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Ciena (CIEN) R&D spending by quarter

Ciena's R&D spending was $237M in Q3 FY26 (third quarter fiscal 2026), -0.5% from Q2 FY26. Over the last 7 quarters it ranged from $196M (Q4 FY24) to $238M (Q2 FY26).

Ciena R&D spending by quarterCiena R&D spending by quarter$196MQ4 FY24$215MQ2 FY25$212MQ3 FY25$229MQ4 FY25$221MQ1 FY26$238MQ2 FY26$237MQ3 FY26
QuarterR&D spendingQ/QY/Y
Q3 FY26$237M-0.5%+12%
Q2 FY26$238M+7%+11%
Q1 FY26$221M-3%—
Q4 FY25$229M+8%+17%
Q3 FY25$212M-1%—
Q2 FY25$215M+10%—
Q4 FY24$196M——

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 R&D spending?

Ciena's R&D spending was $237M in Q3 FY26 (third quarter fiscal 2026), -0.5% from Q2 FY26.

How has Ciena's R&D spending changed?

Over the last 7 quarters it ranged from $196M (Q4 FY24) to $238M (Q2 FY26).

Q3 FY26 results → · How Ciena makes money →