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Ciena CIEN Deferred 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$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 us-gaap:ContractWithCustomerLiabilityCurrent.

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 itemMay 2,2026November 1,2025
Current liabilities:
Accounts payable$606,599$542,841
Accrued liabilities and other short-term obligations439,626531,081
Deferred revenue238,380208,936
Operating lease liabilities12,39613,956
Current portion of long-term debt11,58011,580
Total current liabilities1,308,5811,308,394
Long-term deferred revenue102,10794,850

Item 1. Financial Statements

FAQ

What is Ciena's deferred revenue?
Ciena (CIEN) reported deferred revenue of $238.38M in Q1 2026.
How has Ciena's deferred revenue changed year-over-year?
Ciena's deferred revenue increased by 7.5% year-over-year, from $221.84M to $238.38M.
What is the long-term trend for Ciena's deferred revenue?
Over 5 years (2020 to 2025), Ciena's deferred revenue has grown at a 14.0% compound annual growth rate (CAGR), from $108.7M to $208.94M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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