Ciena (CIEN) FCF Margin (2009 - 2026)
Ciena (CIEN) posted quarterly FCF Margin of 14.91% for Q1 2026, up 568.0% year-over-year from 2.23% in Q1 2025, and down 38.11% quarter-over-quarter from 24.09% in Q4 2025.
Ciena (CIEN) FCF Margin (2009 - 2026) Analysis & Trends
Ciena's FCF Margin history runs 18 years deep, the most recent figure standing at 14.91% for Q1 2026.
- In Q1 2026, FCF Margin rose 568.0% year-over-year to 14.91%; the TTM figure through Jan 2026 stood at 15.2% (up 989.0% YoY), while the FY2025 annual figure was 13.95%, up 454.0% from the prior year.
- FCF Margin for Q1 2026 stood at 14.91%, down from 24.09% in the prior quarter.
- The five-year high for FCF Margin was 25.23% in Q1 2024, with the low at 27.99% in Q1 2023.
- The 5-year median for FCF Margin is 7.51% (2025), against an average of 4.47%.
- The sharpest annual moves came in 2022 and 2024: FCF Margin tumbled 3782 bps in 2022, then surged 5322 bps in 2024.
- Ciena's FCF Margin stood at 3.96% in 2022, then jumped by 310 bps to 8.31% in 2023, then jumped by 166 bps to 22.06% in 2024, then rose by 9 bps to 24.09% in 2025, then sank by 38 bps to 14.91% in 2026.
- Business Quant data shows CIEN's FCF Margin at 14.91% in Q1 2026, 24.09% in Q4 2025, and 7.51% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 21.10% |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 7.74% |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 13.21% |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 9.78% |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 13.92% |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 20.58% |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 12.01% |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -2,204.22% |
| 10 | Zebra Technologies | 17.79 Bn | 17.63 Bn | 825.00 Mn | 12.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 13.92% |
| Jan 31, 2026 | 14.91% |
| Nov 1, 2025 | 24.09% |
| Aug 2, 2025 | 7.51% |
| May 3, 2025 | 13.25% |
| Feb 1, 2025 | 9.23% |
| Nov 2, 2024 | 22.06% |
| Jul 27, 2024 | -17.11% |
| Apr 27, 2024 | 3.21% |
| Jan 27, 2024 | 25.23% |
| Oct 28, 2023 | 8.31% |
| Jul 29, 2023 | 0.82% |
| Apr 29, 2023 | 22.53% |
| Jan 28, 2023 | -27.99% |
| Oct 29, 2022 | -3.96% |
| Jul 30, 2022 | -26.16% |
| Apr 30, 2022 | 6.77% |
| Jan 29, 2022 | -6.80% |
| Oct 30, 2021 | 17.37% |
| Jul 31, 2021 | 11.66% |