Ciena Corporation (CIEN) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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CIEN Revenue Growth
Revenue Breakdown (FY 2024)
CIEN's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
CIEN Revenue Analysis (2014–2025)
As of May 8, 2026, Ciena Corporation (CIEN) generated trailing twelve-month (TTM) revenue of $5.12 billion, reflecting explosive growth of +33.1% year-over-year. The most recent quarter (Q1 2026) recorded $1.43 billion in revenue, up 5.6% sequentially.
Looking at the longer-term picture, CIEN's 5-year compound annual growth rate (CAGR) stands at +6.2%, indicating steady revenue expansion. The company achieved its highest annual revenue of $4.77 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows CIEN's business is primarily driven by Networking Platforms Segment (76%), Global Services (13%), and Platform Software and Services Segment (9%). With over half of revenue concentrated in Networking Platforms Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including ADTN (+18.8% YoY), CALX (+28.4% YoY), and VIAV (+30.6% YoY), CIEN has underperformed the peer group in terms of revenue growth. Compare CIEN vs ADTN →
CIEN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CIENCurrent | $5.1B | +33.1% | +6.2% | 6.5% | |
 ADTN | $1.1B | +18.8% | +16.4% | -1.4% | |
 CALX | $1.0B | +28.4% | +13.1% | 2.1% | |
 VIAV | $1.1B | +30.6% | -0.9% | 6.5% | |
 LITE | $1.6B | +69.0% | -0.4% | -10.9% | |
 NOK | $19.9B | +4.3% | -1.9% | 3.9% |
CIEN Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.77B | +18.8% | $1.98B | 41.5% | $310.8M | 6.5% |
| 2024 | $4.01B | -8.5% | $1.60B | 39.8% | $191.2M | 4.8% |
| 2023 | $4.39B | +20.8% | $1.75B | 39.9% | $384.9M | 8.8% |
| 2022 | $3.63B | +0.3% | $1.43B | 39.4% | $257.2M | 7.1% |
| 2021 | $3.62B | +2.5% | $1.60B | 44.2% | $527.5M | 14.6% |
| 2020 | $3.53B | -1.1% | $1.54B | 43.5% | $513.6M | 14.5% |
| 2019 | $3.57B | +15.4% | $1.43B | 40.1% | $374.7M | 10.5% |
| 2018 | $3.09B | +10.4% | $1.21B | 39.3% | $253.2M | 8.2% |
| 2017 | $2.80B | +7.7% | $1.14B | 40.5% | $237.1M | 8.5% |
| 2016 | $2.60B | +6.3% | $1.04B | 39.9% | $165.7M | 6.4% |
Full CIEN Stock Analysis
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Start ComparisonCIEN — Frequently Asked Questions
Quick answers to the most common questions about buying CIEN stock.
Is CIEN's revenue growth accelerating or slowing?
CIEN revenue is accelerating at +33.1% year-over-year, exceeding the 5-year CAGR of +6.2%. TTM revenue reached $5.1B. Growth momentum has increased versus prior periods.
What is CIEN's long-term revenue growth rate?
Ciena Corporation's 5-year revenue CAGR of +6.2% reflects the sustained expansion pattern. Current YoY growth of +33.1% is above this long-term average.
How is CIEN's revenue distributed by segment?
CIEN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.