Ciena (CIEN) Operating Margin (2009 - 2026)
Ciena (CIEN) posted Operating Margin of 18.02% for Q3 2026, up 19.01% on a QoQ basis from 15.14% in Q2 2026, and up 1199.0% year-over-year from 1.39% in Q3 2025.
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Analysis
Ciena (CIEN) Operating Margin (2009 - 2026) Analysis & Trends
Ciena has reported Operating Margin for 18 years, with the latest figure at 18.02% in Q3 2026.
- On a quarterly basis, Operating Margin rose 1199.0% year-over-year to 18.02% in Q3 2026; TTM through Aug 2026 was 12.27%, a 685.0% increase from a year earlier, with the FY2025 full-year figure at 4.14%, down 1.0% from the prior year.
- Operating Margin was 18.02% for Q3 2026 at Ciena, up from 15.14% in the prior quarter.
- The five-year high for Operating Margin was 18.02% in Q3 2026, with the low at 0.44% in Q2 2024.
- Average Operating Margin over 5 years is 7.18%, with a median of 7.32% recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Operating Margin sank 1191 bps in 2022, then jumped 1223 bps in 2026.
- Over 5 years, Operating Margin stood at 7.96% in 2022, then gained by 2 bps to 8.08% in 2023, then sank by 35 bps to 5.27% in 2024, then slumped by 85 bps to 0.78% in 2025, then jumped by 2223 bps to 18.02% in 2026.
- The last three Operating Margin figures came in at 18.02% (Q3 2026), 15.14% (Q2 2026), and 13.27% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,923.51 Bn | 4,861.11 Bn | 54.77 Bn | 32.62% |
| 2 | Cisco Systems | 419.97 Bn | 404.45 Bn | 11.06 Bn | 24.72% |
| 3 | Dell Technologies | 351.63 Bn | 340.06 Bn | 9.83 Bn | 11.46% |
| 4 | Sandisk | 265.22 Bn | 260.46 Bn | 7.58 Bn | 78.49% |
| 5 | Arista Networks | 256.62 Bn | 243.27 Bn | 1.91 Bn | 45.39% |
| 6 | Seagate Technology Holdings | 209.52 Bn | 207.82 Bn | 1.90 Bn | 42.96% |
| 7 | Western Digital | 171.00 Bn | 169.42 Bn | 2.03 Bn | 41.71% |
| 8 | Sony | 142.68 Bn | 123.26 Bn | 6.53 Bn | 16.79% |
| 9 | Lumentum Holdings | 83.02 Bn | 80.28 Bn | 477.30 Mn | 27.76% |
| 10 | Ciena | 50.48 Bn | 47.85 Bn | 759.27 Mn | 18.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 18.02% |
| May 2, 2026 | 15.14% |
| Jan 31, 2026 | 13.27% |
| Nov 1, 2025 | 0.78% |
| Aug 2, 2025 | 6.03% |
| May 3, 2025 | 2.92% |
| Feb 1, 2025 | 7.52% |
| Nov 2, 2024 | 5.27% |
| Jul 27, 2024 | 2.84% |
| Apr 27, 2024 | -0.44% |
| Jan 27, 2024 | 8.16% |
| Oct 28, 2023 | 8.08% |
| Jul 29, 2023 | 7.32% |
| Apr 29, 2023 | 9.08% |
| Jan 28, 2023 | 8.07% |
| Oct 29, 2022 | 7.96% |
| Jul 30, 2022 | 3.12% |
| Apr 30, 2022 | 6.16% |
| Jan 29, 2022 | 7.11% |
| Oct 30, 2021 | 13.19% |
API Access
Ciena Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CIEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CIEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CIEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();