Ciena Corporation is an American optical networking systems and software company based in Hanover, Maryland. The company has been described as a vital player in optical connectivity. The company reported revenues of $4.8 billion and more than 9,000 employees, as of November 2025. Gary Smith serves as president and chief executive officer (CEO).
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| CIEN | CIENA CORP | 2026-02-18 07:00:15 | 305.46 | 3.19 | 1.06 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CIEN | 0000936395 | CIENA CORP | US1717793095 | W0CZ7N0GH8UIGXDM1H41 | 232725311 | NYSE | 3661 | Telephone & Telegraph Apparatus | 1101 | MD | 7035 RIDGE ROAD | HANOVER | MD | 21076 | UNITED STATES | US | 4108658500 | 7035 RIDGE ROAD, HANOVER, MD, 21076 | 7035 RIDGE ROAD, HANOVER, MD, 21076 | — | — | 1992 | Gary Smith | 9,080 | http://ciena.com | 10,300,000,000 | 141,016,300 | 140,854,735 | Ciena Corporation is an American optical networking systems and software company based in Hanover, Maryland. The company has been described as a vital player in optical connectivity. The company reported revenues of $4.8 billion and more than 9,000 employees, as of November 2025. Gary Smith serves as president and chief executive officer (CEO). | 2026-02-12 15:31:58 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 10,300,000,000 | 3,600,000,000 | 53.7313 | 140,854,735 | -1,260,860 | -0.8872 |
| 2024 | 6,700,000,000 | -100,000,000 | -1.4706 | 142,115,595 | -2,714,742 | -1.8744 |
| 2023 | 6,800,000,000 | -1,500,000,000 | -18.0723 | 144,830,337 | -3,584,672 | -2.4153 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Dino Diperna | SVP | 2025 | 474,662 | 0 | 2,570,695 | 732,430 | 19,897 | 3,797,684 |
| James E. Moylan, Jr. | SVP, CFO | 2025 | 520,793 | 0 | 0 | 892,202 | 14,072 | 1,427,067 |
| Marc D. Graff | SVP, CFO | 2025 | 165,000 | 1,950,000 | 10,485,993 | 280,055 | 116,251 | 12,997,299 |
| Gary B. Smith | President, CEO | 2025 | 1,075,000 | 0 | 14,637,538 | 2,805,000 | 12,858 | 18,530,396 |
| Jason M. Phipps | SVP | 2025 | 579,450 | 0 | 3,656,002 | 993,480 | 14,005 | 5,242,937 |
| Fiscal Year | Employee Count |
|---|---|
| 2025 | 9,080 |
| 2024 | 8,657 |
| 2023 | 8,483 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 4,769,507,000 | 4,014,955,000 | 4,386,549,000 |
| Cost Of Revenue | 2,764,590,000 | 2,295,365,000 | 2,507,698,000 |
| Gross Profit | 2,004,917,000 | 1,719,590,000 | 1,878,851,000 |
| Research And Development Expenses | 848,329,000 | 767,497,000 | 750,559,000 |
| General And Administrative Expenses | 238,707,000 | 220,647,000 | 215,284,000 |
| Operating Expenses | 1,807,386,000 | 1,552,973,000 | 1,521,306,000 |
| Operating Income | 197,531,000 | 166,617,000 | 357,545,000 |
| Net Income | 123,338,000 | 83,956,000 | 254,827,000 |
| Earnings Per Share Basic | 0.87 | 0.58 | 1.71 |
| Earnings Per Share Diluted | 0.85 | 0.58 | 1.71 |
| Weighted Average Shares Outstanding Basic | 142,221,000 | 144,715,000 | 148,971,000 |
| Weighted Average Shares Outstanding Diluted | 145,248,000 | 145,964,000 | 149,380,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 1,091,952,000 | 934,863,000 | 1,010,618,000 |
| Marketable Securities Current | 216,148,000 | 316,343,000 | 104,753,000 |
| Accounts Receivable | 975,856,000 | 908,597,000 | 1,003,876,000 |
| Inventories | 826,235,000 | 820,430,000 | 1,050,838,000 |
| Non Trade Receivables | 63,054,000 | 45,935,000 | 33,408,000 |
| Other Assets Current | — | — | — |
| Total Assets Current | 3,565,507,000 | 3,544,416,000 | 3,575,779,000 |
| Marketable Securities Non Current | 57,142,000 | 80,920,000 | 134,278,000 |
| Property Plant And Equipment | — | — | — |
| Other Assets Non Current | 186,323,000 | 154,694,000 | 116,453,000 |
| Total Assets Non Current | 2,299,160,000 | 2,096,921,000 | 2,025,716,000 |
| Total Assets | 5,864,667,000 | 5,641,337,000 | 5,601,495,000 |
| Accounts Payable | 542,841,000 | 423,401,000 | 317,828,000 |
| Deferred Revenue | 208,936,000 | 156,379,000 | 154,419,000 |
| Short Term Debt | 11,580,000 | 11,700,000 | 11,700,000 |
| Other Liabilities Current | 531,081,000 | 393,905,000 | 431,419,000 |
| Total Liabilities Current | 1,308,394,000 | 999,840,000 | 932,021,000 |
| Long Term Debt | 1,524,158,000 | 1,533,074,000 | 1,543,406,000 |
| Other Liabilities Non Current | 175,426,000 | 185,938,000 | 170,407,000 |
| Total Liabilities Non Current | 1,826,950,000 | 1,825,359,000 | 1,821,113,000 |
| Total Liabilities | 3,135,344,000 | 2,825,199,000 | 2,753,134,000 |
| Common Stock | 1,410,000 | 1,427,000 | 1,448,000 |
| Retained Earnings | -3,170,109,000 | -3,293,447,000 | -3,377,403,000 |
