CIENA CORP
For the period ended Nov 1, 2025. Filed Dec 12, 2025.
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FY2025 · Filed Dec 12, 2025
CIEN$269.33+10.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(in thousands, except per share data)
| Year Ended | |||
|---|---|---|---|
| November 1, 2025 | November 2, 2024 | October 28, 2023 | |
| Revenue: | |||
| Products | $3,822,618 | $3,159,021 | $3,581,039 |
| Services | 946,889 | 855,934 | 805,510 |
| Total revenue | 4,769,507 | 4,014,955 | 4,386,549 |
| Cost of goods sold: | |||
| Products | 2,250,966 | 1,861,317 | 2,088,440 |
| Services | 513,624 | 434,048 | 419,258 |
| Total cost of goods sold | 2,764,590 | 2,295,365 | 2,507,698 |
| Gross profit | 2,004,917 | 1,719,590 | 1,878,851 |
| Operating expenses: | |||
| Research and development | 848,329 | 767,497 | 750,559 |
| Selling and marketing | 581,331 | 510,668 | 490,804 |
| General and administrative | 238,707 | 220,647 | 215,284 |
| Significant asset impairments and restructuring costs | 112,113 | 24,592 | 23,834 |
| Amortization of intangible assets | 25,758 | 29,569 | 37,351 |
| Acquisition and integration costs | 1,148 | — | 3,474 |
| Total operating expenses | 1,807,386 | 1,552,973 | 1,521,306 |
| Income from operations | 197,531 | 166,617 | 357,545 |
| Interest and other income, net | 48,888 | 50,261 | 62,008 |
| Interest expense | (89,403) | (97,028) | (88,026) |
| Loss on extinguishment and modification of debt | (729) | — | (7,874) |
| Income before income taxes | 156,287 | 119,850 | 323,653 |
| Provision for income taxes | 32,949 | 35,894 | 68,826 |
| Net income | $123,338 | $83,956 | $254,827 |
| Basic net income per common share | $0.87 | $0.58 | $1.71 |
| Diluted net income per potential common share | $0.85 | $0.58 | $1.71 |
| Weighted average basic common shares outstanding | 142,221 | 144,715 | 148,971 |
| Weighted average diluted potential common shares outstanding | 145,248 | 145,964 | 149,380 |
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