Calix's second quarter revenue grew 21% to $293.3 million, beating estimates on renewed software growth.

Calix reported record second quarter 2026 revenue of $293.3 million, up 21% year-over-year, and GAAP EPS of $0.26. The results were driven by strong demand and a return to growth in the software and services segment following the completion of a major platform migration.

Key Highlights

• Software and service revenue reached a record $50.5 million, growing 16% year-over-year and 7% sequentially.
• Remaining Performance Obligations (RPOs) grew 11% year-over-year to a record $386.4 million, indicating future revenue visibility.
• The company demonstrated increased operating leverage, with non-GAAP operating expenses declining to 42% of revenue from 45% in the prior quarter.