Last 48 quarters of trend data · Technology · Software - Application
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 135.19 | 34.20 | 73.94 | 132.32 | 64.14 | — | — | — | — | — | 5526.67 | — | 47.75 | 95.98 | 95.70 | 100.63 | 80.45 | 79.45 | 87.13 | 68.94 | 4.82 |
| — | — | — | — | — | — | — | — | — | — | +5675.2% | — | -40.6% | +20.8% | +9.8% | +46.0% | +1569.4% | +104.7% | +192.6% | +242.8% | -64.6% | |
| P/S Ratio | 2.21 | 1.99 | 2.94 | 3.42 | 3.74 | 3.42 | 2.63 | 2.79 | 3.16 | 2.94 | 2.50 | 2.70 | 3.02 | 3.33 | 3.74 | 4.89 | 4.47 | 2.95 | 3.87 | 7.79 | 4.96 |
| — | -42.0% | +12.1% | +22.8% | +18.3% | +16.5% | +5.2% | +3.4% | +4.6% | -11.8% | -33.2% | -44.9% | -32.4% | +12.9% | -3.4% | -37.3% | -9.8% | -36.8% | +1.3% | +170.5% | +170.1% | |
| P/B Ratio | 2.88 | 3.28 | 4.47 | 4.34 | 4.83 | 4.28 | 3.02 | 2.94 | 3.26 | 3.09 | 3.04 | 3.97 | 4.25 | 4.69 | 5.20 | 7.03 | 6.53 | 3.86 | 4.83 | 9.67 | 6.38 |
| — | -23.4% | +48.2% | +47.5% | +48.0% | +38.9% | -0.8% | -25.9% | -23.2% | -34.2% | -41.6% | -43.6% | -34.9% | +21.4% | +7.7% | -27.3% | +2.4% | -57.6% | -38.5% | +38.4% | +42.8% | |
| P/FCF | 19.16 | 48.82 | 126.54 | 23.14 | 37.21 | 23.22 | 44.83 | 56.23 | 49.81 | 35.48 | 51.42 | 65.15 | 66.59 | 72.58 | 267.29 | 920.71 | 318.47 | 136.53 | 173.00 | 145.81 | 114.26 |
| — | +110.3% | +182.3% | -58.9% | -25.3% | -34.6% | -12.8% | -13.7% | -25.2% | -51.1% | -80.8% | -92.9% | -79.1% | -46.8% | +54.5% | +531.4% | +178.7% | +278.1% | +113.2% | +741.7% | +556.0% | |
| EV / EBITDA | 54.15 | 26.00 | 47.66 | 66.00 | 43.99 | 171.12 | — | — | — | — | 192.38 | — | 37.96 | 53.11 | 66.89 | 71.40 | 44.96 | 43.68 | 51.31 | 74.78 | 39.06 |
| — | -84.8% | — | — | — | — | — | — | — | — | +187.6% | — | -15.6% | +21.6% | +30.3% | -4.5% | +15.1% | +35.9% | +112.5% | +344.4% | +268.7% | |
| EV / EBIT | 99.84 | 26.00 | 53.48 | 67.37 | 47.82 | 236.33 | — | — | — | — | 1165.37 | — | 42.25 | 59.73 | 80.08 | 83.78 | 50.91 | 60.66 | 72.09 | 98.66 | 48.14 |
| — | -89.0% | — | — | — | — | — | — | — | — | +1355.3% | — | -17.0% | -1.5% | +11.1% | -15.1% | +5.7% | +62.2% | +149.6% | +264.3% | +281.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.8% | 54.6% | 56.9% | 57.7% | 57.3% | 56.3% | 55.7% | 55.0% | 54.8% | 54.3% | 54.2% | 42.8% | 53.3% | 52.3% | 51.2% | 51.1% | 50.2% | 49.6% | 49.6% | 51.7% | 52.0% |
| — | -3.1% | +2.1% | +5.0% | +4.6% | +3.8% | +2.9% | +28.6% | +2.8% | +3.9% | +5.7% | -16.2% | +6.2% | +5.4% | +3.2% | -1.2% | -3.4% | -6.7% | -6.7% | -1.2% | +2.9% | |
| Operating Margin | 2.1% | 7.4% | 4.5% | 3.4% | 6.6% | 0.2% | -2.8% | -9.1% | -5.4% | -5.7% | -0.9% | -4.6% | 6.0% | 4.5% | 4.0% | 5.3% | 8.5% | 4.8% | 5.3% | 8.3% | 10.4% |
| — | +4509.3% | +264.5% | +137.4% | +220.9% | +102.8% | -207.5% | -99.2% | -189.8% | -226.7% | -122.6% | -185.6% | -28.7% | -5.8% | -25.4% | -35.6% | -19.0% | -60.5% | -58.5% | -43.1% | -27.7% | |
| Net Margin | 1.8% | 5.8% | 4.0% | 2.6% | 5.9% | -0.1% | -2.2% | -8.7% | -2.0% | -4.0% | 0.0% | -2.5% | 6.4% | 3.6% | 3.8% | 4.9% | 5.7% | 3.7% | 4.4% | 11.3% | 103.0% |
