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Ciena Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Ciena holds $5.9B in total assets. Shareholders' equity is $2.8B against $1.6B in total debt. Cash and equivalents total $1.1B. The current ratio is 2.81 and debt-to-equity is 0.569. Based on the Q1 2026 filing.

Total Assets$5.9BTotal Stockholders Equity$2.8BLong Term Debt$1.5BCash And Equivalents$1.1BTotal Current Assets$3.5BTotal Current Liabilities$1.3B
Latest FilingQ1 2026
Report Date2026-03-05
Market Cap$82.5B
P/E Ratio360.36
ROE8.2%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$423.4M$395.8M$419.1M$464.7M$542.8M$547.2M
Accrued compensation————$281.5M$152.2M
Accrued interest————$6.1M$9.8M
Accrued Progress Collections and Price Adjustments$81.2M$83.1M$83.2M$81.1M$94.9M$100.5M
Other Commercial Liabilities$393.9M$362.0M$381.4M$436.3M$531.1M$395.9M
Accrued Income Taxes, Current————$10.7M$8.5M
Accrued Liabilities, Current$393.9M$362.0M$381.4M$436.3M$531.1M$395.9M
Accrued Vacation Current————$33.7M$33.2M
Derivative Liability, Current————$6.3M$5.1M
Current portion of accrued product warranty$55.3M$55.5M——$55.5M$58.1M
Current portion of long-term debt$11.7M$11.6M$11.6M$11.6M$11.6M$11.6M
Deferred revenue$156.4M$174.2M$221.8M$196.2M$208.9M$290.4M
Finance Lease Liability, Current$4.4M———$4.7M$5.0M
Operating lease liabilities, current$14.5M$13.0M$13.2M$14.7M$14.0M$13.3M
Total current liabilities$999.8M$956.5M$1.0B$1.1B$1.3B$1.3B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$908.6M$938.7M$929.8M$1.0B$975.9M$967.4M
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)—$422.9M$428.1M$357.5M—$254.5M
Allowance for Doubtful Accounts$9.9M$10.1M$9.8M$9.5M$11.2M$11.2M
Cash and cash equivalents$935.0M$874.9M$949.9M$1.1B$1.1B$1.1B
Finished goods$324.7M$289.2M$273.4M$261.7M$286.1M$318.5M
Work in process$32.2M$32.7M$35.3M$35.6M$35.1M$34.0M
Inventories$927.6M$953.9M$992.3M$981.9M$955.6M$991.8M
Other Inventory, Net$107.2M$108.7M$118.0M$121.5M$129.4M$145.9M
Prepaid expenses and other current assets$564.2M$495.8M$506.3M$473.9M$455.3M$427.9M
Total current assets$3.5B$3.5B$3.6B$3.7B$3.6B$3.5B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$46.7M-$67.3M-$39.6M-$44.8M-$55.0M-$38.7M
Additional paid-in capital$6.2B$6.1B$6.1B$6.0B$6.0B$5.8B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$1.4M$1.4M$1.4M$1.4M$1.4M$1.4M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Retained earnings-$3.3B-$3.2B-$3.2B-$3.2B-$3.2B-$3.0B
Share Repurchase Program - Amount Remaining—$920.8M$836.5M$754.8M—$589.8M
Total liabilities and stockholders' equity$5.6B$5.6B$5.7B$5.7B$5.9B$5.9B
Total stockholders' equity$2.8B$2.8B$2.8B$2.8B$2.7B$2.8B
Treasury stock—————$410.2M

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contract Liabilities, Non-Current$81.2M$83.1M$83.2M$81.1M$94.9M$100.5M
Long-term debt$1.5B$1.5B$1.5B$1.5B$1.5B$1.5B
Deferred revenue, net of current portion$81.2M$83.1M$83.2M$81.1M$94.9M$100.5M
Operating lease liabilities, non-current$25.1M$22.8M$35.1M$34.5M$32.5M$34.1M
Other non-current liabilities$185.9M$186.0M$188.8M$196.0M$175.4M$182.3M
Total liabilities$2.8B$2.8B$2.9B$3.0B$7.7M$30.9M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis$489.4M$527.9M$520.1M$421.6M$342.3M$324.2M
Long-term accounts receivable, net————$28.6M$27.4M
