CIENCiena

Technology · Communications Equipment · NYSE

We are a network technology company, providing hardware, software, and services to a wide range of network operators and enabling enhanced network capacity, service delivery, and automation. 10-K, Item 1

Headquarters: Hanover, MD
CEO: Gary B. Smith
Next results: around Dec 10, 2026

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Key numbers

Latest fiscal year, with ten years behind each

RevenueFY2018–25 $4.8B+18.8% Highest in 10 years 10-K FY2025 · XBRL Net incomeFY2018–25 $123.3M+46.9% FY2024: $84.0M 10-K FY2025 · XBRL Free cash flowFY2018–25 $665.3M+76.1% Highest in 10 years 10-K FY2025 · XBRL Operating marginFY2018–25 4.1%−0.0 pts 7.4% in FY2018 10-K FY2025 · XBRL

What changed

10-K filed Dec 12, 2025 against Dec 20, 2024

Area	What changed	Source
Risk factors	33 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Accounting checks	11 other checks clear	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	0 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Dec 12, 2025

Paragraphs in Risk Factors that were not in the 10-K filed 2024-12-20. Quoted as filed.

Our revenue, gross margin, and operating results can be adversely impacted by a number of factors that would cause our results to fluctuate. Our results of operations are subject to significant, and often difficult to predict, quarterly fluctuations due to a variety of factors. A portion of our quarterly revenue is generated from…
10-K, Item 1A

All 33 new paragraphs →

Accounting checks

latest 10-K

11 of 11 clear 0 worth a look. Checks, not verdicts.

✓
Receivables +7.4% vs revenue +18.8% (-11.4 pts)
✓
Cash from operations $806.1M vs net income $123.3M (FY ending 2025-11-01)
✓
Inventory +0.7% vs revenue +18.8% (-18.1 pts)
✓
Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
The same matters as last year: Reserve for Excess and Obsolete Inventory
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Nothing new. The most recent filings:

Sep 3, 20268-K Quarterly results 8-K item 2.02
Sep 3, 202610-Q Quarterly report (10-Q) period ended Aug 1, 2026
Jun 11, 20268-K Material agreement signed, New debt or obligation, Unregistered share sale, Other events 8-K items 1.01, 2.03, 3.02, 8.01
Jun 8, 20268-K Other events 8-K item 8.01

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