Ciena Corp (CIEN) FY2025 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-11-03 to 2025-11-01

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Ciena Corp cash flow reconciliation, Nov 3, 2024 through Nov 1, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $123,338,000.00Accounts payable, accruals and other obligations → Operating adjustments reconciliation: $226,486,000.00Share-based compensation costs → Operating adjustments reconciliation: $184,525,000.00Depreciation of equipment, building, furniture and fixtures, and amortization of leasehold improvements → Operating adjustments reconciliation: $104,133,000.00Impairment of intangible assets, finite-lived → Operating adjustments reconciliation: $89,100,000.00Prepaid expenses and other → Operating adjustments reconciliation: $86,204,000.00Deferred revenue → Operating adjustments reconciliation: $63,760,000.00Provision for inventory excess and obsolescence → Operating adjustments reconciliation: $48,424,000.00Amortization of intangible assets → Operating adjustments reconciliation: $36,205,000.00Provision for warranty → Operating adjustments reconciliation: $24,442,000.00Operating lease right-of-use assets → Operating adjustments reconciliation: $11,613,000.00Operating adjustments reconciliation → Net cash from operating activities: $682,755,000.00Operating adjustments reconciliation → Accounts receivable: $98,743,000.00Operating adjustments reconciliation → Inventories: $53,602,000.00Operating adjustments reconciliation → Deferred taxes: $23,173,000.00Operating adjustments reconciliation → Short and long-term operating lease liabilities: $15,883,000.00Operating adjustments reconciliation → Other: $736,000.00Proceeds from sales and maturities of investments → investing reconciliation: $348,579,000.00investing reconciliation → Acquisition of businesses, net of cash acquired: $231,100,000.00investing reconciliation → Purchases of investments: $214,162,000.00investing reconciliation → Payments for equipment, furniture, fixtures and intellectual property: $140,801,000.00investing reconciliation → Settlement of foreign currency forward contracts, net: $4,015,000.00Net cash used in financing activities → financing reconciliation: $405,918,000.00Proceeds from issuance of common stock → financing reconciliation: $35,876,000.00Proceeds from modification of debt, net → financing reconciliation: $19,175,000.00financing reconciliation → Repurchases of common stock - repurchase program, net: $334,507,000.00financing reconciliation → Shares repurchased for tax withholdings on vesting of stock unit awards: $91,315,000.00financing reconciliation → Cash paid for extinguishment of debt: $19,175,000.00financing reconciliation → Payment of long-term debt: $11,580,000.00financing reconciliation → Payment of finance lease obligations: $4,380,000.00financing reconciliation → Payment of debt issuance costs: $12,000.00Net cash used in investing activities → investing reconciliation: $241,499,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $935,026,000.00Net cash from operating activities → Cash sources and uses: $806,093,000.00Cash sources and uses → Exchange-rate effect: $1,505,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,092,197,000.00Cash sources and uses → Net cash used in investing activities: $241,499,000.00Cash sources and uses → Net cash used in financing activities: $405,918,000.00Net income: $123,338,000.00Net income+$123.34 MLoss on extinguishment of debt: $0.00Depreciation of equipment, building, furniture and fixtures, and amortization of leasehold improvements: $104,133,000.00Depreciation expense+$104.13 MImpairment of intangible assets, finite-lived: $89,100,000.00Finite intangible impairment+$89.10 MShare-based compensation costs: $184,525,000.00Stock-based compensation+$184.53 MAmortization of intangible assets: $36,205,000.00Intangible amortization+$36.21 MDeferred taxes: -$23,173,000.00Deferred taxes & credits−$23.17 MProvision for inventory excess and obsolescence: $48,424,000.00Inventory write-downs+$48.42 MProvision for warranty: $24,442,000.00Provision for warranty+$24.44 MGain on equity investments, net: $0.00Other: -$736,000.00Other non-cash items−$736.00 KAccounts receivable: -$98,743,000.00Accounts receivable−$98.74 MInventories: -$53,602,000.00Inventories−$53.60 MPrepaid expenses and other: $86,204,000.00Prepaid & other assets+$86.20 MOperating lease right-of-use assets: $11,613,000.00Operating lease right-of-use+$11.61 MAccounts payable, accruals and other obligations: $226,486,000.00Payables & accrued liabilities+$226.49 MDeferred revenue: $63,760,000.00Deferred revenue+$63.76 MShort and long-term operating lease liabilities: -$15,883,000.00Operating lease liabilities−$15.88 MNet cash from operating activities: $806,093,000.00Operating cash+$806.09 MOperating adjustments reconciliation: $874,892,000.00Proceeds from issuance of term loan, net: $0.00Payment of long-term debt: -$11,580,000.00Long-term debt repaid−$11.58 MProceeds from modification of debt, net: $19,175,000.00Proceeds from modification of debt, net+$19.18 MCash paid for extinguishment of debt: -$19,175,000.00Debt extinguishment costs−$19.18 MPayment of debt issuance costs: -$12,000.00Debt issuance costs−$12.00 KPayment of finance lease obligations: -$4,380,000.00Finance lease payments−$4.38 MShares repurchased for tax withholdings on vesting of stock unit awards: -$91,315,000.00Stock-award tax withholding−$91.32 MRepurchases of common stock - repurchase program, net: -$334,507,000.00Common stock repurchases−$334.51 MProceeds from issuance of common stock: $35,876,000.00Common stock issued+$35.88 MNet cash used in financing activities: -$405,918,000.00. Cash required to fund net payments.Financing cash−$405.92 Mfinancing reconciliation: $460,969,000.00Payments for equipment, furniture, fixtures and intellectual property: -$140,801,000.00PP&E purchases−$140.80 MPurchases of investments: -$214,162,000.00AFS securities purchases−$214.16 MProceeds from sales and maturities of investments: $348,579,000.00AFS securities maturities+$348.58 MPurchase of equity investment: $0.00Settlement of foreign currency forward contracts, net: -$4,015,000.00Derivatives, net−$4.02 MAcquisition of businesses, net of cash acquired: -$231,100,000.00Acquisitions, net of cash−$231.10 MNet cash used in investing activities: -$241,499,000.00. Cash required to fund net payments.Investing cash−$241.50 Minvesting reconciliation: $590,078,000.00Cash sources and uses: $1,741,119,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $935,026,000.00Beginning cash$935.03 MEnding cash: Cash, cash equivalents, and restricted cash: $1,092,197,000.00Ending cash$1.09 BExchange-rate effect: -$1,505,000.00FX effect−$1.51 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$665.29 MOperating cash − cash spent on PP&ECash flow / Net income6.54×Operating cash flow ÷ net incomeNet cash change+$157.17 MEnding cash − beginning cash
Chart details

