How has Ciena's networking platforms — total segment gross profit changed year-over-year?

Ciena's networking platforms — total segment gross profit increased by 71.6% year-over-year, from $321.1M to $551.05M.

Ciena (CIEN) Networking Platforms — Total segment gross profit

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Other segment segments

Platform Software and Services

$80.88M+13.6%

Global Services

$65.54M+22.7%

Blue Planet Automation Software and Services

$7.39M-52.0%

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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$57.87B+334%

Enterprise value$58.4B+321%

P/E132×+37.4×

P/S10.4×+7.5×

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 us-gaap:GrossProfit.

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 item	Quarter Ended / May 2, 2026	Quarter Ended / May 3, 2025	Six Months Ended / May 2, 2026	Six Months Ended / May 3, 2025
Global Services	179,422	146,171	343,492	276,190
Total revenue	$1,570,739	$1,125,878	$2,997,781	$2,198,138
Segment gross profit:
Networking Platforms	$551,054	$321,098	$1,042,735	$656,081
Platform Software and Services	80,875	71,196	161,854	152,951
Blue Planet Automation Software and Services	7,386	15,393	12,962	30,182
Global Services	65,540	53,396	125,456	101,078
Total segment gross profit	$704,855	$461,083	$1,343,007	$940,292

Item 1. Financial Statements

FAQ

What is Ciena's networking platforms — total segment gross profit?: Ciena (CIEN) reported networking platforms — total segment gross profit of $551.05M in Q1 2026.
How has Ciena's networking platforms — total segment gross profit changed year-over-year?: Ciena's networking platforms — total segment gross profit increased by 71.6% year-over-year, from $321.1M to $551.05M.
What does networking platforms — total segment gross profit mean?: This metric measures the profitability of the networking platforms segment after accounting for the direct costs of manufacturing and delivering the hardware. It serves as a key indicator of the segment's pricing power and manufacturing efficiency. Higher margins suggest effective cost management and a favorable product mix within the hardware portfolio.