Ciena (CIEN) Research & Development (2009 - 2026)
Ciena (CIEN) posted Research & Development of $236.7 million for Q3 2026, down 0.52% on a QoQ basis from $237.9 million in Q2 2026, and up 11.69% year-over-year from $211.9 million in Q3 2025.
Analysis
Ciena (CIEN) Research & Development (2009 - 2026) Analysis & Trends
Ciena has reported Research & Development for 18 years, with the latest figure at $236.7 million in Q3 2026.
- On a quarterly basis, Research & Development rose 11.69% year-over-year to $236.7 million in Q3 2026; TTM through Aug 2026 was $924.9 million, a 13.43% increase from a year earlier, with the FY2025 full-year figure at $848.3 million, up 10.53% from the prior year.
- Research & Development was $236.7 million for Q3 2026 at Ciena, down from $237.9 million in the prior quarter.
- The five-year high for Research & Development was $237.9 million in Q2 2026, with the low at $148.4 million in Q1 2022.
- Average Research & Development over 5 years is $194.1 million, with a median of $190.0 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Research & Development soared 44.33% in 2022, then decreased 0.27% in 2024.
- Over 5 years, Research & Development stood at $166.9 million in 2022, then advanced by 13.51% to $189.4 million in 2023, then rose by 3.44% to $196.0 million in 2024, then increased by 16.81% to $228.9 million in 2025, then gained by 3.4% to $236.7 million in 2026.
- The last three Research & Development figures came in at $236.7 million (Q3 2026), $237.9 million (Q2 2026), and $221.5 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 2.95 Bn |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 236.67 Mn |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 52.96 Mn |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | -1.12 Bn |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 34.87 Mn |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 86.37 Mn |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 97.01 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 29.06 Mn |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | 5.46 Mn |
| 10 | Calix | 2.26 Bn | 2.07 Bn | 160.12 Mn | 62.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 236.67 Mn |
| May 2, 2026 | 237.91 Mn |
| 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 |