Calix reports record Q4 revenue $272.4M (+32% YoY); non-GAAP EPS $0.39 beats guidance

CALIX, INC

2025-FY EPS reported $0.26 revenue$1,000,010,000

Record Q4 revenue $272.4M (+32% YoY); annual revenue reaches $1.0B (+20% YoY).
Non-GAAP gross margin record 58.0%; eighth consecutive quarter of margin improvement.
Non-GAAP net income $27.3M ($0.39 diluted EPS), above guidance range of $0.35-$0.41.
Record cash and investments $388.1M; record quarterly operating cash flow $46.0M.
Q1 2026 guidance: revenue $275M-$281M, non-GAAP EPS $0.34-$0.40, above Q4 actual.

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