Ciena (NYSE: CIEN) — Q3 FY2026 Post Earnings

Key Earnings Driver: RLS, Waveserver and Transceivers

Networking Platforms revenue increased 44% year over year to $1.36B. Within Networking Platforms, Optical Networking revenue increased 46% to $1.19B, driven by increased sales of 6500 Reconfigurable Line Systems, Waveserver systems and coherent pluggable transceivers, and Routing and Switching revenue increased 31% to $164.4M. Platform Software and Services revenue increased 10% to $98.6M, Blue Planet Automation Software and Services revenue declined 16.5% to $23.2M, and Global Services revenue increased 21% to $193.6M. On the earnings call, CFO Marc Graff said RLS and Waveserver each grew more than 55%.

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from Ciena website and/or SEC filings for Q3, with status based on reported data.