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Ciena CIEN Net margin

Net margin at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
19.7%+2.1pp
Keysight Technologies logo
Keysight TechnologiesKEYS
17.3%
Celestica logo
CelesticaCLS
7%+2.8pp
Credo Technology Group Holding Ltd logo
Credo Technology Group Holding LtdCRDO
35.4%+23.4pp
Coherent logo
CoherentCOHR
1.7%+1.0pp
Astera Labs, Inc. logo
Astera Labs, Inc.ALAB
26.7%

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

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 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 4 years (2021 to 2025), Ciena's net margin has grown at a -32.4% compound annual growth rate (CAGR), from 48.4% to 10.1%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.