Ciena (CIEN) Operating Expenses (2009 - 2026)
Ciena's (CIEN) quarterly Operating Expenses came in at $436.1 million in Q1 2026, up 11.49% year-on-year from $391.2 million in Q1 2025, and down 23.04% quarter-over-quarter from $566.7 million in Q4 2025.
Ciena (CIEN) Operating Expenses (2009 - 2026) Analysis & Trends
Ciena's Operating Expenses history runs 18 years deep, the most recent figure standing at $436.1 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 11.49% year-over-year to $436.1 million in Q1 2026; TTM through Jan 2026 was $1.9 billion, a 18.6% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 16.38% from the prior year.
- Operating Expenses declined to $436.1 million in Q1 2026 per CIEN's latest filing, from $566.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $566.7 million in Q4 2025 and bottomed at $313.7 million in Q3 2022.
- The 5-year median for Operating Expenses is $384.9 million (2023), against an average of $391.5 million.
- Across the five-year window, Operating Expenses decreased 3.79% in 2022 and soared 41.38% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $356.3 million in 2022, then grew by 10.85% to $395.0 million in 2023, then rose by 1.48% to $400.8 million in 2024, then surged by 41.38% to $566.7 million in 2025, then slipped by 23.04% to $436.1 million in 2026.
- Per Business Quant, the three latest CIEN Operating Expenses figures stand at $436.1 million (Q1 2026), $566.7 million (Q4 2025), and $429.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 444.27 Bn | 427.63 Bn | 10.08 Bn | 6.12 Bn |
| 2 | Motorola Solutions | 68.42 Bn | 67.56 Bn | 1.36 Bn | 691.00 Mn |
| 3 | Hewlett Packard Enterprise | 63.57 Bn | 58.72 Bn | 9.10 Bn | 8.83 Bn |
| 4 | Lumentum Holdings | 59.61 Bn | 56.43 Bn | 357.00 Mn | 182.50 Mn |
| 5 | Ciena | 57.62 Bn | 56.33 Bn | 625.52 Mn | 436.11 Mn |
| 6 | Nokia | 52.70 Bn | 45.22 Bn | 9.86 Bn | -992.30 Mn |
| 7 | Ubiquiti | 32.00 Bn | 31.63 Bn | 370.71 Mn | 79.89 Mn |
| 8 | AST SpaceMobile | 17.20 Bn | 17.78 Bn | 3.67 Mn | 164.15 Mn |
| 9 | Zebra Technologies | 12.59 Bn | 12.48 Bn | 742.00 Mn | 527.00 Mn |
| 10 | Viasat | 10.14 Bn | 8.46 Bn | 615.36 Mn | 295.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 436.11 Mn |
| Nov 1, 2025 | 566.69 Mn |
| Aug 2, 2025 | 429.54 Mn |
| May 3, 2025 | 420.00 Mn |
| Feb 1, 2025 | 391.16 Mn |
| Nov 2, 2024 | 400.81 Mn |
| Jul 27, 2024 | 377.20 Mn |
| Apr 27, 2024 | 392.63 Mn |
| Jan 27, 2024 | 382.33 Mn |
| Oct 28, 2023 | 394.98 Mn |
| Jul 29, 2023 | 370.73 Mn |
| Apr 29, 2023 | 384.87 Mn |
| Jan 28, 2023 | 370.73 Mn |
| Oct 29, 2022 | 356.33 Mn |
| Jul 30, 2022 | 313.67 Mn |
| Apr 30, 2022 | 343.35 Mn |
| Jan 29, 2022 | 324.18 Mn |
| Oct 30, 2021 | 339.71 Mn |
| Jul 31, 2021 | 326.03 Mn |
| May 1, 2021 | 278.79 Mn |