Ciena (CIEN) Gross Margin (2009 - 2026)
Ciena (CIEN) posted Gross Margin of 45.43% for Q3 2026, up 3.2% on a QoQ basis from 44.03% in Q2 2026, and up 418.0% year-over-year from 8.77% in Q3 2025.
Analysis
Ciena (CIEN) Gross Margin (2009 - 2026) Analysis & Trends
Ciena has reported Gross Margin for 18 years, with the latest figure at 45.43% in Q3 2026.
- On a quarterly basis, Gross Margin rose 418.0% year-over-year to 45.43% in Q3 2026; TTM through Aug 2026 was 44.07%, a 251.0% increase from a year earlier, with the FY2025 full-year figure at 42.04%, down 79.0% from the prior year.
- Gross Margin was 45.43% for Q3 2026 at Ciena, up from 44.03% in the prior quarter.
- The five-year high for Gross Margin was 45.5% in Q1 2022, with the low at 39.26% in Q3 2022.
- Average Gross Margin over 5 years is 42.95%, with a median of 43.05% recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Gross Margin tumbled 876 bps in 2022, then surged 418 bps in 2026.
- Over 5 years, Gross Margin stood at 44.65% in 2022, then dropped by 4 bps to 43.05% in 2023, then fell by 5 bps to 40.92% in 2024, then climbed by 4 bps to 42.69% in 2025, then gained by 6 bps to 45.43% in 2026.
- The last three Gross Margin figures came in at 45.43% (Q3 2026), 44.03% (Q2 2026), and 43.83% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 64.13% |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 45.43% |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 45.80% |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | 45.78% |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 27.72% |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 39.76% |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 62.17% |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 64.85% |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | -78.70% |
| 10 | Calix | 2.26 Bn | 2.07 Bn | 160.12 Mn | 54.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 45.43% |
| May 2, 2026 | 44.03% |
| Jan 31, 2026 | 43.83% |
| Nov 1, 2025 | 42.69% |
| Aug 2, 2025 | 41.26% |
| May 3, 2025 | 40.22% |
| Feb 1, 2025 | 44.00% |
| Nov 2, 2024 | 40.92% |
| Jul 27, 2024 | 42.87% |
| Apr 27, 2024 | 42.67% |
| Jan 27, 2024 | 45.00% |
| Oct 28, 2023 | 43.05% |
| Jul 29, 2023 | 42.04% |
| Apr 29, 2023 | 43.06% |
| Jan 28, 2023 | 43.16% |
| Oct 29, 2022 | 44.65% |
| Jul 30, 2022 | 39.26% |
| Apr 30, 2022 | 42.33% |
| Jan 29, 2022 | 45.50% |
| Oct 30, 2021 | 45.81% |