Ciena Corporation (CIEN) balance sheet
NYSE · Technology · Communication Equipment · 8,989 employees · CEO Gary Smith
- Price
- $320.72 -8.22%
- Market cap
- $45.5B
- Enterprise value
- $43.3B
- Last report
- Q3 '26 filed 2026-09-03
- Next report
- 2026-12-10 EPS est. $2.05
At the end of Q3 '26 Ciena Corporation (CIEN) held $2.63B in cash and short-term investments against $237M of debt incl. leases. Total assets $8B, total liabilities $4.94B, shareholders' equity $3.06B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $1.01B | $1.26B | $1.09B | $883M | $935M | $875M | $950M | $1.06B | $1.09B | $1.12B | $1.05B | $2.45B | |
| Short-term investments | $105M | $107M | $166M | $218M | $316M | $337M | $304M | $270M | $216M | $176M | $158M | $184M | |
| Receivables | $1.19B | $1.04B | $1.03B | $1.09B | $1.25B | $939M | $1.08B | $1.19B | $1.2B | $1.11B | $1.22B | $1.23B | |
| Inventory | $1.05B | $985M | $1.02B | $937M | $820M | $845M | $874M | $860M | $826M | $846M | $808M | $872M | |
| Other current assets | $41.8M | $43.3M | $42.4M | $45.1M | $45.4M | $496M | $354M | $310M | $88.5M | $9.89M | $12.4M | $527M | |
| Current assets | $3.55B | $3.59B | $3.52B | $3.52B | $3.52B | $3.49B | $3.56B | $3.69B | $3.57B | $3.54B | $3.57B | $5.26B | |
| Property, plant & equipment (net) | $315M | $316M | $305M | $328M | $365M | $25.1M | $388M | $40.3M | $38.6M | $40.5M | $38.5M | $45.7M | |
| Long-term investments | $134M | $104M | $213M | $134M | $80.9M | $105M | $92.1M | $64.4M | $57.1M | $69.9M | $200M | $214M | |
| Goodwill | $445M | $445M | $445M | $445M | $445M | $444M | $445M | $445M | $521M | $522M | $520M | $513M | |
| Intangible assets | $206M | $196M | $185M | $175M | $165M | $156M | $147M | $139M | $224M | $213M | $202M | $189M | |
| Deferred tax assets | $809M | $814M | $822M | $832M | $886M | $868M | $864M | $852M | $885M | $878M | $874M | $1.09B | |
| Other non-current assets | $116M | $133M | $124M | $124M | $155M | $482M | $159M | $522M | $573M | $629M | $636M | $681M | |
| Non-current assets | $2.03B | $2.01B | $2.09B | $2.04B | $2.1B | $2.08B | $2.1B | $2.06B | $2.3B | $2.35B | $2.47B | $2.73B | |
| Total assets | $5.6B | $5.59B | $5.61B | $5.58B | $5.64B | $5.57B | $5.66B | $5.75B | $5.86B | $5.89B | $6.04B | $8B | |
| Liabilities | |||||||||||||
| Accounts payable | $318M | $316M | $332M | $317M | $423M | $396M | $419M | $465M | $543M | $547M | $607M | $654M | |
| Accrued expenses | $189M | $124M | $162M | $8.81M | $37.4M | $362M | $381M | $436M | $6.1M | $9.83M | $5.99M | $284M | |
| Short-term debt | $11.7M | $11.7M | $11.7M | $11.7M | $11.7M | $11.6M | $11.6M | $11.6M | $11.6M | $11.6M | $11.6M | $12.3M | |
| Taxes payable | $16.3M | $8.15M | $7.44M | $6.54M | $35.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue | $154M | $167M | $197M | $179M | $156M | $174M | $222M | $196M | $209M | $290M | $238M | $211M | |
