Ciena revenue jumps 37% to $1.67B, gross margin up 410bps, net income $266.4M

Filed September 3, 2026 · Period ending August 1, 2026 · Compared to 10-Q Sep 4, 2025 · ~1 min read

Key Changes

• high

  Revenue rose 37.0% to $1.67B, driven by AI and cloud demand; gross margin expanded 410bps to 45.4%.

  MD&A: Revenue & Margin verify on EDGAR →
• high

  Net income surged 429.6% to $266.4M, but the gain was driven by below-the-line items, not operations: non-operating/other +$17.2M, income tax -$28.7M (net -$11.5M).

  MD&A: Earnings Quality verify on EDGAR →
• high

  Issued $2.88B of 0% convertible notes due 2031 and repaid its term loan, cutting interest expense by $17.0M.

  Notes: Convertible Notes verify on EDGAR →