Financials Calix, Inc.

Stocks

CALX

US13100M5094

Communications & Networking

Market Closed - NYSE Other stock markets 16:00:03 2026-07-06 EDT			5-day change	1st Jan Change
38.47 ^USD	-0.03%		+6.71%	-27.32%

07-01	Alaska Communications Systems Selects Calix, Inc. To Extend Calix One Platform With SmartMDU And Drive 193% SmartBiz Adoption	CI
06-30	Tipmont REMC Selects Calix, Inc. Ai-Native Calix One Platform to Accelerate Delivery of Differentiated Experiences	CI

Projected Income Statement: Calix, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	679.4	867.8	1,040	831.5	1,000	1,183	1,376	1,604
Change	-	27.74%	19.79%	-20.02%	20.26%	18.34%	16.27%	16.59%
EBITDA ¹	111.5	113.7	139.6	50.09	127.6	165.3	230.5	325.1
Change	-	2.01%	22.77%	-64.13%	154.73%	29.58%	39.39%	41.05%
EBIT ¹	96.49	99.43	123	30.54	109.9	147.4	208.3	303.8
Change	-	3.04%	23.72%	-75.17%	259.81%	34.12%	41.32%	45.87%
Interest Paid ¹	-0.402	-0.577	-	12.34	13.43	-1.4	-1.4	-
Earnings before Tax (EBT) ¹	72.65	54.04	38.01	-31.65	34.17	69.2	110.1	177.8
Change	-	-25.62%	-29.67%	-183.26%	207.97%	102.53%	59.1%	61.49%
Net income ¹	-	41.01	31.78	-29.75	17.88	52.8	84.8	136.9
Change	-	-	-22.5%	-193.6%	160.12%	195.24%	60.61%	61.44%
Announcement Date	1/26/22	1/25/23	1/29/24	1/29/25	1/28/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales ¹	168.7	172.2	176.4	184.9	202	236.3	244.5	250	261	263.8	264.7	226.3	198.1	200.9	206.1	220.2	241.9	265.4	272.4	280	290	301.6	311.8	313.4	332.5	352	366.1	361.2
Change	-	2.11%	2.43%	4.83%	9.24%	16.97%	3.46%	2.25%	4.4%	1.08%	0.34%	-14.51%	-12.45%	1.42%	2.58%	6.85%	9.83%	9.74%	2.64%	2.77%	3.56%	4.03%	3.38%	0.51%	6.11%	5.85%	4.01%	-1.34%
EBITDA ¹	29.58	28.3	22.58	24.55	23.82	34.86	30.51	30.54	36.92	36.88	37.72	20.65	10.18	10.9	8.368	18.23	30.35	43.1	35.69	37.7	37.75	42.65	47.95	43.3	48.1	54	56.8	58.1
Change	-	-4.3%	-20.24%	8.77%	-2.99%	46.32%	-12.46%	0.08%	20.91%	-0.12%	2.29%	-45.27%	-50.7%	7.04%	-23.2%	117.89%	66.43%	42.03%	-17.2%	5.63%	0.14%	12.98%	12.43%	-9.7%	11.09%	12.27%	5.19%	2.29%
EBIT ¹	25.92	24.69	18.91	20.61	20.09	31.69	27.03	26.81	30.31	32.61	33.27	15.78	5.058	6.079	3.623	13.96	26.23	38.4	31.29	33.32	33.54	38.37	42.14	41.33	47.1	53.07	57.3	53.7
Change	-	-4.73%	-23.39%	8.97%	-2.51%	57.72%	-14.69%	-0.81%	13.05%	7.59%	2.02%	-52.57%	-67.95%	20.19%	-40.4%	285.37%	87.88%	46.4%	-18.53%	6.5%	0.64%	14.41%	9.83%	-1.92%	13.95%	12.67%	7.98%	-6.28%
Charge d'intérêts ¹	-0.119	-0.086	-0.072	0.035	0.24	-	-0.103	-0.167	0.163	-0.444	-	-	2.96	3.282	3.466	3.287	-2.959	-	3.924	2.858	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	-
Earnings before Tax (EBT) ¹	20.66	-	13.78	9.82	9.669	20.47	14.09	11.41	14.23	18.14	-5.774	0.468	-8.682	-7.792	-15.64	-2.99	3.427	20.33	13.4	15.23	14.2	18.1	21.8	20.1	25	31	34	34.3
Change	-	-	-	-28.75%	-1.54%	111.67%	-31.17%	-19.01%	24.72%	27.51%	-131.82%	108.11%	-1,955.13%	10.25%	-100.72%	80.88%	214.62%	493.35%	-34.12%	13.7%	-6.78%	27.46%	20.44%	-7.8%	24.38%	24%	9.68%	0.88%
Net income ¹	20.46	-	-	-	-	13.44	11.93	9.598	9.373	16.95	-4.142	0.103	-7.958	-3.968	-17.92	-4.787	-0.199	15.66	7.212	11.21	10.9	13.9	16.7	15.5	19.2	23.9	26.2	26.4
Change	-	-	-	-	-	-	-11.28%	-19.53%	-2.34%	80.87%	-124.43%	102.49%	-7,826.21%	50.14%	-351.71%	73.29%	95.84%	7,968.34%	-53.94%	55.44%	-2.77%	27.52%	20.14%	-7.19%	23.87%	24.48%	9.62%	0.76%
Announcement Date	7/26/21	10/25/21	1/26/22	4/25/22	7/25/22	10/24/22	1/25/23	4/19/23	7/19/23	10/23/23	1/29/24	4/22/24	7/22/24	10/28/24	1/29/25	4/21/25	7/21/25	10/29/25	1/28/26	4/21/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Calix, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	1/26/22	1/25/23	1/29/24	1/29/25	1/28/26	-	-	-

