018Aug 7, 2018Nov 5, 2018Feb 5, 2019May 1, 2019Jul 24, 2019Oct 22, 2019Jan 28, 2020Apr 30, 2020Jul 21, 2020Oct 20, 2020Jan 27, 2021Apr 27, 2021Jul 26, 2021Oct 25, 2021Jan 26, 2022Apr 25, 2022Jul 25, 2022Oct 24, 2022Jan 25, 2023Apr 19, 2023Jul 19, 2023Oct 23, 2023Jan 29, 2024Apr 23, 2024Jul 22, 2024Oct 28, 2024Jan 29, 2025Apr 21, 2025Jul 21, 2025Oct 29, 2025Jan 28, 2026Apr 21, 2026Jul 20, 2026Nov 2, 2026Nov 4, 2026
EPS Estimate-0.340.040.030.200.010.130.080.06-0.040.010.03-0.060.140.03-0.100.010.080.13-0.06-0.030.08-0.04-0.12-0.060.10-0.01-0.52-0.15-0.24-0.13-0.18-0.040.020.11-0.04-0.040.040.08-0.080.060.190.330.190.270.280.240.200.190.230.260.260.320.360.360.200.060.090.070.130.210.340.380.370.160.210.21
EPS Actual-0.150.140.150.03-0.160.160.070.080.010.040.040.060.060.100.200.03-0.030.100.090.13-0.070.060.16-0.03-0.09-0.040.12-0.14-0.57-0.30-0.28-0.15-0.200.010.050.13-0.08-0.010.060.09-0.040.140.400.450.400.380.350.260.220.220.340.340.310.360.450.430.210.090.130.080.190.330.440.390.400.210.16-
Surprise55.88%250.00%400.00%-85.00%-1700.00%23.08%-12.50%33.33%-0.00%300.00%100.00%-66.67%42.86%0.00%70.00%900.00%12.50%0.00%-16.67%300.00%100.00%25.00%25.00%33.33%20.00%-1300.00%-9.62%-100.00%-16.67%-15.38%-11.11%125.00%150.00%18.18%-100.00%75.00%50.00%12.50%50.00%133.33%110.53%36.36%110.53%40.74%25.00%8.33%10.00%15.79%47.83%30.77%19.23%12.50%25.00%19.44%5.00%50.00%44.44%14.29%46.15%57.14%29.41%2.63%8.11%31.25%-23.81%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap2.27B
Enterprise Value2.14B
Trailing P/E48.82
Forward P/E15.67
PEG Ratio3.34
Price / Sales2.05
Price / Book3.27
EPS0.74
Book Value11.28
Revenue (TTM)1.11B
Gross Profit (TTM)628.73M
EBITDA79.13M
Profit Margin4.61%
Operating Margin7.45%
Return on Equity6.91%
Return on Assets4.08%
Shares Outstanding62.96M
Shares Float56.97M
Beta1.22
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 7 analystsTarget 62.33
  • Strong Buy
    4
  • Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
99.35%
Insiders
9.71%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    11.78M18.70%
  • Vanguard Portfolio Management, LLC
    5.59M8.88%
  • AllianceBernstein L.P.
    3.25M5.16%
  • State Street Corp
    2.92M4.63%
  • Vanguard Capital Management, LLC
    2.59M4.11%
  • Geode Capital Management, LLC
    1.48M2.35%
  • Westfield Capital Management Company, L.P.
    1.32M2.10%
  • Dimensional Fund Advisors, Inc.
    1.31M2.08%
  • Acadian Asset Management LLC
    1.24M1.97%
  • Citadel Advisors Llc
    1.21M1.92%
  • Paradigm Capital Management, Inc.
    997.13K1.58%
  • Fort Washington Investment Advisors Inc
    933.94K1.48%
  • Arrowstreet Capital Limited Partnership
    875.84K1.39%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.43M5.45%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.83M2.90%
  • Vanguard Information Technology ETF
    1.51M2.40%
  • iShares Russell 2000 ETF
    1.49M2.37%
  • Vanguard Small Cap Index
    1.28M2.03%
  • Global X US Infrastructure Dev ETF
    1.26M2.00%
  • Harbor Small Cap Growth Instl
    933.40K1.48%