Ciena Corporation (CIEN)

From the record

Ciena Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Ciena Corporation's 10 filed years say what it did: revenue went from $3.1 billion in fiscal 2018 to $4.8 billion in fiscal 2025, up 6.4% a year; it rose in 7 of 9 years; the deepest fall was 8% from fiscal 2023 to fiscal 2024; net income was positive in 8 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-11-01, Ciena Corporation's diluted share count shrank about 1.5% a year, and dividends and buybacks returned about 56% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 92 sales (89 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-04 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-11-01, Ciena Corporation earned about 5 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 34 cents per dollar of everything the company owns. Leverage: it owed about 53 cents per dollar of assets, and net share issuance: its share count shrank 0.5% over the year (the filed statements).

From the record

Ciena Corporation's standing among 9 graded names in its industry family: revenue of $4.8 billion in fiscal 2025 ranks in the top 6% by size; a net margin of 2.6% ranks in the top 39%; revenue growth of 9.5% a year over the last 3 filed years ranks in the top 17% (its annual reports).

From the record

Ciena Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Smith, Gary B (President & CEO, as filed), filing under that title since 2006-03-08, 20.7 years (top 7% of its family); the 17 officers and directors filing in the last fifteen months have been on the record a median of 7.2 years (top 36%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (top 6%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Ciena Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $1.1 billion against debt of $1.5 billion leaves -7.4% of its assets as net cash, bottom 15% of its family; cash from operations less capital spending is 13.9% of revenue (top 31%); a gross margin of 42% (top 31%); research spending of 17.8% of revenue (top 36%) (its annual report).

From the record

Ciena Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 9.5% a year over the last three filed years against 6.4% over all 10, speeding up (top 28% of its family); the newest year grew 18.9% (top 39%); research spending grew 10.7% a year (top 17%); capital spending grew 15.7% a year (bottom 45%) (its annual reports). Ciena Corporation reported 4 lines of business in fiscal 2025: Networking Platforms at $3.7 billion (77%), Global Services at $614 million (13%), Platform Software and Services at $364 million (8%), and 1 more; 4 of 4 grew against the year before (its annual report).

From the record

Ciena Corporation's newest year against its own record: revenue of $4.8 billion in fiscal 2025 came in 13% above the $4.2 billion its prior three years' pace pointed to (bottom 39% of its family); net income of $123 million against a prior three-year average of $164 million (top 45%); a net margin of 2.6% against 4% before (top 50%) (its annual reports).