Ciena Corporation (CIEN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 3.57B | 3.54B | 3.57B | 3.69B | 3.56B | 3.49B | 3.52B | 3.52B | 3.52B | 3.59B | 3.55B | 3.79B | 3.87B | 3.76B | 3.39B | 3.19B | 3.23B | 3.16B | 3.17B | 2.98B |
| Cash & Short-Term Investments | 1.2B | 1.3B | 1.31B | 1.33B | 1.25B | 1.21B | 1.25B | 1.1B | 1.26B | 1.37B | 1.12B | 1.26B | 1.32B | 1.15B | 1.15B | 1.18B | 1.55B | 1.58B | 1.6B | 1.41B |
| Cash Only | 1.05B | 1.12B | 1.09B | 1.06B | 949.77M | 874.75M | 934.86M | 883.37M | 1.09B | 1.26B | 1.01B | 1.12B | 1.17B | 1.05B | 994.35M | 859.69M | 1.02B | 1.12B | 1.42B | 1.23B |
| Short-Term Investments | 157.71M | 176.31M | 216.15M | 270.38M | 304.18M | 337.32M | 316.34M | 217.81M | 165.62M | 106.68M | 104.75M | 141.84M | 150.46M | 100.42M | 153.99M | 321.82M | 529.55M | 460.37M | 181.48M | 182.01M |
| Accounts Receivable | 1.05B | 1.11B | 975.86M | 1.19B | 1.08B | 938.7M | 1.25B | 1.09B | 1.03B | 1.04B | 1.19B | 1.16B | 1.26B | 1.23B | 1.1B | 974.81M | 933.88M | 924.2M | 1B | 996.08M |
| Days Sales Outstanding | 62.75 | 66.62 | 72.89 | 84.76 | 81.64 | 92.87 | 101.78 | 102.18 | 99.89 | 94.36 | 97.58 | 102.91 | 99.86 | 98.09 | 99.4 | 100.05 | 89.06 | 102.79 | 88.37 | 83.46 |
| Inventory | 808.45M | 845.82M | 826.24M | 860.4M | 874.33M | 845.13M | 820.43M | 937.4M | 1.02B | 984.89M | 1.05B | 1.19B | 1.1B | 1.18B | 946.73M | 826.67M | 536.88M | 457.6M | 374.26M | 370.17M |
| Days Inventory Outstanding | 85.61 | 94.92 | 99.05 | 110.19 | 116.24 | 126.21 | 129.7 | 165.65 | 169.66 | 156.94 | 163.93 | 168.39 | 160.57 | 157.44 | 153.44 | 117.68 | 82.65 | 81.33 | 60.68 | 68.34 |
| Other Current Assets | 504.31M | 281.71M | 455.32M | 309.57M | 354.48M | 495.81M | 45.39M | 45.09M | 42.37M | 43.31M | 41.8M | 44.27M | 75.33M | 72.76M | 70.57M | 69.17M | 67.54M | 72.15M | 44.3M | 59.08M |
| Total Non-Current Assets | 2.47B | 2.35B | 2.3B | 2.06B | 2.1B | 2.08B | 2.1B | 2.04B | 2.09B | 2.01B | 2.03B | 1.91B | 1.91B | 1.91B | 1.68B | 1.71B | 1.74B | 1.74B | 1.68B | 1.67B |
| Property, Plant & Equipment | 38.46M | 40.48M | 38.61M | 40.35M | 388M | 25.11M | 365.14M | 327.88M | 304.56M | 316.04M | 315.29M | 327.94M | 319.46M | 327.42M | 312.89M | 327.14M | 324.21M | 319.46M | 329.25M | 337.87M |
| Fixed Asset Turnover | 39.79x | 36.08x | 34.24x | 5.69x | 5.45x | 5.50x | 3.24x | 2.98x | 3.04x | 3.29x | 3.51x | 3.30x | 3.50x | 3.30x | 3.03x | 2.67x | 2.95x | 2.60x | 3.12x | 2.88x |
| Goodwill | 520.4M | 521.71M | 521.2M | 444.83M | 444.81M | 444.31M | 444.71M | 444.79M | 444.92M | 445.08M | 444.76M | 446.6M | 446.36M | 446.55M | 328.32M | 328.98M | 328.92M | 322.82M | 311.64M | 311.57M |
| Intangible Assets | 202.19M | 212.69M | 224.21M | 138.67M | 147.46M | 156.21M | 165.02M | 174.97M | 184.94M | 195.68M | 205.63M | 219.09M | 231.31M | 244.65M | 69.52M | 76.92M | 88.96M | 101.03M | 65.31M | 73.97M |
| Long-Term Investments | 200.11M | 69.88M | 57.14M | 64.4M | 92.12M | 105.03M | 80.92M | 133.56M | 212.73M | 103.86M | 134.28M | 21.1M | 25.24M | 3.24M | 56.08M | 77.72M | 87.14M | 88.64M | 70.04M | 60.89M |
