CALIX, INC (CALX) FY2025 10-K Annual Report

Filed: Feb 20, 2026
Communication Services
Communications Services, NECSEC EDGAR

CALIX, INC (CALX) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 20, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

CALIX, INC FY2025 10-K Analysis

Business Overview

  • Core business: AI-powered platform, cloud, and managed services enabling communication service providers (CXPs) to transform and grow subscriber experiences
  • New emphasis on agentic AI with Calix Agent Workforce integrating marketing, operations, support, and subscriber self-service roles
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Management Discussion & Analysis

  • No revenue or profitability data disclosed in provided text
  • $148.7M common stock repurchased in 2026 year-to-date, $109.3M stock repurchase authorization available as of Dec 31, 2025
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Risk Factors

  • Regulatory/legal risk: AI and Cybersecurity Committee oversight newly expanded in 2025 to include AI risk management under Board governance
  • Operational risk: Key-person dependency on Chief Operating Officer and Chief Product Officer for managing cybersecurity and AI risks
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CALIX, INC FY2025 Key Financial Metrics
XBRL

Revenue

$1.0B

+20.3% YoY

Net Income

$18M

+160.1% YoY

Gross Margin

56.8%

+228bp YoY

Operating Margin

2.1%

+727bp YoY

Net Margin

1.8%

+537bp YoY

ROE

2.1%

+589bp YoY

Total Assets

$1.1B

+12.7% YoY

EPS (Diluted)

$0.26

+157.8% YoY

Operating Cash Flow

$135M

+97.3% YoY

Source: XBRL data from CALIX, INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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