Ciena today reported strong financial results for its fiscal fourth quarter and full year ended November 1, 2025, underscoring its leadership in high-speed connectivity and its expanding role in the AI ecosystem. The company delivered record revenue and solid profitability, driven by sustained demand from cloud and service provider customers and growing opportunities in and around the data center.
Revenue for the fiscal fourth quarter reached $1.35 billion, a 20.3 percent increase compared to $1.12 billion in the same period last year. For the full fiscal year, revenue rose to $4.77 billion, up 18.8 percent from $4.01 billion in 2024.
Gary Smith, president and CEO of Ciena, emphasized the company’s strategic positioning: “Our record fiscal fourth quarter and full-year performance reinforces our position as the global leader in high-speed connectivity with an expanding role in the AI ecosystem. Looking ahead, we are confident in our growth trajectory over the coming years, driven by durable demand from our cloud and service provider customers and a growing set of opportunities inside and around the data center.”
Marc Graff, CFO of Ciena, highlighted the company’s financial discipline and momentum: “Our results reflect Ciena’s market momentum within a strong demand environment and our commitment to financial discipline, delivering strong top and bottom line performance that exceeded our guidance for the fourth quarter. With our growing operating leverage and strong cash generation and balance sheet, we are well-positioned to deliver value for our customers and shareholders in 2026.”
Looking forward, Ciena expects fiscal year 2026 revenue to range between $5.7 billion and $6.1 billion, with adjusted gross margins of approximately 43 percent, adjusted operating expenses of about $1.52 billion, and adjusted operating margins around 17 percent. For the fiscal first quarter of 2026, the company anticipates revenue between $1.35 billion and $1.43 billion, adjusted gross margins between 43 and 44 percent, operating expenses of approximately $380 million, and adjusted operating margins in the range of 15.5 to 16.5 percent.
This performance underscores Ciena’s resilience and growth potential as it continues to capitalize on demand for advanced connectivity solutions and its expanding role in powering AI-driven infrastructure.
