Education
About Us
Working with TipRanks
Follow Us
Calix Inc (CALX)
NYSE:CALX
Earnings Data
Report Date
Apr 27, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.37Last Year’s EPS
0.19Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights strong execution: record quarterly and annual revenue, record gross margin, rising RPOs, robust cash generation, a successful third-generation platform launch with >300 customers migrated, and a quantified BEAD opportunity ($1.0B–$1.5B). Near-term headwinds include overlapping cloud costs during platform transition, higher operating expenses to accelerate AI, memory/component cost risk, and multi-year timelines to monetize Tier 1/international markets. Management expects the near-term cost hits to be temporary and is projecting continued sequential revenue growth (Q1 guide midpoint +2%) and return to target operating model by end of 2026. Overall, positive operational and financial momentum outweighs the transitional and timing-related challenges.Company Guidance
Record Quarterly and Annual Revenue
Q4 revenue of $272M, up 3% sequentially and 32% year-over-year; full-year revenue surpassed $1.0B, a 20% increase vs. 2024.
Strong Remaining Performance Obligations (RPO)
Total RPO reached a record $385M (+9% sequential, +18% YoY); Current RPO was $152M (+8% sequential, +26% YoY), indicating high revenue visibility.
Record Gross Margin and Margin Improvement Trend
Non-GAAP gross margin reached a record 58%, the eighth consecutive quarter of margin improvement, driven by appliance adoption and software growth.
Robust Free Cash Flow and Cash Position
Generated Q4 free cash flow of $40M (11th consecutive quarter of 8-figure FCF); ended year with $388M cash and investments (+$48M sequential, +$91M YoY).
Platform Launch and Customer Migrations
Launched third-generation Calix platform in December; >300 customers migrated already, target to complete migrations by end of Q1, enabling Agent Workforce Cloud and private cloud deployments.
Customer and Market Momentum
Added 25 new customers in Q4; management states demand visibility at an all-time high and characterizes 2026 as entering a sustained growth phase.
Strategic Partnerships and Go-to-Market
Partnership with Google Cloud to deploy platform globally (hosted or private instances); company to present at Mobile World Congress and host Investor Day to showcase strategy.
Capital Allocation and Share Repurchases
Deployed $17M to repurchase 300,000 shares in Q4, a fourfold increase in buybacks vs. Q3; Board authorized an additional $125M repurchase program.
Operational Metrics and Efficiency
Industry-leading DSO of 35 days and inventory turns of 3; low SKU strategy and platform abstraction cited as drivers of high appliance margins.
BEAD Market Opportunity Quantified
Management estimates Calix-accessible BEAD opportunity of $1.0B–$1.5B; initial orders received with expected appliance deliveries later this year and ramping into 2027.
CALX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CALX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 28, 2026 | $52.96 | $46.66 | -11.90% |
Oct 29, 2025 | $62.23 | $68.04 | +9.34% |
Jul 21, 2025 | $53.73 | $55.42 | +3.15% |
Apr 21, 2025 | $33.25 | $37.61 | +13.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Calix Inc (CALX) report earnings?
Calix Inc (CALX) is schdueled to report earning on Apr 27, 2026, After Close (Confirmed).
What is Calix Inc (CALX) earnings time?
Calix Inc (CALX) earnings time is at Apr 27, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CALX EPS forecast?
CALX EPS forecast for the fiscal quarter 2026 (Q1) is 0.37.
