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 | 2019-10-31 | $350.6M | $188.9M | +116.87% | +9.81% |
| 2018 | 2018-10-31 | $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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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| 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 | −$41.1M | — | −3.72% |
| Q4 2020 | 2020-10-31 | $166.0M | $153.0M | +1182.15% | +20.03% |
| Q3 2020 | 2020-08-01 | $159.6M | $90.2M | +130.10% | +16.34% |
| Q2 2020 | 2020-05-02 | $72.5M | $3.2M | +4.60% | +8.11% |
| Q1 2020 · Feb 1 | 2020-02-01 | $12.9M | −$71.2M | −84.62% | +1.55% |
| Q1 2020 · Jan 31 | 2020-01-31 | $12.9M | $42.4M | — | +1.55% |
| Q3 2019 · Aug 3 | 2019-08-03 | $69.3M | $18.5M | +36.51% | +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 | 2018-10-31 | $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, Q2 2026, generated $218.7M in free cash flow, an increase of 70.55% 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 SEC-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 filings at SEC.gov ↗