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Friday 6 November 2026 Export CIEN’s income statement to Excel — free account

Ciena Corporation

CIEN Technology Communication Equipment

Ciena Corporation’s revenue for fiscal 2025 (year ended October 2025) was $4.8 billion, up 18.8% from fiscal 2024.

Revenue
+37.1%
EPS
+437.1%
Free cash flow
−13.6%
Total debt
+110.0%

Quarter to July 2026, against a year earlier

241.53 10.72 +4.64%
Market cap
$32.7B
P/E
50.6×
Fwd P/E
55.3×
Dividend yield
—
F-score
7/9
Altman Z
5.80
Beneish M
−2.92
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Ciena Corporation (CIEN) Current ratio

Alert me on Current ratio

Ciena Corporation's current ratio at the end of the quarter to 31 July 2026 was 3.8×, up 1.1× from fiscal 2025 (2.7×). Over the past ten years it has ranged from 1.9× (fiscal 2017) to 3.8× (fiscal 2023); the current reading is higher than 36% of that period. That is above the Communication Equipment industry median of 2.0× and above the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 2.7× (23.13%)
FY2024 3.5× (7.60%)
FY2023 3.8× 17.91%
FY2022 3.3× (7.25%)
FY2021 3.5× 2.20%
FY2020 3.4× 21.91%
FY2019 2.8× 26.55%
FY2018 2.2× 15.08%
FY2017 1.9× (14.38%)
FY2016 2.3× (19.20%)

Quarterly newest first

Period Current ratio Change
Jul 2026 3.8× 39.26%
Apr 2026 2.7× (3.10%)
Jan 2026 2.8× 3.26%
Oct 2025 2.7× (16.95%)
43 more quarters

Against its own ten years

Low 1.9× High 3.8×
Ten-year median 2.8×
Current reading's percentile 36

Current ratio against peers

Company Current ratio
ASTS AST SpaceMobile, Inc. compare 13.1×
CIEN Ciena Corporation 3.8×
UI Ubiquiti Inc. compare 2.9×
LITE Lumentum Holdings Inc. compare 1.6×
NOK Nokia Corporation compare 1.5×
ERIC Ericsson compare 1.2×
HPE Hewlett Packard Enterprise Company compare 1.1×
MSI Motorola Solutions, Inc. compare 1.1×
ZBRA Zebra Technologies Corporation compare 0.6×
Communication Equipment industry median 2.0×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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