Ciena (CIEN) Cost of Revenue (2009 - 2026)
Ciena (CIEN) recorded quarterly Cost of Revenue of $148.9 million in Q1 2026, up 110.57% quarter-over-quarter from -$1.4 billion in Q4 2025, and up 9.06% on a YoY basis from $136.5 million in Q1 2025.
Ciena (CIEN) Cost of Revenue (2009 - 2026) Analysis & Trends
Ciena's Cost of Revenue history runs 18 years deep, the most recent figure standing at $148.9 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 9.06% year-over-year to $148.9 million; the TTM figure through Jan 2026 stood at -$403.6 million (down 114.94% YoY), while the FY2025 annual figure was $581.3 million, down 74.67% from the prior year.
- Cost of Revenue was $148.9 million for Q1 2026 at Ciena, up from -$1.4 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.9 billion in Q4 2024 to a low of -$1.4 billion in Q4 2025.
- Historically, Cost of Revenue has averaged $280.8 million across 5 years, with a median of $136.5 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue surged 1454.1% in 2024, then slumped 173.3% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $121.9 million in 2022, then climbed by 1.46% to $123.6 million in 2023, then soared by 1454.1% to $1.9 billion in 2024, then plunged by 173.3% to -$1.4 billion in 2025, then soared by 110.57% to $148.9 million in 2026.
- The last three Cost of Revenue figures came in at $148.9 million (Q1 2026), -$1.4 billion (Q4 2025), and $716.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 5.76 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 148.87 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 1.35 Bn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 1.05 Bn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 432.10 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 417.49 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | 84.10 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 6.35 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 189.00 Mn |
| 10 | Viavi Solutions | 10.76 Bn | 10.75 Bn | 234.10 Mn | 172.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 148.87 Mn |
| Jan 31, 2026 | 148.87 Mn |
| Nov 1, 2025 | -1.41 Bn |
| Nov 1, 2025 | -1.41 Bn |
| Aug 2, 2025 | 716.31 Mn |
| Aug 2, 2025 | 716.31 Mn |
| May 3, 2025 | 139.68 Mn |
| May 3, 2025 | 139.68 Mn |
| Feb 1, 2025 | 136.50 Mn |
| Feb 1, 2025 | 136.50 Mn |
| Nov 2, 2024 | 1.92 Bn |
| Nov 2, 2024 | 1.92 Bn |
| Jul 27, 2024 | 121.52 Mn |
| Jul 27, 2024 | 121.52 Mn |
| Apr 27, 2024 | 522.17 Mn |
| Apr 27, 2024 | 522.17 Mn |
| Jan 27, 2024 | 570.75 Mn |
| Jan 27, 2024 | 570.75 Mn |
| Oct 28, 2023 | 123.65 Mn |
| Oct 28, 2023 | 123.65 Mn |