Ciena CIEN
NYSE CIEN
$341.61 -14.91 (-4.18%)
As of: Oct 16, 2026 · 12:06 PM EDT

Ciena (CIEN) FCF Margin (2009 - 2026)

Updated

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.

Analysis

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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Apple 5,050.50 Bn 4,797.99 Bn 54.77 Bn 29.17%
2 Cisco Systems 426.96 Bn 362.89 Bn 11.06 Bn 28.96%
3 Dell Technologies 294.61 Bn 250.37 Bn 9.83 Bn 2.10%
4 Arista Networks 226.12 Bn 179.58 Bn 1.91 Bn 34.70%
5 Sandisk 195.26 Bn 183.78 Bn 7.58 Bn 79.01%
6 Sony 148.89 Bn 86.15 Bn 6.53 Bn 11.82%
7 Seagate Technology Holdings 142.39 Bn 137.38 Bn 1.90 Bn 30.81%
8 Western Digital 117.38 Bn 105.51 Bn 2.03 Bn 34.19%
9 Hewlett Packard Enterprise 74.00 Bn 51.88 Bn 4.93 Bn 7.34%
10 Ciena 48.45 Bn 42.01 Bn 759.27 Mn 6.96%
Historic Data

Historic Data

Download Data
DateValue
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%
API Access

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