Short answer
CALIX, INC (CALX) filed its Q2 2026 10-Q quarterly report on Jul 21, 2026 for the quarter ended Jun 27, 2026. Quarterly revenue was $293M (up 21.3% year over year) with net income of $17M.
Q2 2026 key financials · XBRL
- Revenue
- $293M
- +21.3% YoY · +4.8% QoQ
- Net income
- $17M
- +8698.5% YoY · +52.6% QoQ
- Operating margin
- 7.4%
- Gross margin
- 54.6%
- EPS (diluted)
- $0.26
- +2700.0% YoY · +62.5% QoQ
Source: XBRL data from the CALIX, INC (CALX) Q2 2026 10-Q on SEC EDGAR. USD.
CALIX, INC Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $293.3M, up 21% YoY from $241.9M, led by Appliance revenue $242.8M, up 23%
- Overall gross margin 54.6% vs 56.3% YoY, pressured by increased component memory costs
- Software and service highest-margin segment at 63.0% vs 65.0% YoY; Appliance margin 52.8% vs 54.4%
- Cash, equivalents and marketable securities $194.3M; operating cash flow $31.1M vs $56.6M YoY
- Share repurchases $240.2M for 5.0M shares; memory shortages, tariffs and dynamic trade policies remained headwinds
Risk Factors
- New AI risk: agentic AI offerings remain early-stage, with uncertain market acceptance and rapidly evolving regulation
- Supply-chain risk: memory prices elevated by manufacturing capacity reallocation toward global AI infrastructure
- Regulatory risk: California and other states’ AI laws create a fragmented U.S. compliance framework
- Operational risk: sole-source Asian suppliers heighten exposure to shortages, tariffs, and extended component lead times
- Financial risk: nonrecurring revenue and customers’ ability to cancel orders increase revenue and cash-flow volatility
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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