Financials · CIEN

Ciena Corporation (CIEN) financials

For the twelve months ended Aug 1, 2026, Ciena Corporation reported $6.02B of revenue and $654.41M of net income.

Revenue, TTM
$6.02B
Revenue growth, YoY
+32.6%
Net income, TTM
$654.41M
Net income growth, YoY
+364.5%
Net margin
10.9%
Free cash flow, TTM
$814.36M
EPS, diluted, TTM
$4.48
EPS growth, YoY
+357.1%
Cash
$2.45B
Total debt
$3.23B
P/E
50.02
P/S
5.44
Market cap
$32.73B
Annual revenue$4.77B
FY2016FY2025
Annual net income$123.34M
FY2016FY2025
Annual free cash flow$665.29M
FY2016FY2025

CIEN revenue and earnings growth

CIEN revenueQ3 2026$1.67B

Quarter YoY
+37.0%
QoQ
+6.4%
FY YoY
+18.8%
5Y CAGR
+6.2%
10Y CAGR
+6.9%

CIEN revenue was $1.67B in fiscal Q3 2026 (ended Aug 1, 2026), up 37.0% from a year earlier and up 6.4% from the prior quarter. For the full fiscal 2025 it was $4.77B, up 18.8% from fiscal 2024. Compound annual growth was +6.2% over 5 years and +6.9% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

CIEN net incomeQ3 2026$266.42M

Quarter YoY
+429.6%
QoQ
+22.1%
FY YoY
+46.9%
5Y CAGR
-19.3%
10Y CAGR
+26.6%

CIEN net income was $266.42M in fiscal Q3 2026 (ended Aug 1, 2026), up 429.6% from a year earlier and up 22.1% from the prior quarter. For the full fiscal 2025 it was $123.34M, up 46.9% from fiscal 2024. Compound annual growth was -19.3% over 5 years and +26.6% over 10 years. It rose in 4 of the last 6 fiscal years.

CIEN EPSQ3 2026$1.83

Quarter YoY
+422.9%
QoQ
+22.8%
FY YoY
+46.6%
5Y CAGR
-18.2%
10Y CAGR
+23.9%

CIEN diluted EPS was $1.83 in fiscal Q3 2026 (ended Aug 1, 2026), up 422.9% from a year earlier and up 22.8% from the prior quarter. For the full fiscal 2025 it was $0.85, up 46.6% from fiscal 2024. Compound annual growth was -18.2% over 5 years and +23.9% over 10 years.

CIEN free cash flowQ3 2026$116.30M

Quarter YoY
-13.6%
QoQ
-46.8%
FY YoY
+76.1%
5Y CAGR
+10.1%
10Y CAGR
+12.8%

CIEN free cash flow was $116.30M in fiscal Q3 2026 (ended Aug 1, 2026), down 13.6% from a year earlier and down 46.8% from the prior quarter. For the full fiscal 2025 it was $665.29M, up 76.1% from fiscal 2024. Compound annual growth was +10.1% over 5 years and +12.8% over 10 years. Fiscal 2025 is the highest of the 15 fiscal years on file.

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Income statement

Income statement
Line item
Nov 1, 2025
Nov 2, 2024
Oct 28, 2023
Oct 29, 2022
Oct 30, 2021
Oct 31, 2020
Nov 2, 2019
Nov 3, 2018
Oct 31, 2017
Oct 31, 2016
Revenue$4.77B$4.01B$4.39B$3.63B$3.62B$3.53B$3.57B$3.09B$2.80B$2.60B
Cost of revenue$2.76B$2.30B$2.51B$2.07B$1.90B$1.88B$2.03B$1.78B$1.56B$1.44B
Gross profit$2.00B$1.72B$1.88B$1.56B$1.72B$1.65B$1.54B$1.31B$1.25B$1.16B
Research and development$848.33M$767.50M$750.56M$624.66M$536.67M$529.89M$548.14M$491.56M$475.33M$451.79M
Selling, general and admin$238.71M$220.65M$215.28M$179.38M$181.87M$169.55M$174.40M$160.13M$142.60M$132.83M
Operating income$197.53M$166.62M$357.55M$222.81M$495.36M$486.96M$346.77M$229.95M$214.72M$156.17M
Interest expense$89.40M$97.03M$88.03M$47.05M$30.84M$31.32M$37.45M$55.25M$55.85M$56.66M
Pre-tax income$156.29M$119.85M$323.65M$182.50M$462.75M$455.96M$313.19M$148.78M$156.13M$86.72M
Income tax$32.95M$35.89M$68.83M$29.60M-$37.45M$94.67M$59.76M$493.47M-$1.11B$14.13M
Net income$123.34M$83.96M$254.83M$152.90M$500.20M$361.29M$253.43M-$344.69M$1.26B$72.58M
EPS, basic$0.87$0.58$1.71$1.01$3.22$2.34$1.63-$2.40$8.89$0.52
EPS, diluted$0.85$0.58$1.71$1.00$3.19$2.32$1.61-$2.49$7.53$0.51
Diluted shares145.2M146.0M149.4M152.2M156.7M156.0M157.6M143.7M169.9M150.7M