| Accumulated Other Comprehensive Income | -55,035,000 | -46,711,000 | -37,767,000 |
| Total Shareholders Equity | 2,729,323,000 | 2,816,138,000 | 2,848,361,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 104,133,000 | 92,846,000 | 92,564,000 |
| Share Based Compensation Expense | 184,525,000 | 156,404,000 | 130,455,000 |
| Other Non Cash Income Expense | 736,000 | -11,768,000 | -15,771,000 |
| Change In Accounts Receivable | 98,743,000 | -80,313,000 | 94,565,000 |
| Change In Inventories | 53,602,000 | -153,021,000 | 132,497,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 226,486,000 | 64,255,000 | -138,469,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 806,093,000 | 514,532,000 | 168,332,000 |
| Purchases Of Marketable Securities | 214,162,000 | 287,536,000 | 252,329,000 |
| Sales Of Marketable Securities | 348,579,000 | 140,836,000 | 208,104,000 |
| Acquisition Of Property Plant And Equipment | 140,801,000 | 136,641,000 | 106,197,000 |
| Acquisition Of Business | 231,100,000 | 0 | 230,048,000 |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -241,499,000 | -306,477,000 | -383,454,000 |
| Tax Withholding For Share Based Compensation | 91,315,000 | 46,567,000 | 38,506,000 |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | 35,876,000 | 34,291,000 | 31,357,000 |
| Repurchase Of Common Stock | 1,000,000,000 | 1,000,000,000 | 750,000,000 |
| Issuance Of Long Term Debt | — | 0 | 0 |
| Repayment Of Long Term Debt | 11,580,000 | 11,700,000 | 9,430,000 |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -405,918,000 | -285,061,000 | 229,380,000 |
| Change In Cash | 157,171,000 | -75,760,000 | 16,408,000 |
| Cash At End Of Period | 1,091,952,000 | 934,863,000 | 1,010,618,000 |
| Income Taxes Paid | 113,608,000 | 54,956,000 | 78,242,000 |
| Interest Paid | 85,217,000 | 92,515,000 | 84,465,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 0.87 | 0.58 | 1.71 |
| Price To Earnings Ratio | 218.2989 | 110.2931 | 23.9883 |
| Earnings Growth Rate | 50 | -66.0819 | 69.3069 |
| Price Earnings To Growth Ratio | 4.366 | -1.669 | 0.3461 |
| Book Value Per Share | 19.1907 | 19.4599 | 19.1202 |
| Price To Book Ratio | 9.8965 | 3.2873 | 2.1454 |
| Ebitda | 430,482,000 | 328,786,000 | 513,659,000 |
| Enterprise Value | 27,454,398,320 | 9,867,329,550 | 6,655,278,420 |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | 0.5627 | 0.5485 | 0.546 |
| Capital Expenditures | — | — | — |
| Free Cash Flow | — | — | — |
| Return On Equity | 0.0452 | 0.0298 | 0.0895 |
| One Year Beta | 1.8387 | 1.4626 | 1.1305 |
| Three Year Beta | 1.5367 | 1.2018 | 1.1435 |
| Five Year Beta | 1.357 | 1.1033 | 1.1022 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| SMITH GARY B | Director, President, CEO | 2026-02-02 | 2,952 | D | 301,940 |
| DiPerna Dino | SVP Global R&D | 2026-01-15 | 2,527 | D | 49,868 |
| DiPerna Dino | SVP Global R&D | 2026-01-15 | 2,527 | D | 47,341 |
| Phipps Jason | SVP Global Sales and Marketing | 2026-01-15 | 21,383 | D | 91,765 |
| SMITH GARY B | Director, President, CEO | 2026-01-15 | 2,993 | D | 304,892 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Lisa McClain | 2025-11-21 | MI09 | Sale | 2025-10-30 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-11-21 | MI09 | Purchase | 2025-10-30 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-11-21 | MI09 | Sale | 2025-10-31 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-11-21 | MI09 | Sale | 2025-10-15 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-08-13 | MI09 | Purchase | 2025-06-17 | Spouse | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| EP Wealth Advisors, LLC | 2025-12-31 | 496,272 | 2,122 | 233.8699 |
| MACKENZIE FINANCIAL CORP | 2025-12-31 | 2,386,523 | 10,032 | 237.891 |
| Evergreen Wealth Solutions, LLC | 2025-12-31 | 5,408,412 | 44,693 | 121.0125 |
| MERCER GLOBAL ADVISORS INC /ADV | 2025-12-31 | 6,691,421 | 28,612 | 233.8676 |
| RAYMOND JAMES FINANCIAL INC | 2025-12-31 | 83,548,642 | 356,943 | 234.0672 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| EMPOWER FUNDS, INC. | 2025-12-31 | Institutional Class | MXMSX | 11,475 | 2,683,658.27 | 0.9481 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Investor Class | MXMTX | 11,475 | 2,683,658.27 | 0.9481 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Institutional Class | MXNZX | 65,039 | 15,210,670.95 | 1.0182 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Class L | MXBUX | 65,039 | 15,210,670.95 | 1.0182 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Investor Class | MXMDX | 65,039 | 15,210,670.95 | 1.0182 |