Ciena (CIEN) Operating Expenses (2009 - 2026)

Ciena (CIEN) recorded quarterly Operating Expenses of $436.1 million in Q1 2026, down 23.04% quarter-over-quarter from $566.7 million in Q4 2025, and up 11.49% on a YoY basis from $391.2 million in Q1 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.

  • In Q1 2026, Operating Expenses rose 11.49% year-over-year to $436.1 million; the TTM figure through Jan 2026 stood at $1.9 billion (up 18.6% YoY), while the FY2025 annual figure was $1.8 billion, up 16.38% from the prior year.
  • Operating Expenses was $436.1 million for Q1 2026 at Ciena, down from $566.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $566.7 million in Q4 2025 to a low of $313.7 million in Q3 2022.
  • Historically, Operating Expenses has averaged $391.5 million across 5 years, with a median of $384.9 million in 2023.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses fell 3.79% in 2022, then jumped 41.38% in 2025.
  • A 5-year view of Operating Expenses shows it 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.
  • The last three Operating Expenses figures came in at $436.1 million (Q1 2026), $566.7 million (Q4 2025), and $429.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 6.12 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 436.11 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 691.00 Mn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 8.83 Bn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 182.50 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 79.89 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 164.15 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 56.91 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 527.00 Mn
10 Viavi Solutions 10.76 Bn 10.75 Bn 234.10 Mn 209.30 Mn

Historic Data

Download Data
DateValue
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