Calix, Inc. (CALX)

From the record

Calix, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Calix, Inc.'s 6 filed years say what it did: revenue went from $541 million in fiscal 2020 to $1.0 billion in fiscal 2025, up 13.1% a year; it rose in 4 of 5 years; the deepest fall was 20% from fiscal 2023 to fiscal 2024; net income was positive in 5 of 6 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Calix, Inc.'s diluted share count grew about 0.2% a year, and dividends and buybacks returned about 73% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 8 sales (7 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-09 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Calix, Inc. earned about 2 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 54 cents per dollar of everything the company owns. Leverage: it owed about 19 cents per dollar of assets, and net share issuance: its share count grew 5.2% over the year (the filed statements).

From the record

Calix, Inc.'s standing among 19 graded names in its industry family: revenue of $1.0 billion in fiscal 2025 ranks in the top 15% by size; a net margin of 1.8% ranks in the top 18%; revenue growth of 4.8% a year over the last 3 filed years ranks in the bottom 45% (its annual reports).

From the record

Calix, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Weening, Michael (President & CEO, as filed), filing under that title since 2022-11-01, 4 years (top 37% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 9.2 years (top 21%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 27%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Calix, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $143 million against no long-term debt tagged leaves 13.5% of its assets as net cash, top 29% of its family; cash from operations less capital spending is 11.6% of revenue (top 19%); a gross margin of 56.8% (top 6%); research spending of 19% of revenue (top 23%) (its annual report).

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Calix, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 4.8% a year over the last three filed years against 13.1% over all 6, slowing (bottom 26% of its family); the newest year grew 20.3% (top 32%); research spending grew 13% a year (top 25%); capital spending grew 11.4% a year (bottom 44%) (its annual reports). Calix, Inc. reported 2 product lines in fiscal 2025: Appliance at $826 million (83%), Software and Service at $174 million (17%); 2 of 2 grew against the year before (its annual report).

From the record

Calix, Inc.'s newest year against its own record: revenue of $1.0 billion in fiscal 2025 came in 22.9% above the $814 million its prior three years' pace pointed to (top 32% of its family); net income of $18 million against a prior three-year average of $14 million (top 50%); a net margin of 1.8% against 1.3% before (top 50%) (its annual reports).