Ciena (CIEN) Free Cash Flow (2009 - 2026)
Ciena (CIEN) posted Free Cash Flow of $116.3 million for Q3 2026, down 46.81% on a QoQ basis from $218.7 million in Q2 2026, and down 13.59% year-over-year from $134.6 million in Q3 2025.
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Analysis
Ciena (CIEN) Free Cash Flow (2009 - 2026) Analysis & Trends
Ciena has reported Free Cash Flow for 18 years, with the latest figure at $116.3 million in Q3 2026.
- On a quarterly basis, Free Cash Flow fell 13.59% year-over-year to $116.3 million in Q3 2026; TTM through Aug 2026 was $814.4 million, a 34.5% 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 was $116.3 million for Q3 2026 at Ciena, down from $218.7 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.
- Average Free Cash Flow over 5 years is $70.3 million, with a median of $116.3 million recorded in 2026.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow jumped 549.53% in 2023, then sank 971.71% in 2024.
- Over 5 years, Free Cash Flow stood at -$38.4 million in 2022, then surged by 549.53% to $172.7 million in 2023, then surged by 53.92% to $265.8 million in 2024, then rose by 22.51% to $325.6 million in 2025, then sank by 64.29% to $116.3 million in 2026.
- The last three Free Cash Flow figures came in at $116.3 million (Q3 2026), $218.7 million (Q2 2026), and $153.8 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,923.51 Bn | 4,861.11 Bn | 54.77 Bn | 31.91 Bn |
| 2 | Cisco Systems | 419.97 Bn | 404.45 Bn | 11.06 Bn | 5.00 Bn |
| 3 | Dell Technologies | 351.63 Bn | 340.06 Bn | 9.83 Bn | 986.00 Mn |
| 4 | Sandisk | 265.22 Bn | 260.46 Bn | 7.58 Bn | 7.08 Bn |
| 5 | Arista Networks | 256.62 Bn | 243.27 Bn | 1.91 Bn | 1.05 Bn |
| 6 | Seagate Technology Holdings | 209.52 Bn | 207.82 Bn | 1.90 Bn | 1.12 Bn |
| 7 | Western Digital | 171.00 Bn | 169.42 Bn | 2.03 Bn | 1.28 Bn |
| 8 | Sony | 142.68 Bn | 123.26 Bn | 6.53 Bn | 1.24 Bn |
| 9 | Lumentum Holdings | 83.02 Bn | 80.28 Bn | 477.30 Mn | 196.20 Mn |
| 10 | Ciena | 50.48 Bn | 47.85 Bn | 759.27 Mn | 116.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 116.30 Mn |
| May 2, 2026 | 218.65 Mn |
| Jan 31, 2026 | 153.76 Mn |
| Nov 1, 2025 | 325.65 Mn |
| Aug 2, 2025 | 134.60 Mn |
| May 3, 2025 | 128.21 Mn |
| Feb 1, 2025 | 76.84 Mn |
| Nov 2, 2024 | 265.82 Mn |
| Jul 27, 2024 | -178.98 Mn |
| Apr 27, 2024 | 41.57 Mn |
| Jan 27, 2024 | 249.48 Mn |
| Oct 28, 2023 | 172.70 Mn |
| Jul 29, 2023 | -16.70 Mn |
| Apr 29, 2023 | 201.81 Mn |
| Jan 28, 2023 | -295.67 Mn |
| Oct 29, 2022 | -38.42 Mn |
| Jul 30, 2022 | -227.05 Mn |
| Apr 30, 2022 | 87.11 Mn |
| Jan 29, 2022 | -80.22 Mn |
| Oct 30, 2021 | 242.63 Mn |
API Access
Ciena Free Cash Flow 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=free-cash-flow&ticker=CIEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CIEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();