Calix, Inc.

NYSE:CALX Stock Report

Market Cap: US$3.9b

Calix Management

Management criteria checks 3/4

Calix's CEO is Michael Weening, appointed in Jan 2021, has a tenure of 4.75 years. total yearly compensation is $8.27M, comprised of 6.8% salary and 93.2% bonuses, including company stock and options. directly owns 0.025% of the company’s shares, worth $966.22K. The average tenure of the management team and the board of directors is 3.9 years and 8.1 years respectively.

Key information

Michael Weening

Chief executive officer

US$8.3m

Total compensation

CEO salary percentage6.78%
CEO tenure4.8yrs
CEO ownership0.02%
Management average tenure3.9yrs
Board average tenure8.1yrs

Recent management updates

Recent updates

Calix: I Still See More Upside

Jul 23

Is It Too Late To Consider Buying Calix, Inc. (NYSE:CALX)?

Jun 24
Is It Too Late To Consider Buying Calix, Inc. (NYSE:CALX)?

Optimistic Investors Push Calix, Inc. (NYSE:CALX) Shares Up 33% But Growth Is Lacking

May 04
Optimistic Investors Push Calix, Inc. (NYSE:CALX) Shares Up 33% But Growth Is Lacking

Q1 Reinforced My Bullish View On Calix's Platform Evolution

Apr 23

An Intrinsic Calculation For Calix, Inc. (NYSE:CALX) Suggests It's 44% Undervalued

Apr 03
An Intrinsic Calculation For Calix, Inc. (NYSE:CALX) Suggests It's 44% Undervalued

Calix, Inc.'s (NYSE:CALX) Share Price Not Quite Adding Up

Feb 27
Calix, Inc.'s (NYSE:CALX) Share Price Not Quite Adding Up

Calix: Steady Growth, Slow Momentum - A Hold For Me

Feb 01

Calix, Inc.'s (NYSE:CALX) Intrinsic Value Is Potentially 43% Above Its Share Price

Dec 13
Calix, Inc.'s (NYSE:CALX) Intrinsic Value Is Potentially 43% Above Its Share Price

Risks Still Elevated At These Prices As Calix, Inc. (NYSE:CALX) Shares Dive 25%

Nov 16
Risks Still Elevated At These Prices As Calix, Inc. (NYSE:CALX) Shares Dive 25%
User avatar

Expanding Broadband Services And Cloud Management Fuel Optimism For Future Profits

Expanding market share via new Broadband Service Provider customers and largest platform cloud deal, suggesting increased revenue potential and demand for offerings.

Calix: A Disruptor In A Mature Industry

Jul 03

At US$34.85, Is It Time To Put Calix, Inc. (NYSE:CALX) On Your Watch List?

Jul 02
At US$34.85, Is It Time To Put Calix, Inc. (NYSE:CALX) On Your Watch List?

Is Calix, Inc. (NYSE:CALX) Trading At A 24% Discount?

Jun 12
Is Calix, Inc. (NYSE:CALX) Trading At A 24% Discount?

The Calix, Inc. (NYSE:CALX) Analysts Have Been Trimming Their Sales Forecasts

May 01
The Calix, Inc. (NYSE:CALX) Analysts Have Been Trimming Their Sales Forecasts

Calix: Sell On Weak Outlook Amid Persistent Business Headwinds

Apr 23

Why Investors Shouldn't Be Surprised By Calix, Inc.'s (NYSE:CALX) P/E

Apr 19
Why Investors Shouldn't Be Surprised By Calix, Inc.'s (NYSE:CALX) P/E

We Like These Underlying Return On Capital Trends At Calix (NYSE:CALX)

Mar 15
We Like These Underlying Return On Capital Trends At Calix (NYSE:CALX)

Things Look Grim For Calix, Inc. (NYSE:CALX) After Today's Downgrade

Feb 01
Things Look Grim For Calix, Inc. (NYSE:CALX) After Today's Downgrade

Calix Stock Plunges On Soft Guidance, But Don't Get Excited Just Yet

Jan 31

Estimating The Fair Value Of Calix, Inc. (NYSE:CALX)

Jan 14
Estimating The Fair Value Of Calix, Inc. (NYSE:CALX)

Calix, Inc.'s (NYSE:CALX) Business Is Trailing The Market But Its Shares Aren't

Dec 31
Calix, Inc.'s (NYSE:CALX) Business Is Trailing The Market But Its Shares Aren't

At US$39.58, Is Calix, Inc. (NYSE:CALX) Worth Looking At Closely?

