CIEN

— Fundamental Stock Analysis and Report Card

Technology : Communication Equipment

Located in Hanover, MD, US. Ciena Corporation is a global technology company focused on telecommunications infrastructure. It delivers integrated solutions – including specialized hardware, software applications, and professional services – designed to facilitate the efficient transmission, routing, switching, aggregation, delivery, and overall management of video, data, and voice traffic across communication networks worldwide. Within its Networking Platforms division, Ciena develops and supplies advanced hardware and integrated solutions. These products are specifically engineered to optimize the convergence of various optical transport methods (like coherent optical transport and optical transport network switching) with packet switching, enabling high-performance data handling. The product portfolio spans a range of packet-optical platforms (e.g., the 6500, 5400, and Z-Series), reconfigurable switching systems (such as the 5430), Waveserver interconnect systems, and dedicated switches for service delivery and aggregation (including the 3000 and 5000 families). This segment also provides the essential operating system software and advanced features embedded within its hardware offerings. Ciena's Blue Planet Automation Software and Services arm is dedicated to intelligent network automation. It offers solutions for orchestrating services across multiple network domains, maintaining precise network inventory, optimizing data routes, coordinating virtualized network functions (NFV), and delivering insightful analytics, alongside related support. The Platform Software and Services segment provides unified management platforms, exemplified by its OneControl system, as well as other software tools for comprehensive network planning, operational control, and ongoing oversight. Finally, the Global Services segment delivers end-to-end client support. This includes strategic consulting, detailed network architecture design, expert installation and deployment, ongoing maintenance, and comprehensive training programs. The company distributes its cutting-edge products and services to network operators through both direct sales forces and indirect channel partners. Established in 1992, Ciena Corporation maintains its corporate headquarters in Hanover, Maryland.

Growth

Revenue, earnings and profitability.

Strong revenue growth and earnings can attract investors, driving the stock price up. Profitability indicates the company's efficiency and sustainability, which impacts investor confidence. Poor performance in these areas can lead to a decrease in stock price.

Revenue History

Earnings History

Margins

Gross Margin TTM
43.05%
EBITDA Margin TTM
13.12%
Net Margin TTM
7.87%
Earnings Per Share TTM
3.09
Statements

Income & Cash Flow analysis.

An income statement shows what a company earned and spent over a period — revenue at the top, costs and expenses in between, and net income at the bottom. A cash flow statement tracks the actual cash moving in and out, across operations, investing, and financing. Read together, they show whether reported earnings are backed by real cash.

Ciena Corporation
Select Period:
Q2 2026
Total ($)
Q2 2026
Margin (%)
Revenue
1.6b
+444.9m
+39.5%
Gross Income
691.6m
+238.7m
+52.7%
44%
+3.8pp
+9.5%
EBITDA
298.1m
+221.6m
+290.0%
19%
+12.2pp
+179.5%
Operating Income
237.9m
+203.1m
+583.7%
15%
+12.1pp
+390.1%
Net Income
218.2m
+209.3m
+2.3k%
14%
+13.1pp
+1.6k%
Earnings Per Share
1.54
+1.5
+2.3k%
Operating Cash Flow
259.7m
+102.8m
+65.5%
17%
+2.6pp
+18.6%
Free Cash Flow
218.7m
+90.4m
+70.5%
14%
+2.5pp
+22.2%
Research & Development
237.9m
+23.0m
+10.7%
15%
-3.9pp
-20.6%
Recommendations

What are the analysts saying?

Analyst Consensus aggregates Wall Street recommendations into buy/hold/sell counts, while the Fundamental Scorecard grades the company on six financial ratios (P/B, P/E, D/E, ROA, ROE, DCF) plus an overall score. The two measure different things and can point in different directions.

Analyst Consensus
Fundamental Scorecard
Recent Upgrades & Downgrades
Bank of America Securities
4 months ago
Wolfe Research
4 months ago
Raymond James
4 months ago
Exane BNP Paribas
9 months ago