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Ciena CIEN Global Services — Maintenance spares, net

Other segment segments

Blue Planet Automation Software and Services
$0—
Networking Platforms
$0—
Platform Software and Services
$0—

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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+70.5%

Valuation

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Market cap$57.15B+329%
Enterprise value$57.68B+316%
P/E130.4×+35.8×
P/S10.3×+7.3×

Profitability

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

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 source filing: Ciena’s 10-Q, filed June 4, 2026.

Filed
Jun 4, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-040767
Line itemNetworking PlatformsPlatform Software and ServicesBlue Planet Automation Software and ServicesGlobal ServicesTotal
Other intangible assets, net$202,190———$202,190
Goodwill$275,161156,19189,049—$520,401
Maintenance spares, net———98,690$98,690
Total assets assigned to segments$821,281
Other unallocated assets5,218,168
Total assets$6,039,449

Item 1. Financial Statements

FAQ

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?
This metric represents the net value of inventory held specifically for maintenance and repair services, such as replacement parts for networking hardware. It is a critical component of the company's ability to fulfill service-level agreements and support customer uptime.

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