secwatch.observer — SEC 8-K summary
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Issuer:     CALIX, INC (CALX)
CIK:        0001406666
Form:       8-K
Filed at:   2025-07-21T23:59:59+00:00
Accession:  0001406666-25-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calix Q2 revenue $241.9M (+22% YoY); non-GAAP EPS $0.33 beats guidance; record gross margin 56.8%
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- Revenue $241.9M (+10% q/q, +22% y/y); non-GAAP EPS $0.33 vs guidance $0.18–$0.24.
- GAAP gross margin record 56.3%; non-GAAP gross margin 56.8% (record), up 60 bps q/q.
- RPO $346.6M (+30% y/y); added 19 platform, 22 Calix Cloud, 26 managed services customers.
- Record free cash flow $36M; cash & investments $299M; repurchased 1M shares for $33.6M.
- Q3 guidance: revenue $243M–$249M (midpoint +2% q/q), non-GAAP EPS $0.31–$0.37.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1406666/000140666625000034/0001406666-25-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1406666/000140666625000034/calx-20250721.htm
  HTML page:      https://secwatch.observer/filing/0001406666-25-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer