Ciena (CIEN) FCF Margin (2009 - 2026)
Ciena (CIEN) reported FCF Margin of 6.96% for fiscal Q3 2026 (quarter ended Aug 1, 2026), down 4.08 percentage points from 11.04% a year earlier and down 6.96 percentage points from the prior quarter.
Ciena (CIEN) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 1, 2026, Ciena's FCF Margin came in at 13.53%, up 0.19 percentage points year-over-year; for FY2025 (ended Nov 1, 2025), it was 13.95%, up 4.54 percentage points from FY2024.
- FCF Margin has increased for three consecutive fiscal years, with a five-year change of +2.31 percentage points (FY2020 to FY2025).
- By fiscal year, FCF Margin came in at 9.41% in FY2024 (+8.00 pp), 1.42% in FY2023 (+8.53 pp), -7.12% in FY2022 (-19.88 pp) and 12.76% in FY2021 (+1.13 pp).
- The fiscal Q3 2026 figure ranks as the lowest quarterly FCF Margin since fiscal Q3 2024.
- Year over year, FCF Margin gained in six of the last eight quarters, with an average year-over-year change of +3.85 percentage points.
- The high point for year-over-year FCF Margin in five years was fiscal Q1 2024 (a gain of 52.03 percentage points); the low point was fiscal Q3 2022 (a drop of 31.57 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 13.92% (Q2 2026), 10.77% (Q1 2026) and 24.09% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,033.79 Bn | 4,781.28 Bn | 54.77 Bn | 29.17% |
| 2 | Cisco Systems | 426.84 Bn | 362.77 Bn | 11.06 Bn | 28.96% |
| 3 | Dell Technologies | 296.44 Bn | 252.19 Bn | 9.83 Bn | 2.10% |
| 4 | Arista Networks | 229.58 Bn | 183.04 Bn | 1.91 Bn | 34.70% |
| 5 | Sandisk | 195.61 Bn | 184.13 Bn | 7.58 Bn | 79.01% |
| 6 | Sony | 149.25 Bn | 86.51 Bn | 6.53 Bn | 11.82% |
| 7 | Seagate Technology Holdings | 143.56 Bn | 138.55 Bn | 1.90 Bn | 30.81% |
| 8 | Western Digital | 116.96 Bn | 105.09 Bn | 2.03 Bn | 34.19% |
| 9 | Hewlett Packard Enterprise | 74.52 Bn | 52.40 Bn | 4.93 Bn | 7.34% |
| 10 | Ciena | 49.23 Bn | 42.79 Bn | 759.27 Mn | 6.96% |
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% |
Ciena FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CIEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CIEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CIEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();