Company: CALX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001406666-25-000045
Chunk: 7

Company: CALIX, INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(In thousands, except per share data)

(Unaudited)

 Three Months EndedNine Months EndedSeptember 27,2025September 28,2024September 27,2025September 28,2024Revenue$265,437 $200,945 $727,561 $625,394 Cost of revenue113,427 90,898 316,548 285,167 Gross profit152,010 110,047 411,013 340,227 Operating expenses:Sales and marketing60,257 52,301 181,969 158,436 Research and development47,055 45,467 136,822 134,012 General and administrative27,293 23,175 80,507 72,063 Total operating expenses134,605 120,943 399,298 364,511 Operating income (loss)17,405 (10,896)11,715 (24,284)Interest income and other expense, net:Interest income, net3,264 3,282 9,510 8,877 Other expense, net(335)(178)(454)(599)Total interest income and other expense, net2,929 3,104 9,056 8,278 Income (loss) before income taxes20,334 (7,792)20,771 (16,006)Income taxes (benefit)4,676 (3,824)10,099 (4,183)Net income (loss)$15,658 $(3,968)$10,672 $(11,823)Net income (loss) per common share:Basic$0.24 $(0.06)$0.16 $(0.18)Diluted$0.22 $(0.06)$0.15 $(0.18)Weighted-average number of shares used to computenet income (loss) per common share:Basic65,753 66,078 65,771 65,700 Diluted69,789 66,078 68,973 65,700 Net income (loss)$15,658 $(3,968)$10,672 $(11,823)Other comprehensive income (loss), net of tax:Unrealized gain on available-for-sale marketable securities, net134