# Ciena Corporation (CIEN)

**Exchange:** NYSE  
**Sector:** Technology  
**Market cap:** $63.13B  
**Price:** $434.65 (-1.07%)

> Ciena Corporation is a leading provider of optical networking systems, software, and services that enable high-speed, scalable, and secure connectivity for modern networks. The company specializes in transport, switching, aggregation, service delivery, and data traffic management solutions, powering cloud infrastructure, artificial intelligence applications, and digital transformation initiatives. Its offerings support a diverse range of clients, including communication service providers, web-scale operators, cable companies, government agencies, and large enterprises worldwide. Ciena Corporation focuses on delivering the industry's fastest network technologies to handle surging data demands across various sectors. Founded in 1992 and headquartered in Hanover, Maryland, it plays a critical role in the communications equipment industry by providing essential infrastructure for reliable, high-capacity optical transport.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4.77B | $2.00B | $198M | $123M | — |
| 2024 | $4.01B | $1.72B | $167M | $84M | — |
| 2023 | $4.39B | $1.88B | $358M | $255M | — |
| 2022 | $3.63B | $1.56B | $223M | $153M | — |
| 2021 | $3.62B | $1.72B | $495M | $500M | — |
| 2020 | $3.53B | $1.65B | $487M | $361M | — |
| 2019 | $3.57B | $1.54B | $347M | $253M | — |
| 2019 | $3.57B | $1.54B | $347M | $253M | — |
| 2018 | $3.09B | $1.31B | $230M | -$345M | — |
| 2018 | $3.09B | $1.31B | $230M | -$345M | — |
| 2017 | $2.80B | $1.25B | $215M | $1.26B | — |
| 2016 | $2.60B | $1.16B | $156M | $73M | — |
| 2015 | $2.45B | $1.08B | $100M | $12M | — |
| 2014 | $2.29B | $948M | $46M | -$41M | — |
| 2013 | $2.08B | $865M | -$2M | -$85M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $5.86B | $3.14B | $2.73B | $1.09B | $1.52B |
| 2024 | $5.64B | $2.83B | $2.82B | $935M | $1.53B |
| 2023 | $5.60B | $2.75B | $2.85B | $1.01B | $1.54B |
| 2022 | $5.07B | $2.36B | $2.71B | $994M | $1.06B |
| 2021 | $4.87B | $1.85B | $3.02B | $1.42B | $677M |
| 2020 | $4.18B | $1.67B | $2.51B | $1.09B | $683M |
| 2019 | $3.89B | $1.72B | $2.17B | $904M | $680M |
| 2019 | $3.89B | $1.72B | $2.17B | $904M | $680M |
| 2018 | $3.76B | $1.83B | $1.93B | $745M | $686M |
| 2017 | $3.95B | $1.82B | $2.14B | $641M | $393M |
| 2016 | $2.87B | $2.11B | $766M | $778M | $486M |
| 2015 | $2.70B | $2.07B | $621M | $791M | $1.27B |
| 2014 | $2.07B | $2.14B | -$70M | $587M | $1.27B |
| 2013 | $1.80B | $1.89B | -$83M | $346M | $1.21B |
| 2012 | $1.88B | $1.97B | -$89M | $642M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $806M | $141M | $665M |
| 2024 | $515M | $137M | $378M |
| 2023 | $168M | $106M | $62M |
| 2022 | -$168M | $91M | -$259M |
| 2021 | $542M | $80M | $462M |
| 2020 | $494M | $83M | $411M |
| 2019 | $413M | $63M | $351M |
| 2019 | $413M | $63M | $351M |
| 2018 | $229M | $68M | $162M |
| 2018 | $229M | $68M | $162M |
| 2017 | $235M | $95M | $140M |
| 2016 | $290M | $107M | $182M |
| 2015 | $262M | $62M | $200M |
| 2014 | $90M | $48M | $42M |
| 2013 | $45M | $44M | $864,000 |

Source: [CompaniesByCap](https://companiesbycap.com/company/CIEN)