Ciena Income Statement

Financials in millions USD. Fiscal year is December - November.

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 1, 2025	Nov '24 Nov 2, 2024	Oct '23 Oct 28, 2023	Oct '22 Oct 29, 2022	Oct '21 Oct 30, 2021
Revenue	4,770	4,015	4,387	3,633	3,621
Revenue Growth (YoY)	18.79%	-8.47%	20.75%	0.33%	2.51%
Cost of Revenue	2,765	2,295	2,508	2,072	1,906
Gross Profit	2,005	1,720	1,879	1,560	1,715
Selling, General & Admin	820.04	731.32	706.09	645.95	638.9
Research & Development	848.33	767.5	750.56	624.66	566.19
Amortization of Goodwill & Intangibles	25.76	29.57	37.35	32.51	23.73
Operating Expenses	1,694	1,528	1,494	1,303	1,229
Operating Income	310.79	191.21	384.85	257.23	486.21
Interest Expense	-89.4	-97.03	-88.03	-47.05	-30.84
Interest & Investment Income	55.02	62.12	45.01	10.06	2.05
Currency Exchange Gain (Loss)	-3.77	-10.28	-4.32	-1.52	-3.45
Other Non Operating Income (Expenses)	-2.36	-1.58	-5.05	-5.92	-0.53
EBT Excluding Unusual Items	270.28	144.44	332.47	212.81	453.44
Merger & Restructuring Charges	-24.16	-24.59	-27.31	-34.42	-32.14
Gain (Loss) on Sale of Investments	-	-	26.37	4.12	0.16
Other Unusual Items	-0.73	-	-7.87	-	41.28
Pretax Income	156.29	119.85	323.65	182.51	462.75
Income Tax Expense	32.95	35.89	68.83	29.6	-37.45
Net Income	123.34	83.96	254.83	152.9	500.2
Net Income to Common	123.34	83.96	254.83	152.9	500.2
Net Income Growth	46.91%	-67.05%	66.66%	-69.43%	38.45%
Shares Outstanding (Basic)	142	145	149	151	155
Shares Outstanding (Diluted)	145	146	149	152	157
Shares Change (YoY)	-0.49%	-2.29%	-1.85%	-2.90%	0.51%
EPS (Basic)	0.87	0.58	1.71	1.01	3.22
EPS (Diluted)	0.85	0.58	1.71	1.00	3.19
EPS Growth	46.55%	-66.08%	71.00%	-68.65%	37.50%
Free Cash Flow	665.29	377.89	62.14	-258.57	462.1
Free Cash Flow Per Share	4.58	2.59	0.42	-1.70	2.95
Gross Margin	42.04%	42.83%	42.83%	42.95%	47.37%
Operating Margin	6.52%	4.76%	8.77%	7.08%	13.43%
Profit Margin	2.59%	2.09%	5.81%	4.21%	13.81%
Free Cash Flow Margin	13.95%	9.41%	1.42%	-7.12%	12.76%
EBITDA	451.13	324.68	527.03	397.43	618.48
EBITDA Margin	9.46%	8.09%	12.02%	10.94%	17.08%
D&A For EBITDA	140.34	133.47	142.18	140.2	132.27
EBIT	310.79	191.21	384.85	257.23	486.21
EBIT Margin	6.52%	4.76%	8.77%	7.08%	13.43%
Effective Tax Rate	21.08%	29.95%	21.27%	16.22%	-
Revenue as Reported	4,770	4,015	4,387	3,633	3,621

Source: S&P Global Market Intelligence. Standard template. Financial Sources.