Ciena (CIEN) Free Cash Flow (2009 - 2026)
Ciena's (CIEN) quarterly Free Cash Flow came in at $212.7 million in Q1 2026, up 114.91% year-on-year from $99.0 million in Q1 2025, and down 34.67% quarter-over-quarter from $325.6 million in Q4 2025.
Ciena (CIEN) Free Cash Flow (2009 - 2026) Analysis & Trends
Ciena's Free Cash Flow history runs 18 years deep, the most recent figure standing at $212.7 million for Q1 2026.
- On a quarterly basis, Free Cash Flow rose 114.91% year-over-year to $212.7 million in Q1 2026; TTM through Jan 2026 was $779.0 million, a 262.3% increase from a year earlier, with the FY2025 full-year figure at $665.3 million, up 76.05% from the prior year.
- Free Cash Flow declined to $212.7 million in Q1 2026 per CIEN's latest filing, from $325.6 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $325.6 million in Q4 2025 and bottomed at -$295.7 million in Q1 2023.
- The 5-year median for Free Cash Flow is $91.5 million (2025), against an average of $62.3 million.
- Across the five-year window, Free Cash Flow plunged 1947.06% in 2024 and surged 410.77% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at -$38.4 million in 2022, then surged by 344.3% to $93.9 million in 2023, then surged by 164.28% to $248.0 million in 2024, then jumped by 31.29% to $325.6 million in 2025, then tumbled by 34.67% to $212.7 million in 2026.
- Per Business Quant, the three latest CIEN Free Cash Flow figures stand at $212.7 million (Q1 2026), $325.6 million (Q4 2025), and $91.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 444.27 Bn | 427.63 Bn | 10.08 Bn | 3.34 Bn |
| 2 | Motorola Solutions | 68.42 Bn | 67.56 Bn | 1.36 Bn | 389.00 Mn |
| 3 | Hewlett Packard Enterprise | 63.57 Bn | 58.72 Bn | 9.10 Bn | 609.00 Mn |
| 4 | Lumentum Holdings | 59.61 Bn | 56.43 Bn | 357.00 Mn | 79.10 Mn |
| 5 | Ciena | 57.62 Bn | 56.33 Bn | 625.52 Mn | 212.74 Mn |
| 6 | Nokia | 52.70 Bn | 45.22 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.00 Bn | 31.63 Bn | 370.71 Mn | 162.23 Mn |
| 8 | AST SpaceMobile | 17.20 Bn | 17.78 Bn | 3.67 Mn | -309.66 Mn |
| 9 | Zebra Technologies | 12.59 Bn | 12.48 Bn | 742.00 Mn | 163.00 Mn |
| 10 | Viasat | 10.14 Bn | 8.46 Bn | 615.36 Mn | 974.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 212.74 Mn |
| Jan 31, 2026 | 212.74 Mn |
| Nov 1, 2025 | 325.65 Mn |
| Nov 1, 2025 | 325.65 Mn |
| Aug 2, 2025 | 91.52 Mn |
| Aug 2, 2025 | 91.52 Mn |
| May 3, 2025 | 149.14 Mn |
| May 3, 2025 | 149.14 Mn |
| Feb 1, 2025 | 98.99 Mn |
| Feb 1, 2025 | 98.99 Mn |
| Nov 2, 2024 | 248.04 Mn |
| Nov 2, 2024 | 248.04 Mn |
| Jul 27, 2024 | -161.19 Mn |
| Jul 27, 2024 | -161.19 Mn |
| Apr 27, 2024 | 29.20 Mn |
| Apr 27, 2024 | 29.20 Mn |
| Jan 27, 2024 | 261.85 Mn |
| Jan 27, 2024 | 261.85 Mn |
| Oct 28, 2023 | 93.85 Mn |
| Oct 28, 2023 | 93.85 Mn |