Ciena Corporation CIEN

356.91 (1.52) (0.42%) as of 25 Sep
Market cap
$51.7B
P/E
77.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Ciena Corporation (CIEN) Operating margin

Ciena Corporation's operating margin over the twelve months to 31 July 2026 was 12.3%, up 8.1 percentage points from fiscal 2025 (4.14%). Over the past ten years it has ranged from 4.11% (fiscal 2015) to 13.8% (fiscal 2020); the current reading is higher than 18% of that period. That is above the Communication Equipment industry median of 2.39% and above the Technology sector median of 0.08%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 4.14% (0.01)
FY2024 4.15% (4.00)
FY2023 8.15% 2.02
FY2022 6.13% (7.55)
FY2021 13.7% (0.11)
FY2020 13.8% 4.08
FY2019 9.71% 2.28
FY2018 7.43% (0.23)
FY2017 7.66% 1.65
FY2016 6.01% 1.90

Quarterly

Period Operating margin Change (points)
Jul 2026 18.0% 2.88
Apr 2026 15.1% 1.87
Jan 2026 13.3% 12.49
Oct 2025 0.78% (5.25)
43 more quarters

Against its own ten years

Low 4.11% High 13.8%
Ten-year median 7.43%
Current reading's percentile 18

Operating margin against peers

Company Operating margin
UI Ubiquiti Inc. compare 36.2%
MSI Motorola Solutions, Inc. compare 24.9%
LITE Lumentum Holdings Inc. compare 17.4%
ZBRA Zebra Technologies Corporation compare 14.7%
ERIC Ericsson compare 14.5%
CIEN Ciena Corporation 12.3%
HPE Hewlett Packard Enterprise Company compare 6.21%
NOK Nokia Corporation compare 4.14%
ASTS AST SpaceMobile, Inc. compare −519.5%
Communication Equipment industry median 2.39%
Technology sector median 0.08%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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