| Other Non-Current Assets | 636.15M | 628.73M | 573.1M | 522.41M | 159.08M | 482.1M | 154.69M | 123.78M | 124.45M | 132.64M | 116.45M | 104.85M | 89.58M | 90.85M | 92.92M | 104.3M | 108.12M | 104.71M | 99.89M | 102.73M |
| Total Assets | 6.04B | 5.89B | 5.86B | 5.75B | 5.66B | 5.57B | 5.64B | 5.58B | 5.61B | 5.59B | 5.6B | 5.72B | 5.78B | 5.67B | 5.07B | 4.9B | 4.96B | 4.9B | 4.87B | 4.66B |
| Asset Turnover | 0.26x | 0.24x | 0.23x | 0.21x | 0.20x | 0.19x | 0.20x | 0.17x | 0.17x | 0.19x | 0.20x | 0.19x | 0.20x | 0.20x | 0.19x | 0.18x | 0.19x | 0.17x | 0.22x | 0.22x |
| Asset Growth % | 6.72% | 5.73% | 3.96% | 3.11% | 0.79% | -0.36% | 0.71% | -2.59% | -2.78% | -1.4% | 10.49% | 16.78% | 16.35% | 15.76% | 4.2% | 5.26% | 13.13% | 17.04% | 16.37% | 14.81% |
| Total Current Liabilities | 1.31B | 1.26B | 1.31B | 1.12B | 1.05B | 956.52M | 999.84M | 870.56M | 912.19M | 841.31M | 932.02M | 965.74M | 1.06B | 1.02B | 1.04B | 915.34M | 868.76M | 760.33M | 909.03M | 827.09M |
| Accounts Payable | 606.6M | 547.22M | 542.84M | 464.68M | 419.08M | 395.77M | 423.4M | 316.6M | 332.11M | 316.09M | 317.83M | 393.14M | 444.77M | 478.49M | 516.05M | 439.23M | 353M | 310.11M | 356.18M | 301.61M |
| Days Payables Outstanding | 59.71 | 61.88 | 59.17 | 56.14 | 55.09 | 62.08 | 54.6 | 54.83 | 54.78 | 48.87 | 51.95 | 61.6 | 65.13 | 73.69 | 82.66 | 68.37 | 55.11 | 65.14 | 53.61 | 51.46 |
| Short-Term Debt | 11.58M | 29.82M | 11.58M | 11.58M | 11.58M | 11.58M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.93M | 11.93M | 11.93M | 6.93M | 6.93M | 6.93M | 6.93M | 6.93M | 6.93M |
| Deferred Revenue (Current) | 238.38M | 290.42M | 208.94M | 196.21M | 221.84M | 174.15M | 156.38M | 179.46M | 196.99M | 166.71M | 154.42M | 188.1M | 202.82M | 164.76M | 137.9M | 147.81M | 156.4M | 124.96M | 118.01M | 126.18M |
| Other Current Liabilities | 0 | 382.38M | 227.97M | 0 | 0 | 0 | 168.3M | 327.59M | 181.59M | 193.95M | 222.09M | 182.34M | 300.61M | 275.87M | 192.82M | 166.94M | 165.53M | 150.41M | 159.77M | 159.67M |
| Current Ratio | 2.73x | 2.81x | 2.73x | 3.28x | 3.40x | 3.65x | 3.52x | 4.04x | 3.86x | 4.26x | 3.81x | 3.92x | 3.66x | 3.70x | 3.25x | 3.48x | 3.72x | 4.16x | 3.48x | 3.61x |
| Quick Ratio | 2.11x | 2.14x | 2.09x | 2.52x | 2.57x | 2.77x | 2.70x | 2.97x | 2.74x | 3.09x | 2.68x | 2.69x | 2.62x | 2.54x | 2.34x | 2.58x | 3.10x | 3.56x | 3.07x | 3.16x |
| Cash Conversion Cycle | 88.65 | 99.66 | 112.77 | 138.81 | 142.8 | 157 | 176.88 | 213.01 | 214.77 | 202.42 | 209.55 | 209.7 | 195.3 | 181.84 | 170.19 | 149.36 | 116.61 | 118.98 | 95.43 | 100.34 |
| Total Non-Current Liabilities | 1.84B | 1.84B | 1.83B | 1.84B | 1.84B | 1.82B | 1.83B | 1.81B | 1.82B | 1.83B | 1.82B | 1.81B | 1.81B | 1.82B | 1.32B | 1.32B | 1.31B | 1.33B | 936.18M | 904.54M |
| Long-Term Debt | 1.52B | 1.52B | 1.52B | 1.53B | 1.53B | 1.53B | 1.53B | 1.54B | 1.54B | 1.54B | 1.54B | 1.54B | 1.55B | 1.55B | 1.06B | 1.06B | 1.06B | 1.07B | 670.36M | 671.86M |
