CIENA CORPの売上高は？

CIENA CORPの2025年度の売上高は$4.8Bです（前年比+18.8%）。

CIENA CORPの営業利益は？

CIENA CORPの2025年度の営業利益は$198Mです（前年比+18.6%）。

CIENA CORPの純利益は？

CIENA CORPの2025年度の純利益は$123Mです（前年比+46.9%）。

CIENA CORPのROEは？

CIENA CORPの2025年度のROE（自己資本利益率）は4.5%です。

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CIENA CORP（CIEN）の決算・業績分析

CIENA CORPの2025年有価証券報告書をAI分析。売上高$4.8B(+18.8%)。営業利益$198M。Information Technology。

SUMMARY — 業績サマリー

CIENA CORPの2025年度業績サマリー

CIENA CORP（証券コード: CIEN）の2025年度決算・業績分析。売上高は$4.8B（前年比+18.8%）。営業利益は$198M（前年比+18.6%）。純利益は$123M（前年比+46.9%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。

CIENA CORPの2024年度注目ポイント

※ 直近の2025年度XBRLデータは取込済みですが、AI分析は2024年度の10-Kを対象としています。

Revenue remained flat at $3.6B YoY (XBRL), but operating income fell 55.0% to $223M (XBRL), driven by high R&D expenses ($625M) and moderated order volumes (10-K).
Net income declined 69.4% YoY to $153M (XBRL), despite a 43.0% gross margin (XBRL) and $501M in share repurchases (XBRL).
Liquidity remains strong with $1.0B in cash (XBRL) and a 3.84x current ratio (XBRL), but net debt of $533M (1.7x EBITDA) (XBRL) highlights leverage risks.

CIENA CORPの売上高変化の要因

•Total revenue of $3.6B (XBRL) grew 0.3% YoY, but was driven by moderated order volumes from North American communications providers and macroeconomic headwinds in international markets (10-K). Revenue CAGR over 5 years was +7.2% (XBRL), though operating income CAGR was +9.2% (XBRL). No segment-specific revenue data is available (N/A).

CIENA CORPの営業利益変化の要因

•Gross profit was $1.6B (43.0% margin) (XBRL), but operating income fell 55.0% YoY to $223M (XBRL), driven by $625M in R&D expenses (XBRL). Net margin declined to 4.2% (XBRL) from $500M net income in FY2023 (XBRL). Operating margin dropped to 6.1% (XBRL) from $495M operating income in FY2023 (XBRL).

CIENA CORPの事業リスクと対応

Revenue volatility due to customer spending fluctuations, order timing, and backlog reduction (10-K).

Concentration of revenue among a few customers, risking material adverse effects if spending declines (10-K).

Intense competition, pricing pressure, and technology-driven price erosion (10-K).

Reliance on securing quarterly book-to-revenue orders as backlog declines (10-K).

Geopolitical risks, tariffs, and foreign exchange impacts on operations (10-K).

Top 10 customers accounted for 57.9% of FY2024 revenue (10-K).

CIENA CORPの今後の見通し・業績予想

Management guided FY2025 revenue to $4.4B (10-K), driven by AI-driven network innovation, 5G, and cloud growth (10-K). Key challenges include inventory management and macroeconomic headwinds (10-K).

CIENA CORPの事業内容

CIENA CORP provides hardware, software, and services to network operators, enabling enhanced network capacity, service delivery, and automation (10-K). Key products include Networking Platforms (Optical Networking and Routing/Switching), Platform Software (Navigator NCS and Blue Planet Automation), and services like network transformation and maintenance (10-K). Competitive advantages include Adaptive Network vision, software-driven automation, and real-time analytics (10-K). No specific competitors or employee numbers are disclosed (N/A).

CIENA CORPのAI業績分析レポート（2024年度）

CIENA CORP (CIEN) FY2024 Annual Report Analysis

Highlights

•Revenue flat at $3.6B YoY (XBRL), but operating income fell 55.0% to $223M (XBRL).

•Net income declined 69.4% YoY to $153M (XBRL), despite $501M in share repurchases (XBRL).

•Strong liquidity with $1.0B cash (XBRL) but net debt of $533M (1.7x EBITDA) (XBRL).

Business Overview

Revenue Analysis

Total revenue of $3.6B (XBRL) grew 0.3% YoY, but was driven by moderated order volumes from North American communications providers and macroeconomic headwinds in international markets (10-K). Revenue CAGR over 5 years was +7.2% (XBRL), though operating income CAGR was +9.2% (XBRL). No segment-specific revenue data is available (N/A).

Profitability Analysis

Gross profit was $1.6B (43.0% margin) (XBRL), but operating income fell 55.0% YoY to $223M (XBRL), driven by $625M in R&D expenses (XBRL). Net margin declined to 4.2% (XBRL) from $500M net income in FY2023 (XBRL). Operating margin dropped to 6.1% (XBRL) from $495M operating income in FY2023 (XBRL).

Balance Sheet Analysis

Equity ratio of 53.9% (XBRL) and a current ratio of 3.84x (XBRL) indicate strong liquidity. Total cash of $1.0B (XBRL) and long-term debt of $1.5B (XBRL) result in net debt of $533M (1.7x EBITDA) (XBRL). ROE of 5.1% (XBRL) and ROA of 2.7% (XBRL) reflect capital efficiency challenges.

Cash Flow Analysis

Operating cash flow was -$168M (XBRL), with free cash flow of -$259M (XBRL) (OCF -$168M - CapEx $91M). Investing cash flow was -$101M (XBRL), and financing cash flow was -$133M (XBRL), driven by $501M in share repurchases (XBRL). CapEx was $91M (XBRL), with D&A of $96M (XBRL).

Working Capital Analysis

Cash conversion cycle (CCC) was 230 days (XBRL), with receivables at 101 days (XBRL), inventory at 185 days (XBRL), and payables at 56 days (XBRL).

Risks

1.Revenue volatility due to customer spending fluctuations, order timing, and backlog reduction (10-K).

2.Concentration of revenue among a few customers, risking material adverse effects if spending declines (10-K).

3.Intense competition, pricing pressure, and technology-driven price erosion (10-K).

4.Reliance on securing quarterly book-to-revenue orders as backlog declines (10-K).

5.Geopolitical risks, tariffs, and foreign exchange impacts on operations (10-K).

6.Top 10 customers accounted for 57.9% of FY2024 revenue (10-K).

Outlook