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Ciena (CIEN) Cash Flow Waterfall

Trace Ciena's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

TTM

Operating CF

$1.03B

Capex

−$200.11M

Free Cash Flow

$832.66M

FCF Margin

+80.6%

Cash flow waterfall for Ciena (CIEN) — TTM through Q2 2026

Free cash flow: $832.66M

Cash flow breakdown for Ciena (CIEN) — TTM through Q2 2026

  • Operating Cash Flow$1.03B
  • Capital Expenditure−$200.11M
  • Free Cash Flow$832.66M
  • Acquisitions−$231.10M
  • Other Investing$40.38M
  • Share Buybacks−$364.56M
  • Other Financing & FX−$345.49M
  • Net Cash Decrease−$68.28M
Want to see what drove the FCF change?Free Cash Flow Bridge

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Data & methodology