Filing Flows › Calix (CALX) › How it makes money
How Calix (CALX) makes money
Calix (CALX) made $302M of revenue in the third quarter 2026 (Q3 2026), +14% from a year earlier. Appliance brought in $250M (83%); Software and service brought in $51.9M (17%). Of every dollar of revenue, 53¢ was left as gross profit, 5¢ was left as operating profit, 3¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Appliance | $250M | 82.8% | +3% | +13% |
| Software and service | $51.9M | 17.2% | +3% | +19% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $302M | 100.0% |
| Cost of revenue | $141M | 46.7% |
| Gross profit | $161M | 53.3% |
| Operating expenses | $144M | 47.8% |
| Operating profit | $16.6M | 5.5% |
| Income tax | $7.8M | 2.6% |
| Net earnings | $10.2M | 3.4% |
| Operating cash flow | $6.3M | 2.1% |
| Free cash flow | $3.4M | 1.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $302M | +14% |
| Q2 2026 | $293M | +21% |
| Q1 2026 | $280M | +27% |
| Q4 2025 | $272M | +32% |
| Q3 2025 | $265M | +32% |
| Q2 2025 | $242M | +22% |
| Q1 2025 | $220M | -3% |
From Calix's 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does Calix make money?
Calix (CALX) made $302M of revenue in the third quarter 2026 (Q3 2026), +14% from a year earlier. Appliance brought in $250M (83%); Software and service brought in $51.9M (17%). Of every dollar of revenue, 53¢ was left as gross profit, 5¢ was left as operating profit, 3¢ was left as net earnings.
What is Calix's biggest business?
Appliance: $250M in the third quarter 2026, 83% of revenue, +13% from a year earlier.
What is Calix's profit margin?
Net earnings were $10.2M, 3.4% of revenue, in the third quarter 2026; the operating margin was 5.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.