Accounts Receivable, Allowance for Credit Loss$9.9M$10.1M$9.8M$9.5M$11.2M$11.2M
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$162.0K$99.0K$88.0K$3.0K$0.0$0.0
Gross Unrealized Gains$892.0K$719.0K$631.0K$506.0K$570.0K$522.0K
Total$489.4M$527.9M$520.1M$421.6M$342.3M$324.2M
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five—$105.0M$92.0M$64.2M—$69.7M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five—$105.0M$92.1M$64.4M—$69.9M
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One—$422.9M$428.1M$357.5M—$254.5M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One—$423.5M$428.5M$357.7M—$254.8M
Available for sale investments$490.1M$528.6M$520.6M$422.1M$342.8M$324.7M
Capitalized Contract Cost, Net$28.4M$27.4M$29.3M$33.4M$37.4M$32.9M
Common stock, par value (in dollars per share)$0.01$0.01$0.01$0.01$0.01$0.01
Common stock, shares authorized (in shares)290M290M290M290M290M290M
Common stock, shares issued (in shares)142.7M142.5M141.7M141.3M141M141.5M
Common Stock, Shares, Outstanding142.7M142.5M141.7M141.3M141M141.5M
Contract with Customer, Asset, after Allowance for Credit Loss$127.9M$138.7M$151.8M$164.3M$157.9M$146.2M
Contract with Customer, Liability$237.6M$257.3M$305.1M$277.3M$303.8M$390.9M
Deferred Compensation Liability Current And Noncurrent—————$24.8M
Deferred compensation plan assets————$21.2M$24.8M
Current maturities of long-term debt$4.4M———$4.7M$5.0M
Raw materials$542.8M$601.9M$647.0M$642.7M$593.8M$596.0M
Other accrued liabilities————$132.4M$124.0M
Inventory capitalized costs$27.9M$30.1M$36.7M$41.8M$40.8M$43.2M
Preferred Stock, Par or Stated Value Per Share$0.01$0.01$0.01$0.01$0.01$0.01
Preferred Stock, Shares Authorized20M20M20M20M20M20M
Preferred Stock, Shares Issued000000
Preferred Stock, Shares Outstanding000000
Equipment, building, furniture and fixtures, net$365.1M$345.5M$388.0M$408.7M$425.4M$478.3M
Purchase Obligation—$1.7B$1.8B$1.8B—$1.9B
Restructuring Reserve$1.9M$443.0K$676.0K$534.0K$8.4M$1.6M
Severance accrual, current—$443.0K$676.0K$534.0K—$1.6M
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—$1.7B$1.7B$2.0B—$2.3B
RPO percentage—79.0%79.0%82.0%—85.0%
Share Repurchase Program, Authorized, Amount$1.0B—————
Share Repurchase Program, Remaining Authorized, Amount—$920.8M$836.5M$754.8M—$589.8M
Treasury stock, shares (in shares)—————4.3M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Goodwill$444.7M$444.3M$444.8M$444.8M$521.2M$521.7M
Investments - Amortized Cost Basis$489.4M$527.9M$520.1M$421.6M$342.3M$324.2M
Net Investment in Lease$27.4M$25.1M$38.7M$40.3M$38.6M$40.5M
Deferred tax assets$886.4M$868.4M$863.6M$851.9M$884.9M$878.0M
Other intangible assets—net$165.0M$156.2M$147.5M$138.7M$224.2M$212.7M
Long- term Investments$80.9M$105.0M$92.1M$64.4M$57.1M$69.9M
Operating lease right-of-use assets$27.4M$25.1M$38.7M$40.3M$38.6M$40.5M
Other non-current assets$154.7M$161.7M$159.1M$154.1M$186.3M$190.9M
Property, plant and equipment, net$337.7M$320.4M$349.3M$368.3M$386.8M$437.8M
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)$316.3M$337.3M$304.2M$270.4M$216.1M$176.3M
Operating Lease Right-of-Use Assets in Other Assets$27.4M$25.1M$38.7M$40.3M$38.6M$40.5M
Software and Technology Licenses, Net$154.7M$161.7M$159.1M$154.1M$186.3M$190.9M
Total assets$5.6B$5.6B$5.7B$5.7B$5.9B$5.9B