Ciena Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $123.3M | $84.0M | $254.8M | $152.9M | $500.2M | $361.3M | $253.4M | $-344.7M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $104.1M | $92.8M | $92.6M | $95.9M | $96.2M | $93.9M | $87.6M | $84.2M |
| Amortization | $25.8M | $29.6M | $37.4M | $32.5M | $23.7M | $23.4M | $21.8M | $15.7M |
| Stock-Based Compensation | $184.5M | $156.4M | $130.5M | $105.1M | $84.3M | $67.8M | $59.7M | $53.0M |
| Net Cash from Operating Activities | $806.1M | $514.5M | $168.3M | $-167.8M | $541.6M | $493.7M | $413.1M | $229.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $140.8M | $136.6M | $106.2M | $90.8M | $79.6M | $82.7M | $62.6M | $67.6M |
| Business Acquisitions | $231.1M | $0 | $230.0M | $62.0M | $0 | $28.3M | $0 | $82.7M |
| Net Cash from Investing Activities | $-241.5M | $-306.5M | $-383.5M | $-101.2M | $-90.7M | $-220.2M | $24.1M | $-19.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $334.5M | $254.5M | $242.2M | $500.8M | $91.3M | $74.5M | $150.1M | $111.0M |
| Net Cash from Financing Activities | $-405.9M | $-285.1M | $229.4M | $-133.1M | $-116.8M | $-87.2M | $-279.0M | $-99.2M |
| Net Change in Cash | $157.2M | $-75.8M | $16.4M | $-428.2M | $333.9M | $184.5M | $158.7M | $104.8M |
| Free Cash Flow | $665.3M | $377.9M | $62.1M | $-258.6M | $462.1M | $411.0M | $350.6M | $161.6M |