Ciena (CIEN) FCF Margin (2009 - 2026)
Ciena (CIEN) posted FCF Margin of 6.96% for Q3 2026, down 50.01% on a QoQ basis from 13.92% in Q2 2026, and down 408.0% year-over-year from 2.26% in Q3 2025.
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Analysis
Ciena (CIEN) FCF Margin (2009 - 2026) Analysis & Trends
Ciena has reported FCF Margin for 18 years, with the latest figure at 6.96% in Q3 2026.
- On a quarterly basis, FCF Margin fell 408.0% year-over-year to 6.96% in Q3 2026; TTM through Aug 2026 was 13.53%, a 19.0% increase from a year earlier, with the FY2025 full-year figure at 13.95%, up 454.0% from the prior year.
- FCF Margin was 6.96% for Q3 2026 at Ciena, down from 13.92% in the prior quarter.
- The five-year high for FCF Margin was 24.09% in Q4 2025, with the low at 27.99% in Q1 2023.
- Average FCF Margin over 5 years is 4.83%, with a median of 9.18% recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: FCF Margin sank 3157 bps in 2022, then surged 5203 bps in 2024.
- Over 5 years, FCF Margin stood at 3.96% in 2022, then jumped by 486 bps to 15.29% in 2023, then surged by 55 bps to 23.65% in 2024, then climbed by 2 bps to 24.09% in 2025, then slumped by 71 bps to 6.96% in 2026.
- The last three FCF Margin figures came in at 6.96% (Q3 2026), 13.92% (Q2 2026), and 10.77% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 28.96% |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 6.96% |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 31.28% |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | 12.01% |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | -138.25% |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 18.94% |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 19.29% |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 23.40% |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | - |
| 10 | Calix | 2.26 Bn | 2.07 Bn | 160.12 Mn | 4.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 6.96% |
| May 2, 2026 | 13.92% |
| Jan 31, 2026 | 10.77% |
| Nov 1, 2025 | 24.09% |
| Aug 2, 2025 | 11.04% |
| May 3, 2025 | 11.39% |
| Feb 1, 2025 | 7.17% |
| Nov 2, 2024 | 23.65% |
| Jul 27, 2024 | -18.99% |
| Apr 27, 2024 | 4.56% |
| Jan 27, 2024 | 24.04% |
| Oct 28, 2023 | 15.29% |
| Jul 29, 2023 | -1.56% |
| Apr 29, 2023 | 17.82% |
| Jan 28, 2023 | -27.99% |
| Oct 29, 2022 | -3.96% |
| Jul 30, 2022 | -26.16% |
| Apr 30, 2022 | 9.18% |
| Jan 29, 2022 | -9.50% |
| Oct 30, 2021 | 23.30% |