Company Dossier · Information Technology
Ciena
- S&P 500
- Russell 1000
What Ciena is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to August 1, 2026: $6.02 billion, up 33% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to August 1, 2026: $0.81 billion, up 33% from a year earlier.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to August 1, 2026: $0.24 billion, up 33% from a year earlier.SEC EDGAR filings (XBRL)
- Share buybacks in the fiscal year to November 1, 2025: $0.33 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (September 3, 2026): sentiment 0.80 on a −1 to +1 scale (confident, opportunity-framed), confidence 0.90 of 1.Palanor Discourse
- Guidance in the last 90 days: 1 outlook figure raised, 0 lowered, 0 held.Guidance Ledger (8-K results releases)
- Latest annual report (filed December 12, 2025): 3 risk factors added, 14 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q3 2026: $19.4 million on the open market.SEC Form 4
- 1,228 institutional managers reported a position at June 30, 2026 (+143 on the quarter before).SEC Form 13F
- H-1B filings certified in Q2 2026: 8 (8 a year earlier).U.S. Department of Labor (OFLC)
Company Posture
How Company Posture is measured →What Ciena is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Steady · Confident
Expanding ↔ Retrenching
Steady
- Capital spending66th pct
- Debt raised—
- Buybacks vs capex75th pct
- Hiring filings58th pct
- Deals and private raises48th pct
- Patent publications53rd pct
Confident ↔ Hedging
Confident
- Call sentiment68th pct
- Call confidence71st pct
- Guidance changes75th pct
- Risk factors added13th pct
- Insider open-market trades45th pct
- + Guidance changes
- − Risk factors added
- + Call sentiment
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver57th pct
- Stress filings49th pct
Credit
How these are built →Ciena's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Debt on the balance sheet
$3.2B
- Due within a year $0.0B
- Longer term $3.2B
- Default point $1.6B (short + ½ long)
Finance leases included · Aug 1, 2026 filing
Bonds priced, last 12 months
None
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Ciena: guidance raised minus lowered
Guidance Ledger statements by quarter
Ciena: earnings call sentiment
Palanor Discourse score per call, −1 to +1
Hiring and ownership
In the news
Headlines that name Ciena, with the publisher and a link. The tone is read from each headline’s own words, never from a summary of the article.
- NeutralAI agents don’t take coffee breaks. Can India’s networks keep up?| Ciena’s Gautam Billa
economictimes.indiatimes.com · via Marketaux · Oct 9, 2026
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- Oct 20, 2026LobbyingLobbying report (AKIN GUMP STRAUSS HAUER & FELD)third_quarter 2026 · $0.1 million
- Oct 20, 2026Patent
- Oct 20, 2026Patent
- Oct 20, 2026Patent
- Oct 20, 2026Patent
- Oct 13, 2026Patent
- Oct 12, 2026LobbyingLobbying report (CIENA CORPORATION (FORMERLY CIENA CORPORATION, BROADBAND GROUP))third_quarter 2026 · $0.3 million
- Jul 20, 2026LobbyingLobbying report (AKIN GUMP STRAUSS HAUER & FELD)second_quarter 2026 · $0.1 million
- Jul 13, 2026LobbyingLobbying report (CIENA CORPORATION (FORMERLY CIENA CORPORATION, BROADBAND GROUP))second_quarter 2026 · $0.3 million
- Jun 11, 20268-KMaterial agreement signedItem 1.01
- Apr 20, 2026LobbyingLobbying report (CIENA CORPORATION (FORMERLY CIENA CORPORATION, BROADBAND GROUP))first_quarter 2026 · $0.4 million
- Apr 20, 2026LobbyingLobbying report (AKIN GUMP STRAUSS HAUER & FELD)first_quarter 2026 · $0.1 million
- Mar 31, 20268-KShareholder vote resultsItem 5.07
- Jan 20, 2026LobbyingLobbying report (MONUMENT ADVOCACY)fourth_quarter 2025
- Jan 20, 2026LobbyingLobbying report (AKIN GUMP STRAUSS HAUER & FELD)fourth_quarter 2025 · $0.1 million
- Dec 12, 202510-KAnnual report (10-K)3 risk factors added, 14 removed
- Dec 4, 20258-KDirector or officer changeItem 5.02
- Jun 18, 20258-KDirector or officer changeItem 5.02
- Apr 1, 20258-KShareholder vote resultsItem 5.07
- Jan 21, 20258-KMaterial agreement signedItem 1.01
- Dec 20, 202410-KAnnual report (10-K)0 risk factors added, 1 removed
- Dec 12, 20248-KDirector or officer changeItem 5.02
- Dec 15, 202310-KAnnual report (10-K)2 risk factors added, 2 removed
Peers
Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| Arista Networks ANET | $10.5B | — | Jun 30, 2026 |
| F5, Inc. FFIV | $3.3B | $1.0B | Jun 30, 2026 |
| Motorola Solutions MSI | $12.2B | $2.7B | Jul 4, 2026 |
| Lumentum LITE | — | $0.3B | Jun 27, 2026 |
| Palantir Technologies PLTR | $6.2B | $3.4B | Jun 30, 2026 |
| Zebra Technologies ZBRA | $5.8B | $0.9B | Jul 4, 2026 |
| ON Semiconductor ON | $6.2B | $1.5B | Jul 3, 2026 |
| Teledyne Technologies TDY | $6.4B | $1.1B | Jun 28, 2026 |