CIENA CORP (CIEN) closed fiscal year 2025 with a gross margin of 42.0 % and a net margin of 2.6 %.
CIENA CORP (CIEN) closed fiscal year 2025 with a gross margin of 42.0 % and a net margin of 2.6 %. The same year shows an EBITDA margin of 7.6 % and an EBIT margin of 4.1 %. The free cash flow margin was 13.9 %. Against the previous year the gross margin moved −0.8 pp and the net margin +0.5 pp. Across the period the gross margin ranges between 39.5 % in 2012 and 50.0 % in 2008. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: October
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 49.97 % | 43.64 % | 40.23 % | 40.71 % | 39.49 % | 41.54 % | 41.44 % | 43.98 % | 44.67 % | 44.47 % | 42.49 % | 43.17 % | 46.80 % | 47.56 % | 42.95 % | 42.83 % | 42.83 % | 42.04 % |
| EBITDA margin (%) | 8.06 % | -81.59 % | -14.53 % | -1.92 % | 1.69 % | 4.98 % | 6.44 % | 9.24 % | 10.81 % | 11.60 % | 10.66 % | 13.29 % | 17.74 % | 17.67 % | 10.42 % | 11.89 % | 7.96 % | 7.64 % |
| EBIT margin (%) | 2.42 % | -88.75 % | -26.02 % | -9.37 % | -4.35 % | -0.09 % | 2.00 % | 4.11 % | 6.01 % | 7.66 % | 7.43 % | 9.71 % | 13.79 % | 13.68 % | 6.13 % | 8.15 % | 4.15 % | 4.14 % |
| Net margin (%) | 4.31 % | -89.05 % | -26.97 % | -11.22 % | -7.85 % | -4.10 % | -1.78 % | 0.48 % | 2.79 % | 45.04 % | -11.14 % | 7.09 % | 10.23 % | 13.81 % | 4.21 % | 5.81 % | 2.09 % | 2.59 % |
| FCF margin (%) | 9.71 % | -2.56 % | -22.66 % | -8.20 % | 3.22 % | 0.04 % | 1.82 % | 8.18 % | 7.01 % | 5.01 % | 5.22 % | 9.81 % | 11.64 % | 12.76 % | -7.12 % | 1.42 % | 9.41 % | 13.95 % |
