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Ciena CIEN Gross Profit

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Segments

By segment

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Networking Platforms$551.05M+71.6%
Platform Software and Services$80.88M+13.6%
Global Services$65.54M+22.7%
Blue Planet Automation Software and Services$7.39M-52.0%

Other financials

Income statement

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Revenue$1.6B+39.5%
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$68.61B+551%
Enterprise value$69.14B+519%
P/E156.5×+56.0×
P/S12.3×+9.8×

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

Calculated from Ciena’s reported figures.

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 gross profit?
Ciena (CIEN) reported gross profit of $691.55M in Q1 2026.
How has Ciena's gross profit changed year-over-year?
Ciena's gross profit increased by 52.7% year-over-year, from $452.84M to $691.55M.
What is the long-term trend for Ciena's gross profit?
Over 4 years (2021 to 2025), Ciena's gross profit has grown at a 3.9% compound annual growth rate (CAGR), from $1.72B to $2B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.