To the full analysis
Ciena stock: growth
CIENCiena reported $4.77B in revenue for fiscal 2025, up 18.8% on the prior year, up 6.2% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
11.9%
per year from 2006 to 2025, per share 8.8%
Earnings (Annual rate)
32.4%
per year from 2006 to 2025, per share 26.5%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 6.2% | 6.9% | 11.9% |
| Revenue per share | 7.9% | 5.0% | 8.8% |
| Earnings | −19.3% | 26.6% | 32.4% |
| Earnings per share | −18.0% | 24.2% | 26.5% |
| Free cash flow | 10.1% | 12.8% | no data |
| Free cash flow per share | 11.9% | 10.7% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $564.06M | $595K | −$97.15M |
| 2007 | $779.77M | $82.79M | $76.64M |
| 2008 | $902.45M | $38.89M | $87.62M |
| 2009 | $652.63M | −$581.15M | −$16.69M |
| 2010 | $1.24B | −$333.51M | −$280.22M |
| 2011 | $1.74B | −$195.52M | −$142.85M |
| 2012 | $1.83B | −$144.02M | $58.99M |
| 2013 | $2.08B | −$85.43M | $864K |
| 2014 | $2.29B | −$40.64M | $41.6M |
| 2015 | $2.45B | $11.67M | $200M |
| 2016 | $2.6B | $72.58M | $182.34M |
| 2017 | $2.8B | $1.26B | $140.28M |
| 2018 | $3.09B | −$344.69M | $161.65M |
| 2019 | $3.57B | $253.43M | $350.56M |
| 2020 | $3.53B | $361.29M | $410.99M |
| 2021 | $3.62B | $500.2M | $462.1M |
| 2022 | $3.63B | $152.9M | −$258.57M |
| 2023 | $4.39B | $254.83M | $62.14M |
| 2024 | $4.01B | $83.96M | $377.89M |
| 2025 | $4.77B | $123.34M | $665.29M |
Revenue by segment
How Ciena Corporation makes its money and how that has shifted. Names are as the company reports them.
- Networking Platforms76%
- Global Services13%
- Platform Software and Services9%
- Blue Planet Automation Software and Services2%
Figures as a table
| 2023 | 2024 | Share 2024 | |
|---|---|---|---|
| Networking Platforms | $3.49B | $3.04B | 75.8% |
| Global Services | $520.01M | $537.22M | 13.4% |
| Platform Software and Services | $303.87M | $358.06M | 8.9% |
| Blue Planet Automation Software and Services | $69.17M | $77.62M | 1.9% |
| Total revenue | $4.39B | $4.01B | 100% |
Revenue by region
Where Ciena Corporation generates its revenue.
- North America74%
- EMEA16%
- Asia Pacific10%
Figures as a table
| 2023 | 2024 | Share 2024 | |
|---|---|---|---|
| North America | $3.11B | $2.95B | 73.5% |
| EMEA | $643.14M | $648.87M | 16.2% |
| Asia Pacific | $633.06M | $414.17M | 10.3% |
| Total revenue | $4.39B | $4.01B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 1 Nov 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 21 Aug 2026)
- Valuation signal Fairly valued since 11 Nov 2026, previously Undervalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.