Ciena Corporation

Ciena Corporation

CIEN
Ciena CorporationUS flagNew York Stock Exchange
358.43
USD
+2.52
- -
50.74BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
20.35
21.63
20.65
18.8
19.73
21.53
22.94
22.89
23.32
24.02
29.45
27.74
33.54
42.46
Basic EPS, GAAP
-0.83
-0.38
0.1
0.52
8.89
-2.4
1.63
2.34
3.22
1.01
1.71
0.58
0.87
4.61
Free Cash Flow per Basic Share
0.01
0.39
1.69
1.32
0.99
1.12
2.25
2.66
2.98
-1.71
0.42
2.61
4.68
5.74
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.82
-0.65
4.58
5.48
14.93
12.5
14.07
16.24
19.5
18.28
19.67
19.74
19.35
21.54
Tangible Book Value per Share
-2.67
-1.85
1.19
2.52
12.36
9.61
11.41
13.6
17.07
15.6
15.18
15.47
14.07
16.59
Basic Weighted Avg Shares
102
106
118
138
142
144
156
154
155
151
149
145
142
142
Sales/Revenue/Turnover
2,083
2,288
2,446
2,601
2,802
3,094
3,572
3,532
3,621
3,633
4,387
4,015
4,770
6,021
Operating Margin (%)
0.26
2.01
5.5
6.37
8.52
8.18
10.49
14.54
14.57
7.08
8.77
4.76
6.52
14.12
Depreciation Expense
127
113
136
142
123
110
123
133
132
140
142
133
140
175
Net Income, GAAP
-85
-41
12
73
1,262
-345
253
361
500
153
255
84
123
654
Effective Tax Rate (%)
- -
- -
50.9
16.3
- -
331.68
19.08
20.76
- -
16.22
21.27
29.95
21.08
9.82
Profit Margin (%)
-4.1
-1.78
0.48
2.79
45.04
-11.14
7.09
10.23
13.81
4.21
5.81
2.09
2.59
10.87
Working Capital
781
912
1,197
1,122
969
1,180
1,536
1,850
2,280
2,345
2,644
2,545
2,257
3,877
LT Debt
1,212
1,279
1,285
1,042
657
755
746
799
775
1,157
1,625
1,602
1,595
3,268
Total Equity
-83
-70
621
766
2,136
1,929
2,173
2,510
3,020
2,713
2,848
2,816
2,729
3,057
Return on Invested Capital (%)
- -
- -
3.76
6.64
- -
-19.35
10.26
12.41
- -
5.35
6.97
2.88
5.3
14.01
Return on Capital (%)
- -
- -
2.28
6.02
- -
-16.26
10.11
12.35
- -
5.11
7.81
3.42
4.45
13.41
Return on Common Equity (%)
- -
- -
- -
10.46
86.95
-16.96
12.36
15.43
18.09
5.33
9.16
2.96
4.45
22.4

Capital Structure

FRC

•

in mil. unless spec.
Jan'26
Apr'26
Jul'26
ST Debt
30
29
17
LT Borrowings
1,525
1,520
3,230
LT Finance Leases
34
32
39
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
141
142
142
Market Capitalization
35,619
74,704
53,502

Working Capital

FRC

•

in mil. unless spec.
Jan'26
Apr'26
Jul'26
Total Current Assets
3,541
3,568
5,263
Cash, Cash Equivalents & STI
1,300
1,203
2,630
Accounts Receivable, Net
967
1,053
1,234
Inventories
846
808
872
Total Current Liabilities
1,258
1,309
1,386
Payables & Accruals
718
786
903
ST Debt
30
29
17
Deferred Revenue
290
238
211

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.16%
2.19%
-3.08%
Free Cash Flow
43.41%
63.34%
76.05%
Net Income, GAAP
191.8%
3.11%
46.91%
Sales/Revenue/Turnover
7.27%
6.78%
18.79%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,038
911
942
1,124
4,015
2025
1,072
1,126
1,219
1,352
4,770
2026
1,427
1,571
1,671
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.34
-0.12
0.1
0.26
0.58
2025
0.31
0.06
0.35
0.14
0.87
2026
1.06
1.54
1.88
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Gary Smith
Full Time Employees
8,989
Sector
Technology
Industry
Communication Equipment
Address
7035 Ridge Road Hanover Maryland MD United States of America 21076
IPO Date
Feb 7, 1997
Website
ciena.com
Business
Ciena Corporation provides networking systems, services, and software that enable high-speed connectivity solutions for telecommunications carriers, cloud providers, enterprises, and government organizations worldwide. Founded in 1992 and headquartered in Hanover, Maryland, the company offers optical networking platforms including the 6500 family of Packet-Optical Platforms, WaveLogic family of coherent optics supporting 100G to 1.6 Tb/s wavelengths, Waveserver family for edge-to-core transport, and Coherent ELS edge line systems; routing and switching products such as the 3000, 5000, and 8000 families with support for PON, Ethernet, MPLS, IP, and segment routing, coherent routers, WaveRouter family for IP-optical convergence, enterprise routers, and business service platforms for 1GbE/10GbE; broadband solutions encompassing uOLT, routers, platforms, and network management; multi-layer control software; intelligent automation via the Blue Planet Cloud Native Platform with Inventory, Orchestration, Assurance modules powered by AI analytics, and comprehensive Ciena Services for build, operate, and improve phases. Ciena operates globally across the Americas, EMEA, and Asia-Pacific regions, serving major customers like AT&T, Lumen, Comcast, and hyperscalers with adaptive networks optimized for AI workloads, big data, cloud computing, and 5G. In recent developments, Ciena agrees to acquire Nubis Communications for $270 million to enhance high-performance optical and electrical interconnects for data center AI applications, expected to close in fiscal fourth quarter 2025; partners with Flex to expand U.S. manufacturing of pluggable OLTs and ONUs supporting BEAD-funded broadband projects; deploys WaveLogic 6 technology with Lumen for AI-enabled capacity upgrades and with Comcast to extend rural fiber reach; and achieves records like 1.6 Tb/s transmissions with Altibox and Telia Norway while launching quantum-secure projects with REDIMadrid.

Company News

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  • Cisco Sinks 6% While the Tech Sector Rises; Arista and Ciena Hold Flat

  • Ciena Expands Global Subsea Footprint With ACE & ECHO Upgrades

  • Ciena vs. ADTRAN: Which Optical Networking Stock is the Better Buy?

  • Why This AI Bottleneck Means Ciena Stock Has 58% Upside

  • Insider Selling: Ciena (NYSE:CIEN) EVP Sells $389,832.00 in Stock

  • Nykredit A S Acquires New Shares in Ciena Corporation $CIEN

  • Ciena Targets $14B Revenue by 2029 as Optical Demand Outruns Supply

  • Ciena stock rises as analysts lift target after $14B FY29 revenue outlook

  • Ciena Corporation (CIEN) Discusses Financial Objectives, Margin Improvement and Demand Acceleration in Optical Systems Prepared Remarks Transcript

  • Will Ciena's New Targets Drive Growth and Margin Expansion by 2029?

  • Ciena Stock Rises as These Numbers Leave Wall Street Pleasantly Surprised

  • Ciena Announces Fiscal Year 2029 Financial Targets

  • Ciena Announces Fiscal Year 2029 Financial Targets

  • Ciena Climbs 4% as $10B Backlog Outlook Outweighs Month-Long Slide; Arista and Cisco Edge Higher

  • Ciena Rises 4% as Optics Selloff Unwinds; Coherent Edges Higher, Corning Holds Steady