Calix, Inc. Announces Q2 2026 Financial Results

What Happened

• On July 20, 2026, Calix, Inc. (CALX) announced its financial results for the second quarter ended June 27, 2026 by issuing a press release and a stockholder letter. The filing (Form 8-K, Item 2.02) attaches Exhibit 99.1 (press release) and Exhibit 99.2 (stockholder letter).
• The stockholder letter includes a set of non‑GAAP measures — including non‑GAAP gross margin, non‑GAAP operating expenses, non‑GAAP sales & marketing, non‑GAAP R&D, non‑GAAP G&A, non‑GAAP effective tax rate, non‑GAAP net income and EPS, and non‑GAAP free cash flow — and a tabular reconciliation to the most comparable U.S. GAAP measures. The company says these non‑GAAP figures exclude non‑cash stock‑based compensation, intangible asset amortization and the impacts of changes in income taxes.

Key Details

• Filing date: July 20, 2026; quarter ended: June 27, 2026.
• Exhibits attached: 99.1 (press release) and 99.2 (stockholder letter with non‑GAAP reconciliations).
• Non‑GAAP adjustments noted: excludes stock‑based compensation, amortization of intangible assets, and tax‑related impacts.
• The company states the furnished information is not “filed” under Section 18 of the Exchange Act and is not incorporated by reference into other filings.

Why It Matters

• Investors should note Calix provided supplemental non‑GAAP metrics management uses to assess operating performance and set goals; the reconciliations allow comparison to GAAP results.
• Non‑GAAP measures can help clarify operating trends (margins, expenses, cash flow), but they may be calculated differently than peers’ measures and are not a substitute for GAAP results.
• The filing does not include further financial line‑item details in the 8‑K itself; interested investors should review the attached press release and stockholder letter (Exhibits 99.1 and 99.2) for the full figures and reconciliations.