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Ciena CIEN Global Services — Maintenance spares, net

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$67M—

Other financials

Income statement

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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

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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

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Operating cash flow$259.7M+65.5%
CapEx$41.0M+42.8%
Free cash flow$218.7M+70.6%

Valuation

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Market cap$60.62B+716%
Enterprise value$61.15B+668%
P/E138.3×+67.4×
P/S10.9×+9.1×

Profitability

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Gross margin43%+1.1pp
Operating margin9.2%+4.5pp
Net margin7.9%+5.4pp

Returns & leverage

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

Where this comes from

Reported directly by Ciena in its filing.

Tagged under the XBRL concept cien:MaintenanceSparesInventoryNetNonCurrent.

The official record: Ciena’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ciena's global services — maintenance spares, net?
Ciena (CIEN) reported global services — maintenance spares, net of $98.69M in Q1 2026.
How has Ciena's global services — maintenance spares, net changed year-over-year?
Ciena's global services — maintenance spares, net increased by 11.5% year-over-year, from $88.51M to $98.69M.
What is the long-term trend for Ciena's global services — maintenance spares, net?
Over 4 years (2021 to 2025), Ciena's global services — maintenance spares, net has grown at a 9.6% compound annual growth rate (CAGR), from $242.76M to $350.18M.
What does global services — maintenance spares, net mean?
The net value of spare parts inventory kept on hand to support customer maintenance needs.
How do you interpret global services — maintenance spares, net?
High levels may indicate a large installed base or supply chain caution, while low levels could risk service delivery delays.
How does global services — maintenance spares, net compare across companies?
Comparable to 'Service Parts Inventory' or 'Maintenance Inventory' in hardware-centric service businesses.