Ciena Corporation (CIEN) income statement
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
Ciena Corporation (CIEN) reported revenue of $1.67B for Q3 '26 (+37.0% year on year), operating income of $301M (18.0% of revenue) and net income of $266M. Over the last four quarters revenue was $6.02B.
Income statement
| Income statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.13B | $1.04B | $942M | $942M | $1.12B | $1.07B | $1.13B | $1.22B | $1.35B | $1.43B | $1.57B | $1.67B | |
| Cost of revenue | $643M | $571M | $538M | $538M | $664M | $600M | $673M | $716M | $775M | $802M | $879M | $912M | |
| Gross profit | $486M | $467M | $404M | $404M | $460M | $472M | $453M | $503M | $577M | $626M | $692M | $759M | |
| Research & development | $189M | $187M | $189M | $189M | $196M | $193M | $215M | $212M | $229M | $221M | $238M | $237M | |
| Sales & marketing | $124M | $128M | $122M | $122M | $137M | $137M | $140M | $149M | $156M | $149M | $150M | $154M | |
| General & administrative | $64.1M | $54.7M | $58.2M | $58.2M | $58.1M | $53.9M | $57M | $60.6M | $67.3M | $59.2M | $61.2M | $62.8M | |
| Other operating expenses | $17.8M | $12.2M | $8.55M | $8.55M | $9.79M | $6.55M | $6.55M | $6.56M | $6.11M | $4.74M | $4.52M | $4.6M | |
| Operating expenses | $395M | $382M | $377M | $377M | $401M | $390M | $418M | $428M | $459M | $434M | $454M | $458M | |
| Operating income | $91.3M | $84.6M | $26.7M | $26.7M | $59.2M | $82.2M | $34.8M | $75.3M | $118M | $191M | $238M | $301M | |
| Interest income | $14.6M | $15.2M | $15.9M | $15.9M | $15.8M | $13.7M | $13.4M | $16.2M | $11.7M | $16.7M | $13.1M | $22.2M | |
| Interest expense | $24.2M | $23.8M | $25.2M | $25.2M | $25.4M | $23.4M | $23.6M | $22.8M | $22M | $21.3M | $20.9M | $5.8M | |
| Other non-operating income (gains on investments, FX ...) | -$3.42M | -$10.7M | -$14.8M | -$14.8M | -$14.2M | -$9.8M | -$7.78M | -$13.4M | $93.7M | -$11.2M | $6.81M | -$15.2M | |
| Total non-operating income | -$20.8M | -$13.1M | -$10.4M | -$10.4M | -$11.2M | -$13.6M | -$15.8M | -$9.49M | -$116M | -$10.1M | -$6.81M | $9.44M | |
| Income before tax | $70.5M | $71.5M | $16.4M | $16.4M | $48M | $68.6M | $19M | $65.8M | $2.86M | $181M | $231M | $311M | |
| Income tax | -$20.7M | $22M | $2.13M | $2.13M | $11M | $24M | $10M | $15.5M | -$16.6M | $30.8M | $12.8M | $44.2M | |
| Net income | $91.2M | $49.5M | $14.2M | $14.2M | $37M | $44.6M | $8.97M | $50.3M | $19.5M | $150M | $218M | $266M | |
| EPS (basic) | $0.62 | $0.34 | $0.10 | $0.10 | $0.26 | $0.31 | $0.06 | $0.35 | $0.14 | $1.06 | $1.54 | $1.88 | |
| EPS (diluted) | $0.62 | $0.34 | $0.10 | $0.10 | $0.25 | $0.31 | $0.06 | $0.35 | $0.13 | $1.03 | $1.49 | $1.83 | |
| Shares (basic, weighted) | 147M | 145M | 145M | 144M | 145M | 143M | 143M | 142M | 142M | 142M | 142M | 142M | |
| Shares (diluted, weighted) | 148M | 146M | 145M | 145M | 146M | 146M | 145M | 144M | 145M | 146M | 146M | 146M | |
