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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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NTAPHardware Maintenance And Other Services — Cost of Goods Sold
$98M+7.7%
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NTAPSoftware Maintenance — Cost of Goods Sold
$28M+133%
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MKSIOperating Segments — Inventory Net
$365.71M+28.1%

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 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?
The net value of spare parts and inventory kept on hand to support service and maintenance contracts.
How do you interpret platform software and services — maintenance spares, net?
An increase may signal higher service obligations or potential inventory obsolescence, while a decrease suggests improved inventory turnover or reduced service footprint.
How does platform software and services — maintenance spares, net compare across companies?
Comparable to service inventory or spare parts logistics metrics in hardware-centric technology and telecommunications companies.