Ethernet Switching

Ciena (NYSE: CIEN) — Q3 FY2026 Post Earnings

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Ciena q3 26 post earnings Finance Note

Operations

As of September 4, 2026
Q3 Revenue ↑ 37% YoY $1.67B
Divisions
Networking Platforms 81.1%
Platform Software and Services 5.9%
Blue Planet Automation Software and Services 1.4%
Global Services 11.6%

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

METRIC

STATUS

Networking Platforms↑ 44%

Optical Networking↑ 46%

6500 Reconfigurable Line Systems

🟢 Scaling

Waveserver

🟢 Scaling

Coherent pluggable transceivers

🟢 Scaling

Global Services↑ 21%

Key Financial Metrics

Gross Margin 45.40% +4.1 pp YoY
Backlog / Revenue 508.6% 5.08x Qtr Rev
CapEx Intensity N/A

Sources: Ciena Q3 FY2026 Earnings Release — Company Website

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

Broadcom (NASDAQ: AVGO) — Q3 FY2026 Post Earnings

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Broadcom avgo q3 26 post earnings

Operations

As of September 3, 2026
Q3 Revenue ↑ 86% YoY $29.6B
Divisions
Semiconductor Solutions 70.4%
Infrastructure Software 29.6%

Key Earnings Driver

AI Accelerators and AI Networking Semiconductor Solutions revenue increased 127% year over year to $20.8B. Within Semiconductor Solutions, AI semiconductor revenue increased 221% to $16.7B, driven by strong demand for custom AI accelerators and AI networking. Infrastructure Software revenue increased 29% to $8.8B. Management expects AI semiconductor revenue to reach $21.7B in Q4.

Key Operating Metrics¹

METRIC

STATUS

Semiconductor Solutions↑ 127%

AI Accelerators

🟢 Scaling

AI Networking

🟢 Scaling

Infrastructure Software↑ 29%

Key Financial Metrics

Gross Margin 69.13% +2.04 pp YoY
Backlog / Revenue N/A
CapEx Intensity 1.80% 0.01x Revenue

Sources: Broadcom Q3 FY2026 Earnings Release — Company Website, Broadcom Q3 FY2026 Company Presentation — Company Website, Broadcom Q3 FY2026 Earnings Conference Call — Company Website

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

Broadcom (NASDAQ: AVGO) — Q3 FY2026 Pre Earnings

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Broadcom avgo q3 26 pre earnings finance note

Operations

As of September 2, 2026
Q2 Revenue ↑ 48% YoY $22.2B
Divisions
Semiconductor Solutions 67.6%
Infrastructure Software 32.4%

Key Earnings Driver

AI Accelerators and AI Networking Semiconductor Solutions revenue increased 79% year over year to $15.0B. Within Semiconductor Solutions, AI semiconductor revenue increased 143% to $10.8B, driven by increasing demand for custom AI Accelerators and AI Networking. Infrastructure Software revenue increased 9% to $7.2B, primarily driven by VMware Cloud Foundation. For Q3, Hock Tan, President and CEO of Broadcom, expects semiconductor revenue from AI to grow more than 200% year over year to $16.0B.

Key Operating Metrics¹

METRIC

STATUS

Semiconductor Solutions↑ 79%

AI Accelerators

🟢 Scaling

AI Networking

🟢 Scaling

Infrastructure Software↑ 9%

VMware Cloud Foundation

Key Financial Metrics

Gross Margin 69.47% +1.51 pp YoY
Backlog / Revenue N/A
CapEx Intensity 1.04% 0.01x Revenue

Sources: Broadcom Q2 FY2026 Earnings Release — Company Website, Broadcom Q2 FY2026 Company Overview — Company Website

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

NVIDIA (NASDAQ: NVDA) — Q2 FY2027 Post Earnings

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NVIDIA Q2 2027 Post Earnings

Operations

As of August 26, 2026
Q2 Revenue ↑ 106% YoY $96.2B
Divisions
Data Center 92.5%
Edge Computing 7.5%

Key Earnings Driver

Data Center Data Center revenue increased 117% to $89.0 billion, representing 92.5% of total revenue. Within Data Center, NVIDIA announced the NVIDIA Vera Rubin platform is ramping into full production, and NVIDIA Blackwell led across every category in the MLPerf Training 6.0 benchmarks. Edge Computing revenue increased 27% to $7.2 billion.

Key Operating Metrics¹

METRIC

STATUS

Data Center↑ 117%

🟢 Scaling

Key Financial Metrics

Gross Margin 75.00% +2.6 pp YoY
Backlog / Revenue N/A
CapEx Intensity 2.78% 0.02x Revenue

Sources: NVIDIA Q2 FY2027 Earnings Release — Company Website

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