| Capital Lease Obligations | 32M | 34.1M | 32.52M | 34.5M | 35.1M | 22.77M | 68.63M | 26.74M | 28.51M | 32.42M | 81.45M | 37.8M | 39.98M | 45.3M | 95.57M | 42.64M | 40.35M | 39.37M | 104.15M | 51.23M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 185M | 182.33M | 175.43M | 195.98M | 188.81M | 186.03M | 142.42M | 171.01M | 172.84M | 176.31M | 122.22M | 156.89M | 154.87M | 156.57M | 97.16M | 150.77M | 148.04M | 159.94M | 104.22M | 123.73M |
| Total Liabilities | 3.15B | 3.1B | 3.14B | 2.96B | 2.88B | 2.78B | 2.83B | 2.68B | 2.73B | 2.67B | 2.75B | 2.78B | 2.87B | 2.83B | 2.36B | 2.23B | 2.18B | 2.09B | 1.85B | 1.73B |
| Total Debt | 1.58B | 1.59B | 1.58B | 1.59B | 1.59B | 1.58B | 1.63B | 1.6B | 1.6B | 1.61B | 1.66B | 1.61B | 1.62B | 1.63B | 1.19B | 1.14B | 1.13B | 1.13B | 803.68M | 749.11M |
| Net Debt | 530.38M | 465.25M | 490.26M | 531.26M | 638.86M | 703.68M | 697.39M | 713.26M | 509.94M | 343.54M | 646.55M | 492.65M | 451.96M | 573.19M | 191.95M | 276.04M | 108.88M | 11.85M | -618.86M | -481.34M |
| Debt / Equity | 0.54x | 0.57x | 0.58x | 0.57x | 0.57x | 0.57x | 0.58x | 0.55x | 0.56x | 0.55x | 0.58x | 0.55x | 0.56x | 0.57x | 0.44x | 0.43x | 0.41x | 0.40x | 0.27x | 0.26x |
| Debt / EBITDA | 6.82x | 6.76x | 10.15x | 14.30x | 23.14x | 13.65x | 17.55x | 26.76x | 26.83x | 13.69x | 12.95x | 14.10x | 11.59x | 13.82x | 10.53x | 18.49x | 12.13x | 11.79x | 4.72x | 4.12x |
| Net Debt / EBITDA | 2.30x | 1.98x | 3.15x | 4.79x | 9.30x | 6.08x | 7.50x | 11.95x | 8.55x | 2.92x | 5.05x | 4.31x | 3.23x | 4.87x | 1.70x | 4.49x | 1.17x | 0.12x | -3.63x | -2.65x |
| Interest Coverage | 11.04x | 9.52x | 1.13x | 3.88x | 1.81x | 3.93x | 2.89x | 1.65x | 1.65x | 4.01x | 3.91x | 3.67x | 4.66x | 7.38x | 5.75x | 2.17x | 4.94x | 7.36x | 17.34x | 19.20x |
| Total Equity | 2.89B | 2.79B | 2.73B | 2.79B | 2.78B | 2.79B | 2.82B | 2.89B | 2.88B | 2.92B | 2.85B | 2.95B | 2.91B | 2.84B | 2.71B | 2.67B | 2.78B | 2.81B | 3.02B | 2.92B |
| Equity Growth % | 4.17% | -0.04% | -3.08% | -3.58% | -3.61% | -4.45% | -1.13% | -1.9% | -0.98% | 3% | 4.99% | 10.47% | 4.54% | 0.84% | -10.17% | -8.77% | 3.31% | 8.83% | 20.34% | 20.4% |
| Book Value per Share | 19.77 | 19.15 | 18.76 | 19.29 | 19.15 | 19.14 | 19.29 | 19.89 | 19.88 | 20.04 | 19.26 | 19.65 | 19.37 | 18.98 | 18.19 | 17.73 | 18.14 | 18.07 | 19.27 | 18.66 |
| Total Shareholders' Equity | 2.89B | 2.79B | 2.73B | 2.79B | 2.78B | 2.79B | 2.82B | 2.89B | 2.88B | 2.92B | 2.85B | 2.95B | 2.91B | 2.84B | 2.71B | 2.67B | 2.78B | 2.81B | 3.02B | 2.92B |
| Common Stock | 1.42M | 1.42M | 1.41M | 1.41M | 1.42M | 1.43M | 1.43M | 1.44M | 1.44M | 1.45M | 1.45M | 1.49M | 1.5M | 1.49M | 1.48M | 1.48M | 1.51M | 1.53M | 1.55M | 1.55M |
| Retained Earnings | -2.8B | -3.02B | -3.17B | -3.19B | -3.24B | -3.25B | -3.29B | -3.33B | -3.34B | -3.33B | -3.38B | -3.47B | -3.5B | -3.56B | -3.63B | -3.69B | -3.7B | -3.74B | -3.79B | -3.89B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -40.08M | -38.72M | -55.03M | -44.83M | -39.6M | -67.29M | -46.71M | -40.19M | -21.73M | -24.87M | -37.77M | -11.78M | -39.75M | -29.3M | -46.65M | -21.88M | -16.06M | -14.9M | 439K | -4.63M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |