What is Ciena's networking platforms — maintenance spares, net?

Ciena (CIEN) reported networking platforms — maintenance spares, net of $0 in Q1 2026.

What does networking platforms — maintenance spares, net mean?

The value of inventory kept on hand to repair and maintain networking equipment for customers.

How do you interpret networking platforms — maintenance spares, net?

An increase may signal a larger installed base or a need for better inventory management, while a decrease could indicate improved supply chain efficiency or reduced service obligations.

How does networking platforms — maintenance spares, net compare across companies?

Comparable to service inventory or spare parts inventory in telecommunications and industrial equipment sectors.

Ciena CIEN Networking Platforms — Maintenance spares, net

Other segment segments

Global Services

$98.69M+11.5%

Blue Planet Automation Software and Services

$0—

Platform Software and Services

$0—

Similar metrics at other companies

VSTMaterials and supplies — Inventories — net

$603M—

NTAPMaintenance — Cost of Goods Sold

$7M0.0%

MKSIOperating Segments — Inventory Net

$365.71M+28.1%

MKSIPhotonics Solutions Division — Inventory Net

$278M+8.2%

NTAPHardware Maintenance And Other Services — Cost of Goods Sold

$98M+7.7%

MKSIEquipment Solutions Division — Inventory Net

$67M—

Other financials

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+70.6%

Valuation

See full

Market cap$60.62B+716%

Enterprise value$61.15B+668%

P/E138.3×+67.4×

P/S10.9×+9.1×

Profitability

See full

Gross margin43%+1.1pp

Operating margin9.2%+4.5pp

Net margin7.9%+5.4pp

Returns & leverage

See full

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 →

Ask your AI about Ciena's networking platforms — maintenance spares, net.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Ciena's networking platforms — maintenance spares, net?: Ciena (CIEN) reported networking platforms — maintenance spares, net of $0 in Q1 2026.
What does networking platforms — maintenance spares, net mean?: The value of inventory kept on hand to repair and maintain networking equipment for customers.
How do you interpret networking platforms — maintenance spares, net?: An increase may signal a larger installed base or a need for better inventory management, while a decrease could indicate improved supply chain efficiency or reduced service obligations.
How does networking platforms — maintenance spares, net compare across companies?: Comparable to service inventory or spare parts inventory in telecommunications and industrial equipment sectors.