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Ciena CIEN Platform Software and Services — Maintenance spares, net

Other segment segments

Global Services
$98.69M+11.5%
Blue Planet Automation Software and Services
$0
Networking Platforms
$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, net98,690$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 platform software and services — maintenance spares, net?
Ciena (CIEN) reported platform software and services — maintenance spares, net of $0 in Q1 2026.
What does platform software and services — maintenance spares, net mean?
This metric tracks the net value of maintenance spares and inventory held to support the service obligations of the Platform Software and Services segment. It represents the capital tied up in physical components required to fulfill service-level agreements and maintain customer network uptime. Efficient management of these spares is critical for balancing customer satisfaction with working capital requirements.

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