Company / Working Capital
Ciena Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$2.3B
FY2025
5-year range
$2.3B / $2.6B
FY2021-FY2025
Trend
-11.3%
vs FY2024
Sector context
#49 of 323
Information Technology
What the data says
Ciena's working capital of $2.3B is higher than 85% of companies in the Information Technology sector (FY2025). Declined from $2.6B to $2.3B over the past 2 years.
Based on SEC 10-K filings.
$2.3B in FY2025 with a 5-year CAGR of +4.1%. Top quartile in the Information Technology sector.
Declined from $2.6B to $2.3B over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -1.3%
- 5-Year CAGR
- +4.1%
- 10-Year CAGR
- -
Sector benchmark
Top 15% in Information TechnologyTop 15% of 323This company $2.3B Sector average $1.3B
▼
+71.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +4.1%, indicating consistent growth.
- In FY2025, working capital decreased 11.3% year-over-year.
- Ranks #49 out of 323 companies in the Information Technology sector.
- Peak working capital was recorded in FY2023.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.3B | -11.3% |
| FY2024 | $2.5B | -3.8% |
| FY2023 | $2.6B | +12.7% |
| FY2022 | $2.3B | +2.9% |
| FY2021 | $2.3B | +23.2% |
| FY2020 | $1.9B | +20.5% |
| FY2019 | $1.5B | +30.2% |
| FY2018 | $1.2B | +21.8% |
| FY2017 | $968.6M | -13.6% |
| FY2016 | $1.1B | -6.3% |
As of FY2025 · SEC 10-K · Updated Mar 29, 2026