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Ciena CIEN EBITDA margin

EBITDA margin at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
27.5%+1.8pp
Keysight Technologies logo
Keysight TechnologiesKEYS
20.5%+1.2pp
Celestica logo
CelesticaCLS
9.9%+2.4pp
Credo Technology Group Holding Ltd logo
Credo Technology Group Holding LtdCRDO
35.9%+22.4pp
Coherent logo
CoherentCOHR
12%+5.3pp
Astera Labs, Inc. logo
Astera Labs, Inc.ALAB
23.3%+20.5pp

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$61.82B+716%
Enterprise value$62.35B+668%
P/E141×+68.8×
P/S11.1×+9.3×

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

Calculated from Ciena’s reported figures.

Based on trailing twelve months.

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 EBITDA margin?
Ciena (CIEN) reported EBITDA margin of 11.7% in Q1 2026.
How has Ciena's EBITDA margin changed year-over-year?
Ciena's EBITDA margin increased by 54.8% year-over-year, from 7.6% to 11.7%.
What is the long-term trend for Ciena's EBITDA margin?
Over 4 years (2021 to 2025), Ciena's EBITDA margin has grown at a -19.0% compound annual growth rate (CAGR), from 69% to 29.7%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.