Ciena

CIEN · Information Technology · Market cap $51.5B

Q2 FY26 May 2, 2026 reported Jun 4, 2026

Revenue$1.6B +40% year over year

Gross profit$0.7B

Operating profit$0.2B

Net profit$0.2B 14% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q2 FY26 (period ends May 2, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.6	100%	+40%
Optical Networking	1.1	69%	+42%
Routing and Switching	0.2	12%	+88%
Platform Software and	0.1	6%	+10%
Learning	0.1	6%	+12%
Implementation	0.1	6%	+37%
Cost of revenue	−0.9	56%
Gross profit	0.7	44% margin	+4pp
Research & development	−0.2	15%	−4pp
Sales & marketing	−0.2	10%	−3pp
G&A	−0.1	4%	−1pp
Operating profit	0.2	15% margin	+12pp
Net profit	0.2	14%	+13pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Jan 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.4	100%	+33%
Optical Networking	1	71%	+41%
Routing and Switching	0.1	7%	+35%
Platform Software and	0.1	7%	−2%
Learning	0.1	7%	+17%
Implementation	0.1	7%	+43%
Cost of revenue	−0.8	57%
Gross profit	0.6	44% margin	+0pp
Research & development	−0.2	16%	−2pp
Sales & marketing	−0.1	10%	−2pp
G&A	−0.1	4%	−1pp
Operating profit	0.2	13% margin	+6pp
Net profit	0.2	11%	+6pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Nov 1, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.4	100%	+20%
Routing and Switching	0.4	29%
Platform Software and	0.4	29%	+2%
Maintenance, Support, and Learning	0.3	21%
Blue Planet Automation Software…	0.1	7%	+49%
Advisory and Enablement	0.1	7%
Cost of revenue	−0.8	57%
Gross profit	0.6	43% margin	+2pp
Research & development	−0.2	17%	−1pp
Sales & marketing	−0.2	12%	−1pp
G&A	−0.1	5%	+0pp
Other	−0.1	8%	+0pp
Operating profit	0	1% margin	−4pp
Net profit	0	1%	−2pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Aug 2, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.2	100%	+29%
Optical Networking	0.8	67%	+34%
Routing and Switching	0.1	8%	+36%
Platform Software and	0.1	8%	+8%
Training	0.1	8%	+9%
Installation and Deployment	0.1	8%	+42%
Cost of revenue	−0.7	58%
Gross profit	0.5	41% margin	−2pp
Research & development	−0.2	17%	−3pp
Sales & marketing	−0.1	12%	−1pp
G&A	−0.1	5%	−1pp
Operating profit	0.1	6% margin	+3pp
Net profit	0.1	4%	+3pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26	May 2, 2026	Jun 4, 2026	$1.6B	+40%	12%	$0.2B	14%
Q1 FY26	Nov 2, 2025 – Jan 31, 2026	Mar 5, 2026	$1.4B	+33%	14%	$0.2B	11%
Q4 FY25	Aug 3 – Nov 1, 2025	Dec 12, 2025	$1.4B	+20%	0%	$0B	1%
Q3 FY25	May 4 – Aug 2, 2025	Sep 4, 2025	$1.2B	+29%	8%	$0.1B	4%