Dec 03
At US$39.58, Is Calix, Inc. (NYSE:CALX) Worth Looking At Closely?

Calix: Pullback For The Stock Is In, Time To Buy Again

Nov 28

CEO Compensation Analysis

How has Michael Weening's remuneration changed compared to Calix's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 28 2025n/an/a

-US$27m

Mar 29 2025n/an/a

-US$35m

Dec 31 2024US$8mUS$560k

-US$30m

Sep 28 2024n/an/a

-US$18m

Jun 29 2024n/an/a

US$2m

Mar 30 2024n/an/a

US$20m

Dec 31 2023US$7mUS$560k

US$29m

Sep 30 2023n/an/a

US$48m

Jul 01 2023n/an/a

US$44m

Apr 01 2023n/an/a

US$42m

Dec 31 2022US$22mUS$515k

US$41m

Oct 01 2022n/an/a

US$49m

Jul 02 2022n/an/a

US$213m

Apr 02 2022n/an/a

US$226m

Dec 31 2021US$8mUS$483k

US$238m

Oct 02 2021n/an/a

US$243m

Jul 03 2021n/an/a

US$86m

Apr 03 2021n/an/a

US$61m

Dec 31 2020US$6mUS$352k

US$33m

Sep 26 2020n/an/a

US$10m

Jun 27 2020n/an/a

-US$14m

Mar 28 2020n/an/a

-US$15m

Dec 31 2019US$4mUS$352k

-US$18m

Sep 28 2019n/an/a

-US$24m

Jun 29 2019n/an/a

-US$20m

Mar 30 2019n/an/a

-US$17m

Dec 31 2018US$1mUS$336k

-US$19m

Compensation vs Market: Michael's total compensation ($USD8.27M) is about average for companies of similar size in the US market ($USD7.10M).

Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.


CEO

Michael Weening (56 yo)

4.8yrs
Tenure
US$8,265,659
Compensation

Mr. Michael Weening is the Chief Executive Officer of Calix, Inc., since October 2022 and has been its Director since May 11, 2023. He served as Chief Operating Officer of Calix, Inc. since August 2020 unt...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Weening
CEO, President & Director4.8yrsUS$8.27m0.025%
$ 966.2k
Cory Sindelar
Chief Financial Officer8yrsUS$6.59m0.12%
$ 4.6m
Shane Eleniak
Chief Product Officer7.8yrsUS$6.46m0%
$ 0
Nancy Fazioli
Vice President of Investor Relationsno datano datano data
Douglas McNitt
Executive VP3.4yrsno datano data
Amritesh Chaudhuri
Executive VP & Chief Marketing Officerless than a yearno datano data
Mark Dressler
Chief Revenue Officerno datano datano data
Martha Galley
Chief Sustainability Officer1.6yrsno datano data
Parul Kapoor
Chief Talent & Culture Officer4.3yrsno datano data
John Durocher
Chief Customer Officer2.6yrsno datano data
3.9yrs
Average Tenure
56.5yo
Average Age

Experienced Management: CALX's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Weening
CEO, President & Director2.4yrsUS$8.27m0.025%
$ 966.2k
Wade Oosterman
Independent Director1.2yrsUS$148.83k0.011%
$ 431.0k
Christopher Bowick
Independent Director11.3yrsUS$257.75k0.10%
$ 4.0m
Carl Russo
Chairman of the Board25.8yrsUS$307.75k8.98%
$ 351.7m
Kira Makagon
Independent Director8.3yrsUS$247.75k0.060%
$ 2.3m
Kathleen Crusco
Independent Director8.1yrsUS$272.75k0.091%
$ 3.6m
Michael Berry
Independent Directorless than a yearno data0.0072%
$ 281.1k
Kevin Peters
Lead Independent Director11yrsUS$263.96k0.20%
$ 7.8m
Rajatish Mukherjee
Independent Director3.2yrsUS$247.75k0.0072%
$ 281.1k
8.1yrs
Average Tenure
62yo
Average Age

Experienced Board: CALX's board of directors are considered experienced (8.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/09 21:36
End of Day Share Price 2025/10/09 00:00
Earnings2025/06/28
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Calix, Inc. is covered by 24 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Blair KingAvondale Partners
Ishan MajumdarBaptista Research
Amir RozwadowskiBarclays