CALIX, INC

For the period ended Mar 28, 2026. Filed Apr 22, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 28, 2026 · Filed Apr 22, 2026

CALX$32.24+0.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Balance Sheets

(In thousands, except par value)

	March 28,2026	December 31,2025
	(Unaudited)	(See Note 1)
ASSETS
Current assets:
Cash and cash equivalents	$54,601	$143,086
Marketable securities	188,688	245,018
Accounts receivable, net	116,772	99,367
Inventory	154,626	133,737
Prepaid expenses and other current assets	72,487	70,345
Total current assets	587,174	691,553
Property and equipment, net	38,998	37,812
Right-of-use operating leases	13,662	14,665
Deferred tax assets	164,719	165,636
Goodwill	116,175	116,175
Other assets	30,680	32,681
	$951,408	$1,058,522
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$69,122	$41,523
Accrued liabilities	78,555	91,339
Deferred revenue	30,800	30,386
Total current liabilities	178,477	163,248
Long-term portion of deferred revenue	19,708	19,890
Operating leases	11,860	12,756
Other long-term liabilities	3,386	3,409
Total liabilities	213,431	199,303
Commitments and contingencies (See Note 6)
Stockholders’ equity:
Preferred stock, $0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of March 28, 2026 and December 31, 2025	—	—
Common stock, $0.025 par value; 100,000 shares authorized; 64,401 shares issued and outstanding as of March 28, 2026, and 67,120 shares issued and outstanding as of December 31, 2025	1,610	1,678
Additional paid-in capital	1,098,541	1,230,191
Accumulated other comprehensive loss	(1,142)	(408)
Accumulated deficit	(361,032)	(372,242)
Total stockholders’ equity	737,977	859,219
	$951,408	$1,058,522

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.