For the quarter ending 2026-01-31, CIEN had $31,461K increase in cash & cash equivalents over the period. $153,760K in free cash flow.
| Cash Flow | 2026-01-31 | 2025-11-01 | 2025-08-02 | 2025-05-03 |
|---|---|---|---|---|
| Net income | 150,283 | 19,489 | 50,308 | 8,969 |
| Loss on extinguishment of debt | - | 0 | - | - |
| Depreciation of equipment, building, furniture and fixtures, and amortization of leasehold improvements | 32,309 | 27,496 | 26,866 | 25,092 |
| Impairment of intangible assets, finite-lived | - | 89,100 | - | - |
| Share-based compensation expense | 49,827 | 48,829 | 46,929 | 47,961 |
| Amortization of intangible assets | 11,521 | 9,862 | 8,788 | 8,777 |
| Deferred taxes | -7,043 | -1,464 | -11,239 | 6,615 |
| Provision for inventory excess and obsolescence | 21,832 | 14,239 | 10,754 | 12,513 |
| Provision for warranty | 8,185 | 8,140 | 5,588 | 5,017 |
| Gain on equity investments, net | - | 0 | - | - |
| Other | 1,545 | -1,102 | -4,517 | -300 |
| Accounts receivable | -9,406 | -18,144 | 96,030 | -12,597 |
| Inventories | 41,228 | -19,891 | -3,411 | 41,060 |
| Prepaid expenses and other | -40,024 | 51,236 | -53,296 | 7,892 |
| Operating lease right-of-use assets | -2,879 | -2,854 | -3,179 | -2,678 |
| Accounts payable, accruals and other obligations | -130,907 | 143,132 | 100,109 | 32,822 |
| Deferred revenue | 86,013 | 25,514 | -28,247 | 46,182 |
| Short- and long-term operating lease liabilities | -3,911 | -4,015 | -3,882 | -3,625 |
| Net cash provided by operating activities | 227,645 | 371,077 | 174,347 | 156,946 |
| Payments for equipment, furniture and fixtures | 73,885 | 45,428 | 39,751 | 28,738 |
| Purchases of investments | 39,919 | 22,827 | 32,233 | 62,078 |
| Proceeds from sales and maturities of investments | 68,882 | 86,968 | 96,774 | 109,776 |
| Purchase of equity investment | - | 0 | 0 | 0 |
| Settlement of foreign currency forward contracts, net | -1,036 | 1,380 | 5,076 | -684 |
| Acquisition of businesses, net of cash acquired | - | 231,100 | - | - |
| Net cash used in investing activities | -43,886 | -213,767 | 19,714 | 19,644 |
| Proceeds from modification of debt, net | 0 | 0 | 0 | 0 |
| Proceeds from issuance of term loan, net | - | 0 | - | - |
| Cash paid for extinguishment of debt | 0 | 0 | 0 | 0 |
| Payment of long-term debt | 0 | 2,895 | 2,895 | 2,895 |
| Payment of debt issuance costs | 0 | 0 | 0 | 2 |
| Payment of finance lease obligations | 1,158 | 1,136 | 1,134 | 1,090 |
| Shares repurchased for tax withholdings on vesting of stock unit awards | 90,100 | 31,272 | 17,777 | 16,777 |
| Repurchases of common stock - repurchase program, net | 80,513 | 84,472 | 81,838 | 87,021 |
| Proceeds from issuance of common stock | 17,226 | 2 | 18,742 | -1 |
| Net cash used in financing activities | -154,545 | -119,773 | -84,902 | -107,786 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 2,247 | -1,565 | -2,877 | 6,226 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 31,461 | 35,972 | 106,282 | 75,030 |
| Cash, cash equivalents and restricted cash at beginning of period | 1,092,197 | 1,056,225 | 949,943 | 874,913 |
| Cash, cash equivalents and restricted cash at end of period | 1,123,658 | 1,092,197 | 1,056,225 | 949,943 |
CIENA CORP (CIEN)
CIENA CORP (CIEN)