--- title: "Ciena: Metrics Guide" description: "Ciena revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/ciena/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Ciena: Financial & Operating Metrics Guide ## Direct Answer Ciena reported revenue of $4.8 billion for the fiscal year ended November 1, 2025, with an operating margin of 4.1% and net income of $123 million, according to its SEC filings. Revenue grew 18.8% from the prior year. ## What Are Ciena's Key Financial Figures? | Fiscal year | FY2025ended November 1, 2025 | FY2024ended November 2, 2024 | FY2023ended October 28, 2023 | FY2022ended October 29, 2022 | | --- | --- | --- | --- | --- | | Revenue | $4.8 billion | $4.0 billion | $4.4 billion | $3.6 billion | | Operating income | $198 million | $167 million | $358 million | $223 million | | Operating margin | 4.1% | 4.1% | 8.2% | 6.1% | | Net income | $123 million | $84 million | $255 million | $153 million | | Net margin | 2.6% | 2.1% | 5.8% | 4.2% | | Operating cash flow | $806 million | $515 million | $168 million | -$168 million | | Capital expenditures | $141 million | $137 million | $106 million | $91 million | | Free cash flow | $665 million | $378 million | $62 million | -$259 million | Operating margin held roughly steady between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $665 million against net income of $123 million; cash generation covered reported earnings. ![Bar chart of Ciena revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $4.8 billion, operating income $198 million and net income $123 million.](https://www.getswoopr.com/images/charts/ciena-metrics-revenue-profit.webp) *Ciena revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Ciena operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 4.1% and net margin was 2.6%.](https://www.getswoopr.com/images/charts/ciena-metrics-margins.webp) *Ciena operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Ciena operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $806 million, capital expenditures was $141 million, free cash flow was $665 million.](https://www.getswoopr.com/images/charts/ciena-metrics-cash-flow.webp) *Ciena operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Ciena's Balance Sheet Show? | Cash and cash equivalents | $1.1 billion | | --- | --- | | Long-term debt | $1.5 billion | | Total assets | $5.9 billion | | Total liabilities | $3.1 billion | | Shareholders' equity | $2.7 billion | | Current ratio | 2.7x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Ciena reported in its own SEC filings, read from the SEC's XBRL data (accession 0001628280-25-056698 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Ciena's revenue in fiscal 2025? Ciena reported revenue of $4.8 billion for the fiscal year ended November 1, 2025, according to its SEC filings. ### What is Ciena's operating margin? Ciena's operating margin was 4.1% in fiscal 2025: operating income of $198 million on revenue of $4.8 billion. ### How much free cash flow did Ciena generate? Operating cash flow of $806 million less capital expenditures of $141 million gives free cash flow of $665 million for fiscal 2025. ## References - [SEC EDGAR: CIENA CORP Form 10-K filed December 12, 2025](https://www.sec.gov/Archives/edgar/data/936395/000162828025056698/cien-20251101.htm) - [SEC EDGAR: CIENA CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=936395&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Ciena company dossier](https://www.getswoopr.com/stocks/companies/ciena/) - [Ciena financial metrics](https://www.getswoopr.com/stocks/companies/ciena/metrics/) - [Ciena financial risk indicators](https://www.getswoopr.com/stocks/companies/ciena/risks/) - [Ciena peer comparison](https://www.getswoopr.com/stocks/companies/ciena/competitors/) - [Ciena business model and revenue mix](https://www.getswoopr.com/stocks/companies/ciena/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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