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Side-by-side financial comparison of CIENA CORP (CIEN) and Dole plc (DOLE). Click either name above to swap in a different company.
Dole plc is the larger business by last-quarter revenue ($2.3B vs $1.2B, roughly 1.9× CIENA CORP). CIENA CORP runs the higher net margin — 4.1% vs 0.2%, a 3.9% gap on every dollar of revenue. CIENA CORP produced more free cash flow last quarter ($134.6M vs $66.5M). Over the past eight quarters, CIENA CORP's revenue compounded faster (3.9% CAGR vs 3.2%).
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).
Dole plc is an Irish-American agricultural multinational corporation headquartered in Dublin, Ireland. The company is among the world's largest producers of fruit and vegetables, operating with 38,500 full-time and seasonal employees who supply some 300 products in 75 countries. Dole reported 2021 revenues of $6.5 billion.
CIEN vs DOLE — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $2.3B |
| Net Profit | $50.3M | $5.1M |
| Gross Margin | 41.3% | 6.8% |
| Operating Margin | 6.0% | 1.1% |
| Net Margin | 4.1% | 0.2% |
| Revenue YoY | — | 10.5% |
| Net Profit YoY | — | -64.6% |
| EPS (diluted) | $0.35 | $0.05 |
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.
| Q3 25 | $1.2B | $2.3B | ||
| Q2 25 | $1.1B | $2.4B | ||
| Q1 25 | $1.1B | $2.1B | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $942.3M | $2.1B | ||
| Q2 24 | $910.8M | $2.1B | ||
| Q1 24 | $1.0B | $2.1B | ||
| Q4 23 | $1.1B | — |
| Q3 25 | $50.3M | $5.1M | ||
| Q2 25 | $9.0M | $10.0M | ||
| Q1 25 | $44.6M | $38.9M | ||
| Q4 24 | $37.0M | — | ||
| Q3 24 | $14.2M | $14.4M | ||
| Q2 24 | $-16.8M | $80.1M | ||
| Q1 24 | $49.5M | $70.1M | ||
| Q4 23 | $91.2M | — |
| Q3 25 | 41.3% | 6.8% | ||
| Q2 25 | 40.2% | 9.0% | ||
| Q1 25 | 44.0% | 8.7% | ||
| Q4 24 | 40.9% | — | ||
| Q3 24 | 42.9% | 8.0% | ||
| Q2 24 | 42.7% | 9.4% | ||
| Q1 24 | 45.0% | 9.2% | ||
| Q4 23 | 43.1% | — |
| Q3 25 | 6.0% | 1.1% | ||
| Q2 25 | 2.9% | 4.3% | ||
| Q1 25 | 7.5% | 3.2% | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 2.8% | 2.3% | ||
| Q2 24 | -0.4% | 4.0% | ||
| Q1 24 | 8.2% | 5.3% | ||
| Q4 23 | 8.1% | — |
| Q3 25 | 4.1% | 0.2% | ||
| Q2 25 | 0.8% | 0.4% | ||
| Q1 25 | 4.2% | 1.9% | ||
| Q4 24 | 3.3% | — | ||
| Q3 24 | 1.5% | 0.7% | ||
| Q2 24 | -1.8% | 3.8% | ||
| Q1 24 | 4.8% | 3.3% | ||
| Q4 23 | 8.1% | — |
| Q3 25 | $0.35 | $0.05 | ||
| Q2 25 | $0.06 | $0.10 | ||
| Q1 25 | $0.31 | $0.41 | ||
| Q4 24 | $0.26 | — | ||
| Q3 24 | $0.10 | $0.15 | ||
| Q2 24 | $-0.12 | $0.84 | ||
| Q1 24 | $0.34 | $0.74 | ||
| Q4 23 | $0.62 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.3B | $321.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.8B | $1.4B |
