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
DateValue
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