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Ciena vs Franklin Wireless: revenue, profit, margins and growth compared

Ciena brought in $4.8B of revenue in fiscal 2025, Franklin Wireless $46.1M in fiscal 2025. Revenue changed by +18.8% at Ciena and +49.6% at Franklin Wireless on the year before, so Franklin Wireless grew faster. Ciena kept 2.6% of its revenue as net profit, Franklin Wireless -0.5%. Free cash flow was $665.3M at Ciena and $1.8M at Franklin Wireless.

Side by side, latest fiscal year

CIENFKWL
Fiscal year endedFY2025 (November 1, 2025)FY2025 (June 30, 2025)
Revenue$4.8B$46.1M
Revenue growth+18.8%+49.6%
Net income$123.3M-$243.1K
Net margin2.6%-0.5%
Free cash flow$665.3M$1.8M
Free cash flow margin13.9%3.9%
Earnings per share (diluted)$0.85-$0.02
Cash$1.1B$14.7M
Debt$1.5Bn/a
Price to earnings419.9n/a
Market value$50.5B$28.6M
Dividend yieldn/an/a
Rank by revenue in sector#42 of 116 · Utilities#106 of 116 · Utilities

Over the years

Revenue
CIEN FY2019: $3.6BCIEN FY2020: $3.6BCIEN FY2020: $3.5BCIEN FY2021: $3.6BCIEN FY2022: $3.6BCIEN FY2023: $4.4BCIEN FY2024: $4BCIEN FY2025: $4.8BFKWL FY2018: $30.1MFKWL FY2019: $36.5MFKWL FY2020: $75.1MFKWL FY2021: $184.1MFKWL FY2022: $24MFKWL FY2023: $45.9MFKWL FY2024: $30.8MFKWL FY2025: $46.1MFY18FY19FY20FY21FY22FY23FY24FY25
CIEN $4.8BFKWL $46.1M
Net income
CIEN FY2019: $253.4MCIEN FY2020: $253.4MCIEN FY2020: $361.3MCIEN FY2021: $500.2MCIEN FY2022: $152.9MCIEN FY2023: $254.8MCIEN FY2024: $84MCIEN FY2025: $123.3MFKWL FY2018: -$2.1MFKWL FY2019: -$1.3MFKWL FY2020: $5.6MFKWL FY2021: $17.7MFKWL FY2022: -$3.8MFKWL FY2023: -$2.9MFKWL FY2024: -$4MFKWL FY2025: -$243.1KFY18FY19FY20FY21FY22FY23FY24FY25
CIEN $123.3MFKWL -$243.1K
Net margin
CIEN FY2019: 7.1%CIEN FY2020: 7.1%CIEN FY2020: 10.2%CIEN FY2021: 13.8%CIEN FY2022: 4.2%CIEN FY2023: 5.8%CIEN FY2024: 2.1%CIEN FY2025: 2.6%FKWL FY2018: -7.0%FKWL FY2019: -3.5%FKWL FY2020: 7.4%FKWL FY2021: 9.6%FKWL FY2022: -15.7%FKWL FY2023: -6.2%FKWL FY2024: -12.9%FKWL FY2025: -0.5%FY18FY19FY20FY21FY22FY23FY24FY25
CIEN 2.6%FKWL -0.5%
Revenue growth
CIEN FY2020: 0.0%CIEN FY2020: -1.1%CIEN FY2021: +2.5%CIEN FY2022: +0.3%CIEN FY2023: +20.8%CIEN FY2024: -8.5%CIEN FY2025: +18.8%FKWL FY2019: +21.3%FKWL FY2020: +105.9%FKWL FY2021: +145.3%FKWL FY2022: -87.0%FKWL FY2023: +91.5%FKWL FY2024: -33.0%FKWL FY2025: +49.6%FY19FY20FY21FY22FY23FY24FY25
CIEN +18.8%FKWL +49.6%
Free cash flow
CIEN FY2019: $350.6MCIEN FY2020: $350.6MCIEN FY2020: $411MCIEN FY2021: $462.1MCIEN FY2022: -$258.6MCIEN FY2023: $62.1MCIEN FY2024: $377.9MCIEN FY2025: $665.3MFKWL FY2018: -$2MFKWL FY2019: $674.3KFKWL FY2020: $21.8MFKWL FY2021: $12.1MFKWL FY2022: -$7.4MFKWL FY2023: -$1.9MFKWL FY2024: -$828.4KFKWL FY2025: $1.8MFY18FY19FY20FY21FY22FY23FY24FY25
CIEN $665.3MFKWL $1.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Ciena and Franklin Wireless

Which is bigger by revenue, Ciena or Franklin Wireless?

Ciena is bigger by revenue: $4.8B in fiscal 2025, against $46.1M for Franklin Wireless in fiscal 2025.

Which keeps more of its revenue as profit, Ciena or Franklin Wireless?

Ciena had a net margin of 2.6% in fiscal 2025; Franklin Wireless had -0.5% in fiscal 2025.

Which grew revenue faster, Ciena or Franklin Wireless?

In their latest fiscal years revenue changed by +18.8% at Ciena and +49.6% at Franklin Wireless.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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