Ciena Corporation (CIEN) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 1.57B | 1.43B | 1.35B | 1.22B | 1.13B | 1.07B | 1.12B | 942.31M | 942.31M | 1.04B | 1.13B | 1.07B | 1.13B | 1.06B | 971.01M | 867.98M | 949.23M | 844.44M | 1.04B | 988.14M |
| Revenue Growth % | 39.51% | 33.09% | 20.27% | 29.4% | 19.48% | 3.33% | -0.48% | -11.76% | -16.81% | -1.78% | 16.32% | 23.03% | 19.32% | 25.11% | -6.77% | -12.16% | 13.83% | 11.53% | 25.71% | 1.17% |
| Cost of Goods Sold | 879.18M | 801.52M | 774.8M | 716.31M | 673.04M | 600.44M | 664.09M | 538.36M | 538.36M | 570.75M | 643.21M | 618.95M | 644.97M | 600.58M | 537.41M | 527.2M | 547.45M | 460.26M | 564.37M | 513.59M |
| COGS % of Revenue | 55.97% | 56.17% | 57.31% | 58.74% | 59.78% | 56% | 59.08% | 57.13% | 57.13% | 55% | 56.95% | 57.96% | 56.94% | 56.84% | 55.35% | 60.74% | 57.67% | 54.5% | 54.19% | 51.98% |
| Gross Profit | 691.55M | 625.52M | 577.18M | 503.08M | 452.84M | 471.82M | 460.02M | 403.94M | 403.94M | 466.96M | 486.28M | 448.94M | 487.68M | 455.95M | 433.6M | 340.78M | 401.78M | 384.19M | 477.12M | 474.55M |
| Gross Margin % | 44.03% | 43.83% | 42.69% | 41.26% | 40.22% | 44% | 40.92% | 42.87% | 42.87% | 45% | 43.05% | 42.04% | 43.06% | 43.16% | 44.65% | 39.26% | 42.33% | 45.5% | 45.81% | 48.02% |
| Gross Profit Growth % | 52.72% | 32.58% | 25.47% | 24.54% | 12.1% | 1.04% | -5.4% | -10.02% | -17.17% | 2.42% | 12.15% | 31.74% | 21.38% | 18.68% | -9.12% | -28.19% | -2.58% | 7.35% | 18% | 2.12% |
| Operating Expenses | 453.68M | 434.3M | 458.69M | 427.77M | 418.05M | 389.61M | 400.81M | 377.2M | 377.2M | 382.33M | 394.98M | 370.73M | 384.87M | 370.73M | 356.33M | 313.67M | 343.35M | 324.18M | 339.71M | 326.03M |
| OpEx % of Revenue | 28.88% | 30.43% | 33.93% | 35.08% | 37.13% | 36.34% | 35.66% | 40.03% | 40.03% | 36.84% | 34.97% | 34.72% | 33.98% | 35.09% | 36.7% | 36.14% | 36.17% | 38.39% | 32.62% | 32.99% |
| Selling, General & Admin | 211.26M | 208.11M | 223.68M | 209.32M | 196.63M | 190.41M | 195.06M | 179.77M | 179.77M | 182.84M | 187.75M | 167.62M | 176.02M | 174.7M | 170.06M | 147M | 165.51M | 163.38M | 179.01M | 163.79M |
| SG&A % of Revenue | 13.45% | 14.58% | 16.54% | 17.17% | 17.46% | 17.76% | 17.35% | 19.08% | 19.08% | 17.62% | 16.62% | 15.7% | 15.54% | 16.54% | 17.51% | 16.94% | 17.44% | 19.35% | 17.19% | 16.58% |
| Research & Development | 237.91M | 221.46M | 228.9M | 211.9M | 214.87M | 192.66M | 195.96M | 188.89M | 188.89M | 187.27M | 189.44M | 189.39M | 189.99M | 181.73M | 166.9M | 150.03M | 159.32M | 148.41M | 147.45M | 146.22M |
