Filing Flows › Ciena (CIEN) › Free cash flow
Ciena (CIEN) free cash flow by quarter
Ciena's free cash flow was $116M in Q3 FY26 (third quarter fiscal 2026), -47% from Q2 FY26. Over the last 7 quarters it ranged from $116M (Q3 FY26) to $326M (Q4 FY25).
| Quarter | Free cash flow | Q/Q | Y/Y |
|---|---|---|---|
| Q3 FY26 | $116M | -47% | -14% |
| Q2 FY26 | $219M | +42% | +71% |
| Q1 FY26 | $154M | -53% | — |
| Q4 FY25 | $326M | +142% | +23% |
| Q3 FY25 | $135M | +5% | — |
| Q2 FY25 | $128M | -52% | — |
| Q4 FY24 | $266M | — | — |
Q3 FY26 at a glance
Ciena, Q3 FY26: revenue $1.7B (+37% year over year), operating margin 18.0%, net earnings $266M, operating cash flow $196M. The chart follows the revenue to costs, profit and cash.
Questions
What is Ciena's free cash flow?
Ciena's free cash flow was $116M in Q3 FY26 (third quarter fiscal 2026), -47% from Q2 FY26.
How has Ciena's free cash flow changed?
Over the last 7 quarters it ranged from $116M (Q3 FY26) to $326M (Q4 FY25).