Company / Interest Expense
Ciena Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$88.0M
FY2023
5-year range
$30.8M / $88.0M
FY2019-FY2023
Trend
+87.1%
vs FY2022
Sector context
#21 of 78
Information Technology
What the data says
At $88M, Ciena's interest expense ranks #58 of 78 in the Information Technology sector. Increased from $31M to $88M over the past 2 years.
Based on SEC 10-K filings.
$88M in FY2023 with a 5-year CAGR of +9.8%.
Increased from $31M to $88M over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +41.1%
- 5-Year CAGR
- +9.8%
- 10-Year CAGR
- -
Sector benchmark
#58 of 78 in Information TechnologyTop 73% of 78This company $88.0M Sector average $135.1M
▼
-34.8% below sector average
Key checks
Key Insights
- 5-year CAGR of +9.8%, indicating consistent growth.
- In FY2023, interest expense increased 87.1% year-over-year.
- Ranks #21 out of 78 companies in the Information Technology sector.
- Lowest interest expense in the period was in FY2021.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $88.0M | +87.1% |
| FY2022 | $47.0M | +52.6% |
| FY2021 | $30.8M | -1.5% |
| FY2020 | $31.3M | -16.4% |
| FY2019 | $37.5M | -32.2% |
| FY2018 | $55.2M | -1.1% |
| FY2017 | $55.9M | -1.4% |
| FY2016 | $56.7M | +10.7% |
As of FY2023 · SEC 10-K · Updated Mar 29, 2026