Bilaal.Raja
Company record

CIEN  CIENA CORP

Trailing twelve months to 2026-08-01, as filed 2026-09-03 and not restated since.
Technology

Scale

Market cap
$55.4bn
Revenue TTM
$6.0bn
Net income TTM
$654m
Free cash flow
$814m
Composite score
39.5
Sector rank
#217

Valuation

P / E
84.6
EV / EBITDA
63.1
EV / sales
9.3
FCF yield
1.47%
Yield vs 10-yr
-4.10pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
10.9%
EBITDA margin
14.7%
ROE
21.4%
ROIC
20.2%
Revenue growth
32.6%

Insider activity, last 90 days

Net open-market
$-19.37m
Buyers
0
Sellers
10

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Networks continue to experience strong demand for increased bandwidth due to traffic growth, which is being driven by a diverse set of services, technologies, and customer needs. Our revenue increased by 37% to $1.7 billion in the third quarter of fiscal 2026 as compared to $1.2 billion in the third quarter of fiscal 2025, with orders for our products and services significantly exceeding our revenue. Gross Margin Dynamics Our gross margin increased to 45.4% in the third quarter of fiscal 2026, compared to 41.3% in the third quarter of fiscal 2025, primarily due to higher product gross margin associated with cost reduction, pricing optimization, product mix, and tariff refunds. …CIENA CORP, 10-Q, period ended 2026-08-01, filed 2026-09-03

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