📊 CALX Key Takeaways
Investment Thesis
CALX demonstrates strong revenue growth (20.3% YoY) with exceptional cash generation (FCF of $115.5M, 11.6% margin) and pristine balance sheet strength (4.24x current ratio, zero debt). However, profitability remains constrained with net margins at 1.8% and ROE/ROA below 2.2%, indicating operational leverage challenges despite gross margin expansion to 56.8%.
CALX Strengths
- Outstanding revenue growth of 20.3% YoY reaching $1.0B, signaling strong market demand
- Exceptional free cash flow generation of $115.5M (11.6% of revenue) with minimal capital intensity ($19.4M CapEx)
- Fortress balance sheet with zero long-term debt, $143.1M cash, 4.24x current ratio, and 477x interest coverage
- Net income growth of 160.1% YoY to $17.9M demonstrates improving bottom-line trajectory
- Strong gross margins at 56.8% indicating pricing power and favorable product mix
CALX Risks
- Operating margin severely depressed at 2.1% despite strong revenue growth, suggesting SG&A and operational inefficiencies
- Return on equity and ROA both anemic at 2.1% and 1.7% respectively, indicating poor capital efficiency
- Net margin of 1.8% leaves minimal room for margin compression or cost inflation
- 9 Form 4 filings in last 90 days may signal uncertainty or elevated insider trading activity requiring scrutiny
- Operating income of only $21.0M on $1.0B revenue suggests limited operational scalability at current cost structure
Key Metrics to Watch
- Operating margin expansion and path to 5%+ as revenue scales
- Return on equity improvement trajectory given strong FCF generation
- SG&A as percentage of revenue and overhead efficiency gains
- Gross margin sustainability amid competitive or cost pressures
- Free cash flow conversion rate relative to net income
CALX Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 4.24x current ratio provides a solid financial cushion.
CALX Profitability Ratios
CALX vs Default Sector
How CALIX, INC compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CALX Balance Sheet & Liquidity
CALX 5-Year Financial Trend
5-Year Trend Summary: CALIX, INC's revenue has grown significantly by 20% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.42 reflects profitable operations.
CALX Growth Metrics (YoY)
CALX Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $200.9M | -$4.0M | $-0.06 |
| Q2 2025 | $198.1M | -$199.0K | $0.00 |
| Q1 2025 | $220.2M | $103.0K | $0.00 |
| Q3 2024 | $200.9M | -$4.0M | $-0.06 |
| Q2 2024 | $198.1M | -$7.9M | $-0.12 |
| Q1 2024 | $226.3M | $103.0K | $0.00 |
| Q3 2023 | $236.3M | $13.4M | $0.19 |
| Q2 2023 | $202.0M | $7.5M | $0.11 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CALX Capital Allocation
CALX SEC Filings
Access official SEC EDGAR filings for CALIX, INC (CIK: 0001406666)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CALX
What is the AI rating for CALX?
CALIX, INC (CALX) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CALX's key strengths?
Outstanding revenue growth of 20.3% YoY reaching $1.0B, signaling strong market demand. Exceptional free cash flow generation of $115.5M (11.6% of revenue) with minimal capital intensity ($19.4M CapEx).
What are the risks of investing in CALX?
Operating margin severely depressed at 2.1% despite strong revenue growth, suggesting SG&A and operational inefficiencies. Return on equity and ROA both anemic at 2.1% and 1.7% respectively, indicating poor capital efficiency.
What is CALX's revenue and growth?
CALIX, INC reported revenue of $1.0B.
Does CALX pay dividends?
CALIX, INC does not currently pay dividends.
Where can I find CALX SEC filings?
Official SEC filings for CALIX, INC (CIK: 0001406666) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CALX's EPS?
CALIX, INC has a diluted EPS of $0.26.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.