Ciena (CIEN) Operating Leases (2020 - 2026)
Ciena's Operating Leases came in at $38.63 million for fiscal Q3 2026 (quarter ended Aug 1, 2026), up 12.0% from $34.5 million a year earlier and up 20.7% from the prior quarter.
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Analysis
Ciena (CIEN) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 1, 2025), Ciena's Operating Leases was $32.52 million, up 29.5% from FY2024.
- Operating Leases carries a five-year compound annual growth rate of -11.9% (FY2020 to FY2025).
- Going back by fiscal year, Operating Leases was $25.11 million in FY2024 (-24.5%), $33.26 million in FY2023 (-21.5%), $42.39 million in FY2022 (+2.0%) and $41.56 million in FY2021 (-32.3%).
- The fiscal Q3 2026 figure represents the highest quarterly Operating Leases since fiscal Q2 2023.
- Year-over-year, Operating Leases increased in five of the last eight quarters, with growth averaging 10.0%.
- The fastest year-over-year change in Operating Leases over five years came in fiscal Q1 2026 (growth of 49.8%), and the weakest in fiscal Q1 2022 (a decline of 67.5%).
- Business Quant data shows CIEN's Operating Leases at $32 million (Q2 2026), $34.1 million (Q1 2026) and $32.52 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,023.53 Bn | 4,771.02 Bn | 54.77 Bn |
| 2 | Cisco Systems | 434.59 Bn | 370.52 Bn | 11.06 Bn |
| 3 | Dell Technologies | 303.32 Bn | 259.08 Bn | 9.83 Bn |
| 4 | Arista Networks | 233.08 Bn | 186.53 Bn | 1.91 Bn |
| 5 | Sandisk | 204.99 Bn | 193.51 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 151.41 Bn | 146.40 Bn | 1.90 Bn |
| 7 | Sony | 147.67 Bn | 84.93 Bn | 6.53 Bn |
| 8 | Western Digital | 122.89 Bn | 111.02 Bn | 2.03 Bn |
| 9 | Hewlett Packard Enterprise | 78.34 Bn | 56.22 Bn | 4.93 Bn |
| 10 | Ciena | 50.51 Bn | 44.07 Bn | 759.27 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 | 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 |
API Access
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_KEYimport 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();