Ciena (CIEN) Operating Leases (2009 - 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.
Analysis
Ciena (CIEN) Operating Leases (2009 - 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 |
| 10 | Calix | 2.26 Bn | 2.07 Bn | 160.12 Mn |
Historic Data
Download Data
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 | 49.19 Mn |
| May 3, 2025 | 48.27 Mn |
| Feb 1, 2025 | 22.77 Mn |
| Nov 2, 2024 | 39.56 Mn |
| Jul 27, 2024 | 26.74 Mn |
| Apr 27, 2024 | 28.51 Mn |
| Jan 27, 2024 | 32.42 Mn |
| Oct 28, 2023 | 49.91 Mn |
| Jul 29, 2023 | 37.80 Mn |
| Apr 29, 2023 | 39.98 Mn |
| Jan 28, 2023 | 45.31 Mn |
| Oct 29, 2022 | 61.32 Mn |
| Jul 30, 2022 | 42.64 Mn |
| Apr 30, 2022 | 40.36 Mn |
| Jan 29, 2022 | 39.37 Mn |
| Oct 30, 2021 | 60.20 Mn |