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Calix, Inc.

CALXTechnologyNASDAQ

Software - Infrastructure

PriceMA150MA200
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Financials · Annual
Revenue
$1.00B
+20.3% YoY
Net Income
$17.9M
+160.1% YoY
EBITDA
$38.7M
+264.8% YoY
Free Cash Flow
$100.5M

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About Calix, Inc.

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,. At a $2.52B market cap, Calix, Inc. ranks as a mid-cap company within technology. The company cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services.

Key stats
Market Cap$2.52B
P/E (TTM)80.59
Fwd P/E15.78
EPS$0.49
Beta1.27
52W Change-16.5%
ROE4.5%
Analysis

The balance sheet looks solid with $243.3M in cash comfortably exceeding the $14.7M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. The company generates $100.5M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 4.5%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.7% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $867.8M to $1.00B.

With cash comfortably exceeding debt, CALX has financial flexibility that may help navigate uncertain periods. At over 50x earnings, CALX carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing CALX.

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