Ciena Corporation
CIEN Technology Communication Equipment
Ciena Corporation’s revenue for fiscal 2025 (year ended October 2025) was $4.8 billion, up 18.8% from fiscal 2024. In the quarter to July 2026, revenue grew 37.1%, EPS grew 437.1%, free cash flow fell 13.6% and total debt rose 110.0%, each against the same quarter a year earlier. Member of the S&P 500; operating cash flow growth for three consecutive years.
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Ciena Corporation (CIEN) Operating cash flow
Ciena Corporation's operating cash flow for fiscal 2025 was $806.1M, up 56.7% from $514.5M in fiscal 2024. Over the twelve months to 31 July 2026 it was $1.1B. Over the past ten years it has ranged from −$167.8M (fiscal 2022) to $806.1M (fiscal 2025) — the current reading is the highest in ten years. Operating cash flow has risen for 3 consecutive fiscal years. Ciena Corporation ranks 7th of 47 Communication Equipment companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $806.1M | 56.67% |
| FY2024 | $514.5M | 205.66% |
| FY2023 | $168.3M | — |
| FY2022 | −$167.8M | — |
| FY2021 | $541.6M | 9.72% |
| FY2020 | $493.7M | 19.49% |
| FY2019 | $413.1M | 80.21% |
| FY2018 | $229.3M | (2.39%) |
| FY2017 | $234.9M | (18.87%) |
| FY2016 | $289.5M | 10.46% |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Jul 2026 | $196.3M | (24.43%) |
| Apr 2026 | $259.7M | 14.08% |
| Jan 2026 | $227.6M | (38.65%) |
| Oct 2025 | $371.1M | 112.84% |
| 43 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| HPE Hewlett Packard Enterprise Company compare | $6.7B |
| ERIC Ericsson compare | $3.5B |
| MSI Motorola Solutions, Inc. compare | $3.0B |
| NOK Nokia Corporation compare | $1.3B |
| CIEN Ciena Corporation | $1.1B |
| ZBRA Zebra Technologies Corporation compare | $979.0M |
| UI Ubiquiti Inc. compare | $928.7M |
| LITE Lumentum Holdings Inc. compare | $751.4M |
| ASTS AST SpaceMobile, Inc. compare | −$144.7M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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