| R&D % of Revenue | 15.15% | 15.52% | 16.93% | 17.38% | 19.08% | 17.97% | 17.43% | 20.05% | 20.05% | 18.05% | 16.77% | 17.74% | 16.77% | 17.2% | 17.19% | 17.28% | 16.78% | 17.57% | 14.16% | 14.8% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 237.87M | 191.22M | 118.49M | 75.31M | 34.79M | 82.21M | 59.21M | 26.74M | 26.74M | 84.63M | 91.3M | 78.21M | 102.81M | 85.22M | 77.27M | 27.11M | 58.43M | 60M | 137.41M | 148.52M |
| Operating Margin % | 15.14% | 13.4% | 8.76% | 6.18% | 3.09% | 7.67% | 5.27% | 2.84% | 2.84% | 8.16% | 8.08% | 7.32% | 9.08% | 8.07% | 7.96% | 3.12% | 6.16% | 7.11% | 13.19% | 15.03% |
| Operating Income Growth % | 583.73% | 132.6% | 100.12% | 181.59% | 30.09% | -2.86% | -35.15% | -65.81% | -73.99% | -0.69% | 18.16% | 188.54% | 75.96% | 42.02% | -43.77% | -81.75% | -56.28% | -20.83% | 46.99% | -21.01% |
| EBITDA | 231.06M | 235.05M | 155.85M | 110.96M | 68.66M | 115.66M | 93.01M | 59.67M | 59.67M | 117.45M | 128M | 114.2M | 139.78M | 117.75M | 112.67M | 61.41M | 93.04M | 95.89M | 170.42M | 181.97M |
| EBITDA Margin % | 14.71% | 16.47% | 11.53% | 9.1% | 6.1% | 10.79% | 8.27% | 6.33% | 6.33% | 11.32% | 11.33% | 10.69% | 12.34% | 11.14% | 11.6% | 7.08% | 9.8% | 11.36% | 16.36% | 18.42% |
| EBITDA Growth % | 236.53% | 103.21% | 67.56% | 85.95% | 15.06% | -1.52% | -27.33% | -47.75% | -57.31% | -0.25% | 13.6% | 85.94% | 50.24% | 22.8% | -33.89% | -66.25% | -44.16% | -11.73% | 34.6% | -17.17% |
| D&A (Non-Cash Add-back) | 0 | 43.83M | 37.36M | 35.65M | 33.87M | 33.46M | 33.8M | 32.93M | 32.93M | 32.82M | 36.69M | 35.98M | 36.97M | 32.53M | 35.4M | 34.31M | 34.61M | 35.88M | 33.01M | 33.45M |
| EBIT | 231.06M | 202.37M | 24.81M | 88.66M | 42.57M | 92.01M | 73.44M | 41.53M | 41.53M | 95.28M | 94.72M | 88.4M | 111.36M | 117.19M | 79.16M | 27.47M | 59.24M | 63.69M | 137.24M | 149.32M |
| Net Interest Income | -7.79M | -4.59M | -10.25M | -6.66M | -10.12M | -9.71M | -9.61M | -9.3M | -9.3M | -8.6M | -9.56M | -11.22M | -13.47M | -8.75M | -8.68M | -9.87M | -10.55M | -7.89M | -7.42M | -7.31M |
| Interest Income | 13.13M | 16.66M | 11.7M | 16.17M | 13.44M | 13.71M | 15.81M | 15.88M | 15.88M | 15.18M | 14.65M | 12.84M | 10.42M | 7.12M | 5.1M | 2.77M | 1.43M | 754K | 498K | 465K |
| Interest Expense | 20.92M | 21.25M | 21.96M | 22.84M | 23.55M | 23.42M | 25.42M | 25.17M | 25.17M | 23.78M | 24.21M | 24.06M | 23.89M | 15.87M | 13.78M | 12.64M | 11.98M | 8.65M | 7.92M | 7.78M |
| Other Income/Expense | -6.81M | -10.1M | -115.63M | -9.49M | -15.77M | -13.61M | -11.19M | -10.39M | -10.39M | -13.13M | -20.78M | -13.87M | -15.34M | 16.1M | -11.89M | -12.28M | -11.18M | -4.96M | -8.08M | -6.98M |
