Operating
Change in Inventories
Ciena Change in Inventories increased by 0.4% to $41.23M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 15.0%, from $35.84M to $41.23M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026Mar 5, 2026
How to read this metric
A decrease is often positive as it signals efficient inventory turnover and cash release, provided it does not lead to stockouts.
Detailed definition
This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...
Peer comparison
Highly dependent on industry; manufacturing and device companies typically maintain higher inventory levels than software firms.
Metric ID:
change_in_inventoriesHistorical Data
14 periods
| Q2 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q3 '23 | Q1 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $15.91M | $8.75M | $87.18M | $83.88M | $293.61M | $124.45M | $235.06M | $100.20M | -$56.16M | -$72.87M | -$74.80M | $35.84M | $41.06M | $41.23M |
| QoQ Change | — | -45.0% | +896.8% | -3.8% | +250.0% | -57.6% | +88.9% | -57.4% | -156.0% | -29.8% | -2.6% | +147.9% | +14.6% | +0.4% |
| YoY Change | — | — | — | +427.1% | — | >999% | +169.6% | -65.9% | -123.9% | -172.7% | — | +163.8% | — | +15.0% |
Range-$74.80M – $293.61M
CAGR+34.0%
Avg YoY Growth+217.0%
Median YoY Growth+89.4%
Current Streak3 quarters growth
Change in Inventories at Other Companies
Frequently Asked Questions
- What is Ciena's change in inventories?
- Ciena (CIEN) reported change in inventories of $41.23M in Q4 2025.
- How has Ciena's change in inventories changed year-over-year?
- Ciena's change in inventories increased by 15.0% year-over-year, from $35.84M to $41.23M.
- What does change in inventories mean?
- The change in the value of products and materials held in stock.