Ciena Q1 revenue $1.43B (+33% YoY); adjusted EPS $1.35 (+111% YoY); raises FY26 guidance

CIENA CORP

2026-Q1 EPS reported $1.03 revenue$1,427,042,000

Revenue $1.43B, up 33% YoY; GAAP EPS $1.03, adjusted EPS $1.35, up 111% YoY.
Q2 revenue guidance $1.5B ± $50M; FY26 revenue raised to $5.9B–$6.3B (midpoint +28% YoY).
Adjusted gross margin 44.7% (flat YoY); adjusted op margin 17.9% (up 560 bps YoY).
Adjusted EBITDA $287M, up 84% YoY; record Q1 backlog cited; AI-driven demand strong.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CIENA CORP reported fiscal first quarter 2026 results: revenue $1.43 billion, net income $1.03 GAAP and $1.35 adjusted (non-GAAP), EPS $1.03 GAAP and $1.35 adjusted (non-GAAP). Guidance raised.

Period: fiscal first quarter 2026
Revenue: $1.43 billion
Net income: $1.03 GAAP and $1.35 adjusted (non-GAAP)
EPS: $1.03 GAAP and $1.35 adjusted (non-GAAP)
Guidance: raised
Result: reported results

Exact text from the filing

Ciena Reports Fiscal First Quarter 2026 Financial Results Summary • Fiscal first quarter 2026 revenue was $1.43 billion, up 33% year-over-year • Fiscal first quarter 2026 adjusted Earnings Per Share (EPS) was $1.35, an increase of 111% compared to fiscal first quarter 2025 • Providing revenue guidance of $1.5 billion plus or minus $50 million for fiscal second quarter 2026 • Raising revenue guidance range for fiscal year 2026 to $5.9 billion to $6.3 billion, a 28% increase year-over-year at the midpoint

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Source: SEC EDGAR

accession 0001628280-26-015006

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