Calix Inc 2026年季度报告

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended March28, 2026OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromtoCommission File Number: 001-34674 Calix, Inc. (Exact Name of Registrant as Specified in Its Charter) 3155 Olsen Drive, Suite 450, San Jose, CA 95117(Address of Principal Executive Offices) (Zip Code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filingrequirements for the past 90 days.Yes:No: Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes:No: Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule12b-2 of the Exchange Act. Accelerated Filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the ExchangeAct).Yes:☐No:As of April13, 2026, there were 63,782,299 shares of the Registrant’s common stock, par value $0.025, outstanding. CALIX, INC.FORM 10-QTABLE OF CONTENTS PART I.FINANCIAL INFORMATION4Item1. Financial Statements (Unaudited)4Condensed Consolidated Balance Sheets4Condensed Consolidated Statements of Comprehensive Income (Loss)5Condensed Consolidated Statements of Stockholders’ Equity6Condensed Consolidated Statements of Cash Flows7Notes to Condensed Consolidated Financial Statements8Item2. Management’s Discussion and Analysis of Financial Condition and Results of Operations18Overview18Critical Accounting Policies and Estimates19Results of Operations20Liquidity and Capital Resources22Item3. Quantitative and Qualitative Disclosures About Market Risk24Item4. Controls and Procedures25PART II.OTHER INFORMATION26Item1. Legal Proceedings26Item1A. Risk Factors26Item2. Unregistered Sales of Equity Securities and Use of Proceeds44Item3. Defaults Upon Senior Securities45Item4. Mine Safety Disclosures45Item5. Other Information45Item6. Exhibits46SIGNATURES47 PART I. FINANCIAL INFORMATION CALIX, INC. CALIX, INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY(In thousands, unaudited) See accompanying notes to condensed consolidated financial statements. CALIX, INC. CALIX, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1. Company and Basis of Presentation Company Calix, Inc. (together with its subsidiaries, “Calix,” “we,” “us,” or “our”) was incorporated in August 1999 and is a Delaware corporation. Wedevelop, market and sell platform, cloud and managed services, which are powered by agentic AI, that enable communications serviceproviders (“CSPs”) of all types and sizes to innovate and transform their businesses to focus on delivering an outstanding subscriberexperience and become Communication Experience Providers (“CXPs”). The platform combines the Calix Agent Workforce™ withintelligent appliances, software, cloud and fully integrated SmartLife™ managed services to enable simplified business models that acquire,retain and grow subscribers and revenue. Calix Customer Success guides service providers through every stage of their transformationjourney with expertise across technology, business and market insights. Our partner community extends innovation so customers can growtheir businesses across markets at scale. With deep broadband expertise and an end-to-end approach from the datacenters’ access edge toevery residential, business and municipal subscriber location, Calix enables any service provider to simplify operations, engagement, andservice; innovate for their subscribers; and grow value for members, investors, and the communities they serve. This focus on subscriberexperience allows CXPs to expand their brand through increased subscriber acquisition, loyalty and revenue while reducing their operatingcosts. Basis of Presentation The accompanying unaudited condensed consolidated financial statements, including the accounts of Calix, Inc. and its wholly-ownedsubsidiaries, have b