Calix, Inc balance sheet

At the end of fiscal 2025, Calix, Inc had total assets of $1.06bn, total liabilities of $199m and shareholders' equity of $859m. It held $143m in cash against $0 of debt: net cash of $143m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Calix, Inc: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	32	66	39	47	83	49	24	50	40	50	47	81	51	79	63	43	143	69
Receivables	—	43	47	60	44	31	47	51	81	67	47	69	85	94	126	79	99	136
Inventory	—	25	45	43	51	47	48	45	32	50	40	52	89	149	133	103	134	180
Total current assets	—	177	144	177	204	207	183	219	162	175	144	267	409	547	598	585	692	595
Goodwill	—	66	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116
Total assets	—	258	358	378	384	370	324	355	296	317	317	427	742	885	942	939	1,059	954
Accounts payable	—	10	14	17	23	24	20	24	36	40	11	13	29	41	35	20	42	93
Deferred revenue (current)	—	14	15	39	35	13	12	28	12	16	17	19	27	34	37	27	30	36
Total current liabilities	—	50	66	92	90	76	67	121	128	144	115	101	128	165	188	131	163	210
Total debt	0	0	0	0	0	0	0	0	—	30	30	0	0	0	0	0	0	0
Total liabilities	—	62	81	109	110	98	88	143	149	165	163	147	174	205	223	158	199	244
Shareholders' equity	−339	195	277	269	274	273	236	213	145	152	154	280	568	680	719	781	859	710
Net debt (negative = net cash)	−32	−66	−39	−47	−83	−49	−24	−50	−40	−20	−17	−81	−51	−79	−63	−43	−143	−69
Shares outstanding	—	—	48m	49m	50m	52m	50m	49m	52m	54m	56m	62m	64m	66m	65m	66m	67m	63m

US$ millions unless shown otherwise. Fiscal quarters.

Calix, Inc: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	85	79	76	63	87	99	117	136
Inventory	101	103	101	111	108	134	155	180
Total current assets	585	585	562	562	616	692	587	595
Goodwill	116	116	116	116	116	116	116	116
Total assets	938	939	917	921	976	1,059	951	954
Accounts payable	24	20	23	24	20	42	69	93
Deferred revenue (current)	30	27	29	26	24	30	31	36
Total current liabilities	130	131	123	124	123	163	178	210
Total liabilities	159	158	150	149	154	199	213	244
Shareholders' equity	779	781	767	773	823	859	738	710
Shares outstanding	66m	66m	66m	65m	66m	67m	64m	63m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

Head to head: ADTN vs CALX CALX vs EXTR CALX vs NTCT

More: Communications Equipment stocks compared, Technology sector, rankings of US companies

Figures from Calix, Inc's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Calix, Inc.