Ciena (CIEN) FCF Margin (2009 - 2026)
Ciena's (CIEN) quarterly FCF Margin came in at 14.91% in Q1 2026, up 568.0% year-on-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.
- On a quarterly basis, FCF Margin rose 568.0% year-over-year to 14.91% in Q1 2026; TTM through Jan 2026 was 15.2%, a 989.0% increase from a year earlier, with the FY2025 full-year figure at 13.95%, up 454.0% from the prior year.
- FCF Margin retreated to 14.91% in Q1 2026 per CIEN's latest filing, from 24.09% in the prior quarter.
- Across five years, FCF Margin topped out at 25.23% in Q1 2024 and bottomed at 27.99% in Q1 2023.
- The 5-year median for FCF Margin is 7.51% (2025), against an average of 4.47%.
- Across the five-year window, FCF Margin plunged 3782 bps in 2022 and surged 5322 bps in 2024, its largest moves.
- Year by year, FCF Margin stood at 3.96% in 2022, then surged by 310 bps to 8.31% in 2023, then surged by 166 bps to 22.06% in 2024, then gained by 9 bps to 24.09% in 2025, then plunged by 38 bps to 14.91% in 2026.
- Per Business Quant, the three latest CIEN FCF Margin figures stand at 14.91% (Q1 2026), 24.09% (Q4 2025), and 7.51% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 444.27 Bn | 427.63 Bn | 10.08 Bn | 21.10% |
| 2 | Motorola Solutions | 68.42 Bn | 67.56 Bn | 1.36 Bn | 14.33% |
| 3 | Hewlett Packard Enterprise | 63.57 Bn | 58.72 Bn | 9.10 Bn | 6.55% |
| 4 | Lumentum Holdings | 59.61 Bn | 56.43 Bn | 357.00 Mn | 9.78% |
| 5 | Ciena | 57.62 Bn | 56.33 Bn | 625.52 Mn | 14.91% |
| 6 | Nokia | 52.70 Bn | 45.22 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.00 Bn | 31.63 Bn | 370.71 Mn | 20.58% |
| 8 | AST SpaceMobile | 17.20 Bn | 17.78 Bn | 3.67 Mn | -2,101.51% |
| 9 | Zebra Technologies | 12.59 Bn | 12.48 Bn | 742.00 Mn | 10.90% |
| 10 | Viasat | 10.14 Bn | 8.46 Bn | 615.36 Mn | 6,089.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| May 1, 2021 | 23.29% |