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Ciena CIEN Inventories

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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+70.6%

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 us-gaap:InventoryGross.

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 inventories?
Ciena (CIEN) reported inventories of $965.18M in Q1 2026.
How has Ciena's inventories changed year-over-year?
Ciena's inventories decreased by 2.7% year-over-year, from $992.35M to $965.18M.
What is the long-term trend for Ciena's inventories?
Over 5 years (2020 to 2025), Ciena's inventories has grown at a 20.0% compound annual growth rate (CAGR), from $384.02M to $955.64M.
What does inventories mean?
The total value of all products, parts, and materials currently held by the company for production or sale.
How do you interpret inventories?
Rising inventory levels may signal anticipated demand growth or, conversely, a buildup of unsold products due to slowing sales.
How does inventories compare across companies?
High inventory levels are typical for hardware manufacturers managing complex global supply chains and component lead times.