Filing Flows › Ciena (CIEN) › Operating margin
Ciena (CIEN) operating margin by quarter
Ciena's operating margin was 18.0% in Q3 FY26 (third quarter fiscal 2026), +2.9 pts from Q2 FY26. Over the last 7 quarters it ranged from 0.8% (Q4 FY25) to 18.0% (Q3 FY26).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 FY26 | 18.0% | +2.9 pts | +12.0 pts |
| Q2 FY26 | 15.1% | +1.9 pts | +12.2 pts |
| Q1 FY26 | 13.3% | +12.5 pts | — |
| Q4 FY25 | 0.8% | -5.3 pts | -4.5 pts |
| Q3 FY25 | 6.0% | +3.1 pts | — |
| Q2 FY25 | 2.9% | -2.4 pts | — |
| Q4 FY24 | 5.3% | — | — |
Q3 FY26 at a glance
Ciena, Q3 FY26: revenue $1.7B (+37% year over year), operating margin 18.0%, net earnings $266M, operating cash flow $196M. The chart follows the revenue to costs, profit and cash.
Questions
What is Ciena's operating margin?
Ciena's operating margin was 18.0% in Q3 FY26 (third quarter fiscal 2026), +2.9 pts from Q2 FY26.
How has Ciena's operating margin changed?
Over the last 7 quarters it ranged from 0.8% (Q4 FY25) to 18.0% (Q3 FY26).