Which has grown faster, CIEN or MSTR?

Over the past five years, CIEN grew revenue faster — CIEN at a 10.39% CAGR versus MSTR at -0.34%.

Is CIEN or MSTR more profitable?

CIEN runs the higher net margin — CIEN at 7.87% versus MSTR at -6102.96%.

How have CIEN and MSTR total returns compared?

Over the past 10 years, CIEN delivered 31.51% and MSTR delivered 21.92% annualized total return. Past performance doesn't predict future results.

Ciena Corporation (CIEN) vs Strategy Inc (MSTR)

A side-by-side comparison of Ciena Corporation and Strategy Inc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.

CIEN

Ciena Corporation

$45.51B

$321.52TechnologyDelayed quote: Sep 3, 2026, 12:50 PM EDT

MSTR

Strategy Inc

$46.47B

$140.46TechnologyDelayed quote: Sep 3, 2026, 12:50 PM EDT

Total return — CIEN vs MSTR

growth of $100 · dividends reinvested · last 10y

CIEN +1496.8% (+31.9%/yr)MSTR +642.1% (+22.2%/yr)CIEN compounded faster over this window

CIEN MSTR

CIEN vs MSTR: by the numbers

•MSTR is the larger company ($46.47B vs $45.51B market cap).
•CIEN is profitable (7.87% net margin) while MSTR runs a net loss (-6102.96%).
•CIEN grew revenue faster over the past five years (10.39% vs -0.34% CAGR).

Metrics side by side

Valuation

Metric	CIEN	MSTR
P/E ratio	118.05	N/A
Forward P/E	54.08	N/A
P/S ratio	9.30	84.86
P/B ratio	17.92	0.93
EV / EBITDA	64.90	N/A
FCF yield	1.61%	26.81%

Profitability

Metric	CIEN	MSTR
Gross margin	43.05%	67.60%
Operating margin	11.18%	-8.57%
Net margin	7.87%	-6102.96%
ROE	15.15%	-67.10%
ROIC	11.97%	-0.07%

Growth (annualized)

Metric	CIEN	MSTR
Revenue CAGR (5Y)	10.39%	-0.34%
EPS CAGR (5Y)	-17.95%	N/A
FCF CAGR (5Y)	11.11%	N/A
Total return CAGR (5Y)	43.36%	12.11%

Frequently asked

Which has grown faster, CIEN or MSTR?: Over the past five years, CIEN grew revenue faster — CIEN at a 10.39% CAGR versus MSTR at -0.34%.
Is CIEN or MSTR more profitable?: CIEN runs the higher net margin — CIEN at 7.87% versus MSTR at -6102.96%.
How have CIEN and MSTR total returns compared?: Over the past 10 years, CIEN delivered 31.51% and MSTR delivered 21.92% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CIEN analysis Full MSTR analysis Interactive comparison tool

Dig into the metrics

Ciena P/E ratio Ciena ROE Strategy ROE Ciena operating margin Strategy operating margin Ciena revenue growth Strategy revenue growth Ciena free cash flow Strategy free cash flow

Ciena & Strategy appear in these rankings

Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 3, 2026.