Ciena (CIEN) Gross Margin (2009 - 2026)
Ciena (CIEN) recorded quarterly Gross Margin of 43.83% in Q1 2026, up 2.68% quarter-over-quarter from 42.69% in Q4 2025, and down 17.0% on a YoY basis from 52.81% in Q1 2025.
Ciena (CIEN) Gross Margin (2009 - 2026) Analysis & Trends
Ciena's Gross Margin history runs 18 years deep, the most recent figure standing at 43.83% for Q1 2026.
- In Q1 2026, Gross Margin fell 17.0% year-over-year to 43.83%; the TTM figure through Jan 2026 stood at 42.13% (down 46.0% YoY), while the FY2025 annual figure was 42.04%, down 79.0% from the prior year.
- Gross Margin was 43.83% for Q1 2026 at Ciena, up from 42.69% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 45.5% in Q1 2022 to a low of 39.26% in Q3 2022.
- Historically, Gross Margin has averaged 42.74% across 5 years, with a median of 42.87% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 876 bps in 2022, then jumped 278 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 44.65% in 2022, then slipped by 4 bps to 43.05% in 2023, then declined by 5 bps to 40.92% in 2024, then advanced by 4 bps to 42.69% in 2025, then rose by 3 bps to 43.83% in 2026.
- The last three Gross Margin figures came in at 43.83% (Q1 2026), 42.69% (Q4 2025), and 41.26% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 63.63% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 43.83% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 50.18% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 88.72% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 44.16% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 47.03% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -470.73% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 29.06% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 49.63% |
| 10 | Viavi Solutions | 10.76 Bn | 10.75 Bn | 234.10 Mn | 57.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 31, 2021 | 48.02% |
| May 1, 2021 | 49.46% |