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

33.34 0.09 +0.27%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 3 November 2026, Calix, Inc (CALX) trades at a price to free cash flow of 33.6×. Over the past ten years it has ranged from 0.0× (June 2020) to 362× (August 2020); the current reading is higher than 51% of that period. That is above the Software Infrastructure industry median of 17.3× and above the Technology sector median of 20.0×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 30.3× (33.68%)
FY2024 45.6× (39.58%)
FY2023 75.5× (77.69%)
FY2022 339× 209.95%
FY2021 109× 170.81%
FY2020 40.3× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 25.4× —

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 34.7× 25.00%
Jun 2026 27.8× (5.89%)
Mar 2026 29.5× (2.55%)
Dec 2025 30.3× (35.92%)
43 more quarters

Against its own ten years

Low 0.0× High 362×
Ten-year median 32.0×
Current reading's percentile 51

Price to free cash flow against peers

Company Price to free cash flow
PAGS PagSeguro Digital Ltd. compare 3.0×
EEFT Euronet Worldwide, Inc. compare 9.3×
RAMP LiveRamp Holdings, Inc. compare 11.7×
GCT GigaCloud Technology Inc. compare 12.7×
EVTC Evertec, Inc. compare 14.1×
FLYW Flywire Corporation compare 15.2×
MQ Marqeta, Inc. compare 17.6×
PAYO Payoneer Global Inc. compare 20.9×
CALX Calix, Inc 33.6×
Software Infrastructure industry median 17.3×
Technology sector median 20.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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