Ciena Corp
CIEN- Exchange
- NYSE
- Industry
- Telephone & Telegraph Apparatus
- SEC CIK
- 0000936395
In the last 90 days, Ciena Corp insiders filed 0 open-market purchases and 21 sales; 1,230 institutions reported holding it in 13F filings for Q2 2026, worth $64.6B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:01 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Nov 1, 2025 | Nov 2, 2024 | Oct 28, 2023 | Oct 29, 2022 | Oct 30, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Dec 11, 2025 | Dec 12, 2024 | Dec 7, 2023 | Dec 8, 2022 | Dec 9, 2021 |
| Revenue | $4.77B | $4.01B | $4.39B | $3.63B | $3.62B |
| Cost of revenue | $2.76B | $2.30B | $2.51B | $2.07B | $1.90B |
| Gross profit | $2.00B | $1.72B | $1.88B | $1.56B | $1.72B |
| Operating expenses | $1.81B | $1.55B | $1.52B | $1.34B | $1.23B |
| Research and development | $848.3M | $767.5M | $750.6M | $624.7M | $536.7M |
| Selling, general and administrative | $238.7M | $220.6M | $215.3M | $179.4M | $181.9M |
| Operating income | $197.5M | $166.6M | $357.5M | $222.8M | $495.4M |
| Interest expense | – | – | $88.0M | $47.0M | $30.8M |
| Income tax | $32.9M | $35.9M | $68.8M | $29.6M | -$37.4M |
| Net income | $123.3M | $84.0M | $254.8M | $152.9M | $500.2M |
| EPS, basic | $0.87 | $0.58 | $1.71 | $1.01 | $3.22 |
| EPS, diluted | $0.85 | $0.58 | $1.71 | $1.00 | $3.19 |
| Weighted shares, basic | 142.2M | 144.7M | 149.0M | 151.2M | 155.3M |
| Weighted shares, diluted | 145.2M | 146.0M | 149.4M | 152.2M | 156.7M |
| Margins and growth | |||||
| Gross margin | 42.0% | 42.8% | 42.8% | 43.0% | 47.6% |
| Operating margin | 4.1% | 4.1% | 8.2% | 6.1% | 13.7% |
| Net margin | 2.6% | 2.1% | 5.8% | 4.2% | 13.8% |
| Revenue growth, year over year | +18.8% | −8.5% | +20.8% | +0.3% | +2.5% |
| Net income growth, year over year | +46.9% | −67.1% | +66.7% | −69.4% | +38.4% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Nov 1, 2025 | Nov 2, 2024 | Oct 28, 2023 | Oct 29, 2022 | Oct 30, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Dec 11, 2025 | Dec 12, 2024 | Dec 7, 2023 | Dec 8, 2022 | Dec 9, 2021 |
| Cash and equivalents | $1.09B | $934.9M | $1.01B | $994.4M | $1.42B |
| Short-term investments | $216.1M | $316.3M | $104.8M | $154.0M | $181.5M |
| Accounts receivable | $975.9M | $908.6M | $1.00B | $920.8M | $885.0M |
| Inventory | $826.2M | $820.4M | $1.05B | $946.7M | $374.3M |
| Total current assets | $3.57B | $3.54B | $3.58B | $3.39B | $3.19B |
| Goodwill | $521.2M | $444.7M | $444.8M | $328.3M | $311.6M |
| Intangible assets | $224.2M | $165.0M | $205.6M | $69.5M | $65.3M |
| Total assets | $5.86B | $5.64B | $5.60B | $5.07B | $4.87B |
| Accounts payable | $542.8M | $423.4M | $317.8M | $516.0M | $356.2M |
| Short-term debt | $11.6M | $11.7M | $11.7M | $6.93M | $6.93M |
| Total current liabilities | $1.31B | $999.8M | $932.0M | $1.04B | $909.0M |
| Long-term debt | $1.52B | $1.53B | $1.54B | $1.06B | $670.4M |
| Total liabilities | $3.14B | $2.83B | $2.75B | $2.36B | $1.85B |
| Shareholders' equity | $2.73B | $2.82B | $2.85B | $2.71B | $3.02B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Nov 1, 2025 | Nov 2, 2024 | Oct 28, 2023 | Oct 29, 2022 | Oct 30, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Dec 11, 2025 | Dec 12, 2024 | Dec 7, 2023 | Dec 8, 2022 | Dec 9, 2021 |
| Operating cash flow | $806.1M | $514.5M | $168.3M | -$167.8M | $541.6M |
| Capital expenditures | $140.8M | $136.6M | $106.2M | $90.8M | $79.5M |
| Free cash flow | $665.3M | $377.9M | $62.1M | -$258.6M | $462.1M |
| Stock-based compensation | $184.5M | $156.4M | $130.5M | $105.1M | $84.3M |
| Share buybacks | $334.5M | $254.5M | $242.2M | $500.8M | $91.3M |
| Investing cash flow | -$241.5M | -$306.5M | -$383.5M | -$101.2M | -$90.7M |
| Financing cash flow | -$405.9M | -$285.1M | $229.4M | -$133.1M | -$116.8M |
| Net change in cash | $157.2M | -$75.8M | $16.4M | -$428.2M | $333.9M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 3.9% | 3.9% | 3.0% | 2.9% | 2.3% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Aug 28, 2026 | 141.8M | +0.5% | SEC |
| May 29, 2026 | 141.6M | +0.1% | SEC |
| Feb 27, 2026 | 141.4M | −0.5% | SEC |
| Dec 5, 2025 | 140.9M | −0.9% | SEC |
| Aug 29, 2025 | 141.1M | −2.3% | SEC |
| May 30, 2025 | 141.4M | −1.6% | SEC |
| Mar 7, 2025 | 142.1M | −1.7% | SEC |
| Dec 13, 2024 | 142.1M | −1.9% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.