| Other current liabilities | $222M | $194M | $182M | $328M | $168M | $0 | $0 | $0 | $228M | $220M | $255M | $224M | |
| Current liabilities | $932M | $841M | $912M | $871M | $1B | $957M | $1.05B | $1.12B | $1.31B | $1.26B | $1.31B | $1.39B | |
| Long-term debt | $1.54B | $1.54B | $1.54B | $1.54B | $1.53B | $1.53B | $1.53B | $1.53B | $1.52B | $1.52B | $1.52B | $225M | |
| Lease obligations (non-current) | $81.5M | $32.4M | $28.5M | $26.7M | $68.6M | $22.8M | $35.1M | $34.5M | $32.5M | $34.1M | $32M | $0 | |
| Deferred revenue (non-current) | $74M | $76.6M | $80.4M | $77.6M | $81.2M | $83.1M | $83.2M | $81.1M | $94.9M | $100M | $102M | $0 | |
| Other non-current liabilities | $122M | $176M | $173M | $171M | $142M | $186M | $189M | $196M | $175M | $182M | $185M | $3.33B | |
| Non-current liabilities | $1.82B | $1.83B | $1.82B | $1.81B | $1.83B | $1.82B | $1.84B | $1.84B | $1.83B | $1.84B | $1.84B | $3.55B | |
| Total liabilities | $2.75B | $2.67B | $2.73B | $2.68B | $2.83B | $2.78B | $2.88B | $2.96B | $3.14B | $3.1B | $3.15B | $4.94B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $1.45M | $1.45M | $1.44M | $1.44M | $1.43M | $1.43M | $1.42M | $1.41M | $1.41M | $1.42M | $1.42M | $1.42M | |
| Retained earnings | -$3.38B | -$3.33B | -$3.34B | -$3.33B | -$3.29B | -$3.25B | -$3.24B | -$3.19B | -$3.17B | -$3.02B | -$2.8B | -$2.54B | |
| Accumulated other comprehensive income | -$37.8M | -$24.9M | -$21.7M | -$40.2M | -$46.7M | -$67.3M | -$39.6M | -$44.8M | -$55M | -$38.7M | -$40.1M | -$65M | |
| Shareholders' equity | $2.85B | $2.92B | $2.88B | $2.89B | $2.82B | $2.79B | $2.78B | $2.79B | $2.73B | $2.79B | $2.89B | $3.06B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $1.66B | $1.61B | $1.6B | $1.6B | $1.63B | $1.58B | $1.59B | $1.59B | $1.58B | $1.59B | $1.58B | $237M | |
| Net debt (debt - cash) | $647M | $344M | $510M | $713M | $697M | $704M | $639M | $531M | $490M | $465M | $535M | -$2.21B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $778M | $641M | $745M | $904M | $1.09B | $1.42B | $994M | $1.01B | $935M | $1.09B | |
| Short-term investments | $275M | $279M | $149M | $110M | $151M | $181M | $154M | $105M | $316M | $216M | |
| Receivables | $584M | $634M | $813M | $837M | $827M | $1B | $1.1B | $1.19B | $1.25B | $1.2B | |
| Inventory | $211M | $267M | $263M | $345M | $344M | $374M | $947M | $1.05B | $820M | $826M | |
| Other current assets | $42.4M | $40.9M | $37.6M | $40.5M | $44.9M | $44.3M | $70.6M | $41.8M | $45.4M | $88.5M | |
| Current assets | $1.99B | $1.98B | $2.12B | $2.37B | $2.6B | $3.17B | $3.39B | $3.55B | $3.52B | $3.57B | |
| Property, plant & equipment (net) | $288M | $308M | $292M | $287M | $329M | $329M | $313M | $315M | $365M | $38.6M | |
| Long-term investments | $90.2M | $49.8M | $59M | $10M | $82.2M | $70M | $35.4M | $134M | $80.9M | $57.1M | |
| Goodwill | $267M | $267M | $298M | $298M | $311M | $312M | $328M | $445M | $445M | $521M | |
| Intangible assets | $147M | $101M | $148M | $113M | $96.6M | $65.3M | $69.5M | $206M | $165M | $224M | |
