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Applied Optoelectronics, Inc. (AAOI)
NASDAQ: AAOI · Real-Time Price · USD
100.15
-11.87 (-10.60%)
At close: Jul 24, 2026, 4:00 PM EDT
99.30
-0.85 (-0.85%)
After-hours: Jul 24, 2026, 7:59 PM EDT

Applied Optoelectronics Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
507455.72249.37217.65222.82211.57
Revenue Growth
64.32%82.75%14.57%-2.32%5.32%-9.83%
Gross Profit
150.29136.9161.858.9233.6337.72
Operating Income
-34.16-54.6-70.91-41.35-59-56.77
Net Income
-43.34-38.23-186.73-56.05-66.4-54.16
Earnings Per Share
-0.66-0.64-4.50-1.75-2.38-2.01
EPS Growth
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Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cable Television (CATV)
247.46245.1287.7159.94118.1794.27
Data Center
245.01195.65148.53141.2177.0997.46
Telecom
13.3513.7310.9813.8324.7316.25
Fiber-to-the-Home (FTTH) and Other
1.181.212.152.662.833.59
Revenue (Total)
507455.72249.37217.65222.82211.57

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
439.71206.1467.4345.3724.6934.66
Total Debt
244.66214.72171.6105.59143.19141.7
Net Cash (Debt)
195.05-8.58-104.17-60.23-118.5-107.05
Net Cash Growth
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Net Cash Per Share
2.93-0.14-2.51-1.89-4.26-3.98

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-208.87-174.43-69.53-0.66-14.02-11.64
Capital Expenditures
-208.98-179.15-43.41-7.93-3.21-7.98
Free Cash Flow
-417.85-353.58-112.93-8.59-17.23-19.63
Free Cash Flow Growth
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Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
29.64%30.04%24.78%27.07%15.09%17.83%
Operating Margin
-6.74%-11.98%-28.44%-19.00%-26.48%-26.83%
Pretax Margin
-5.33%-10.25%-74.88%-25.75%-29.80%-25.60%
Profit Margin
-8.55%-8.39%-74.88%-25.75%-29.80%-25.60%
FCF Margin
-82.42%-77.59%-45.29%-3.95%-7.73%-9.28%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
55.05144.9581.0187.82174.26174.26
PS Ratio
15.855.747.303.390.240.66