Calix, Inc. (CALX) quarterly balance sheet — complete assets, liabilities & equity history
Calix, Inc. (CALX) balance sheet — 19-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 595.04M | 587.17M | 691.55M | 615.52M | 562.31M | 562M | 584.74M | 585.02M | 570.16M | 578.78M | 597.96M | 587.63M | 599.28M | 576.07M | 547.37M | 535.18M | 460.84M | 440.22M | 409.25M | 374.76M |
| Cash & Short-Term Investments | 194.3M | 243.29M | 388.1M | 339.62M | 298.97M | 282.31M | 297.09M | 287.58M | 261.22M | 239.48M | 220.35M | 250.09M | 264.13M | 257.05M | 241.72M | 234.71M | 224.88M | 213.13M | 204.34M | 188.71M |
| Cash Only | 68.91M | 54.6M | 143.09M | 95.01M | 76.54M | 42.3M | 43.16M | 62.36M | 84.49M | 88.42M | 63.41M | 135.68M | 90.19M | 94.19M | 79.07M | 75.17M | 51.52M | 44.37M | 51.33M | 60.22M |
| Short-Term Investments | 125.39M | 188.69M | 245.02M | 244.61M | 222.43M | 240.01M | 253.93M | 225.22M | 176.73M | 151.06M | 156.94M | 114.42M | 173.94M | 162.86M | 162.64M | 159.53M | 173.37M | 168.76M | 153M | 128.49M |
| Accounts Receivable | 136.4M | 116.77M | 99.37M | 87.47M | 63.08M | 75.51M | 79.32M | 85.27M | 82.06M | 100.31M | 126.03M | 80.66M | 96.98M | 92.21M | 93.8M | 100.53M | 86.13M | 87.95M | 85.22M | 91.93M |
| Days Sales Outstanding | 39.27 | 33.58 | 32.57 | 25.81 | 26.07 | 30.93 | 37.53 | 37.89 | 41.88 | 45 | 35.91 | 30.64 | 32.98 | 33.85 | 36.16 | 35.94 | 39.2 | 43.07 | 45.19 | 45.46 |
| Inventory | 180.48M | 154.63M | 133.74M | 107.98M | 110.52M | 100.83M | 102.73M | 100.61M | 113.48M | 119.78M | 132.99M | 150.03M | 153.39M | 156.51M | 149.16M | 141.12M | 98.32M | 105.02M | 88.88M | 75.17M |
| Days Inventory Outstanding | 114.47 | 103.94 | 99.71 | 87.65 | 91.08 | 91.83 | 103.03 | 107.17 | 117.23 | 109.65 | 85.94 | 111.98 | 113.22 | 114.04 | 110.41 | 92.51 | 90.83 | 95.74 | 86.66 | 83.76 |
| Other Current Assets | 83.86M | 72.49M | 70.34M | 56.11M | 46.27M | 44.89M | 42.98M | 44.76M | 113.39M | 43.08M | 118.6M | 40.95M | 84.78M | 70.3M | 62.69M | 58.83M | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 359.36M | 364.23M | 366.97M | 360.85M | 359.09M | 355.12M | 354.53M | 352.51M | 347.74M | 344M | 343.91M | 339.04M | 342.48M | 338.75M | 337.46M | 331.7M | 331.97M | 335.02M | 332.79M | 320.96M |
| Property, Plant & Equipment | 50.51M | 52.66M | 52.48M | 43.54M | 37.15M | 36.37M | 37.37M | 38.62M | 39.31M | 37.94M | 38.72M | 39.09M | 39.59M | 37.48M | 35.12M | 34.35M | 32.99M | 34.1M | 33.97M | 31.8M |
| Fixed Asset Turnover | 5.69x | 5.33x | 5.67x | 6.58x | 6.58x | 5.97x | 5.43x | 5.16x | 5.13x | 5.90x | 6.80x | 6.71x | 6.77x | 6.89x | 7.04x | 7.02x | 6.02x | 5.43x | 5.37x | 5.52x |
| Goodwill | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M | 116.17M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.57M | 6.23M | 6.88M | 7.54M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 30.91M | 30.68M | 32.68M | 32.42M | 26.95M | 23.57M | 23.39M | 19.94M | 19.21M | 19.67M | 21.32M | 13.07M | 20.39M | 17.18M | 19.14M | 17.44M | 9.31M | 9.83M | 6.8M | 3.47M |