| Deferred tax assets | $1.12M | $1.16B | $745M | $715M | $648M | $800M | $824M | $809M | $886M | $885M | |
| Other non-current assets | $75.9M | $63.6M | $71.7M | $89M | $103M | $99.9M | $114M | $116M | $155M | $573M | |
| Non-current assets | $869M | $1.95B | $1.61B | $1.51B | $1.57B | $1.68B | $1.68B | $2.03B | $2.1B | $2.3B | |
| Total assets | $2.88B | $3.95B | $3.76B | $3.89B | $4.18B | $4.87B | $5.07B | $5.6B | $5.64B | $5.86B | |
| Liabilities | |||||||||||
| Accounts payable | $236M | $260M | $341M | $345M | $292M | $356M | $516M | $318M | $423M | $543M | |
| Accrued expenses | $143M | $43.4M | $183M | $205M | $162M | $232M | $153M | $189M | $37.4M | $6.1M | |
| Short-term debt | $236M | $352M | $7M | $7M | $6.93M | $6.93M | $6.93M | $11.7M | $11.7M | $11.6M | |
| Taxes payable | $0 | $0 | $0 | $0 | $6.35M | $13.6M | $11.5M | $16.3M | $35.1M | $0 | |
| Deferred revenue | $109M | $102M | $111M | $111M | $109M | $118M | $138M | $154M | $156M | $209M | |
| Other current liabilities | $165M | $276M | $318M | $175M | $169M | $160M | $193M | $222M | $168M | $228M | |
| Current liabilities | $892M | $1.04B | $963M | $846M | $761M | $909M | $1.04B | $932M | $1B | $1.31B | |
| Long-term debt | $1.03B | $584M | $686M | $680M | $676M | $670M | $1.06B | $1.54B | $1.53B | $1.52B | |
| Lease obligations (non-current) | $24.3M | $73.4M | $68.2M | $65.3M | $123M | $104M | $95.6M | $81.5M | $68.6M | $32.5M | |
| Deferred revenue (non-current) | $73.9M | $82.6M | $58.3M | $45.5M | $49.7M | $57.5M | $62.3M | $74M | $81.2M | $94.9M | |
| Other non-current liabilities | $100M | $37.9M | $51.2M | $83.5M | $61.6M | $104M | $97.2M | $122M | $142M | $175M | |
| Non-current liabilities | $1.22B | $778M | $864M | $875M | $911M | $936M | $1.32B | $1.82B | $1.83B | $1.83B | |
| Total liabilities | $2.12B | $1.82B | $1.83B | $1.72B | $1.67B | $1.85B | $2.36B | $2.75B | $2.83B | $3.14B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $1.4M | $1.43M | $1.54M | $1.54M | $1.55M | $1.55M | $1.48M | $1.45M | $1.43M | $1.41M | |
| Retained earnings | -$5.93B | -$4.66B | -$4.95B | -$4.64B | -$4.28B | -$3.79B | -$3.63B | -$3.38B | -$3.29B | -$3.17B | |
| Accumulated other comprehensive income | -$24.3M | -$11M | -$5.78M | -$22.1M | -$35.4M | $439K | -$46.6M | -$37.8M | -$46.7M | -$55M | |
| Shareholders' equity | $766M | $2.14B | $1.93B | $2.17B | $2.51B | $3.02B | $2.71B | $2.85B | $2.82B | $2.73B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $1.29B | $936M | $693M | $755M | $828M | $804M | $1.19B | $1.66B | $1.63B | $1.58B | |
| Net debt (debt - cash) | $511M | $295M | -$52M | -$149M | -$260M | -$619M | $192M | $647M | $697M | $490M | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-08-01, 10-Q 2026-05-02, 10-Q 2026-01-31, 10-K 2025-11-01, 10-Q 2025-08-02, 10-Q 2025-05-03, 10-Q 2025-02-01, 10-K 2024-11-02, 10-Q 2024-07-27
Data as of 2026-11-02