Ciena logo

Ciena

CIENNYSEStock Fundamentals

Ciena Corporation is a network technology company that provides high-capacity hardware, software, and services to global network operators. The company specializes in optical networking, routing, and switching solutions that enable automated, scalable, and energy-efficient data transmission for applications such as cloud computing, 5G, and artificial intelligence.

Market Cap$82.5B
Revenue TTM$5.1B
Net Income TTM$229.0M
P/E Ratio360.36
Net Margin4.47%
EPS TTM$1.57
Free Cash Flow TTM$742.2M
Employees8.5K
CEOGary Smith
CountryUnited States of America
Technology
Communication Equipment
SegmentsCommunication Equipment, Networking Software, Optical Networking
Business ModelsHardware Sales, Software Licensing, Subscription Services, Professional Services
Most Recent EarningsMar 5, 2026 · 2 months 22 days agoQ1 2026
View report
Next EarningsJun 4, 2026 · In 1 weekBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin42.13%
Op. Margin5.98%
ROE8.2%
D/E56.89%
Current Ratio2.81
Total Debt$1.6B
Cash$1.1B
CapEx TTM$187.8M

Gross Profit

View metric

Net Income

View metric

Operating Cash Flow

View metric

Free Cash Flow

View metric

EPS (Diluted)

View metric

Business Segments

Networking Platforms

primary

The company's core segment providing optical transport and switching systems alongside routing and switching portfolios. These solutions enable network operators to scale capacity and manage traffic from the network core to the end-user access points.

Products

6500 Packet-Optical Platform, Waveserver system, 6500 Reconfigurable Line System (RLS), Coherent Pluggable Transceivers, 3000 family of Service Delivery Platforms, 5000 family of Service Aggregation Platforms, 8100 Coherent Routing platforms, WaveLogic, WaveLogic Extreme, WaveLogic Nano

Customers

Cloud Providers, Service Providers, Submarine Network Operators, Enterprises

Global Services

major

A suite of professional services that help customers build, operate, and improve their networks through the entire lifecycle. Services include consulting, deployment, and technical support.

Products

Advisory and Enablement, Implementation, Maintenance, Support and Learning

Customers

Government Agencies, Research and Education Network Operators, Enterprises

Platform Software and Services

moderate

Provides domain control management, analytics, and planning tools to assist customers in managing their networks. This segment focuses on creating efficient operations and proactive network visibility.

Products

Navigator NCS, Adaptive IP

Customers

Network Operators, Service Providers

Blue Planet Automation Software and Services

moderate

A cloud-native software portfolio designed to accelerate digital transformation for service providers. It automates service delivery across multiple vendors and domains to reduce operational complexity.

Products

Blue Planet Automation Software, Blue Planet Services

Customers

Communication Service Providers, Web-scale Providers

Segment Financials

Global Services — Maintenance spares, net

View metric

Business Overview

Competitive Position

Ciena is a global leader in optical networking and coherent modem technology, positioning itself as a critical provider for AI-driven data center interconnect and network transformation.

Geographies

Global

Customer Segments

Cloud Providers, Telecommunications Carriers, Government, Enterprise

Upstream Dependencies

Semiconductor manufacturers, Optical component suppliers, Contract manufacturers, Software developers

Downstream Customers

Hyperscale cloud providers, Wireless and wireline carriers, Submarine cable operators, Multi-service operators (MSOs)

Ciena logo

Ciena FAQ

Common questions about Ciena

Ciena Corporation is a network technology company that provides high-capacity hardware, software, and services to global network operators. The company specializes in optical networking, routing, and switching solutions that enable automated, scalable, and energy-efficient data transmission for applications such as cloud computing, 5G, and artificial intelligence.

Ciena (CIEN) has a market capitalization of $82.5B and trades on NYSE.

Ciena generated $5.1B in trailing twelve-month revenue with net income of $229.0M, representing a net margin of 4.5%. Gross margin stands at 42.1%, with free cash flow of $742.2M. These figures are based on the Q1 2026 filing.

Ciena's key competitors include Cisco Systems, Inc., Celestica, Inc., Keysight Technologies, Inc., and others. These companies compete in similar markets and product categories.

Ciena has approximately 8,483 employees.