Calix Inc. has released its financial results for the year-to-date ending on June 28, 2025. The company reported revenue of $462.1 million, consistent with the same period in the previous year. On a GAAP basis, Calix reported a net loss of $5 million, while the non-GAAP net income was $35.4 million. This indicates a noteworthy improvement in profitability when accounting for non-GAAP adjustments. The gross margin percentage was reported to be in the range of 56.0% to 56.5%. Total operating expenses on a GAAP basis amounted to $264.7 million, compared to $220.9 million on a non-GAAP basis. In the cash flow statement, Calix noted net cash provided by operating activities, while investing activities saw net cash used primarily for purchases of property and equipment. The company engaged in stock repurchase activities under its financing operations. No specific outlook or guidance for future periods was provided in the document.
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