Calix, RBB Bancorp Release Q1 2026 Earnings; Real Estate Exam Results Announced

Calix reported Q1 2026 revenue of $280 million on April 21, 2026, marking a 3% sequential increase and setting a company record. The company hosted an earnings call on the same day, during which executives outlined financial performance and future guidance. Calix provided revenue guidance for Q2 2026 between $287 million and $293 million, and expects annual revenue growth of 15% to 20% for 2026.

Calix completed the migration of all customers to its third-generation platform on Google Cloud by the end of March 2026, enabling expanded capabilities and AI-driven operations. Non-GAAP gross margin was 57.2%, declining 80 basis points sequentially due to dual cloud environment costs but increasing 100 basis points year-over-year.

Calix repurchased 3.3 million shares for $171 million in Q1 2026 and announced an additional $100 million authorization for share buybacks on April 21, 2026.

Calix anticipates reacceleration of remaining performance obligations in the second half of 2026, driven by momentum from its CalixOne platform. Calix welcomed 14 new customers in Q1 2026. Remaining performance obligations totaled $376 million, down 2% sequentially but up 11% year-over-year.

The vice president of investor relations at Calix hosted the earnings call.

The chief financial officer of Calix detailed the results, stating that the company generated $7 million in free cash flow and maintained a cash and investment balance of $243 million. Calix is hosting its first Investor Day in four years on April 22, 2026, to discuss strategy and long-term growth.

Separately, executives from RBB Bancorp participated in its Q1 2026 earnings call on April 21, 2026. In unrelated news, 1,863 out of 2,296 candidates passed the April 2026 Real Estate Brokers Licensure Examination, as announced by Philippine regulators via Rappler.