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
DateValue
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