The financials
Ciena by the numbers
Ciena (CIEN) reported revenue of $1.57B in Q2 2026 (quarter ended May 2, 2026), up 40% from the same quarter a year earlier. That came with a gross margin of 44% and net income of $218M (14% of revenue). For the full year FY2025, revenue was $4.77B (+19% year on year) and net income $123M. Its largest product in 2026-Q2 was Optical Networking at $1.10B, 72% of the disclosed total, just ahead of Service at 17%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.57B | $1.13B | +40% |
| Gross profit | $692M | $453M | +53% |
| Operating income | $238M | $33M | +624% |
| Net income | $218M | $9.0M | +2333% |
| Diluted EPS | $1.49 | $0.06 | +2383% |
| Product | Revenue | Share |
|---|---|---|
| Optical Networking | $1.10B | 72% |
| Service | $259M | 17% |
| Routing And Switching | $174M | 11% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.53B (+9.8%)
Routing And Switching grew +88% year on yearService +14% year on year
Segment Latestquarter on quarteryear on year
- Optical Networking$1.10B$1.10BQoQ +7.5%year on year +42%+7.5%+42%
- Service$259.3M$259.3MQoQ +4.9%year on year +14%+4.9%+14%
- Routing And Switching$174.2M$174.2MQoQ +38%year on year +88%+38%+88%
- Advisory And Enablement$0.00$0.00QoQ -year on year ---
- Blue Planet Automation Software and Services$0.00$0.00QoQ -year on year ---
- Consulting And Network Design--QoQ -year on year ---
- Implementation$0.00$0.00QoQ -year on year ---
- Installation And Deployment--QoQ -year on year ---
- Maintenance Support And Learning$0.00$0.00QoQ -year on year ---
- Maintenance Support And Training--QoQ -year on year ---
- Platform Software and Services$0.00$0.00QoQ -year on year ---
Communication Equipment
Ranks #17 of 21 by Smart Score