Balance sheet

Balance sheet
Line item
Nov 1, 2025
Nov 2, 2024
Oct 28, 2023
Oct 29, 2022
Oct 30, 2021
Oct 31, 2020
Nov 2, 2019
Nov 3, 2018
Oct 31, 2017
Oct 31, 2016
Cash and equivalents$1.09B$935.03M$1.01B$994.38M$1.42B$1.09B$904.16M$745.43M$640.64M$777.69M
Short-term investments$216.15M$316.34M$104.75M$153.99M$181.48M$150.67M$109.94M$148.98M$279.13M$275.25M
Receivables$975.86M$908.60M$1.00B$920.77M$884.96M$719.40M$724.85M$799.01M$622.18M$576.24M
Inventory$826.24M$820.43M$1.05B$946.73M$374.26M$344.38M$345.05M$260.26M$267.14M$211.25M
Current assets$3.57B$3.54B$3.58B$3.39B$3.19B$2.61B$2.38B$2.14B$2.01B$2.01B
Goodwill$521.20M$444.71M$444.76M$328.32M$311.64M$310.85M$297.94M$297.97M$267.46M$266.97M
Total assets$5.86B$5.64B$5.60B$5.07B$4.87B$4.18B$3.89B$3.78B$3.95B$2.87B
Current liabilities$1.31B$999.84M$932.02M$1.04B$909.03M$760.70M$845.94M$963.00M$1.04B$891.54M
Short-term debt$11.58M$11.70M$11.70M$6.93M$6.93M$6.93M$7.00M---
Long-term debt$1.52B$1.53B$1.54B$1.06B$670.36M$676.36M$680.41M$686.45M$583.69M$1.02B
Total debt$1.54B$1.54B$1.56B$1.07B$677.28M$683.29M$687.41M$686.45M$583.69M$1.02B
Total liabilities$3.14B$2.83B$2.75B$2.36B$1.85B$1.67B$1.72B$1.83B$1.82B$2.11B
Shareholders' equity$2.73B$2.82B$2.85B$2.71B$3.02B$2.51B$2.17B$1.93B$2.14B$766.34M

Cash flow

Cash flow
Line item
Nov 1, 2025
Nov 2, 2024
Oct 28, 2023
Oct 29, 2022
Oct 30, 2021
Oct 31, 2020
Nov 2, 2019
Nov 3, 2018
Oct 31, 2017
Oct 31, 2016
Operating cash flow$806.09M$514.53M$168.33M-$167.76M$541.65M$493.65M$413.14M$229.26M$234.88M$289.52M
Capital expenditures$140.80M$136.64M$106.20M$90.82M$79.55M$82.67M$62.58M$67.62M$94.60M$107.19M
Free cash flow$665.29M$377.89M$62.13M-$258.57M$462.10M$410.99M$350.56M$161.65M$140.28M$182.34M
Investing cash flow-$241.50M-$306.48M-$383.45M-$101.25M-$90.72M-$220.24M$24.08M-$19.38M-$61.37M-$296.26M
Financing cash flow-$405.92M-$285.06M$229.38M-$133.06M-$116.83M-$87.22M-$278.97M-$99.23M-$311.05M-$4.23M
Share repurchases$334.51M$254.50M$242.20M$500.80M$91.29M$74.53M$150.08M$110.98M$0$0
Stock-based compensation$184.53M$156.40M$130.46M$105.13M$84.34M$67.76M$59.74M$52.97M$48.36M$51.99M

