Current Assets
Inventories
Ciena Inventories increased by 3.8% to $991.77M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $953.86M to $991.77M. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 20.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase might suggest overproduction or weakening demand, while a decrease could indicate strong sales or potential supply chain shortages.
Detailed definition
The carrying value of raw materials, work-in-process, and finished goods awaiting sale to consumers or enterprise client...
Peer comparison
Consumer electronics firms strive for high inventory turnover to mitigate the risk of rapid technological depreciation.
Metric ID:
inventoriesHistorical Data
19 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 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $408.30M | $411.22M | $493.03M | $572.63M | $862.12M | $982.82M | $1.22B | $1.14B | $1.23B | $1.10B | $1.04B | $1.08B | $1.01B | $927.60M | $953.86M | $992.35M | $981.88M | $955.64M | $991.77M |
| QoQ Change | — | +0.7% | +19.9% | +16.1% | +50.6% | +14.0% | +23.8% | -6.3% | +8.3% | -10.8% | -5.6% | +4.2% | -6.9% | -7.9% | +2.8% | +4.0% | -1.1% | -2.7% | +3.8% |
| YoY Change | — | — | — | — | +111.1% | +139.0% | +146.8% | +99.1% | +43.2% | +12.0% | -14.6% | -5.1% | -18.4% | -15.7% | -8.2% | -8.3% | -2.5% | +3.0% | +4.0% |
Range$408.30M – $1.23B
CAGR+21.8%
Avg YoY Growth+32.4%
Median YoY Growth+3.0%
Inventories at Other Companies
Frequently Asked Questions
- What is Ciena's inventories?
- Ciena (CIEN) reported inventories of $991.77M in Q4 2025.
- How has Ciena's inventories changed year-over-year?
- Ciena's inventories increased by 4.0% year-over-year, from $953.86M to $991.77M.
- What is the long-term trend for Ciena's inventories?
- Over 5 years (2020 to 2025), Ciena's inventories has grown at a 20.0% compound annual growth rate (CAGR), from $384.02M to $955.64M.
- What does inventories mean?
- The value of products currently being manufactured or held in stock ready to be sold.