Ciena CIEN
NYSE CIEN
$321.08 +5.45 (+1.73%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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