Calix, Inc (CALX) stock

CALXNYSECommunications Services, NECFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Nov 3, 2026Score 13/3010% below fair value

$32.17−0.51 (-1.56%)

Close on Nov 13, 2026Market cap $2.03BP/E 43.5Yield 0.00%

Calix statistics

101 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Jan 27, 2027 (estimated, after the close)
Last ex-dividend date: No dividends
Fundamentals through: Jun 27, 2026
Share price as of: Nov 13, 2026

Valuation ratiosIndustry

Market Cap: $2.03B; $590.07M
Enterprise Value: $1.83B; $1.73B
PE Ratio: 43.47; 13.82
PS Ratio: 1.82; 0.84
PB Ratio: 2.85; 1.57
P/TBV Ratio: 3.41; 1.94
P/FCF Ratio: 23.71; 8.12
P/OCF Ratio: 18.50; 4.77

Enterprise valuationIndustry

EV / Sales: 1.65; 1.43
EV / EBITDA: 23.14; 8.88
EV / EBIT: 29.90; 13.49
EV / FCF: 21.44; 17.19

Share statisticsIndustry

Shares Outstanding: 63M; 72M
Shares Change (YoY): 4.23%; 2.27%
Shares Change (QoQ): -2.23%; 0.03%
Float: 57M; 48M
Shares Held by Insiders: 9.45%; 15.4%
Shares Held by Institutions: 95.4%; 59.3%

Short sellingIndustry

Short Interest: 5M; –
Short Interest Change: -1.58%; 1.33%
Short % of Float: 8.84%; 8.84%
Short % of Shares Outstanding: 8.01%; 4.94%
Days to Cover: 5.51; 5.08

Stock price statisticsIndustry

52-Week High: $63.36; –
52-Week Low: $30.55; –
20-Day Moving Average: $34.93; –
50-Day Moving Average: $35.07; –
200-Day Moving Average: $41.42; –
Average True Range (14): $1.42; –
Price Change (1 Week): 5.13%; 1.12%
Price Change (1 Month): -13.5%; -4.40%
Price Change (3 Months): -18.6%; -16.8%
Price Change (6 Months): -19.2%; -14.7%
Price Change (YTD): -39.2%; -11.8%
Price Change (1 Year): -49.2%; -8.29%
Price Change (3 Years): -14.7%; -28.5%
Price Change (5 Years): -57.0%; -63.1%
Price Change (10 Years): 320.5%; -47.4%
Average Volume (10 Days): 1M; –
Average Volume (20 Days): 1M; –
Average Volume (90 Days): 1M; –
Relative Volume: 0.51; 0.90
Relative Strength Index (14): 38.2; 45.5
Volatility (1 Year): 41.3%; 63.5%
Beta (5 Years): 1.29; 0.94

MarginsIndustry

Gross Margin: 56.6%; 47.0%
Operating Margin: 5.51%; 3.83%
Pretax Margin: 6.53%; 1.00%
Profit Margin: 4.61%; -1.73%
EBITDA Margin: 7.12%; 9.78%
FCF Margin: 7.69%; 2.85%

Returns on capitalIndustry

Return on Equity (ROE): 6.91%; 1.96%
Return on Assets (ROA): 5.46%; -1.42%
Return on Invested Capital (ROIC): 7.13%; 2.85%
Return on Capital Employed (ROCE): 8.23%; 3.78%

Financial positionIndustry

Current Ratio: 2.83; 1.26
Quick Ratio: 1.57; 0.91

GrowthIndustry

Revenue Growth (YoY): 27.8%; 1.98%
FCF Growth (YoY): 19.4%; -23.8%
Revenue Growth (3Y CAGR): 4.84%; 0.62%
Revenue Growth (5Y CAGR): 13.1%; 3.27%
EPS Growth (3Y CAGR): -24.3%; 5.61%
EPS Growth (5Y CAGR): -13.6%; -12.2%

EfficiencyIndustry

Asset Turnover: 1.18; 0.46
Inventory Turnover: 3.32; 19.37
Revenue Per Employee: $578.45K; $509.66K
Profits Per Employee: $26.65K; -$13.80K
Employee Count: 1,921; 638
WACC: 11.4%; 7.68%

Income statement (TTM)Industry

Revenue: $1.11B; $482.09M
Gross Profit: $628.73M; $117.68M
Operating Income: $61.25M; $1.96M
Pretax Income: $72.56M; -$108.67K
Net Income: $51.19M; -$1.18M
EBITDA: $79.13M; $12.46M
EPS (Diluted): $0.74; -$0.03

Balance sheetIndustry

Cash & Short-Term Investments: $194.30M; $83.39M
Net Cash (Debt): $194.30M; -$10.07M
Net Cash Per Share: $3.09; -$0.20
Equity (Book Value): $710.02M; $110.62M
Book Value Per Share: $11.28; $2.20
Tangible Book Value: $593.85M; $789.72K
Working Capital: $384.78M; $14.16M

Cash flow (TTM)Industry

Operating Cash Flow: $109.51M; $20.93M
Capital Expenditures: -$24.09M; -$72.78M
Free Cash Flow: $85.42M; $13.76M
FCF Per Share: $1.36; $0.52

Dividends and yieldsIndustry

Earnings Yield: 2.53%; -0.84%
FCF Yield: 4.22%; 3.88%
Dividend Yield: 0.00%; 3.77%
Buyback Yield: 12.9%; 1.79%
Shareholder Yield: 12.9%; 3.77%
Dividend Per Share: $0.00; $0.80
Years of Dividend Growth: 0; 0

Taxes and interestIndustry

Income Tax: $21.37M; $3.61M
Effective Tax Rate: 29.4%; 23.1%

Scores and fair valueIndustry

Graham Number: $13.70; $13.70
Graham Upside: -57.4%; -17.7%
Altman Z-Score: 6.33; 0.91
Piotroski F-Score: 7; 5
Beneish M-Score: -2.84; -2.87

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

Period	CALX	S&P 500	Difference	CALX per year	S&P 500 per year
1 month	-11.4%	-3.0%	−8.4 pts
3 months	-19.3%	-2.8%	−16.5 pts
Year to date	-39.2%	+11.5%	−50.7 pts
1 year	-46.7%	+13.5%	−60.1 pts
3 years	-7.6%	+77.7%	−85.3 pts	-2.6%	+21.1%
5 years	-57.0%	+72.6%	−129.7 pts	-15.6%	+11.5%
10 years	+317.8%	+308.2%	+9.6 pts	+15.4%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

5M CALX shares were sold short on Oct 30, 2026, down 1.6% from the previous report, or 8.84% of the shares available to trade. At recent volumes it would take 5.5 days to buy them back. Over the last 20 sessions, 56.5% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	5,041,048	-1.6%	914,295	5.5
Oct 15, 2026	5,122,229	-3.9%	1,039,079	4.9
Sep 30, 2026	5,331,659	-4.5%	1,230,058	4.3
Sep 15, 2026	5,580,340	+19.7%	1,001,276	5.6
Aug 31, 2026	4,660,464	+17.7%	771,925	6.0
Aug 14, 2026	3,960,312	-20.7%	761,137	5.2
Jul 31, 2026	4,993,489	-12.7%	1,727,040	2.9
Jul 15, 2026	5,717,005	-1.6%	1,105,315	5.2
Jun 30, 2026	5,809,290	+3.4%	1,505,699	3.9
Jun 15, 2026	5,618,541	-5.9%	1,078,713	5.2
May 29, 2026	5,969,343	+10.5%	832,434	7.2
May 15, 2026	5,401,085	-10.9%	742,088	7.3