Ciena (CIEN) Research & Development (2009 - 2026)
Ciena (CIEN) recorded Research & Development of $236.67 million in fiscal Q3 2026 (quarter ended Aug 1, 2026), up 11.7% from $211.9 million a year earlier but down 0.5% from the prior quarter.
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Analysis
Ciena (CIEN) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Ciena's Research & Development came in at $924.94 million as of Aug 1, 2026, up 13.4% year-over-year; for FY2025 (ended Nov 1, 2025), it was $848.33 million, up 10.5% from FY2024.
- Annual Research & Development has increased for five straight fiscal years, with a five-year compound annual growth rate of 9.9% (FY2020 to FY2025).
- Across earlier fiscal years, Research & Development came in at $767.5 million in FY2024 (+2.3%), $750.56 million in FY2023 (+20.2%), $624.66 million in FY2022 (+16.4%) and $536.67 million in FY2021 (+1.3%).
- Quarterly Research & Development has ranged from $147.45 million in fiscal Q4 2021 to $237.91 million in fiscal Q2 2026 over the past five years.
- On a year-over-year basis, Research & Development has increased for eight consecutive quarters, with growth averaging 10.3% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 44.5% in fiscal Q2 2022, against a decline of 0.3% in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $237.91 million (Q2 2026), $221.46 million (Q1 2026) and $228.9 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,023.53 Bn | 4,771.02 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 434.59 Bn | 370.52 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 303.32 Bn | 259.08 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 233.08 Bn | 186.53 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 204.99 Bn | 193.51 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Seagate Technology Holdings | 151.41 Bn | 146.40 Bn | 1.90 Bn | 188.00 Mn |
| 7 | Sony | 147.67 Bn | 84.93 Bn | 6.53 Bn | - |
| 8 | Western Digital | 122.89 Bn | 111.02 Bn | 2.03 Bn | 284.00 Mn |
| 9 | Hewlett Packard Enterprise | 78.34 Bn | 56.22 Bn | 4.93 Bn | 1.16 Bn |
| 10 | Ciena | 50.51 Bn | 44.07 Bn | 759.27 Mn | 236.67 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 |
API Access
Ciena Research & Development 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=research-and-development&ticker=CIEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=CIEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();