Calix, Inc

CALX Technology Software Infrastructure

Calix, Inc’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 20.3% from fiscal 2024.

Revenue
+13.7%
EPS
−33.3%
Free cash flow
−87.2%

Quarter to September 2026, against a year earlier

33.45 0.20 +0.60%
Market cap
$2.1B
P/E
46.9×
Fwd P/E
41.4×
Dividend yield
—
F-score
7/9
Altman Z
11.64
Beneish M
−2.84
Dividend safety
n/a

Calix, Inc (CALX) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Calix, Inc (CALX) trades at a EV/EBITDA of 24.9×. Over the past ten years it has ranged from 0.0× (September 2025) to 776× (August 2020); the current reading is higher than 42% of that period. That is above the Software Infrastructure industry median of 15.0× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 81.4× —
FY2024 0.0× —
FY2023 64.5× 1.77%
FY2022 63.4× 15.08%
FY2021 55.1× 66.95%
FY2020 33.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 25.7× (8.39%)
Jun 2026 28.1× (46.46%)
Mar 2026 52.4× (35.64%)
Dec 2025 81.4× (76.00%)
43 more quarters

Against its own ten years

Low 0.0× High 776×
Ten-year median 29.9×
Current reading's percentile 42

EV/EBITDA against peers

Company EV/EBITDA
PAGS PagSeguro Digital Ltd. compare 1.1×
EEFT Euronet Worldwide, Inc. compare 4.2×
EVTC Evertec, Inc. compare 8.7×
GCT GigaCloud Technology Inc. compare 9.0×
PAYO Payoneer Global Inc. compare 11.1×
RAMP LiveRamp Holdings, Inc. compare 19.9×
CALX Calix, Inc 24.9×
MQ Marqeta, Inc. compare 27.7×
FLYW Flywire Corporation compare 29.1×
Software Infrastructure industry median 15.0×
Technology sector median 15.3×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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