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 480.96 Bn 464.32 Bn 10.08 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn
10 Viavi Solutions 10.76 Bn 10.75 Bn 234.10 Mn

Historic Data

Download Data
DateValue
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