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Ciena CIEN Net margin

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19.7%+2.1pp
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-3.2%-1.4pp
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CalixCALX
4.6%+3.3pp
Ribbon Communications Inc. logo
Ribbon Communications Inc.RBBN
2%
Coherent logo
CoherentCOHR
1.7%+1.0pp
Keysight Technologies logo
Keysight TechnologiesKEYS
17.3%

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$53.37B+307%
Enterprise value$53.9B+295%
P/E121.8×+28.8×
P/S9.6×+6.7×

Profitability

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Gross margin43%+1.1pp
Operating margin9.2%+4.5pp
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.

Based on trailing twelve months.

The source filing: Ciena’s 10-Q, filed June 4, 2026. Open the filing →

Filed
Jun 4, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-040767

FAQ

What is Ciena's net margin?
Ciena (CIEN) reported net margin of 7.9% in Q1 2026.
How has Ciena's net margin changed year-over-year?
Ciena's net margin increased by 220.3% year-over-year, from 2.5% to 7.9%.
What is the long-term trend for Ciena's net margin?
Over 5 years (2020 to 2025), Ciena's net margin has grown at a -24.0% compound annual growth rate (CAGR), from 10.2% to 2.6%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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