Ciena annual free cash flow
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2025
Ciena Free Cash Flow (FCF) History (CIEN)
Ciena reported $665.3M in free cash flow for fiscal 2025, an increase of 76.05% from the previous fiscal year, with a free cash flow margin of 13.95%.
View full Ciena company overviewCiena free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-11-01 | $665.3M | $287.4M | +76.05% | +13.95% |
| 2024 | 2024-11-02 | $377.9M | $315.8M | +508.18% | +9.41% |
| 2023 | 2023-10-28 | $62.1M | $320.7M | — | +1.42% |
| 2022 | 2022-10-29 | −$258.6M | −$720.7M | — | −7.12% |
| 2021 | 2021-10-30 | $462.1M | $51.1M | +12.44% | +12.76% |
| 2020 | 2020-10-31 | $411.0M | $60.4M | +17.24% | +11.64% |
| 2019 | 2019-11-02 | $350.6M | $188.9M | +116.87% | +9.81% |
| 2018 | 2018-11-03 | $161.6M | $21.4M | +15.23% | +5.22% |
| 2017 | 2017-10-31 | $140.3M | −$42.1M | −23.06% | +5.01% |
| 2016 | 2016-10-31 | $182.3M | −$17.7M | −8.83% | +7.01% |
| 2015 | 2015-10-31 | $200.0M | $158.4M | +380.78% | +8.18% |
| 2014 | 2014-10-31 | $41.6M | $40.7M | +4714.81% | +1.82% |
| 2013 | 2013-10-31 | $864,000 | −$58.1M | −98.54% | +0.04% |
| 2012 | 2012-10-31 | $59.0M | $201.8M | — | +3.22% |
| 2011 | 2011-10-31 | −$142.9M | $137.4M | — | −8.20% |
| 2010 | 2010-10-31 | −$280.2M | −$263.5M | — | −22.66% |
| 2009 | 2009-10-31 | −$16.7M | −$104.3M | — | −2.56% |
| 2008 | 2008-10-31 | $87.6M | — | — | +9.71% |
Ciena quarterly free cash flow
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Q3.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q3 2026 | 2026-08-01 | $116.3M | −$18.3M | −13.59% | +6.96% |
| Q2 2026 | 2026-05-02 | $218.7M | $90.4M | +70.55% | +13.92% |
| Q1 2026 | 2026-01-31 | $153.8M | $76.9M | +100.11% | +10.77% |
| Q4 2025 | 2025-11-01 | $325.6M | $59.8M | +22.51% | +24.09% |
| Q3 2025 | 2025-08-02 | $134.6M | $313.6M | — | +11.04% |
| Q2 2025 | 2025-05-03 | $128.2M | $86.6M | +208.40% | +11.39% |
| Q1 2025 | 2025-02-01 | $76.8M | −$172.6M | −69.20% | +7.17% |
| Q4 2024 | 2024-11-02 | $265.8M | $93.1M | +53.92% | +23.65% |
| Q3 2024 | 2024-07-27 | −$179.0M | −$162.3M | — | −18.99% |
| Q2 2024 | 2024-04-27 | $41.6M | −$160.2M | −79.40% | +4.56% |
| Q1 2024 | 2024-01-27 | $249.5M | $545.1M | — | +24.04% |
| Q4 2023 | 2023-10-28 | $172.7M | $211.1M | — | +15.29% |
| Q3 2023 | 2023-07-29 | −$16.7M | $210.3M | — | −1.56% |
| Q2 2023 | 2023-04-29 | $201.8M | $114.7M | +131.68% | +17.82% |
| Q1 2023 | 2023-01-28 | −$295.7M | −$215.5M | — | −27.99% |
| Q4 2022 | 2022-10-29 | −$38.4M | −$281.0M | — | −3.96% |
| Q3 2022 | 2022-07-30 | −$227.0M | −$280.5M | — | −26.16% |
| Q2 2022 | 2022-04-30 | $87.1M | −$107.1M | −55.14% | +9.18% |
| Q1 2022 | 2022-01-29 | −$80.2M | −$52.0M | — | −9.50% |
| Q4 2021 | 2021-10-30 | $242.6M | $76.7M | +46.20% | +23.30% |
| Q3 2021 | 2021-07-31 | $53.5M | −$106.1M | −66.50% | +5.41% |
| Q2 2021 | 2021-05-01 | $194.2M | $121.7M | +167.75% | +23.29% |
| Q1 2021 | 2021-01-30 | −$28.2M | — | — | −3.72% |
| Q4 2020 | 2020-10-31 | $166.0M | — | — | +20.03% |
| Q3 2020 | 2020-08-01 | $159.6M | — | — | +16.34% |
| Q2 2020 | 2020-05-02 | $72.5M | −$11.6M | −13.83% | +8.11% |
