Skip to content
Screener

Ciena CIEN Q2 2026 earnings

Reported June 4, 2026 · Before market open

Revenue$1.6BBeat by $66.0M
EPS$1.49Beat by $0.03
Revenue estimate$1.5B
EPS estimate$1.46
“Today's results reflect the strength of our portfolio, the power of our business model, and disciplined execution in a dynamic supply environment, Our long-term strategy to be the global leader in high-speed connectivity - both across the WAN and in and around the data center - is tightly aligned to the structural, multi-year opportunities created by AI-driven demand, positioning us to capitalize on market dynamics and drive sustained, profitable growth.”
Gary Smith

Next report

Dec 10, 2026 (in 2 months)
Revenue estimate$1.8B
EPS estimate$2.05

Financials

Q2 2026

Income statement

See full
Revenue$1.6B+39.5%
Gross profit$691.6M+52.7%
Operating income$237.9M+624%
Net income$218.2M+2,333%
EPS (diluted)$1.49+2,383%

Balance sheet

See full
Cash & equivalents$1.0B+10.0%
Total debt$1.6B-0.8%
Total equity$2.9B+4.2%
Total assets$6.0B+6.7%

Cash flow

See full
Operating cash flow$259.7M+65.5%
CapEx$41.0M+42.8%
Free cash flow$218.7M+70.5%

Valuation & ratios

Valuation

as of 05/02/26
See full
Market cap$74.6B+716%
Enterprise value$75.13B+668%
P/E170.2×+83.0×
P/S13.4×+11.3×

Profitability

See full
Gross margin43%+1.1pp
Operating margin9.2%+4.5pp
Net margin7.9%+5.4pp
FCF margin15%—

Returns & leverage

See full
Return on equity15.5%+11.8pp
Debt / equity0.5×0.0×
Current ratio2.7×-0.7×

Segments

By product

See full
Optical Networking$1.1B+42.2%
Routing and Switching$174.2M+87.9%
Platform Software and Services$93.9M+9.9%
Maintenance, Support, and Learning$89.3M—
Implementation$79.7M—

By segment

See full
Networking Platforms$1.3B+47.1%
Global Services$179.4M+22.7%
Platform Software and Services$93.9M+9.9%
Blue Planet Automation Software and Services$23.4M-16.4%

By geography

See full
Americas$1.2B+44.2%
EMEA$196.0M+2.3%
APAC$172.5M+71.7%

FAQ

When did Ciena report Q2 2026 earnings?
Ciena (CIEN) reported Q2 2026 earnings on June 4, 2026 before market open.
What were Ciena's Q2 2026 revenue and EPS?
Ciena reported revenue of $1.6B and eps of $1.49 for Q2 2026.
Did Ciena beat estimates in Q2 2026?
Revenue beat the consensus estimate of $1.5B by $66.0M. EPS beat the consensus estimate of $1.46 by $0.03.
How did Ciena's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 39.5% from $1.1B a year earlier and eps grew 254.8% from $0.42.
Where can I find Ciena's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-040614) and the 10-Q periodic report (0001628280-26-040767) directly on SEC EDGAR. The filing index links above go to sec.gov.