| Depreciation & amortization | $36.7M | $32.8M | $33.9M | $32.9M | $33.8M | $33.5M | $33.9M | $35.7M | $37.4M | $43.8M | $67M | $48.7M | |
| EBITDA | $131M | $128M | $75.4M | $74.5M | $107M | $125M | $76.4M | $124M | $62.2M | $246M | $298M | $365M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6B | $2.8B | $3.09B | $3.57B | $3.53B | $3.62B | $3.63B | $4.39B | $4.01B | $4.77B | |
| Cost of revenue | $1.44B | $1.56B | $1.78B | $2.03B | $1.88B | $1.9B | $2.07B | $2.51B | $2.3B | $2.76B | |
| Gross profit | $1.16B | $1.25B | $1.31B | $1.54B | $1.65B | $1.72B | $1.56B | $1.88B | $1.72B | $2B | |
| Research & development | $452M | $475M | $492M | $548M | $530M | $537M | $625M | $751M | $767M | $848M | |
| Sales & marketing | $350M | $356M | $394M | $423M | $416M | $452M | $467M | $491M | $511M | $581M | |
| General & administrative | $133M | $143M | $160M | $174M | $170M | $182M | $179M | $215M | $221M | $239M | |
| Other operating expenses | $71.1M | $57M | $39M | $49.7M | $50.1M | $55.9M | $32.5M | $37.4M | $29.6M | $25.8M | |
| Operating expenses | $1.01B | $1.03B | $1.08B | $1.2B | $1.17B | $1.23B | $1.3B | $1.49B | $1.53B | $1.69B | |
| Operating income | $156M | $215M | $230M | $347M | $487M | $495M | $257M | $385M | $191M | $311M | |
| Interest income | $4.06M | $6.58M | $13.7M | $14.4M | $6.86M | $2.05M | $10.1M | $45M | $62.1M | $55M | |
| Interest expense | $56.7M | $55.9M | $55.2M | $37.5M | $31.3M | $31.4M | $53M | $93.1M | $98.6M | $91.8M | |
| Other non-operating income (gains on investments, FX ...) | $12.8M | $2.74M | $25.9M | -$3.88M | -$318K | $1.24M | $21.8M | -$31.9M | -$27.3M | $62.7M | |
| Total non-operating income | -$69.5M | -$58.6M | -$81.2M | -$33.6M | -$31M | -$32.6M | -$74.7M | -$61.2M | -$71.4M | -$155M | |
| Income before tax | $86.7M | $156M | $149M | $313M | $456M | $463M | $183M | $324M | $120M | $156M | |
| Income tax | $14.1M | -$1.11B | $493M | $59.8M | $94.7M | -$37.4M | $29.6M | $68.8M | $35.9M | $32.9M | |
| Net income | $72.6M | $1.26B | -$345M | $253M | $361M | $500M | $153M | $255M | $84M | $123M | |
| EPS (basic) | $0.52 | $8.89 | -$2.49 | $1.63 | $2.34 | $3.22 | $1.01 | $1.71 | $0.58 | $0.87 | |
| EPS (diluted) | $0.51 | $7.53 | -$2.40 | $1.61 | $2.32 | $3.19 | $1.00 | $1.71 | $0.58 | $0.85 | |
| Shares (basic, weighted) | 138M | 142M | 139M | 156M | 154M | 155M | 151M | 149M | 145M | 142M | |
| Shares (diluted, weighted) | 151M | 170M | 144M | 158M | 156M | 157M | 152M | 149M | 146M | 145M | |
| Depreciation & amortization | $142M | $123M | $110M | $123M | $133M | $132M | $140M | $142M | $133M | $140M | |
| EBITDA | $285M | $335M | $314M | $473M | $620M | $626M | $376M | $559M | $352M | $388M |
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.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe 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