| Pretax Income | 231.06M | 181.12M | 2.86M | 65.82M | 19.02M | 68.59M | 48.02M | 16.36M | 16.36M | 71.5M | 70.52M | 64.34M | 87.47M | 101.32M | 65.38M | 14.83M | 47.25M | 55.04M | 129.32M | 141.54M |
| Pretax Margin % | 14.71% | 12.69% | 0.21% | 5.4% | 1.69% | 6.4% | 4.27% | 1.74% | 1.74% | 6.89% | 6.24% | 6.03% | 7.72% | 9.59% | 6.73% | 1.71% | 4.98% | 6.52% | 12.42% | 14.32% |
| Income Tax | 12.84M | 30.83M | -16.63M | 15.51M | 10.05M | 24.02M | 10.99M | 2.13M | 2.13M | 21.96M | -20.68M | 34.61M | 29.82M | 25.08M | 7.74M | 4.32M | 8.33M | 9.22M | 25.83M | -96.69M |
| Effective Tax Rate % | 5.56% | 17.02% | -581.91% | 23.57% | 52.83% | 35.02% | 22.89% | 12.99% | 12.99% | 30.71% | -29.33% | 53.79% | 34.09% | 24.75% | 11.83% | 29.12% | 17.63% | 16.75% | 19.97% | -68.31% |
| Net Income | 218.22M | 150.28M | 19.49M | 50.31M | 8.97M | 44.57M | 37.03M | 14.23M | 14.23M | 49.55M | 91.2M | 29.73M | 57.65M | 76.24M | 57.65M | 10.51M | 38.92M | 45.82M | 103.5M | 238.23M |
| Net Margin % | 13.89% | 10.53% | 1.44% | 4.13% | 0.8% | 4.16% | 3.29% | 1.51% | 1.51% | 4.77% | 8.07% | 2.78% | 5.09% | 7.22% | 5.94% | 1.21% | 4.1% | 5.43% | 9.94% | 24.11% |
| Net Income Growth % | 2333.05% | 237.17% | -47.37% | 253.53% | -36.97% | -10.04% | -59.4% | -52.14% | -75.32% | -35.01% | 58.21% | 182.85% | 48.13% | 66.38% | -44.3% | -95.59% | -62.25% | -17.21% | 59.13% | 67.45% |
| Net Income (Continuing) | 218.22M | 150.28M | 19.49M | 50.31M | 8.97M | 44.57M | 37.03M | 14.23M | 14.23M | 49.55M | 91.2M | 29.73M | 57.65M | 76.24M | 57.65M | 10.51M | 38.92M | 45.82M | 103.5M | 238.23M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.49 | 1.03 | 0.13 | 0.35 | 0.06 | 0.31 | 0.25 | 0.10 | -0.12 | 0.34 | 0.62 | 0.20 | 0.38 | 0.51 | 0.39 | 0.07 | 0.25 | 0.29 | 0.66 | 1.52 |
| EPS Growth % | 2307.11% | 232.26% | -48% | 257.51% | 151.58% | -8.82% | -59.68% | -51.05% | -131.58% | -33.33% | 58.97% | 186.12% | 52% | 75.86% | -40.91% | -95.4% | -62.12% | -17.14% | 57.14% | 67.03% |
| EPS (Basic) | 1.54 | 1.06 | 0.14 | 0.35 | 0.06 | 0.31 | 0.26 | 0.10 | -0.12 | 0.34 | 0.62 | 0.20 | 0.39 | 0.51 | 0.39 | 0.07 | 0.26 | 0.30 | 0.67 | 1.53 |
| Diluted Shares Outstanding | 146.31M | 145.8M | 145.47M | 144.5M | 144.97M | 145.94M | 145.96M | 145.36M | 144.91M | 145.85M | 147.89M | 149.98M | 150.15M | 149.55M | 149.11M | 150.46M | 153.34M | 155.81M | 156.69M | 156.74M |
| Basic Shares Outstanding | 141.95M | 141.68M | 141.53M | 141.85M | 142.5M | 142.88M | 144.72M | 144.39M | 144.91M | 145.29M | 147.44M | 149.69M | 149.62M | 149.08M | 148.55M | 149.86M | 152.2M | 154.15M | 155.23M | 155.27M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |