The Tip Desk

CALIX, INC

Company Stats

Market Cap
$2.2B
as of Sep 30, 2026
Shares Outstanding
63.0M
Free Float
91.7%

Income Statement

Revenue
$1.0B
Operating Income
$21.0M
Net Income
$17.9M
EBITDA
$38.7M
Revenue Growth, 3Y
4.8%
FCF Margin, 3Y Avg
7.1%
FCF Margin, Worst Year
3.7%

Cash Flow

Free Cash Flow
$115.5M
FCF Yield
5.3%
Owner FCF Yield
1.3%

Balance Sheet

Cash & Equivalents
$143.1M

Returns & Capital

Share Repurchases
$93.6M
Buyback Yield, 3Y Avg
2.9%
SBC, 3Y Avg
$73.8M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$1.0B$115.5M11.6%
FY2024$831.5M$50.3M6.1%
FY2023$1.0B$38.4M3.7%
FY2022$867.8M$13.1M1.5%
FY2021$679.4M$46.3M6.8%

Annual filing data through FY ended December 31, 2025; shares and float as of October 11, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage