CIENA CORP
CIENNYSE · SIC 3661
$374.41
↓ -3.7%Jul 17 close · end-of-day
Price
1Y↑ +345.1%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$54.8B
Enterprise Value
$55.1B
P/E
124.8
P/S
9.8
P/B
18.9
EV/EBITDA
87.1
PEG
—
FCF Yield
1.5%
Dividend Yield
—
Revenue (TTM)
$5.6B
Net Income (TTM)
$438.3M
Free Cash Flow (TTM)
$832.7M
Gross Margin
43.0%
Operating Margin
9.2%
Net Margin
7.9%
ROE
15.2%
ROIC
14.5%
Debt / Equity
0.5
Net Cash
-$328.3M
Return 1Y
+341.5%
Company profile
Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. This segment also sells operating system software and enhanced software features embedded in each of its products.
- CEO
- Gary B. Smith
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Employees
- 8,080
- Headquarters
- Maryland
- Website
- ciena.com
Management & directors
- Diperna DinoSVP Global R&D
- Gage BrodieSVP Global Products & Supply
- Rothenstein David MSVP and Chief Strategy Officer
- Smith Gary BPresident, CEO
- Graff Marc D.SVP & Chief Financial Officer
- Kosaraju SheelaSVP and General Counsel
- Phipps JasonSVP Global Sales and Marketing
- Cumello JosephSVP, General Mgr. Blue Planet
- Hoffman GrantSVP Chief Supply Chain Officer
- Moylan James E JrSVP Finance, CFO
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-09-03
CIEN Q2 2026 Earnings
Period ends 2026-05-02
MetricActualYoY
Revenue$1.6B↑ +39.5%
Diluted EPS$1.49↑ +2383.3%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $3.5B | $3.6B | $3.6B | $4.4B | $4.0B | $4.8B |
| Gross profit | $1.7B | $1.7B | $1.6B | $1.9B | $1.7B | $2.0B |
| Operating income | $487.0M | $495.4M | $222.8M | $357.5M | $166.6M | $197.5M |
| 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 |
| Operating cash flow | $493.7M | $541.6M | -$167.8M | $168.3M | $514.5M | $806.1M |
| Free cash flow | $411.0M | $462.1M | -$258.6M | $62.1M | $377.9M | $665.3M |
| Gross margin | 46.8% | 47.6% | 43.0% | 42.8% | 42.8% | 42.0% |
| Operating margin | 13.8% | 13.7% | 6.1% | 8.2% | 4.1% | 4.1% |
| Net margin | 10.2% | 13.8% | 4.2% | 5.8% | 2.1% | 2.6% |
| Line item | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $942.3M | $1.1B | $1.1B | $1.1B | $1.2B | $1.4B | $1.4B | $1.6B |
| Gross profit | $403.9M | $460.0M | $471.8M | $452.8M | $503.1M | $577.2M | $625.5M | $691.6M |
| Operating income | $26.7M | $59.2M | $80.7M | $32.8M | $73.5M | $10.5M | $189.4M | $237.9M |
| Net income | $14.2M | $37.0M | $44.6M | $9.0M | $50.3M | $19.5M | $150.3M | $218.2M |
| Diluted EPS | $0.10 | $0.26 | $0.31 | $0.06 | $0.35 | $0.13 | $1.03 | $1.49 |
| Operating cash flow | -$159.4M | $349.4M | $103.7M | $156.9M | $174.3M | $371.1M | $227.6M | $259.7M |
| Free cash flow | -$179.0M | $265.8M | $76.8M | $128.2M | $134.6M | $325.6M | $153.8M | $218.7M |
| Gross margin | 42.9% | 40.9% | 44.0% | 40.2% | 41.3% | 42.7% | 43.8% | 44.0% |
| Operating margin | 2.8% | 5.3% | 7.5% | 2.9% | 6.0% | 0.8% | 13.3% | 15.1% |
| Net margin | 1.5% | 3.3% | 4.2% | 0.8% | 4.1% | 1.4% | 10.5% | 13.9% |
Company news
Jul 16, 2026
Jul 14, 2026
Jul 11, 2026
- 8d agoViavi Solutions (VIAV) Stock Still Looks Below Fair Value While Broader Checks Stay Mixedfinance.yahoo.com
- 9d agoWhy Ciena (CIEN) Is Positioned to Benefit From Multi-Year AI Networking Demand Despite Elevated Expectationsfinance.yahoo.com
- 9d agoWhy Ciena (CIEN) Is Up 9.1% After Surging AI-Driven Backlog Signals Robust Network Demand – And What's Nextfinance.yahoo.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-15 | SMITH GARY B· President, CEO | Sale | 2,952 | $421.10 | $1.2M | filing |
| 2026-07-15 | Rothenstein David M· SVP and Chief Strategy Officer | Sale | 2,500 | $420.91 | $1.1M | filing |
| 2026-07-15 | Gage Brodie· SVP Global Products & Supply | Sale | 1,200 | $449.15 | $538,980.00 | filing |
| 2026-07-15 | DiPerna Dino· SVP Global R&D | Sale | 391 | $449.15 | $175,617.65 | filing |
| 2026-07-01 | SMITH GARY B· President, CEO | Sale | 2,952 | $468.83 | $1.4M | filing |
| 2026-07-01 | Phipps Jason· SVP Global Sales and Marketing | Sale | 2,629 | $466.20 | $1.2M | filing |
| 2026-07-01 | Kosaraju Sheela· SVP and General Counsel | Sale | 2,013 | $466.20 | $938,460.60 | filing |
| 2026-07-01 | Graff Marc D.· SVP & Chief Financial Officer | Sale | 126 | $466.20 | $58,741.20 | filing |
| 2026-06-26 | Cumello Joseph· SVP, General Mgr. Blue Planet | Sale | 1,586 | $466.33 | $739,599.38 | filing |
| 2026-06-24 | Graff Marc D.· SVP & Chief Financial Officer | Sale | 126 | $449.36 | $56,619.36 | filing |
| 2026-06-22 | Hoffman Grant· SVP Chief Supply Chain Officer | Award | 6,517 | $0.00 | $0.00 | filing |
| 2026-06-20 | SMITH GARY B· President, CEO | Tax withholding | 3,102 | $428.22 | $1.3M | filing |
| 2026-06-20 | SMITH GARY B· President, CEO | Tax withholding | 2,985 | $428.22 | $1.3M | filing |
| 2026-06-20 | SMITH GARY B· President, CEO | Tax withholding | 1,743 | $428.22 | $746,387.46 | filing |
| 2026-06-20 | SMITH GARY B· President, CEO | Tax withholding | 937 | $428.22 | $401,242.14 | filing |
| 2026-06-20 | Phipps Jason· SVP Global Sales and Marketing | Tax withholding | 859 | $428.22 | $367,840.98 | filing |
| 2026-06-20 | Rothenstein David M· SVP and Chief Strategy Officer | Tax withholding | 811 | $428.22 | $347,286.42 | filing |
| 2026-06-20 | Phipps Jason· SVP Global Sales and Marketing | Tax withholding | 735 | $428.22 | $314,741.70 | filing |
| 2026-06-20 | DiPerna Dino· SVP Global R&D | Tax withholding | 730 | $428.22 | $312,600.60 | filing |
| 2026-06-20 | Kosaraju Sheela· SVP and General Counsel | Tax withholding | 728 | $428.22 | $311,744.16 | filing |
| 2026-06-20 | Rothenstein David M· SVP and Chief Strategy Officer | Tax withholding | 679 | $428.22 | $290,761.38 | filing |
| 2026-06-20 | Gage Brodie· SVP Global Products & Supply | Tax withholding | 669 | $428.22 | $286,479.18 | filing |
| 2026-06-20 | Cumello Joseph· SVP, General Mgr. Blue Planet | Tax withholding | 582 | $428.22 | $249,224.04 | filing |
| 2026-06-20 | Kosaraju Sheela· SVP and General Counsel | Tax withholding | 578 | $428.22 | $247,511.16 | filing |
| 2026-06-20 | Phipps Jason· SVP Global Sales and Marketing | Tax withholding | 504 | $428.22 | $215,822.88 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.