| Total Assets | 954.4M | 951.41M | 1.06B | 976.37M | 921.41M | 917.12M | 939.27M | 937.52M | 917.9M | 922.79M | 941.87M | 926.66M | 941.77M | 914.83M | 884.84M | 866.88M | 792.81M | 775.25M | 742.03M | 695.72M |
| Asset Turnover | 0.31x | 0.28x | 0.27x | 0.28x | 0.26x | 0.24x | 0.22x | 0.22x | 0.22x | 0.24x | 0.28x | 0.28x | 0.28x | 0.28x | 0.28x | 0.28x | 0.26x | 0.24x | 0.25x | 0.29x |
| Asset Growth % | 3.58% | 3.74% | 12.7% | 4.14% | 0.38% | -0.61% | -0.28% | 1.17% | -2.53% | 0.87% | 6.45% | 6.9% | 18.79% | 18% | 19.24% | 24.6% | 56.12% | 65.6% | 73.63% | 80.55% |
| Total Current Liabilities | 210.26M | 178.48M | 163.25M | 122.64M | 123.64M | 122.82M | 131.14M | 129.91M | 133.14M | 146.08M | 187.64M | 139.16M | 162.45M | 160.71M | 165.42M | 180.51M | 131.24M | 141.58M | 128.14M | 117M |
| Accounts Payable | 92.74M | 69.12M | 41.52M | 20.14M | 23.75M | 23.47M | 20.23M | 24.32M | 11.7M | 19.03M | 34.75M | 22.13M | 35.36M | 35.38M | 41.41M | 66.25M | 22.95M | 37.55M | 29.06M | 31.34M |
| Days Payables Outstanding | 55.29 | 39.88 | 25.44 | 17.6 | 20.35 | 19.71 | 22.57 | 18.03 | 15.44 | 23.33 | 17.27 | 21.22 | 25.84 | 28.65 | 40.95 | 34.46 | 27.03 | 32.89 | 31.91 | 36.47 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.16M | 0 | 0 | 0 | 4.73M | 4.4M |
| Deferred Revenue (Current) | 36.47M | 33.64M | 30.39M | 27.08M | 29.09M | 32.69M | 31.63M | 29.51M | 32.3M | 42.49M | 36.67M | 34.94M | 41.81M | 44.5M | 33.54M | 33.69M | 38.63M | 39.24M | 32.22M | 28.57M |
| Other Current Liabilities | 81.05M | 33.24M | 91.34M | 30.41M | 32.81M | 23.07M | 36M | 47.83M | 53.12M | 22.63M | 75.34M | 53.42M | 55.29M | 59.89M | 51.5M | 60.46M | 20.31M | 15.98M | 18.43M | 9.86M |
| Current Ratio | 2.83x | 3.29x | 4.24x | 5.02x | 4.55x | 4.58x | 4.46x | 4.50x | 4.28x | 3.96x | 3.19x | 4.22x | 3.69x | 3.58x | 3.31x | 2.96x | 3.51x | 3.11x | 3.19x | 3.20x |
| Quick Ratio | 1.97x | 2.42x | 3.42x | 4.14x | 3.65x | 3.75x | 3.68x | 3.73x | 3.43x | 3.14x | 2.48x | 3.14x | 2.74x | 2.61x | 2.41x | 2.18x | 2.76x | 2.37x | 2.50x | 2.56x |
| Cash Conversion Cycle | 98.45 | 97.64 | 106.85 | 95.85 | 96.8 | 103.05 | 117.99 | 127.03 | 143.67 | 131.33 | 104.58 | 121.4 | 120.36 | 119.25 | 105.63 | 93.99 | 103.01 | 105.92 | 99.94 | 92.75 |
| Total Non-Current Liabilities | 34.13M | 34.95M | 36.05M | 31.22M | 25.09M | 27.13M | 27.18M | 28.93M | 30.53M | 34.02M | 35.24M | 36.56M | 37.55M | 36.28M | 39.85M | 38.63M | 44.44M | 41.86M | 45.47M | 43.09M |
| Long-Term Debt | 0 | 0 | 12.76M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 11.22M | 11.86M | 12.76M | 9.27M | 2.95M | 3.38M | 3.72M | 4.79M | 5.86M | 6.92M | 7.42M | 8.45M | 9.5M | 8.82M | 8.44M | 9.44M | 10.58M | 11.66M | 12.38M | 11.52M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.35M | 3.39M | -9.35M | 2.01M | 2.03M | 2.44M | 2.58M | 2.75M | 2.74M | 2.66M | 2.96M | 2.7M | 2.62M | 2.33M | 6.33M | 4.26M | 9.15M | 9.02M | 11.08M | 10.01M |
