NYSE:CIEN
Ciena Corp.
Ciena Corp.'s revenue grew 18.8% in fiscal 2025 to $4.8B while operating margin fell to 4.1%, its lowest in 10 years. Free cash flow was $665.3M, 13.9% of revenue.Summary generated from Ciena Corp.'s SEC filings. Latest annual report filed Dec 12, 2025.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$4.8B
Revenue growth+18.8%
Revenue, 5-yr CAGR+6.2%
Gross margin42.0%
Operating margin4.1%
Net margin2.6%
ROIC4.7%
Return on equity4.4%
Debt / equity0.56
Free cash flow$665.3M
FCF margin13.9%
Share count change−0.5%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 3,621 | 3,633 | 4,387 | 4,015 | 4,770 |
| Operating income | 495 | 223 | 358 | 167 | 198 |
| Net income | 500 | 153 | 255 | 84 | 123 |
| Free cash flow | 462 | −259 | 62 | 378 | 665 |
Recent filings
- 4Insider transaction report
Oct 6, 2026 - 4Insider transaction report
Oct 6, 2026 - 10-QQuarterly report for the period ended Aug 1, 2026
Sep 3, 2026 - 8-KResults of operations and financial condition
Sep 3, 2026 - 8-KEntry into a material agreement
Jun 11, 2026 - 8-KOther events
Jun 8, 2026 - 10-QQuarterly report for the period ended May 2, 2026
Jun 4, 2026 - 8-KResults of operations and financial condition
Jun 4, 2026