Ciena (CIEN) Operating Leases (2020 - 2026)
Ciena (CIEN) posted Operating Leases of $38.6 million for Q3 2026, up 20.74% on a QoQ basis from $32.0 million in Q2 2026, and down 21.46% year-over-year from $49.2 million in Q3 2025.
Ciena (CIEN) Operating Leases (2020 - 2026) Analysis & Trends
Ciena has reported Operating Leases for 9 years, with the latest figure at $38.6 million in Q3 2026.
- On a quarterly basis, Operating Leases fell 21.46% year-over-year to $38.6 million in Q3 2026; TTM through Aug 2026 was $38.6 million, a 21.46% decrease from a year earlier, with the FY2025 full-year figure at $32.5 million, down 17.81% from the prior year.
- Operating Leases was $38.6 million for Q3 2026 at Ciena, up from $32.0 million in the prior quarter.
- The five-year high for Operating Leases was $61.3 million in Q4 2022, with the low at $22.8 million in Q1 2025.
- Average Operating Leases over 5 years is $39.0 million, with a median of $39.4 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Operating Leases sank 72.55% in 2022, then jumped 83.95% in 2025.
- Over 5 years, Operating Leases stood at $61.3 million in 2022, then dropped by 18.6% to $49.9 million in 2023, then fell by 20.74% to $39.6 million in 2024, then declined by 17.81% to $32.5 million in 2025, then gained by 18.81% to $38.6 million in 2026.
- The last three Operating Leases figures came in at $38.6 million (Q3 2026), $32.0 million (Q2 2026), and $34.1 million (Q1 2026), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,923.51 Bn | 4,861.11 Bn | 54.77 Bn |
| 2 | Cisco Systems | 419.97 Bn | 404.45 Bn | 11.06 Bn |
| 3 | Dell Technologies | 351.63 Bn | 340.06 Bn | 9.83 Bn |
| 4 | Sandisk | 265.22 Bn | 260.46 Bn | 7.58 Bn |
| 5 | Arista Networks | 256.62 Bn | 243.27 Bn | 1.91 Bn |
| 6 | Seagate Technology Holdings | 209.52 Bn | 207.82 Bn | 1.90 Bn |
| 7 | Western Digital | 171.00 Bn | 169.42 Bn | 2.03 Bn |
| 8 | Sony | 142.68 Bn | 123.26 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 83.02 Bn | 80.28 Bn | 477.30 Mn |
| 10 | Ciena | 50.48 Bn | 47.85 Bn | 759.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 38.63 Mn |
| May 2, 2026 | 32.00 Mn |
| Jan 31, 2026 | 34.10 Mn |
| Nov 1, 2025 | 32.52 Mn |
| Aug 2, 2025 | 34.50 Mn |
| May 3, 2025 | 35.10 Mn |
| Feb 1, 2025 | 22.77 Mn |
| Nov 2, 2024 | 25.11 Mn |
| Jul 27, 2024 | 26.74 Mn |
| Apr 27, 2024 | 28.51 Mn |
| Jan 27, 2024 | 32.42 Mn |
| Oct 28, 2023 | 33.26 Mn |
| Jul 29, 2023 | 37.80 Mn |
| Apr 29, 2023 | 39.98 Mn |
| Jan 28, 2023 | 45.31 Mn |
| Oct 29, 2022 | 42.39 Mn |
| Jul 30, 2022 | 42.64 Mn |
| Apr 30, 2022 | 40.36 Mn |
| Jan 29, 2022 | 39.37 Mn |
| Oct 30, 2021 | 41.56 Mn |
Ciena Operating Leases 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=operating-leases&ticker=CIEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=CIEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();