| Q1 2020 · Feb 1 | 2020-02-01 | $12.9M | $42.4M | — | +1.55% |
| Q1 2020 · Jan 31 | 2020-01-31 | $12.9M | $42.4M | — | +1.55% |
| Q3 2019 · Aug 3 | 2019-08-03 | $69.3M | −$324,000 | −0.47% | +7.22% |
| Q3 2019 · Jul 31 | 2019-07-31 | $69.3M | −$324,000 | −0.47% | +7.22% |
| Q2 2019 · Apr 30 | 2019-04-30 | $84.2M | $53.0M | +170.28% | +9.73% |
| Q1 2019 | 2019-01-31 | −$29.4M | −$39.5M | — | −3.78% |
| Q4 2018 | 2018-11-03 | $50.8M | −$69.1M | −57.65% | +5.65% |
| Q3 2018 | 2018-07-31 | $69.7M | $34.7M | +99.49% | +8.51% |
| Q2 2018 | 2018-04-30 | $31.1M | −$6.2M | −16.68% | +4.27% |
| Q1 2018 | 2018-01-31 | $10.0M | $62.0M | — | +1.55% |
| Q4 2017 | 2017-10-31 | $119.9M | $9.3M | +8.36% | +16.11% |
| Q3 2017 | 2017-07-31 | $34.9M | −$14.1M | −28.76% | +4.79% |
| Q2 2017 | 2017-04-30 | $37.4M | $851,000 | +2.33% | +5.29% |
| Q1 2017 | 2017-01-31 | −$52.0M | −$38.1M | — | −8.36% |
| Q4 2016 | 2016-10-31 | $110.7M | $48.4M | +77.82% | +15.45% |
| Q3 2016 | 2016-07-31 | $49.0M | −$50.7M | −50.84% | +7.31% |
| Q2 2016 | 2016-04-30 | $36.5M | $9.4M | +34.78% | +5.70% |
| Q1 2016 | 2016-01-31 | −$13.9M | −$24.8M | — | −2.42% |
| Q4 2015 | 2015-10-31 | $62.2M | $641,000 | +1.04% | +9.00% |
| Q3 2015 | 2015-07-31 | $99.7M | $58.1M | +139.43% | +16.54% |
| Q2 2015 | 2015-04-30 | $27.1M | $35.8M | — | +4.36% |
| Q1 2015 | 2015-01-31 | $10.9M | $63.9M | — | +2.07% |
| Q4 2014 | 2014-10-31 | $61.6M | $70.0M | — | +10.42% |
| Q3 2014 | 2014-07-31 | $41.6M | $10.0M | +31.75% | +6.90% |
| Q2 2014 | 2014-04-30 | −$8.7M | −$44.3M | — | −1.56% |
| Q1 2014 | 2014-01-31 | −$52.9M | $5.0M | — | −9.92% |
| Q4 2013 | 2013-10-31 | −$8.4M | −$3.9M | — | −1.44% |
| Q3 2013 | 2013-07-31 | $31.6M | $25.3M | +402.11% | +5.87% |
| Q2 2013 | 2013-04-30 | $35.6M | −$16.6M | −31.82% | +7.01% |
| Q1 2013 | 2013-01-31 | −$58.0M | −$63.0M | — | −12.79% |
| Q4 2012 | 2012-10-31 | −$4.5M | −$35.3M | — | −0.97% |
| Q3 2012 | 2012-07-31 | $6.3M | $35.0M | — | +1.33% |
| Q2 2012 | 2012-04-30 | $52.2M | $116.2M | — | +10.93% |
| Q1 2012 | 2012-01-31 | $5.0M | $85.9M | — | +1.20% |
| Q4 2011 | 2011-10-31 | $30.8M | $73.1M | — | +6.76% |
| Q3 2011 | 2011-07-31 | −$28.8M | $117.6M | — | −6.61% |
| Q2 2011 | 2011-04-30 | −$63.9M | $25.0M | — | −15.30% |
| Q1 2011 | 2011-01-31 | −$80.9M | −$78.4M | — | −18.68% |
| Q4 2010 | 2010-10-31 | −$42.3M | — | — | −10.14% |
| Q3 2010 | 2010-07-31 | −$146.4M | — | — | −37.56% |
| Q2 2010 | 2010-04-30 | −$89.0M | — | — | −35.10% |
| Q1 2010 | 2010-01-31 | −$2.5M | — | — | −1.44% |
Ciena free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $411.0M to $665.3M, a compound annual growth rate of 10.11%. Ciena's latest reported quarter, Q3 2026, generated $116.3M in free cash flow, a decrease of 13.59% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Ciena source filings ↗Community posts
Ciena targets 30% annual revenue growth through fiscal 2029
Ciena ($CIEN) set a target of approximately 30% compound annual revenue growth from fiscal 2026 through fiscal 2029. Its three-year plan also calls for an adjusted gross margin near 50%, an adjusted operating margin of 32–35%, and a free-ca ...