| Total Liabilities | 244.38M | 213.43M | 199.3M | 153.86M | 148.73M | 149.95M | 158.33M | 158.84M | 163.67M | 180.09M | 222.88M | 175.72M | 200M | 196.99M | 205.27M | 219.13M | 175.68M | 183.44M | 173.6M | 160.09M |
| Total Debt | 11.22M | 14.72M | 25.51M | 11.32M | 5.97M | 7.04M | 8.02M | 9.17M | 10.14M | 11.16M | 11.56M | 12.44M | 13.4M | 12.96M | 19.6M | 13.3M | 14.41M | 15.42M | 20.7M | 19.06M |
| Net Debt | -57.7M | -39.88M | -117.57M | -83.69M | -70.57M | -35.26M | -35.14M | -53.19M | -74.35M | -77.26M | -51.85M | -123.23M | -76.79M | -81.23M | -59.47M | -61.88M | -37.11M | -28.95M | -30.63M | -41.15M |
| Debt / Equity | 0.02x | 0.02x | 0.03x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.03x | 0.02x | 0.02x | 0.03x | 0.04x | 0.04x |
| Debt / EBITDA | 0.51x | 0.86x | 1.87x | 0.51x | 1.26x | - | - | - | - | 3.94x | - | 0.62x | 0.84x | 0.95x | 1.19x | 0.57x | 1.07x | 1.12x | 1.13x | 0.88x |
| Net Debt / EBITDA | -2.64x | -2.33x | -8.60x | -3.79x | -14.91x | - | - | - | - | -27.25x | - | -6.10x | -4.80x | -5.95x | -3.60x | -2.67x | -2.76x | -2.10x | -1.68x | -1.90x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 192.42x | 203.81x |
| Total Equity | 710.02M | 737.98M | 859.22M | 822.51M | 772.67M | 767.17M | 780.94M | 778.69M | 754.22M | 742.69M | 718.98M | 750.95M | 741.77M | 717.84M | 679.57M | 647.75M | 617.13M | 591.8M | 568.43M | 535.63M |
| Equity Growth % | -8.11% | -3.8% | 10.02% | 5.63% | 2.45% | 3.3% | 8.62% | 3.69% | 1.68% | 3.46% | 5.8% | 15.93% | 20.2% | 21.3% | 19.55% | 20.93% | 78.55% | 88.04% | 102.77% | 116.39% |
| Book Value per Share | 10.84 | 11.25 | 12.20 | 12.75 | 11.97 | 11.62 | 11.85 | 11.78 | 11.48 | 10.90 | 11.01 | 10.79 | 10.65 | 10.30 | 9.73 | 9.36 | 9.05 | 8.65 | 8.27 | 7.89 |
| Total Shareholders' Equity | 710.02M | 737.98M | 859.22M | 822.51M | 772.67M | 767.17M | 780.94M | 778.69M | 754.22M | 742.69M | 718.98M | 750.95M | 741.77M | 717.84M | 679.57M | 647.75M | 617.13M | 591.8M | 568.43M | 535.63M |
| Common Stock | 1.57M | 1.61M | 1.68M | 1.66M | 1.63M | 1.64M | 1.66M | 1.66M | 1.65M | 1.64M | 1.63M | 1.65M | 1.66M | 1.66M | 1.64M | 1.64M | 1.63M | 1.62M | 1.61M | 1.59M |
| Retained Earnings | -343.92M | -361.03M | -372.24M | -379.45M | -395.11M | -394.91M | -390.13M | -372.2M | -368.23M | -360.28M | -360.38M | -353.78M | -370.73M | -380.11M | -389.7M | -401.63M | -415.07M | -422.6M | -430.71M | -450.6M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.02M | -1.14M | -408K | -203K | -115K | -345K | -612K | 490K | -973K | -983K | -659K | -1.36M | -1.59M | -1.31M | -2.47M | -3.08M | -2.26M | -1.55M | -320K | -206K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |