Calix (CALX) Retained Earnings

: $-360 Mil (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Calix's retained earnings for the quarter that ended in Dec. 2023 was $-360 Mil.

Calix's quarterly retained earnings increased from Jun. 2023 ($-371 Mil) to Sep. 2023 ($-354 Mil) but then declined from Sep. 2023 ($-354 Mil) to Dec. 2023 ($-360 Mil).

Calix's annual retained earnings increased from Dec. 2021 ($-431 Mil) to Dec. 2022 ($-390 Mil) and increased from Dec. 2022 ($-390 Mil) to Dec. 2023 ($-360 Mil).

Calix Retained Earnings Historical Data

The historical data trend for Calix's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Calix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-702.58

-669.09

-430.71

-389.70

-360.38

Calix Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																-389.70	-380.11	-370.73	-353.78	-360.38

Calix Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Calix (NYSE:CALX) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Calix (CALX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Calix Inc (NYSE:CALX) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

CXA:Germany

Address

2777 Orchard Parkway, San Jose, CA, USA, 95134

Website

https://www.calix.com

Calix Inc develops, market and sell Calix cloud, systems and software platforms to enable service providers of all types and sizes to innovate and transform. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. This is the Calix mission to enable communications, and service providers of all sizes to simplify, excite and grow. The Company's revenue is principally derived in the United States.

Executives

Eleanor Fields	director	C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Rajatish Mukherjee	director	C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
John Matthew Collins	officer: EVP, Commercial Operations	C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Eleniak Shane Todd Marshall	officer: EVP, Products	C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Kira Makagon	director	C/O RINGCENTRAL, INC., 1400 FASHION ISLAND BLVD, 7TH FLOOR, SAN MATEO CA 94404
Michael Matthews	director	C/O CALIX, INC., 1035 N. MCDOWELL BLVD., PETALUMA CA 94954
Sindelar Cory	officer: interim CFO & PFO	C/O LEGATO SYSTEMS INC, 2350 W EL CAMINO REAL, MOUNTAIN VIEW CA 94040
Donald J Listwin	director	2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Christopher J Bowick	director	1400 LAKE HEARN DR, ATLANTA GA 30319
Kevin A Denuccio	director	300 HOLGER WAY, SAN JOSE CA 95134
J Daniel Plants	director	ONE EMBARCADERO CENTER, SUITE 1140, SAN FRANCISCO CA 94111
Sheila Cheung	officer: VP, Finance & Accounting	100 HEADQUARTERS DR, SAN JOSE CA 95134
Kathleen M Crusco	director	C/O CALIX, INC., 1035 N. MCDOWELL BLVD, PETALUMA CA 94954
William J Atkins	officer: Executive VP and CFO	591 SPRUCE STREET, SAN FRANCISCO CA 94118
Gregory A. Billings	officer: SVP, Services	1035 N MCDOWELL BLVD, PETALUMA X1 94954