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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

241.50 10.69 +4.63%
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) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Ciena Corporation (CIEN) trades at a EV/EBITDA of 37.0×. Over the past ten years it has ranged from 8.3× (November 2017) to 162× (April 2026); the current reading is higher than 88% of that period. That is above the Communication Equipment industry median of 14.0× and above the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 80.6× 155.08%
FY2024 31.6× 134.81%
FY2023 13.5× (31.78%)
FY2022 19.7× 61.79%
FY2021 12.2× 37.75%
FY2020 8.9× (23.79%)
FY2019 11.6× (7.99%)
FY2018 12.6× 40.38%
FY2017 9.0× (7.02%)
FY2016 9.7× (29.50%)

Quarterly newest first

Period EV/EBITDA Change
Jul 2026 59.3× (46.94%)
Apr 2026 112× 33.37%
Jan 2026 83.8× 3.89%
Oct 2025 80.6× 130.77%
43 more quarters

Against its own ten years

Low 8.3× High 162×
Ten-year median 14.2×
Current reading's percentile 88

EV/EBITDA against peers

Company EV/EBITDA
ASTS AST SpaceMobile, Inc. compare n/m
ERIC Ericsson compare 8.8×
HPE Hewlett Packard Enterprise Company compare 9.2×
ZBRA Zebra Technologies Corporation compare 14.9×
NOK Nokia Corporation compare 19.6×
UI Ubiquiti Inc. compare 25.7×
MSI Motorola Solutions, Inc. compare 26.1×
CIEN Ciena Corporation 37.0×
LITE Lumentum Holdings Inc. compare 40.7×
Communication Equipment industry median 14.0×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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