Company / Free Cash Flow
Ciena Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$665.3M
FY2025
5-year range
-$258.6M / $665.3M
FY2021-FY2025
Trend
+76.1%
vs FY2024
Sector context
#71 of 278
Information Technology
What the data says
At $665M, Ciena's free cash flow ranks #71 of 278 in the Information Technology sector. Free Cash Flow has increased for 3 consecutive years, from -$259M in FY2022 to $665M in FY2025.
Based on SEC 10-K filings.
$665M in FY2025 with a 5-year CAGR of +10.1%.
Improved from $62M to $665M over the past 2 years.
Information Technology sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +10.1%
- 10-Year CAGR
- -
Sector benchmark
#71 of 278 in Information TechnologyTop 26% of 278This company $665.3M Sector average $1.5B
▼
-54.8% below sector average
Key checks
Key Insights
- Ciena's free cash flow has grown for 3 consecutive years.
- 5-year CAGR of +10.1%, indicating consistent growth.
- In FY2025, free cash flow increased 76.1% year-over-year.
- Ranks #71 out of 278 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 1.10 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $665.3M | +76.1% |
| FY2024 | $377.9M | +508.2% |
| FY2023 | $62.1M | +124.0% |
| FY2022 | -$258.6M | -156.0% |
| FY2021 | $462.1M | +12.4% |
| FY2020 | $411.0M | +17.2% |
| FY2019 | $350.6M | +116.9% |
| FY2018 | $161.6M | +15.2% |
| FY2017 | $140.3M | -23.1% |
| FY2016 | $182.3M | -8.8% |
As of FY2025 · SEC 10-K · Updated Mar 29, 2026