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Ciena CIEN Quick ratio

Quick ratio at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
0.8×-0.1×
Keysight Technologies logo
Keysight TechnologiesKEYS
1.5×-1.2×
Celestica logo
CelesticaCLS
0.7×-0.1×
Credo Technology Group Holding Ltd logo
Credo Technology Group Holding LtdCRDO
8.9×+3.1×
Coherent logo
CoherentCOHR
+0.5×
Astera Labs, Inc. logo
Astera Labs, Inc.ALAB
10.8×-2.4×

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 the most recent quarter.

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 quick ratio?
Ciena (CIEN) reported quick ratio of 2× in Q1 2026.
How has Ciena's quick ratio changed year-over-year?
Ciena's quick ratio decreased by 19.0% year-over-year, from 2.5× to 2×.
What is the long-term trend for Ciena's quick ratio?
Over 4 years (2021 to 2025), Ciena's quick ratio has grown at a -6.3% compound annual growth rate (CAGR), from 12.3× to 9.5×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.