What is Ciena's capital expenditures incurred but not yet paid?

Ciena (CIEN) reported capital expenditures incurred but not yet paid of $14.91M in Q4 2025.

How has Ciena's capital expenditures incurred but not yet paid changed year-over-year?

Ciena's capital expenditures incurred but not yet paid increased by 214.9% year-over-year, from $4.74M to $14.91M.

What is the long-term trend for Ciena's capital expenditures incurred but not yet paid?

Over 3 years (2021 to 2025), Ciena's capital expenditures incurred but not yet paid has grown at a 19.8% compound annual growth rate (CAGR), from $10.14M to $17.45M.

What does capital expenditures incurred but not yet paid mean?

Capital investments made during the period that have not yet been paid for in cash.

Discontinued — last reported Q4 '20

Supplemental

Capital expenditures incurred but not yet paid

Ciena Capital expenditures incurred but not yet paid increased by 466.9% to $14.91M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 214.9%, from $4.74M to $14.91M. Over 3 years (FY 2021 to FY 2025), Capital expenditures incurred but not yet paid shows an upward trend with a 19.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement

SectionSupplemental

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ1 2013

Last reportedQ4 2020

How to read this metric

An increase indicates a growing pipeline of capital projects or equipment acquisitions that will require future cash settlement.

Detailed definition

This metric captures capital expenditures that have been committed to or incurred but for which cash payment has not yet...

Peer comparison

Commonly found in the supplemental cash flow disclosures of capital-intensive manufacturing firms.

Metric ID: cf_amd_capex_unpaid

Historical Data

18 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25
Value	$551.00K	$4.62M	$2.97M	$5.12M	$1.23M	$3.05M	$7.35M	-$2.74M	-$39.00K	$2.41M	$4.23M	$2.14M	$28.95M	$4.74M	$7.81M	$2.27M	$2.63M	$14.91M
QoQ Change	—	+738.7%	-35.7%	+72.3%	-76.0%	+148.8%	+140.9%	-137.2%	+98.6%	>999%	+75.2%	-49.3%	>999%	-83.6%	+64.9%	-70.9%	+15.7%	+466.9%
YoY Change	—	—	—	—	+122.7%	-33.9%	+147.4%	-153.4%	-103.2%	-21.0%	-42.5%	+178.2%	>999%	+12.1%	+265.0%	-92.1%	—	+214.9%

Range-$2.74M – $28.95M

CAGR+117.3%

Avg YoY Growth>999%

Median YoY Growth+12.1%

Current Streak2 quarters growth

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Frequently Asked Questions

What is Ciena's capital expenditures incurred but not yet paid?: Ciena (CIEN) reported capital expenditures incurred but not yet paid of $14.91M in Q4 2025.
How has Ciena's capital expenditures incurred but not yet paid changed year-over-year?: Ciena's capital expenditures incurred but not yet paid increased by 214.9% year-over-year, from $4.74M to $14.91M.
What is the long-term trend for Ciena's capital expenditures incurred but not yet paid?: Over 3 years (2021 to 2025), Ciena's capital expenditures incurred but not yet paid has grown at a 19.8% compound annual growth rate (CAGR), from $10.14M to $17.45M.
What does capital expenditures incurred but not yet paid mean?: Capital investments made during the period that have not yet been paid for in cash.