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Side-by-side financial comparison of Advantage Solutions Inc. (ADV) and CIENA CORP (CIEN). Click either name above to swap in a different company.

CIENA CORP is the larger business by last-quarter revenue ($1.2B vs $932.1M, roughly 1.3× Advantage Solutions Inc.). CIENA CORP runs the higher net margin — 4.1% vs -17.4%, a 21.5% gap on every dollar of revenue. CIENA CORP produced more free cash flow last quarter ($134.6M vs $23.4M). Over the past eight quarters, Advantage Solutions Inc.'s revenue compounded faster (4.0% CAGR vs 3.9%).

LexisNexis Risk Solutions is a global data and analytics company that provides data and technology services, analytics, predictive insights, and fraud prevention for a wide range of industries. It is headquartered in Alpharetta, Georgia, and has offices throughout the U.S. and in Australia, Brazil, China, France, Hong Kong, India, Ireland, Israel, the Philippines, and the United Kingdom.

Ciena Corporation is an American optical networking systems and software company based in Hanover, Maryland. The company has been described as a vital player in optical connectivity. The company reported revenues of $4.8 billion and more than 9,000 employees, as of November 2025. Gary Smith serves as president and chief executive officer (CEO).

ADV vs CIEN — Head-to-Head

Bigger by revenue
CIEN
CIEN
1.3× larger
CIEN
$1.2B
$932.1M
ADV
Higher net margin
CIEN
CIEN
21.5% more per $
CIEN
4.1%
-17.4%
ADV
More free cash flow
CIEN
CIEN
$111.2M more FCF
CIEN
$134.6M
$23.4M
ADV
Faster 2-yr revenue CAGR
ADV
ADV
Annualised
ADV
4.0%
3.9%
CIEN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ADV
ADV
CIEN
CIEN
Revenue
$932.1M
$1.2B
Net Profit
$-161.7M
$50.3M
Gross Margin
41.3%
Operating Margin
-17.4%
6.0%
Net Margin
-17.4%
4.1%
Revenue YoY
4.5%
Net Profit YoY
9.2%
EPS (diluted)
$0.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADV
ADV
CIEN
CIEN
Q4 25
$932.1M
Q3 25
$915.0M
$1.2B
Q2 25
$873.7M
$1.1B
Q1 25
$821.8M
$1.1B
Q4 24
$892.3M
$1.1B
Q3 24
$939.3M
$942.3M
Q2 24
$873.4M
$910.8M
Q1 24
$861.4M
$1.0B
Net Profit
ADV
ADV
CIEN
CIEN
Q4 25
$-161.7M
Q3 25
$20.6M
$50.3M
Q2 25
$-30.4M
$9.0M
Q1 25
$-56.1M
$44.6M
Q4 24
$-178.0M
$37.0M
Q3 24
$-42.8M
$14.2M
Q2 24
$-100.8M
$-16.8M
Q1 24
$-5.3M
$49.5M
Gross Margin
ADV
ADV
CIEN
CIEN
Q4 25
Q3 25
41.3%
Q2 25
40.2%
Q1 25
44.0%
Q4 24
40.9%
Q3 24
42.9%
Q2 24
42.7%
Q1 24
45.0%
Operating Margin
ADV
ADV
CIEN
CIEN
Q4 25
-17.4%
Q3 25
4.4%
6.0%
Q2 25
1.1%
2.9%
Q1 25
-1.8%
7.5%
Q4 24
-19.1%
5.3%
Q3 24
-0.3%
2.8%
Q2 24
-10.4%
-0.4%
Q1 24
-3.5%
8.2%
Net Margin
ADV
ADV
CIEN
CIEN
Q4 25
-17.4%
Q3 25
2.2%
4.1%
Q2 25
-3.5%
0.8%
Q1 25
-6.8%
4.2%
Q4 24
-20.0%
3.3%
Q3 24
-4.6%
1.5%
Q2 24
-11.5%
-1.8%
Q1 24
-0.6%
4.8%
EPS (diluted)
ADV
ADV
CIEN
CIEN
Q4 25
Q3 25
$0.35
