Ciena (CIEN) Research & Development (2009 - 2026)
Ciena (CIEN) recorded quarterly Research & Development of $221.5 million in Q1 2026, down 3.25% quarter-over-quarter from $228.9 million in Q4 2025, and up 14.95% on a YoY basis from $192.7 million in Q1 2025.
Ciena (CIEN) Research & Development (2009 - 2026) Analysis & Trends
Ciena's Research & Development history runs 18 years deep, the most recent figure standing at $221.5 million for Q1 2026.
- In Q1 2026, Research & Development rose 14.95% year-over-year to $221.5 million; the TTM figure through Jan 2026 stood at $877.1 million (up 13.49% YoY), while the FY2025 annual figure was $848.3 million, up 10.53% from the prior year.
- Research & Development was $221.5 million for Q1 2026 at Ciena, down from $228.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $228.9 million in Q4 2025 to a low of $148.4 million in Q1 2022.
- Historically, Research & Development has averaged $189.0 million across 5 years, with a median of $189.4 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Research & Development jumped 44.52% in 2022, then retreated 0.27% in 2024.
- A 5-year view of Research & Development shows it stood at $166.9 million in 2022, then gained by 13.51% to $189.4 million in 2023, then increased by 3.44% to $196.0 million in 2024, then grew by 16.81% to $228.9 million in 2025, then declined by 3.25% to $221.5 million in 2026.
- The last three Research & Development figures came in at $221.5 million (Q1 2026), $228.9 million (Q4 2025), and $211.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 2.38 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 221.46 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 252.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 744.00 Mn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 90.60 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 51.81 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | 7.13 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 25.66 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 165.00 Mn |
| 10 | Viavi Solutions | 10.76 Bn | 10.75 Bn | 234.10 Mn | 71.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 221.46 Mn |
| Nov 1, 2025 | 228.90 Mn |
| Aug 2, 2025 | 211.90 Mn |
| May 3, 2025 | 214.87 Mn |
| Feb 1, 2025 | 192.66 Mn |
| Nov 2, 2024 | 195.96 Mn |
| Jul 27, 2024 | 188.89 Mn |
| Apr 27, 2024 | 195.38 Mn |
| Jan 27, 2024 | 187.27 Mn |
| Oct 28, 2023 | 189.44 Mn |
| Jul 29, 2023 | 189.39 Mn |
| Apr 29, 2023 | 189.99 Mn |
| Jan 28, 2023 | 181.73 Mn |
| Oct 29, 2022 | 166.90 Mn |
| Jul 30, 2022 | 150.03 Mn |
| Apr 30, 2022 | 159.32 Mn |
| Jan 29, 2022 | 148.41 Mn |
| Oct 30, 2021 | 147.45 Mn |
| Jul 31, 2021 | 146.23 Mn |
| May 1, 2021 | 110.25 Mn |