Ciena (CIEN) Operating Leases (2020 - 2026)
Ciena (CIEN) recorded quarterly Operating Leases of $34.1 million in Q1 2026, up 4.87% quarter-over-quarter from $32.5 million in Q4 2025, and up 49.77% on a YoY basis from $22.8 million in Q1 2025.
Ciena (CIEN) Operating Leases (2020 - 2026) Analysis & Trends
Ciena's Operating Leases history runs 7 years deep, the most recent figure standing at $34.1 million for Q1 2026.
- In Q1 2026, Operating Leases rose 49.77% year-over-year to $34.1 million; the TTM figure through Jan 2026 stood at $34.1 million (up 49.77% YoY), while the FY2025 annual figure was $32.5 million, up 29.51% from the prior year.
- Operating Leases was $34.1 million for Q1 2026 at Ciena, up from $32.5 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $49.9 million in Q4 2023 to a low of $22.8 million in Q1 2025.
- Historically, Operating Leases has averaged $36.6 million across 5 years, with a median of $37.8 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Leases plunged 71.47% in 2022, then soared 69.3% in 2025.
- A 5-year view of Operating Leases shows it stood at $42.4 million in 2022, then increased by 17.74% to $49.9 million in 2023, then plunged by 49.7% to $25.1 million in 2024, then gained by 29.51% to $32.5 million in 2025, then rose by 4.87% to $34.1 million in 2026.
- The last three Operating Leases figures came in at $34.1 million (Q1 2026), $32.5 million (Q4 2025), and $34.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 469.93 Bn | 453.29 Bn | 10.08 Bn |
| 2 | Motorola Solutions | 65.69 Bn | 64.83 Bn | 1.36 Bn |
| 3 | Hewlett Packard Enterprise | 63.18 Bn | 58.34 Bn | 8.25 Bn |
| 4 | Ciena | 60.70 Bn | 59.40 Bn | 625.52 Mn |
| 5 | Lumentum Holdings | 60.35 Bn | 57.18 Bn | 357.00 Mn |
| 6 | Ubiquiti | 35.71 Bn | 35.34 Bn | 370.71 Mn |
| 7 | AST SpaceMobile | 23.10 Bn | 23.68 Bn | -69.36 Mn |
| 8 | Applied Optoelectronics | 12.30 Bn | 11.86 Bn | 43.92 Mn |
| 9 | Zebra Technologies | 11.58 Bn | 11.47 Bn | 742.00 Mn |
| 10 | Viavi Solutions | 10.70 Bn | 10.69 Bn | 234.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 34.10 Mn |
| Nov 1, 2025 | 32.52 Mn |
| Aug 2, 2025 | 34.50 Mn |
| May 3, 2025 | 48.27 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 | 49.91 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 | 60.20 Mn |
| Jul 31, 2021 | 136.85 Mn |
| May 1, 2021 | 141.43 Mn |