Q2 25
$0.06
Q1 25
$0.31
Q4 24
$0.26
Q3 24
$-0.13
$0.10
Q2 24
$-0.31
$-0.12
Q1 24
$-0.02
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADV
ADV
CIEN
CIEN
Cash + ST InvestmentsLiquidity on hand
$240.8M
$1.3B
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$554.0M
$2.8B
Total Assets
$2.8B
$5.7B
Debt / EquityLower = less leverage
3.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADV
ADV
CIEN
CIEN
Q4 25
$240.8M
Q3 25
$201.1M
$1.3B
Q2 25
$102.9M
$1.3B
Q1 25
$121.1M
$1.2B
Q4 24
$205.2M
$1.3B
Q3 24
$196.1M
$1.1B
Q2 24
$154.0M
$1.3B
Q1 24
$112.3M
$1.4B
Total Debt
ADV
ADV
CIEN
CIEN
Q4 25
$1.7B
Q3 25
Q2 25
Q1 25
Q4 24
$1.7B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ADV
ADV
CIEN
CIEN
Q4 25
$554.0M
Q3 25
$708.5M
$2.8B
Q2 25
$683.6M
$2.8B
Q1 25
$695.6M
$2.8B
Q4 24
$748.7M
$2.8B
Q3 24
$932.5M
$2.9B
Q2 24
$973.7M
$2.9B
Q1 24
$1.1B
$2.9B
Total Assets
ADV
ADV
CIEN
CIEN
Q4 25
$2.8B
Q3 25
$3.0B
$5.7B
Q2 25
$3.0B
$5.7B
Q1 25
$3.0B
$5.6B
Q4 24
$3.1B
$5.6B
Q3 24
$3.4B
$5.6B
Q2 24
$3.5B
$5.6B
Q1 24
$3.6B
$5.6B
Debt / Equity
ADV
ADV
CIEN
CIEN
Q4 25
3.05×
Q3 25
Q2 25
Q1 25
Q4 24
2.30×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADV
ADV
CIEN
CIEN
Operating Cash FlowLast quarter
$45.6M
$174.3M
Free Cash FlowOCF − Capex
$23.4M
$134.6M
FCF MarginFCF / Revenue
2.5%
11.0%
Capex IntensityCapex / Revenue
2.4%
3.3%
Cash ConversionOCF / Net Profit
3.47×
TTM Free Cash FlowTrailing 4 quarters
$10.7M
$605.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADV
ADV
CIEN
CIEN
Q4 25
$45.6M
Q3 25
$63.6M
$174.3M
Q2 25
$-8.1M
$156.9M
Q1 25
$-39.6M
$103.7M
Q4 24
$15.1M
$349.4M
Q3 24
$34.0M
$-159.4M
Q2 24
$53.4M
$58.5M
Q1 24
$-9.4M
$266.1M
Free Cash Flow
ADV
ADV
CIEN
CIEN
Q4 25
$23.4M
Q3 25
$52.2M
$134.6M
Q2 25
$-10.2M
$128.2M
Q1 25
$-54.7M
$76.8M
Q4 24
$-27.4M
$265.8M
Q3 24
$8.6M
$-179.0M
Q2 24
$43.8M
$41.6M
Q1 24
$-24.8M
$249.5M
FCF Margin
ADV
ADV
CIEN
CIEN
Q4 25
2.5%
Q3 25
5.7%
11.0%
Q2 25
-1.2%
11.4%
Q1 25
-6.7%
7.2%
Q4 24
-3.1%
23.6%
Q3 24
0.9%
-19.0%
Q2 24
5.0%
4.6%
Q1 24
-2.9%
24.0%
Capex Intensity
ADV
ADV
CIEN
CIEN
Q4 25
2.4%
Q3 25
1.3%
3.3%
Q2 25
0.2%
2.6%
Q1 25
1.8%
2.5%
Q4 24
4.8%
7.4%
Q3 24
2.7%
2.1%
Q2 24
1.1%
1.9%
Q1 24
1.8%
1.6%
Cash Conversion
ADV
ADV
CIEN
CIEN
Q4 25
Q3 25
3.09×
3.47×
Q2 25
17.50×
Q1 25
2.33×
Q4 24
9.44×
Q3 24
-11.20×
Q2 24
Q1 24
5.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADV
ADV

Experiential Services$395.9M42%
Branded Services$289.8M31%
Retailer Services$246.5M26%

CIEN
CIEN

Optical Networking$815.5M67%
Routing And Switching$125.9M10%
Platform Softwareand Services Segment$90.0M7%
Maintenance Support And Training$80.7M7%
Installation And Deployment$65.9M5%
Blue Planet Automation Softwareand Services Segment$27.8M2%
Consulting And Network Design$13.6M1%

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