Ciena Corp cash flow reconciliation, Nov 3, 2024 through Nov 1, 2025

Cash flows for Nov 3, 2024 through Nov 1, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Nov 2, 2024. Ending cash: Nov 1, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Nov 2, 2024
935,026,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
806,093,000 US dollars. Net cash provided.
Net income
123,338,000 US dollars
Loss on extinguishment of debt
0 US dollars
Depreciation of equipment, building, furniture and fixtures, and amortization of leasehold improvements
104,133,000 US dollars
Impairment of intangible assets, finite-lived
89,100,000 US dollars
Share-based compensation costs
184,525,000 US dollars
Amortization of intangible assets
36,205,000 US dollars
Deferred taxes
negative 23,173,000 US dollars
Provision for inventory excess and obsolescence
48,424,000 US dollars
Provision for warranty
24,442,000 US dollars
Gain on equity investments, net
0 US dollars
Other
negative 736,000 US dollars
Accounts receivable
negative 98,743,000 US dollars
Inventories
negative 53,602,000 US dollars
Prepaid expenses and other
86,204,000 US dollars
Operating lease right-of-use assets
11,613,000 US dollars
Accounts payable, accruals and other obligations
226,486,000 US dollars
Deferred revenue
63,760,000 US dollars
Short and long-term operating lease liabilities
negative 15,883,000 US dollars
Investing activities
negative 241,499,000 US dollars. Net cash used.
Payments for equipment, furniture, fixtures and intellectual property
negative 140,801,000 US dollars
Purchases of investments
negative 214,162,000 US dollars
Proceeds from sales and maturities of investments
348,579,000 US dollars
Purchase of equity investment
0 US dollars
Settlement of foreign currency forward contracts, net
negative 4,015,000 US dollars
Acquisition of businesses, net of cash acquired
negative 231,100,000 US dollars
Financing activities
negative 405,918,000 US dollars. Net cash used.
Proceeds from issuance of term loan, net
0 US dollars
Payment of long-term debt
negative 11,580,000 US dollars
Proceeds from modification of debt, net
19,175,000 US dollars
Cash paid for extinguishment of debt
negative 19,175,000 US dollars
Payment of debt issuance costs
negative 12,000 US dollars
Payment of finance lease obligations
negative 4,380,000 US dollars
Shares repurchased for tax withholdings on vesting of stock unit awards
negative 91,315,000 US dollars
Repurchases of common stock - repurchase program, net
negative 334,507,000 US dollars
Proceeds from issuance of common stock
35,876,000 US dollars
Operating adjustment reconciliation
874,892,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
460,969,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
590,078,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 1,505,000 US dollars
Ending cash on Nov 1, 2025
1,092,197,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
1,741,119,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
157,171,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
6.54×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
806,093,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
140,801,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
665,292,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $682.76M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 806,093,000 US dollars minus 140,801,000 US dollars equals 665,292,000 US dollars.
Ciena Corp (CIEN) FY2025 Annual Statement of Cash Flows Sankey chart
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