Ciena Corporation stock research
FY2026 Q2
Ciena (CIEN) Gross Margin & Quarterly History
Explore Ciena Corporation (CIEN) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended May 2, 2026 · FY2026 Q2
Revenue and gross profit were higher than both the prior quarter and the same quarter last year. Gross margin improved, as the increase in gross profit outpaced the increase in cost of revenue.
- The gross margin improvement is associated with gross profit rising faster than cost of revenue, which lifted the margin percentage.
- Compared to the immediately preceding quarter, gross margin was slightly higher. Compared to the same quarter one year earlier, gross margin was notably higher, reflecting a larger gap between revenue growth and cost growth.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
44.0%
Gross profit
$691.6M
Revenue
$1.6B
Cost of revenue
$879.2M
Quarter-over-quarter change
+0.2 pts
Year-over-year change
+3.8 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Aug 2, 2025 | $1.2B | $503.1M | $716.3M | 41.3% |
| Nov 1, 2025 | $1.4B | $577.2M | $774.8M | 42.7% |
| Jan 31, 2026 | $1.4B | $625.5M | $801.5M | 43.8% |
| May 2, 2026 | $1.6B | $691.6M | $879.2M | 44.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jan 31, 2026
+0.2 pts
Year-over-year change
May 3, 2025
+3.8 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The gross margin improvement is associated with gross profit rising faster than cost of revenue, which lifted the margin percentage.
Compared to the immediately preceding quarter, gross margin was slightly higher. Compared to the same quarter one year earlier, gross margin was notably higher, reflecting a larger gap between revenue growth and cost growth.
Monitor the trend in cost of revenue relative to revenue to see if the favorable margin pattern continues.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Ciena Corporation (CIEN) | 44.0% |