Revenue
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.77B | $4.01B | $4.39B | $3.63B | $3.62B | $3.53B | $3.57B | $3.09B | $2.80B | $2.60B | $2.45B | $2.29B | $2.08B | $1.83B | $1.74B | $1.24B | $652.6M | $902.4M |
| Gross profit | $2.00B | $1.72B | $1.88B | $1.56B | $1.72B | $1.65B | $1.54B | $1.31B | $1.25B | $1.16B | $1.08B | $948.4M | $865.2M | $724.2M | $709.1M | $497.5M | $284.8M | $450.9M |
| Gross margin | 42.04% | 42.83% | 42.83% | 42.95% | 47.56% | 46.80% | 43.17% | 42.49% | 44.47% | 44.67% | 43.98% | 41.44% | 41.54% | 39.49% | 40.71% | 40.23% | 43.64% | 49.97% |
| Research & development | $848.3M | $767.5M | $750.6M | $624.7M | $536.7M | $529.9M | $548.1M | $491.6M | $475.3M | $451.8M | $414.2M | $401.2M | $383.4M | $364.2M | $379.9M | $327.6M | $190.3M | $175.0M |
| Operating expenses | $1.81B | $1.55B | $1.52B | $1.34B | $1.23B | $1.17B | $1.20B | $1.08B | $1.03B | $1.01B | $975.1M | $902.6M | $867.0M | $804.1M | $872.3M | $819.3M | $864.1M | $429.1M |
| Operating income | $197.5M | $166.6M | $357.5M | $222.8M | $495.4M | $487.0M | $346.8M | $229.9M | $214.7M | $156.2M | $100.4M | $45.7M | −$1.8M | −$79.8M | −$163.2M | −$321.8M | −$579.2M | $21.9M |
| Operating margin | 4.14% | 4.15% | 8.15% | 6.13% | 13.68% | 13.79% | 9.71% | 7.43% | 7.66% | 6.01% | 4.11% | 2.00% | −0.09% | −4.35% | −9.37% | −26.02% | −88.75% | 2.42% |
| EBITDA | $327.4M | $289.0M | $487.5M | $351.2M | $615.3M | $604.3M | $456.1M | $329.9M | $324.9M | $281.1M | $225.9M | $147.3M | $103.7M | $30.9M | −$33.4M | −$179.6M | −$532.5M | $72.7M |
| EBITDA margin | 6.86% | 7.20% | 11.11% | 9.67% | 16.99% | 17.11% | 12.77% | 10.66% | 11.60% | 10.81% | 9.24% | 6.44% | 4.98% | 1.69% | −1.92% | −14.53% | −81.59% | 8.06% |
| Net income | $123.3M | $84.0M | $254.8M | $152.9M | $500.2M | $361.3M | $253.4M | −$344.7M | $1.26B | $72.6M | $11.7M | −$40.6M | −$85.4M | −$144.0M | −$195.5M | −$333.5M | −$581.2M | $38.9M |
| Net profit margin | 2.59% | 2.09% | 5.81% | 4.21% | 13.81% | 10.23% | 7.09% | −11.14% | 45.04% | 2.79% | 0.48% | −1.78% | −4.10% | −7.85% | −11.22% | −26.97% | −89.05% | 4.31% |
| Basic EPSper basic share | $0.87 | $0.58 | $1.71 | $1.01 | $3.22 | $2.34 | $1.63 | -$2.40 | $8.89 | $0.52 | $0.10 | -$0.38 | -$0.83 | -$1.45 | -$2.04 | -$3.58 | -$6.37 | $0.44 |
| Diluted EPSper diluted share | $0.85 | $0.58 | $1.71 | $1.00 | $3.19 | $2.32 | $1.61 | -$2.49 | $7.53 | $0.51 | $0.10 | -$0.38 | -$0.83 | -$1.45 | -$2.04 | -$3.58 | -$6.37 | $0.42 |
Reported shareholders
| Holder | % owned |
|---|---|
FMR LLC | ≈13.50%19.11M shares |
BlackRock, Inc. | ≈8.98%12.72M shares |
JPMORGAN CHASE & CO | ≈7.92%11.21M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈6.52%9.23M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈5.43%7.68M shares |
STATE STREET CORP | ≈4.72%6.68M shares |
PRICE T ROWE ASSOCIATES INC /MD/ | ≈2.88%4.07M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈2.38%3.37M shares |
AMERICAN CENTURY COMPANIES INC | ≈1.31%1.85M shares |
BANK OF AMERICA CORP /DE/ | ≈1.26%1.79M shares |
Capital World Investors | ≈1.24%1.76M shares |
Invesco Ltd. | ≈1.22%1.73M shares |
NORGES BANK | ≈1.20%1.7M shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | ≈1.18%1.68M shares |
MORGAN STANLEY | ≈1.15%1.63M shares |
Nuveen, LLC | ≈0.98%1.39M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | ≈0.88%1.25M shares |
NORTHERN TRUST CORP | ≈0.86%1.22M shares |
DIMENSIONAL FUND ADVISORS LP | ≈0.81%1.15M shares |
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | ≈0.81%1.15M shares |
Percentages use 141.55M shares of this listed class outstanding on May 29, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 26, 2026Form 4 · 10b5-1 | Cumello JosephSVP, General Mgr. Blue Planet | SellCommon Stock | 1.6K | $466.33 | $739.6K | 42.9K |
| Jun 24, 2026Form 4 · 10b5-1 | Graff Marc D.SVP & Chief Financial Officer | SellCommon Stock | 126 | $449.36 | $56.6K | 127.1K |
| Jun 15, 2026Form 4 · 10b5-1 | Gage BrodieSVP Global Products & Supply | SellCommon Stock | 1.2K | $466.10 | $559.3K | 42.7K |
| Jun 15, 2026Form 4 · 10b5-1 | Rothenstein David MSVP and Chief Strategy Officer | SellCommon Stock | 2.5K | $457.07 | $1.14M | 187.6K |
| Jun 15, 2026Form 4 · 10b5-1 | SMITH GARY BPresident, CEO | SellCommon Stock | 3.0K | $457.02 | $1.35M | 266.6K |
Ciena ($CIEN) set a target of approximately 30% compound annual revenue growth from fiscal 2026 through fiscal 2029. Its three-year plan also calls for an adjusted gross margin near 50%, an adjusted operating margin of 32–35%, and a free-ca ...