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Ciena CIEN Services — Total Revenue

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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$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
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:Revenues.

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 services — total revenue?
Ciena (CIEN) reported services — total revenue of $259.25M in Q1 2026.
How has Ciena's services — total revenue changed year-over-year?
Ciena's services — total revenue increased by 14.1% year-over-year, from $227.3M to $259.25M.
What is the long-term trend for Ciena's services — total revenue?
Over 4 years (2021 to 2025), Ciena's services — total revenue has grown at a 8.3% compound annual growth rate (CAGR), from $688.08M to $946.89M.
What does services — total revenue mean?
This metric represents the total gross revenue generated from providing maintenance, support, installation, and professional services to network infrastructure clients. It reflects the company's ability to monetize its installed base through long-term service contracts and technical consulting engagements. Growth in this area often indicates high customer retention and an expanding footprint of deployed hardware.