Ciena (CIEN) Operating Expenses (2009 - 2026)
Ciena (CIEN) posted Operating Expenses of $458.1 million for Q3 2026, up 0.97% on a QoQ basis from $453.7 million in Q2 2026, and up 6.64% year-over-year from $429.5 million in Q3 2025.
Analysis
Ciena (CIEN) Operating Expenses (2009 - 2026) Analysis & Trends
Ciena has reported Operating Expenses for 18 years, with the latest figure at $458.1 million in Q3 2026.
- On a quarterly basis, Operating Expenses rose 6.64% year-over-year to $458.1 million in Q3 2026; TTM through Aug 2026 was $1.9 billion, a 16.63% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 16.38% from the prior year.
- Operating Expenses was $458.1 million for Q3 2026 at Ciena, up from $453.7 million in the prior quarter.
- The five-year high for Operating Expenses was $566.7 million in Q4 2025, with the low at $313.7 million in Q3 2022.
- Average Operating Expenses over 5 years is $398.3 million, with a median of $391.2 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses retreated 3.79% in 2022, then surged 41.38% in 2025.
- Over 5 years, Operating Expenses stood at $356.3 million in 2022, then increased by 10.85% to $395.0 million in 2023, then gained by 1.48% to $400.8 million in 2024, then soared by 41.38% to $566.7 million in 2025, then declined by 19.16% to $458.1 million in 2026.
- The last three Operating Expenses figures came in at $458.1 million (Q3 2026), $453.7 million (Q2 2026), and $436.1 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 6.80 Bn |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 458.09 Mn |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 89.26 Mn |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | -1.95 Bn |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 77.93 Mn |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 128.39 Mn |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 189.42 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 67.03 Mn |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | 21.40 Mn |
| 10 | Calix | 2.26 Bn | 2.07 Bn | 160.12 Mn | 138.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 458.09 Mn |
| May 2, 2026 | 453.68 Mn |
| 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 |