| Total Assets | $5.7B | $4.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $1.3B | $321.0M | ||
| Q2 25 | $1.3B | $323.1M | ||
| Q1 25 | $1.2B | $261.0M | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.1B | $266.4M | ||
| Q2 24 | $1.3B | $225.8M | ||
| Q1 24 | $1.4B | $245.5M | ||
| Q4 23 | $1.1B | — |
| Q3 25 | $2.8B | $1.4B | ||
| Q2 25 | $2.8B | $1.4B | ||
| Q1 25 | $2.8B | $1.3B | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.9B | $1.4B | ||
| Q2 24 | $2.9B | $1.4B | ||
| Q1 24 | $2.9B | $1.3B | ||
| Q4 23 | $2.8B | — |
| Q3 25 | $5.7B | $4.5B | ||
| Q2 25 | $5.7B | $4.7B | ||
| Q1 25 | $5.6B | $4.5B | ||
| Q4 24 | $5.6B | — | ||
| Q3 24 | $5.6B | $4.5B | ||
| Q2 24 | $5.6B | $4.4B | ||
| Q1 24 | $5.6B | $4.5B | ||
| Q4 23 | $5.6B | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $174.3M | $87.4M |
| Free Cash FlowOCF − Capex | $134.6M | $66.5M |
| FCF MarginFCF / Revenue | 11.0% | 2.9% |
| Capex IntensityCapex / Revenue | 3.3% | 0.9% |
| Cash ConversionOCF / Net Profit | 3.47× | 17.12× |
| TTM Free Cash FlowTrailing 4 quarters | $605.5M | $13.7M |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $174.3M | $87.4M | ||
| Q2 25 | $156.9M | $18.3M | ||
| Q1 25 | $103.7M | $-78.8M | ||
| Q4 24 | $349.4M | — | ||
| Q3 24 | $-159.4M | $101.0M | ||
| Q2 24 | $58.5M | $40.2M | ||
| Q1 24 | $266.1M | $-35.0M | ||
| Q4 23 | $195.5M | — |
| Q3 25 | $134.6M | $66.5M | ||
| Q2 25 | $128.2M | $-1.0M | ||
| Q1 25 | $76.8M | $-131.6M | ||
| Q4 24 | $265.8M | — | ||
| Q3 24 | $-179.0M | $79.9M | ||
| Q2 24 | $41.6M | $22.8M | ||
| Q1 24 | $249.5M | $-53.2M | ||
| Q4 23 | $172.7M | — |
| Q3 25 | 11.0% | 2.9% | ||
| Q2 25 | 11.4% | -0.0% | ||
| Q1 25 | 7.2% | -6.3% | ||
| Q4 24 | 23.6% | — | ||
| Q3 24 | -19.0% | 3.9% | ||
| Q2 24 | 4.6% | 1.1% | ||
| Q1 24 | 24.0% | -2.5% | ||
| Q4 23 | 15.3% | — |
| Q3 25 | 3.3% | 0.9% | ||
| Q2 25 | 2.6% | 0.8% | ||
| Q1 25 | 2.5% | 2.5% | ||
| Q4 24 | 7.4% | — | ||
| Q3 24 | 2.1% | 1.0% | ||
| Q2 24 | 1.9% | 0.8% | ||
| Q1 24 | 1.6% | 0.9% | ||
| Q4 23 | 2.0% | — |
| Q3 25 | 3.47× | 17.12× | ||
| Q2 25 | 17.50× | 1.84× | ||
| Q1 25 | 2.33× | -2.02× | ||
| Q4 24 | 9.44× | — | ||
| Q3 24 | -11.20× | 7.01× | ||
| Q2 24 | — | 0.50× | ||
| Q1 24 | 5.37× | -0.50× | ||
| Q4 23 | 2.14× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CIEN
| Optical Networking | $815.5M | 67% |
| Routing And Switching | $125.9M | 10% |
| Platform Softwareand Services Segment | $90.0M | 7% |
| Maintenance Support And Training | $80.7M | 7% |
| Installation And Deployment | $65.9M | 5% |
| Blue Planet Automation Softwareand Services Segment | $27.8M | 2% |
| Consulting And Network Design | $13.6M | 1% |
DOLE
Segment breakdown not available.