Estimates

Cash Flow Forecast: Calix, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	10.46	14.07	17.86	18.05	19.44	22	21	26
Change	-	34.45%	26.93%	1.11%	7.65%	13.2%	-4.55%	23.81%
Free Cash Flow (FCF) ¹	-	-	38.4	50.35	115.5	124	201	261
Change	-	-	-	31.12%	129.45%	7.34%	62.1%	29.85%
Announcement Date	1/26/22	1/25/23	1/29/24	1/29/25	1/28/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Calix, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	16.41%	13.11%	13.43%	6.02%	12.76%	13.97%	16.75%	20.27%
EBIT Margin (%)	14.2%	11.46%	11.83%	3.67%	10.99%	12.45%	15.14%	18.94%
EBT Margin (%)	10.69%	6.23%	3.66%	-3.81%	3.42%	5.85%	8%	11.08%
Net margin (%)	-	4.73%	3.06%	-3.58%	1.79%	4.46%	6.16%	8.53%
FCF margin (%)	-	-	3.69%	6.05%	11.55%	10.48%	14.61%	16.27%
FCF / Net Income (%)	-	-	120.81%	-169.25%	645.93%	234.85%	237.03%	190.65%
Profitability
ROA	-	-	11.73%	3.69%	9.33%	12.28%	17.84%	21.36%
ROE	-	-	15.29%	4.62%	11.37%	15.52%	23.14%	27.5%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	1.54%	1.62%	1.72%	2.17%	1.94%	1.86%	1.53%	1.62%
CAPEX / EBITDA (%)	9.38%	12.37%	12.79%	36.04%	15.23%	13.31%	9.11%	8%
CAPEX / FCF (%)	-	-	46.5%	35.86%	16.82%	17.74%	10.45%	9.96%
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	10.93	11.85	12.4	12.63	15.01	18.71
Change	-	-	-	8.41%	4.58%	1.87%	18.84%	24.66%
EPS ¹	3.51	0.6	0.46	-0.45	0.26	0.79	1.26	2
Change	-	-82.91%	-23.33%	-197.83%	157.78%	203.85%	59.49%	58.73%
Nbr of stocks (in thousands)	63,756	65,441	65,867	66,316	66,276	63,782	63,782	63,782
Announcement Date	1/26/22	1/25/23	1/29/24	1/29/25	1/28/26	-	-	-