Ciena (CIEN) Cost of Revenue (2009 - 2026)
Ciena (CIEN) posted Cost of Revenue of $911.9 million for Q3 2026, up 3.72% on a QoQ basis from $879.2 million in Q2 2026, and up 27.3% year-over-year from $716.3 million in Q3 2025.
Analysis
Ciena (CIEN) Cost of Revenue (2009 - 2026) Analysis & Trends
Ciena has reported Cost of Revenue for 18 years, with the latest figure at $911.9 million in Q3 2026.
- On a quarterly basis, Cost of Revenue rose 27.3% year-over-year to $911.9 million in Q3 2026; TTM through Aug 2026 was $3.4 billion, a 26.89% increase from a year earlier, with the FY2025 full-year figure at $2.8 billion, up 20.44% from the prior year.
- Cost of Revenue was $911.9 million for Q3 2026 at Ciena, up from $879.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $911.9 million in Q3 2026, with the low at $460.3 million in Q1 2022.
- Average Cost of Revenue over 5 years is $643.8 million, with a median of $618.9 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2026: Cost of Revenue fell 19.04% in 2024, then soared 33.49% in 2026.
- Over 5 years, Cost of Revenue stood at $537.4 million in 2022, then climbed by 19.69% to $643.2 million in 2023, then increased by 3.25% to $664.1 million in 2024, then grew by 16.67% to $774.8 million in 2025, then rose by 17.69% to $911.9 million in 2026.
- The last three Cost of Revenue figures came in at $911.9 million (Q3 2026), $879.2 million (Q2 2026), and $801.5 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 6.19 Bn |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 911.86 Mn |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 508.07 Mn |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | 3.05 Bn |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 138.72 Mn |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 707.74 Mn |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 128.06 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 48.74 Mn |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | 2.06 Mn |
| 10 | Calix | 2.26 Bn | 2.07 Bn | 160.12 Mn | 133.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 911.86 Mn |
| May 2, 2026 | 879.19 Mn |
| Jan 31, 2026 | 801.52 Mn |
| Nov 1, 2025 | 774.81 Mn |
| Aug 2, 2025 | 716.31 Mn |
| May 3, 2025 | 673.04 Mn |
| Feb 1, 2025 | 600.44 Mn |
| Nov 2, 2024 | 664.09 Mn |
| Jul 27, 2024 | 538.36 Mn |
| Apr 27, 2024 | 522.17 Mn |
| Jan 27, 2024 | 570.75 Mn |
| Oct 28, 2023 | 643.21 Mn |
| Jul 29, 2023 | 618.95 Mn |
| Apr 29, 2023 | 644.97 Mn |
| Jan 28, 2023 | 600.58 Mn |
| Oct 29, 2022 | 537.41 Mn |
| Jul 30, 2022 | 527.20 Mn |
| Apr 30, 2022 | 547.45 Mn |
| Jan 29, 2022 | 460.26 Mn |
| Oct 30, 2021 | 564.37 Mn |