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CIENA CORP Interest Expense 2008-2024 | CIEN

Annual FY2008–FY2023 · quarterly through Q2 FY2024

Latest annual · FY2023

$88.0M

+87.1%YoY vs FY2022Source: 10-KFY2023

From $12.9M in FY2008 to $88.0M in FY2023: 6.8× in 15 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY24$24M+49.8%$24M−0.1%Not reportedNot reported
FY23$16M+83.5%$24M+99.3%$24M+90.3%$24M+75.7%
FY22$9M+17.5%$12M+53.9%$13M+62.6%$14M+74.0%
FY21$7M−16.5%$8M−1.0%$8M+7.2%$8M+7.0%
FY20$9M−6.6%$8M−17.0%$7M−22.9%$7M−19.1%
Share24%25%25%26%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+9.8%

FY2018
$55.2M
FY2023
$88.0M

5 years selected · on the chart

Interest Expense History

Year-over-year comparison from 10-K annual reports

  1. $88.0M
YoY changeLargest recent move+52.6%in FY22Latest +87.1%

2 older moves run past ±100% (largest +151.4%); point at, tap or drag across the bars to read one.

Interest Expense, period by period

PeriodValueChangeSource
FY2023$88.0M+87.1%10-K
FY2022$47.0M+52.6%10-K
FY2021$30.8M−1.5%10-K
FY2020$31.3M−16.4%10-K
FY2019$37.5M−32.2%10-K
FY2018$55.2M−1.1%10-K
FY2017$55.9M−1.4%10-K
FY2016$56.7M+10.7%10-K
FY2015$51.2M+8.6%10-K
FY2014$47.1M+7.0%10-K
FY2013$44.0M+11.1%10-K
FY2012$39.7M+4.6%10-K
FY2011$37.9M+103.7%10-K
FY2010$18.6M+151.4%10-K
FY2009$7.4M−42.7%10-K
FY2008$12.9M—10-K

What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is CIENA CORP's current interest expense?

CIENA CORP (CIEN) annual interest expense for 2023 was $88.0M, a 87.09% increase from 2022. CIENA CORP interest expense for the quarter ending April 27, 2024 was $23.9M.

What was CIENA CORP's interest expense in 2022?

CIENA CORP annual interest expense for 2022 was $47.0M, a 52.58% increase from 2021.

What was CIENA CORP's interest expense in 2021?

CIENA CORP annual interest expense for 2021 was $30.8M, a 1.55% decline from 2020.

What is CIENA CORP's 5-year interest expense CAGR?

CIENA CORP interest expense grew at a compound annual growth rate (CAGR) of 9.76% from FY2018 to FY2023, going from $55.2M to $88.0M over 5 years.

Company
CIENA CORP
Ticker
CIEN
Sector
Other
Industry
Telephone & Telegraph Apparatus