What is Ciena's capex?

Ciena (CIEN) reported capex of $41.05M in Q1 2026.

How has Ciena's capex changed year-over-year?

Ciena's capex increased by 42.8% year-over-year, from $28.74M to $41.05M.

What is the long-term trend for Ciena's capex?

Over 4 years (2021 to 2025), Ciena's capex has grown at a 15.3% compound annual growth rate (CAGR), from $79.55M to $140.8M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Ciena CIEN CapEx

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Other financials

Income statement

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Revenue$1.6B+39.5%

Gross profit$691.6M+52.7%

Operating income$237.9M+624%

Net income$218.2M+2,333%

EPS (diluted)$1.49+2,383%

Balance sheet

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Cash & equivalents$1.0B+10.0%

Total debt$1.6B-0.8%

Total equity$2.9B+4.2%

Total assets$6.0B+6.7%

Cash flow

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Operating cash flow$259.7M+65.5%

Free cash flow$218.7M+70.5%

Valuation

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Market cap$68.61B+551%

Enterprise value$69.14B+519%

P/E156.5×+56.0×

P/S12.3×+9.8×

Profitability

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Gross margin43%+1.1pp

Operating margin9.2%+4.5pp

Net margin7.9%+5.4pp

FCF margin15%—

Returns & leverage

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Return on equity15.5%+11.8pp

Debt / equity0.5×0.0×

Current ratio2.7×-0.7×

Where this comes from

Reported directly by Ciena in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Ciena’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ciena's capex?: Ciena (CIEN) reported capex of $41.05M in Q1 2026.
How has Ciena's capex changed year-over-year?: Ciena's capex increased by 42.8% year-over-year, from $28.74M to $41.05M.
What is the long-term trend for Ciena's capex?: Over 4 years (2021 to 2025), Ciena's capex has grown at a 15.3% compound annual growth rate (CAGR), from $79.55M to $140.8M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.