Ciena Corp (CIEN) Financial Statements
Industry: Telephone & Telegraph Apparatus
In fiscal 2025, Ciena reported revenue of $4.77B, up 18.8% from $4.01B the year before. Net income was $123.3M (a 2.6% net margin), or $0.85 per diluted share. Gross margin was 42.0% and operating margin was 4.1%. Operating activities generated $806.1M of cash, leaving $665.3M of free cash flow. At fiscal year end, Ciena held $5.86B in total assets against $3.14B in total liabilities, including $1.09B of cash and equivalents.
Open the full interactive Ciena financials → Quarterly statements, key ratios, valuation history and price charts.
Ciena Key Stats
| Share Price | $400.40 |
|---|---|
| Market Cap | $58.45B |
| P/E Ratio | 471.1 |
| Revenue YoY Growth | +18.8% |
| 52-Week Range | $164.48 – $627.00 |
| Shares Outstanding | 142.1 million (basic, 2026 Q3) |
Ciena Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.53B | $3.62B | $3.63B | $4.39B | $4.01B | $4.77B |
| Cost of Goods Sold | $1.88B | $1.90B | $2.07B | $2.51B | $2.30B | $2.76B |
| Gross Profit | $1.65B | $1.72B | $1.56B | $1.88B | $1.72B | $2.00B |
| Operating Income | $487.0M | $495.4M | $222.8M | $357.5M | $166.6M | $197.5M |
| Pre-Tax Income | $456.0M | $462.8M | $182.5M | $323.7M | $119.8M | $156.3M |
| Income Tax | $94.7M | -$37.4M | $29.6M | $68.8M | $35.9M | $32.9M |
| Net Income | $361.3M | $500.2M | $152.9M | $254.8M | $84.0M | $123.3M |
| Diluted EPS | $2.32 | $3.19 | $1.00 | $1.71 | $0.58 | $0.85 |
Ciena Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $1.35B | $1.43B | $1.57B | $1.67B |
| Net Income | $19.5M | $150.3M | $218.2M | $266.4M |
| Diluted EPS | $0.13 | $1.03 | $1.49 | $1.83 |
Ciena Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.09B | $1.42B | $994.4M | $1.01B | $934.9M | $1.09B |
| Current Assets | $2.61B | $3.19B | $3.39B | $3.58B | $3.54B | $3.57B |
| Total Assets | $4.18B | $4.87B | $5.07B | $5.60B | $5.64B | $5.86B |
| Current Liabilities | $760.7M | $909.0M | $1.04B | $932.0M | $999.8M | $1.31B |
| Total Long-Term Debt | $683.3M | $677.3M | $1.07B | $1.56B | $1.54B | $1.54B |
| Total Liabilities | $1.67B | $1.85B | $2.36B | $2.75B | $2.83B | $3.14B |
| Shareholders' Equity | $2.51B | $3.02B | $2.71B | $2.85B | $2.82B | $2.73B |
Ciena Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $493.7M | $541.6M | -$167.8M | $168.3M | $514.5M | $806.1M |
| Cash From Investing | -$220.2M | -$90.7M | -$101.2M | -$383.5M | -$306.5M | -$241.5M |
| Cash From Financing | -$87.2M | -$116.8M | -$133.1M | $229.4M | -$285.1M | -$405.9M |
| Free Cash Flow | $411.0M | $462.1M | -$258.6M | $62.1M | $377.9M | $665.3M |
Figures from Ciena's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Ciena financials page for every line item.
Ciena Company Profile
| Ticker | CIEN |
|---|---|
| Exchange | NYSE |
| Industry | Telephone & Telegraph Apparatus |
| Headquarters | Hanover, Maryland |
| Incorporated in | Maryland |
| Fiscal Year End | October 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000936395 |
Frequently Asked Questions
What was Ciena's revenue in fiscal 2025?
Ciena (CIEN) reported revenue of $4.77B for fiscal 2025.
What is Ciena's annual revenue history?
Ciena's annual revenue by fiscal year: 2020: $3.53B; 2021: $3.62B; 2022: $3.63B; 2023: $4.39B; 2024: $4.01B; 2025: $4.77B.
What was Ciena's net income in fiscal 2025?
Ciena reported net income of $123.3M for fiscal 2025.
What was Ciena's earnings per share (EPS) in fiscal 2025?
Ciena's diluted EPS was $0.85 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Ciena generate in fiscal 2025?
Ciena generated $665.3M of free cash flow in fiscal 2025.
What was Ciena's revenue last quarter?
In its most recent reported quarter (2026 Q3), Ciena reported revenue of $1.67B.
How much debt does Ciena have?
Ciena reported $1.54B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Ciena are outstanding?
Ciena reported a weighted average of 142.1 million basic shares outstanding in 2026 Q3.
What is Ciena's market cap?
Based on its latest closing price, Ciena (CIEN) has a market capitalization of about $58.45B.
When does Ciena's fiscal year end?
Ciena's fiscal year end, as registered with the SEC, is October 31.
Where is Ciena headquartered?
Ciena lists its business address in Hanover, Maryland in its SEC filings.