Calix, Inc
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $510.4M | $458.8M | $407.5M | $401.2M | $382.6M | $330.2M | $344.7M | $287.0M |
| Cost of Revenue | $337.5M | $257.6M | $217.0M | $223.4M | $211.5M | $192.6M | $225.2M | $174.3M |
| Gross Profit | $172.9M | $201.2M | $190.4M | $177.8M | $171.1M | $137.6M | $119.5M | $112.7M |
| Gross Margin | 33.9% | 43.9% | 46.7% | 44.3% | 44.7% | 41.7% | 34.7% | 39.3% |
| Operating Expenses | ||||||||
| Research & Development | $127.5M | $106.9M | $89.7M | $80.3M | $79.3M | $66.7M | $67.7M | $55.4M |
| SG&A Expense | $39.9M | $41.6M | $38.5M | $31.4M | $31.9M | $26.1M | $27.0M | $28.0M |
| Operating Income | $-81.6M | $-28.1M | $-26.5M | $-20.4M | $-18.5M | $-29.0M | $-52.3M | $-17.5M |
| Operating Margin | -16.0% | -6.1% | -6.5% | -5.1% | -4.8% | -8.8% | -15.2% | -6.1% |
| Interest Expense | — | $585.0K | $1.1M | $806.0K | $167.0K | $185.0K | $184.0K | $1.2M |
| Pretax Income | $-81.8M | $-27.1M | $-25.8M | $-20.2M | $-17.3M | $-28.2M | $-52.3M | $-18.5M |
| Income Tax Expense | $1.2M | $347.0K | $535.0K | $581.0K | $-14.0K | $158.0K | $224.0K | $81.0K |
| Net Income | $-83.0M | $-27.4M | $-26.3M | $-20.8M | $-17.3M | $-28.3M | $-52.6M | $-19.5M |
| Net Margin | -16.3% | -6.0% | -6.5% | -5.2% | -4.5% | -8.6% | -15.2% | -6.8% |
| EPS (Basic) | $-1.66 | $-0.56 | $-0.51 | $-0.41 | $-0.35 | $-0.59 | $-1.15 | $-0.65 |
| EPS (Diluted) | $-1.66 | $-0.56 | $-0.51 | $-0.41 | $-0.35 | $-0.59 | $-1.15 | $-0.65 |
| Shares Outstanding (Basic) | 51.5M | 49.4M | 49.5M | 51.6M | 50.2M | 48.9M | 47.8M | 38.7M |
| Shares Outstanding (Diluted) | 51.5M | 49.4M | 49.5M | 51.6M | 50.2M | 48.9M | 47.8M | 38.7M |
| Dividends Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |