Applied Optoelectronics, Inc.

Applied Optoelectronics, Inc.

AAOI
Applied Optoelectronics, Inc.US flagNASDAQ Global Market
101.40
USD
+0.37
- -
8.14BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.87
9.12
12.15
15.16
20.02
13.61
9.55
10.73
7.86
8
6.81
6
7.57
8.19
Basic EPS, GAAP
-0.14
0.3
0.69
1.82
3.87
-0.11
-3.31
-2.67
-2.01
-2.38
-1.75
-4.5
-0.64
-0.78
Free Cash Flow per Basic Share
-1.6
-2.51
-4.66
0.41
0.88
-3.25
-1.56
-2.76
-0.75
-0.64
-0.55
-2.73
-5.88
-8.26
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4.99
7.76
9.82
12.36
17.13
16.61
13.59
11.07
9.32
6.45
5.63
4.64
9.79
19.77
Tangible Book Value per Share
4.85
7.44
9.54
12.1
16.89
16.12
13.11
10.67
8.96
6.14
5.41
4.47
9.67
19.67
Basic Weighted Avg Shares
10
14
16
17
19
20
20
22
27
28
32
42
60
73
Sales/Revenue/Turnover
78
130
190
261
382
267
191
235
212
223
218
249
456
596
Operating Margin (%)
0.02
4.15
7.2
8.89
22.8
-3.68
-24.69
-19.66
-26.2
-26.41
-18.57
-28.28
-10.91
-10.58
Depreciation Expense
3
6
9
14
20
30
24
25
25
23
20
21
28
35
Net Income, GAAP
-1
4
11
31
74
-2
-66
-58
-54
-66
-56
-187
-38
-57
Effective Tax Rate (%)
- -
4.44
3.36
- -
12.51
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-1.79
3.28
5.68
11.98
19.34
-0.8
-34.6
-24.91
-25.6
-29.8
-25.75
-74.88
-8.39
-9.57
Working Capital
39
65
80
98
159
117
101
106
85
45
79
131
418
761
LT Debt
9
19
34
35
49
60
102
100
91
85
81
148
177
205
Total Equity
63
115
165
227
333
329
274
278
255
185
215
229
734
1,668
Return on Invested Capital (%)
- -
4.36
6.97
- -
23
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
3.89
6.23
- -
22.87
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-2.99
4.81
7.7
15.9
26.38
-0.65
-21.91
-21.19
-20.34
-30.23
-28.06
-84.12
-7.94
-5.45

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
71
80
95
LT Borrowings
130
130
131
LT Finance Leases
47
71
74
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
75
79
84
Market Capitalization
2,614
6,680
12,503

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
676
993
1,190
Cash, Cash Equivalents & STI
206
440
500
Accounts Receivable, Net
244
299
314
Inventories
183
206
279
Total Current Liabilities
257
259
428
Payables & Accruals
181
175
325
ST Debt
71
80
95
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.5%
41.49%
220.33%
Free Cash Flow
26.64%
135.51%
212.03%
Net Income, GAAP
334.28%
30.66%
-79.53%
Sales/Revenue/Turnover
13.87%
18.1%
82.75%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
41
43
65
100
249
2025
100
103
119
134
456
2026
151
192
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.6
-0.66
-0.42
-2.6
-4.5
2025
-0.18
-0.16
-0.28
-0.03
-0.64
2026
-0.19
-0.28
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chih-Hsiang Lin
Full Time Employees
4,691
Sector
Technology
Industry
Communication Equipment
Address
13139 Jess Pirtle Boulevard Sugar Land TX United States of America 77478
IPO Date
Sep 26, 2013
Website
ao-inc.com
Business
Applied Optoelectronics, Inc. (Nasdaq: AAOI) designs, manufactures and sells fiber-optic networking products serving internet data centers, cable television broadband (CATV), telecommunications, fiber-to-the-home (FTTH), sensing, wireless and cable access markets; core offerings include high-speed optical transceivers such as 100Gbps, 400Gbps and 800G modules, lasers and laser components (including diode lasers, DFB and QAM DFB semiconductor chips), photodiodes, optical components and filters (such as TOSA, ROSA and TO packages), packaged optical subassemblies, HFC network equipment (including Quantum18 and QuantumLink amplifiers, nodes, transmitters, headend and distribution equipment supporting DOCSIS 4.0 and 10G standards) and turn-key RF solutions. Founded in 1997 and headquartered in Sugar Land, Texas, the company maintains vertically integrated manufacturing and R&D facilities in the United States, Taiwan (New Taipei City) and China (Ningbo), with sales coordinated globally through direct personnel. AOI reports robust growth with Q3 2025 revenue of $118.6 million, up 82% year-over-year and 15% sequentially, driven by data center and CATV demand; non-GAAP gross margins expanded to 31.0% from 25.0% a year earlier, while guiding Q4 2025 revenue to $125-$140 million with planned U.S. capacity for 100,000 800G transceiver units per month by year-end. The company continues investing in next-generation 1.6T products and operational efficiencies following the 2022 divestiture of its Wuhan, China manufacturing assets, focusing on high-volume hyperscale data center operators and broadband providers amid AI-driven demand.

Company News

  • Applied Optoelectronics Rides on AI Boom: Can It Beat LITE and FN?

  • AOI Brings First Live Quantum30 3.0GHz Concept Demo to SCTE TechExpo in Atlanta

  • AAOI vs. Fabrinet: Which AI Data Center Stock Is the Better Buy?

  • FN Rides on Surging Data Center Demand: Can It Outpace AAOI & LITE?

  • Lumentum to Demonstrate DWDM ELSFP at ECOC 2026: What's Ahead?

  • Applied Optoelectronics Inc (AAOI) Stock Up 3.3% but GF Value Says Overvalued -- GF Score: 61/100

  • Corning Climbs 6% as AI Optical Interconnect Demo Highlights Its Fiber; Lumentum, Coherent and Applied Optoelectronics Rise 4%

  • Applied Optoelectronics Is Entering Its Most Important Growth Phase

  • Applied Optoelectronics's Upcoming Growth Inflection Triggers Massive Upside

  • Engineers Gate Manager LP Sells 18,999 Shares of Applied Optoelectronics, Inc. $AAOI

  • Applied Optoelectronics's Next Run Could Be Bigger

  • 17 Stocks Short Sellers Are Loving Right Now

  • Optics Stocks Rally as Oversold Bounce Takes Hold: Coherent Jumps 6%, Lumentum Climbs 5%, Applied Optoelectronics Advances 3%

  • Applied Optoelectronics (NASDAQ:AAOI) Insider Sells $3,545,676.12 in Stock

  • AAOI's Optical Networking Demand Rise: Can It Beat LITE and COHR?

  • Hsbc Holdings PLC Purchases 24,222 Shares of Applied Optoelectronics, Inc. $AAOI

  • Leveraged ETFs: From Megacaps to Micro Trends

  • AAOI Dips 46% in Three Months: Should You Buy the Stock Now or Wait?

  • Which Optics Stock Has Dominated in 2026: Applied Optoelectronics, Lumentum, or Coherent?

  • 3 AI-Related Stocks Worth a Closer Look After Pullbacks