Ciena (CIEN) Free Cash Flow (2009 - 2026)
Ciena (CIEN) posted quarterly Free Cash Flow of $212.7 million for Q1 2026, up 114.91% year-over-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.
- In Q1 2026, Free Cash Flow rose 114.91% year-over-year to $212.7 million; the TTM figure through Jan 2026 stood at $779.0 million (up 262.3% YoY), while the FY2025 annual figure was $665.3 million, up 76.05% from the prior year.
- Free Cash Flow for Q1 2026 stood at $212.7 million, down from $325.6 million in the prior quarter.
- The five-year high for Free Cash Flow was $325.6 million in Q4 2025, with the low 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.
- The sharpest annual moves came in 2024 and 2025: Free Cash Flow tumbled 1947.06% in 2024, then surged 410.77% in 2025.
- Ciena's Free Cash Flow stood at -$38.4 million in 2022, then jumped by 344.3% to $93.9 million in 2023, then jumped by 164.28% to $248.0 million in 2024, then soared by 31.29% to $325.6 million in 2025, then plunged by 34.67% to $212.7 million in 2026.
- Business Quant data shows CIEN's Free Cash Flow at $212.7 million in Q1 2026, $325.6 million in Q4 2025, and $91.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 3.34 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 827.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 414.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 79.10 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 218.65 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 162.23 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 676.12 Mn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -694.77 Mn |
| 10 | Zebra Technologies | 17.79 Bn | 17.63 Bn | 825.00 Mn | 198.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 218.65 Mn |
| May 2, 2026 | 218.65 Mn |
| 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 |