MetaCap

Calix (CALX) vs Paymentus (PAY)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Paymentus (PAY) has outperformed Calix (CALX) over the past year, losing 0.1% versus a loss of 39.8%. Over five years, PAY leads with a +32.8% price change compared with -37.1% for CALX. Paymentus is the larger company by market cap ($4.02 billion vs $2.27 billion), about 1.8 times the size.

On valuation, Calix trades at a lower forward P/E (15.7x vs 29.3x for Paymentus). Paymentus converts more of its revenue into profit, with a net margin of 5.6% versus 1.8%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CALX-39.82%PAY-0.09%
+44%-3%-49%
Oct 8, 20251 yearOct 8, 2026
CALX-35.56%PAY+36.18%
+86%+5%-77%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CALX versus PAY key metrics
MetricCALXPAY
Share price$36.08$31.92
Market cap$2.27B$4.02B
1-day change+1.52%+1.92%
YTD return-31.83%+1.04%
1-year return-39.82%-0.09%
5-year return-37.11%+32.78%
P/E ratio (TTM)48.1148.36
Forward P/E15.6729.26
EPS (TTM)$0.75$0.66
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$1.00B$1.20B
Revenue growth (YoY)+20.26%+37.25%
Net income (latest FY)$17.88M$66.94M
Gross margin56.83%24.77%
Operating margin2.10%6.31%
Net margin1.79%5.59%
52-week high$71.22$45.31
52-week low$32.35$20.11
Distance from 52-week high-49.34%-29.55%
Analyst consensusnonebuy
Avg. price target upside+72.75%+25.75%
Average volume1.12M1.16M
Shares outstanding62.96M63.11M
Employees1,9211,340
SectorConsumer DiscretionaryConsumer Discretionary
IndustryTelecommunications EquipmentBusiness Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • PAY has outperformed CALX by 39.7 percentage points over the past year.
  • Paymentus grew revenue faster in its latest fiscal year (+37.25% vs +20.26%).

About Calix

CALX stock →

Calix, Inc., together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services.

Consumer Discretionary · Telecommunications Equipment · 1,921 employees

About Paymentus

PAY stock →

Paymentus Holdings, Inc. provides cloud-based bill payment technology and solutions in the United States and internationally.

Consumer Discretionary · Business Services · 1,340 employees

CALX vs PAY FAQ

Which is bigger, Calix or Paymentus?

Paymentus (PAY) is larger, with a market capitalization of $4.02B compared with $2.27B for Calix (CALX).

Which stock has performed better over the past year, CALX or PAY?

PAY returned -0.09% over the past 12 months, compared with -39.82% for CALX (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, CALX or PAY?

CALX has the lower trailing P/E at 48.1, versus 48.4 for PAY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Are Calix and Paymentus in the same industry?

Both are in the Consumer Discretionary sector, but in different industries: Telecommunications Equipment for Calix and Business Services for Paymentus.

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