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Applied Optoelectronics, Inc. (AAOI)
NASDAQ: AAOI · Real-Time Price · USD
105.53
+5.15 (5.13%)
At close: Sep 4, 2026, 4:00 PM EDT
105.65
+0.12 (0.11%)
After-hours: Sep 4, 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 EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
595.97455.72249.37217.65222.82211.57
Revenue Growth
61.85%82.75%14.57%-2.32%5.32%-9.83%
Gross Profit
172.33136.9161.858.9233.6337.72
Operating Income
-67.41-54.6-70.91-41.35-59-56.77
Net Income
-57.02-38.23-186.73-56.05-66.4-54.16
Earnings Per Share
-0.79-0.64-4.50-1.75-2.38-2.01
EPS Growth
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Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Data Center
307.88195.65148.53141.2177.0997.46
Cable Television (CATV)
272.02245.1287.7159.94118.1794.27
Telecom
14.8213.7310.9813.8324.7316.25
Other Product
1.251.212.152.662.833.59
Revenue (Total)
595.97455.72249.37217.65222.82211.57

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
499.74206.1467.4345.3724.6934.66
Total Debt
300.14248.08190.86121.07155.53149.9
Net Cash (Debt)
199.6-41.94-123.43-75.71-130.84-115.24
Net Cash Growth
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Net Cash Per Share
2.74-0.70-2.97-2.37-4.70-4.28

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-131.82-174.43-69.53-7.93-14.02-11.64
Capital Expenditures
-768.64-210.23-50.2-14.31-3.74-10.2
Free Cash Flow
-900.46-384.66-119.72-22.24-17.76-21.85
Free Cash Flow Growth
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Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
28.92%30.04%24.78%27.07%15.09%17.83%
Operating Margin
-11.31%-11.98%-28.43%-19.00%-26.48%-26.83%
Pretax Margin
-10.60%-10.25%-74.88%-25.75%-29.80%-25.60%
Profit Margin
-9.57%-8.39%-74.88%-25.75%-29.80%-25.60%
FCF Margin
-151.09%-84.41%-48.01%-10.22%-7.97%-10.33%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
45.86144.9581.0187.82174.26174.26
PS Ratio
15.035.227.303.200.240.66