Ciena (CIEN) Operating Margin (2009 - 2026)
Ciena's Operating Margin was 18.02% in fiscal Q3 2026 (quarter ended Aug 1, 2026), up 11.99 percentage points from 6.03% a year earlier and up 2.88 percentage points from the prior quarter.
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Analysis
Ciena (CIEN) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ciena's Operating Margin was 12.27% through Aug 1, 2026, up 6.85 percentage points year-over-year; for FY2025 (ended Nov 1, 2025), it was 4.14%, down 0.01 percentage points from FY2024.
- Operating Margin shows a five-year change of -9.65 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Operating Margin was 4.15% in FY2024 (-4.00 pp), 8.15% in FY2023 (+2.02 pp), 6.13% in FY2022 (-7.55 pp) and 13.68% in FY2021 (-0.11 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Operating Margin since fiscal Q3 2020.
- Compared with a year earlier, Operating Margin has increased for three straight quarters, with an average year-over-year change of +3.57 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was fiscal Q2 2026 (a gain of 12.23 percentage points); the worst was fiscal Q3 2022 (a drop of 11.91 percentage points).
- Per Business Quant data, CIEN's Operating Margin in the three fiscal quarters before Q3 2026 was 15.14% (Q2 2026), 13.27% (Q1 2026) and 0.78% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,023.53 Bn | 4,771.02 Bn | 54.77 Bn | 32.62% |
| 2 | Cisco Systems | 434.59 Bn | 370.52 Bn | 11.06 Bn | 24.72% |
| 3 | Dell Technologies | 303.32 Bn | 259.08 Bn | 9.83 Bn | 11.46% |
| 4 | Arista Networks | 233.08 Bn | 186.53 Bn | 1.91 Bn | 45.39% |
| 5 | Sandisk | 204.99 Bn | 193.51 Bn | 7.58 Bn | 78.49% |
| 6 | Seagate Technology Holdings | 151.41 Bn | 146.40 Bn | 1.90 Bn | 42.96% |
| 7 | Sony | 147.67 Bn | 84.93 Bn | 6.53 Bn | 16.79% |
| 8 | Western Digital | 122.89 Bn | 111.02 Bn | 2.03 Bn | 41.71% |
| 9 | Hewlett Packard Enterprise | 78.34 Bn | 56.22 Bn | 4.93 Bn | 11.41% |
| 10 | Ciena | 50.51 Bn | 44.07 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();