← CIENA CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.6b | $2.8b | $3.1b | $3.6b | $3.5b | $3.6b | $3.6b | $4.4b | $4.0b | $4.8b | |
| Cost of Revenue | $1.4b | $1.6b | $1.8b | $2.0b | $1.9b | $1.9b | $2.1b | $2.5b | $2.3b | $2.8b | |
| Gross Profit | $1.2b | $1.2b | $1.3b | $1.5b | $1.7b | $1.7b | $1.6b | $1.9b | $1.7b | $2.0b | |
| Operating Expenses | $1.0b | $1.0b | $1.1b | $1.2b | $1.2b | $1.2b | $1.3b | $1.5b | $1.6b | $1.8b | |
| Operating Income (Loss) | $156.2m | $214.7m | $229.9m | $346.8m | $487.0m | $495.4m | $222.8m | $357.5m | $166.6m | $197.5m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $61.5m | $33.0m | $15.7m | $21.8m | $23.4m | $23.7m | $32.5m | $37.4m | $29.6m | $25.8m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $5.9m | ($4.4m) | ($19.4m) | ($9.8m) | ($13.0m) | ($14.6m) | $2.5m | ($427k) | ($11.7m) | ($63k) | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $58.2m | $114.2m | $107.0m | $256.5m | $387.7m | $298.5m | $28.8m | $93.7m | $244k | ($22.8m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $462.8m | $182.5m | $323.7m | $119.8m | $156.3m | |
| Net Income (Loss) Attributable to Parent | $72.6m | $1.3b | ($344.7m) | $253.4m | $361.3m | $500.2m | $152.9m | $254.8m | $84.0m | $123.3m | |
| Earnings Per Share, Basic | $0.52 | $8.89 | ($2.40) | $1.63 | $2.34 | $3.22 | $1.01 | $1.71 | $0.58 | $0.87 | |
| Earnings Per Share, Diluted | $0.51 | $7.53 | ($2.49) | $1.61 | $2.32 | $3.19 | $1.00 | $1.71 | $0.58 | $0.85 | |
| Weighted Average Number of Shares Outstanding, Basic | 138.3m | 142.0m | 143.7m | 155.7m | 154.3m | 155.3m | 151.2m | 149.0m | 144.7m | 142.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 150.7m | 169.9m | 143.7m | 157.6m | 156.0m | 156.7m | 152.2m | 149.4m | 146.0m | 145.2m | |
| Other Nonoperating Income (Expense) | $632k | ($133k) | ($1.0m) | ($737k) | $1.6m | ($369k) | ($5.9m) | ($5.0m) | ($1.6m) | ($2.4m) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $97.0m | $89.4m | |
| Business Combination, Acquisition Related Costs | $4.6m | $0 | $5.1m | $3.4m | $4.0m | $2.6m | $598k | $3.5m | $0 | $1.1m | |
| Current Income Tax Expense (Benefit) | $15.2m | $20.9m | $29.8m | $39.9m | $30.3m | $119.0m | $57.1m | $83.7m | $112.7m | $56.1m | |
| General and Administrative Expense | $132.8m | $142.6m | $160.1m | $174.4m | $169.5m | $181.9m | $179.4m | $215.3m | $220.6m | $238.7m | |
| Interest Expense | $56.7m | $55.9m | $55.2m | $37.5m | $31.3m | $30.8m | $47.0m | $88.0m | — | — | |
| Research and Development Expense | $451.8m | $475.3m | $491.6m | $548.1m | $529.9m | $536.7m | $624.7m | $750.6m | $767.5m | $848.3m | |
| Selling and Marketing Expense | $349.7m | $356.2m | $394.1m | $423.0m | $416.4m | $452.2m | $466.6m | $490.8m | $510.7m | $581.3m | |
| Income Tax Expense (Benefit) | $14.1m | ($1.1b) | $493.5m | $59.8m | $94.7m | ($37.4m) | $29.6m | $68.8m | $35.9m | $32.9m | |
| Interest Income (Expense), Nonoperating, Net | $4.1m | $6.6m | $13.7m | $14.4m | $6.9m | $2.1m | $10.1m | $45.0m | $62.1m | $55.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.