Short answer
Ciena (CIEN) filed its Q2 2026 10-Q quarterly report on Jun 4, 2026 for the quarter ended May 2, 2026. Quarterly revenue was $1.6B (up 39.5% year over year) with net income of $218M.
Q2 2026 key financials · XBRL
- Revenue
- $1.6B
- +39.5% YoY · +10.1% QoQ
- Net income
- $218M
- +2333.0% YoY · +45.2% QoQ
- Operating margin
- 15.1%
- Gross margin
- 44.0%
- EPS (diluted)
- $1.49
- +2383.3% YoY · +44.7% QoQ
Source: XBRL data from the Ciena (CIEN) Q2 2026 10-Q on SEC EDGAR. USD.
Ciena Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Cash, cash equivalents and investments $1.403B, up $37.7M from November 1, 2025
- Operating cash flow $487.3M during first six months of fiscal 2026
- Stock repurchases totaled $344.3M, including $179.4M for employee award tax withholding
- Capital expenditures $114.9M and term-loan payments $5.8M
- Inventories increased $24.7M, reflecting higher finished-goods stock amid supply-chain volatility
Risk Factors
- Forward-looking statements risk: unanticipated risks could materially harm business, financial condition, or results
- Capital allocation risk: $83.1 million repurchased during the quarter
- Liquidity risk: $506.7 million remaining under the stock repurchase authorization as of May 2, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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