Key ratios

Key ratios
Line item
Nov 1, 2025
Nov 2, 2024
Oct 28, 2023
Oct 29, 2022
Oct 30, 2021
Oct 31, 2020
Nov 2, 2019
Nov 3, 2018
Oct 31, 2017
Oct 31, 2016
Revenue growth, YoY18.8%-8.5%20.8%0.3%2.5%-1.1%15.4%10.4%7.7%6.3%
Net income growth, YoY46.9%-67.1%66.7%-69.4%38.4%42.6%--1638.6%522.1%
EPS growth, YoY46.6%-66.1%71.0%-68.7%37.5%44.1%--1376.5%410.0%
Gross margin42.0%42.8%42.8%43.0%47.6%46.8%43.2%42.5%44.5%44.7%
Operating margin4.1%4.1%8.2%6.1%13.7%13.8%9.7%7.4%7.7%6.0%
Net margin2.6%2.1%5.8%4.2%13.8%10.2%7.1%-11.1%45.0%2.8%
Free cash flow margin13.9%9.4%1.4%-7.1%12.8%11.6%9.8%5.2%5.0%7.0%
Return on equity4.5%3.0%8.9%5.6%16.6%14.4%11.7%-17.9%59.1%9.5%
Return on assets2.1%1.5%4.5%3.0%10.3%8.6%6.5%-9.1%31.9%2.5%
Current ratio2.733.543.843.253.513.432.822.221.932.26
Debt to equity0.560.550.550.390.220.270.320.360.271.33

Source: XBRL data Ciena Corporation files with the SEC, latest filing dated Sep 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

CIEN peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
CIEN$6.02B+32.6%$654.41M10.9%$32.73B
VZ$139.39B+1.4%$16.42B11.8%$191.15B
TMUS$93.82B+9.3%$11.30B12.0%$170.11B
T$128.85B+3.5%$13.13B10.2%$146.99B
GLW$17.72B+18.8%$2.24B12.6%$89.09B
AMXMXN 943.64B+8.6%MXN 82.82B8.8%$75.57B
LITE$3.74B+103.2%-$6.58B-175.8%$46.23B
CHTNT$236.11B+2.7%NT$38.70B16.4%$37.90B
VOD€40.46B+8.0%-€397.00M-1.0%$36.91B

CIEN FAQ

9 questions
  • What is CIEN revenue?
    Ciena Corporation (CIEN) reported $6.02B of revenue for the twelve months ended Aug 1, 2026. That is up 32.6% from the year before. Revenue for fiscal 2025 was $4.77B.
  • Is CIEN profitable?
    Yes. Ciena Corporation earned $654.41M in net income for the twelve months ended Aug 1, 2026, a net margin of 10.9%.
  • How much cash and debt does CIEN have?
    Ciena Corporation reported $2.45B in cash and cash equivalents and $3.23B of debt on its most recent balance sheet in SEC filings.
  • How fast is CIEN revenue growing?
    Ciena Corporation's revenue changed +18.8% in fiscal 2025, to $4.77B. Its compound annual growth rate was +6.2% over 5 years and +6.9% over 10 years.
  • What is CIEN gross margin?
    Ciena Corporation's gross profit was $2.65B on $6.02B of revenue for the twelve months ended Aug 1, 2026, a gross margin of 44.1%.
  • What is CIEN free cash flow?
    Ciena Corporation generated $814.36M of free cash flow for the twelve months ended Aug 1, 2026, which is operating cash flow of $1.05B less capital expenditures.
  • What is CIEN earnings per share?
    Diluted earnings per share were $4.48 for the twelve months ended Aug 1, 2026, from SEC filings, restated for any stock split those filings show.
  • When did CIEN last report financial results?
    The latest statements here come from Ciena Corporation's 10-Q filed on Sep 3, 2026, covering the period ended Aug 1, 2026.
  • Where does this CIEN financial data come from?
    Quantisnow builds these statements from the structured XBRL data Ciena Corporation files with the SEC. It is provided for information only and is not investment advice.