CALIX, INC SEC Filings

Calix Inc ownership filing: AllianceBernstein L.P. reports beneficial ownership of 3,251,128 shares of Calix common stock, representing 5.0% of the class as reported. The filing states these shares are held solely for investment purposes on behalf of client discretionary advisory accounts.

The filing lists voting and disposition authorities: sole voting power 2,856,340 shares, sole dispositive power 3,248,692 shares, and shared dispositive power 2,436 shares. The filing identifies AllianceBernstein as a Delaware entity and is signed by a compliance officer.

Calix, Inc. reported results of its annual stockholder meeting held on May 14, 2026. Stockholders elected three Class I directors—Kathleen Crusco, Carl Russo and Michael Weening—to serve until the 2029 annual meeting. They also approved increasing shares reserved under the stock purchase and matching plan by 672,300 shares.

Stockholders approved, on a non-binding advisory basis, the compensation of named executive officers and ratified KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026. They further approved, on an advisory basis, a stockholder proposal relating to a simple majority vote.

Calix Inc — Vanguard Portfolio Management reports beneficial ownership of 5,586,179 shares of Common Stock, representing 8.64% of the class. The filing states Vanguard has sole dispositive power over 5,586,179 shares and sole voting power for 52,425 shares. The Schedule 13G is signed by Ashley Grim on 04/29/2026.

CALIX, INC director and 10% owner Carl Russo reported indirect sales of company stock through affiliated entities. Entities associated with Russo sold a total of 25,000 shares of Calix common stock in open-market transactions on April 27, 2026, at weighted average prices of about $43.17 and $43.75 per share.

The filing attributes holdings to The Crescentico Trust, for which Russo serves as trustee, and to Equanimous Investments, whose managing members include Russo and Tim Pasquinelli. After these transactions, Russo’s direct ownership was reported at 3,953,070 shares, with additional indirect positions of 13,782 shares and separate indirect blocks of 1,644,188 and 1,648,279 shares held through these entities, with beneficial ownership of some interests disclaimed except for any pecuniary interest.

Calix (CALX) submitted a Rule 144 notice reflecting a proposed sale of 25,000 shares of Common Stock. The filing lists an associated dollar figure of $1,080,321.44 and identifies Crescentico Trust as having sold 25,000 shares on 02/03/2026 for $1,180,432.28. The securities are tied to stock options dated 01/30/2023.

Calix, Inc. reported strong growth for the quarter ended March 28, 2026, with total revenue of $279.984 million, up 27% from $220.242 million a year earlier. Appliance revenue rose 30% to $232.843 million, while software and service revenue grew 16% to $47.141 million.

Gross profit increased to $159.296 million and overall gross margin improved to 56.9%, driven mainly by higher appliance volume, partly offset by lower software and service margins during a cloud platform transition. The company generated net income of $11.210 million, reversing a prior-year net loss of $4.787 million, with diluted EPS of $0.16.

Calix ended the quarter with $243.3 million in cash, cash equivalents and marketable securities after repurchasing 3.3 million shares for $170.9 million. Remaining performance obligations were $376.3 million, with 42% expected to be recognized as revenue over the next 12 months.

Calix, Inc. reported strong first quarter 2026 results driven by its AI-native Calix One platform. Revenue reached $280.0 million, up 3% sequentially and 27% year-over-year, within prior guidance. GAAP diluted EPS was $0.16, while non-GAAP diluted EPS was $0.40.

GAAP gross margin was 56.9% and non-GAAP gross margin 57.2%, helped by growing platform adoption, partly offset by temporary dual cloud costs during migration to Calix One. Non-GAAP operating expenses were $126.9 million, reflecting continued investment in AI capabilities and platform innovation.

Calix generated non-GAAP free cash flow of about $6.5 million and ended the quarter with $243.3 million in cash and investments after repurchasing 3.3 million shares for $170.9 million. For the second quarter of 2026, the company guides revenue to $287–$293 million and non-GAAP EPS to $0.35–$0.45, and expects full-year 2026 revenue growth of 15–20%.

Calix, Inc. increased its common stock repurchase authorization by an additional $100 million, expanding the existing stock buyback program to a total of $525 million. As of March 28, 2026, the remaining authorized balance under the program was $63.4 million.

The board-approved program allows Calix to repurchase shares from time to time through methods such as open market purchases or privately negotiated transactions, subject to SEC rules and other legal requirements. The company is not obligated to repurchase a specific amount, and the program may be suspended or discontinued at any time.

Calix, Inc. director and ten percent owner Carl Russo reported a bona fide gift of 40,000 shares of Common Stock on April 8, 2026. The gift carried no stated price per share and was coded as a non-derivative G transaction. After the gift, he holds 3,953,070 shares directly. He also has indirect holdings of 13,782 shares through Equanimous Investments and 1,669,188 shares through The Crescentico Trust, where he may share voting and investment power but disclaims beneficial ownership except for his pecuniary interest.