| — | +7188.0% | +284.2% | +130.4% | +398.7% | +98.0% | -4876.9% | -248.8% | -130.7% | -211.8% | -98.8% | -151.1% | +13.0% | -3.5% | -12.5% | -56.7% | -94.5% | -69.3% | -65.5% | -20.5% | +654.9% |
| Metric | TTM | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.2% | 2.4% | 1.4% | 0.9% | 2.0% | -0.0% | -0.6% | -2.3% | -0.5% | -1.1% | 0.0% | -0.9% | 2.3% | 1.3% | 1.4% | 1.8% | 2.1% | 1.2% | 1.4% | 3.6% | 40.3% |
| — | +9260.5% | +327.0% | +137.3% | +479.2% | +97.6% | -4485.8% | -156.0% | -122.8% | -182.8% | -99.0% | -150.0% | +6.9% | +3.2% | -1.8% | -50.1% | -94.7% | -79.9% | -79.8% | -60.6% | +298.7% | |
| ROA | 1.8% | 1.8% | 1.1% | 0.7% | 1.7% | -0.0% | -0.5% | -1.9% | -0.4% | -0.9% | 0.0% | -0.7% | 1.8% | 1.0% | 1.1% | 1.4% | 1.6% | 1.0% | 1.1% | 2.8% | 29.5% |
| — | +8413.4% | +316.3% | +137.1% | +485.8% | +97.5% | -4788.2% | -170.4% | -123.6% | -185.6% | -99.0% | -151.9% | +12.0% | +5.3% | -0.3% | -50.8% | -94.5% | -77.1% | -76.8% | -53.4% | +407.2% | |
| ROIC | 2.1% | 2.4% | 1.3% | 0.9% | 1.8% | 0.0% | -0.6% | -1.9% | -1.2% | -1.3% | -0.2% | -1.4% | 1.8% | 1.4% | 1.2% | 1.6% | 2.6% | 1.3% | 1.3% | 2.1% | 3.4% |
| — | +5833.7% | +314.6% | +149.2% | +255.8% | +103.2% | -169.9% | -36.5% | -162.9% | -193.0% | -119.3% | -186.3% | -28.2% | +6.9% | -11.7% | -23.6% | -23.7% | -77.3% | -80.1% | -75.9% | -63.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.03 | 0.02 | 0.02 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.03 | 0.04 | 0.04 |
| — | +104.5% | +117.3% | +189.0% | +16.8% | -42.5% | -38.9% | -36.1% | -28.9% | -25.6% | -16.7% | -44.2% | -19.3% | -22.6% | -30.7% | -20.8% | -42.3% | -56.0% | -46.0% | -45.9% | -56.5% | |
| Debt / EBITDA | 0.66 | 0.51 | 0.86 | 1.87 | 0.51 | 1.26 | — | — | — | — | 3.94 | — | 0.62 | 0.84 | 0.95 | 1.19 | 0.57 | 1.07 | 1.12 | 1.13 | 0.88 |
| — | -59.3% | — | — | — | — | — | — | — | — | +315.0% | — | +7.4% | -22.0% | -15.1% | +4.7% | -35.0% | +41.5% | +83.1% | +69.2% | +9.1% | |
| Current Ratio | 4.24 | 2.83 | 3.29 | 4.24 | 5.02 | 4.55 | 4.58 | 4.46 | 4.50 | 4.28 | 3.96 | 3.19 | 4.22 | 3.69 | 3.58 | 3.31 | 2.96 | 3.51 | 3.11 | 3.19 | 3.20 |
| — | -37.8% | -28.1% | -5.0% | +11.4% | +6.2% | +15.5% | +39.9% | +6.6% | +16.1% | +10.5% | -3.7% | +42.4% | +5.1% | +15.3% | +3.6% | -7.4% | +17.7% | +9.8% | +20.9% | +32.0% | |
| Quick Ratio | 3.42 | 1.97 | 2.42 | 3.42 | 4.14 | 3.65 | 3.75 | 3.68 | 3.73 | 3.43 | 3.14 | 2.48 | 3.14 | 2.74 | 2.61 | 2.41 | 2.18 | 2.76 | 2.37 | 2.50 | 2.56 |
| — | -46.0% | -35.5% | -7.0% | +11.0% | +6.5% | +19.5% | +48.3% | +18.6% | +25.0% | +20.4% | +2.9% | +44.0% | -0.6% | +10.3% | -3.7% | -14.7% | +18.7% | +9.0% | +17.7% | +29.5% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 192.42 | 203.81 |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying CALX stock.
Calix, Inc.'s current P/E is 135.2x. The average P/E over the last 4 quarters is 76.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Calix, Inc.'s current operating margin is 2.1%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Calix, Inc.'s business trajectory between earnings reports.