Applied Optoelectronics, Inc. (AAOI)
NASDAQ: AAOI · Real-Time Price · USD
173.26
-17.10 (-8.98%)
At close: May 18, 2026, 4:00 PM EDT
175.30
+2.04 (1.18%)
After-hours: May 18, 2026, 7:23 PM EDT
Applied Optoelectronics Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
| 151.14 | 134.27 | 118.63 | 102.95 | 99.86 | 100.27 | 65.15 | 43.27 | 40.67 | 60.45 | 62.55 | 41.62 | 53.03 | 61.59 | 56.69 | 52.3 | 52.24 | 54.41 | 53.27 | 54.19 | |
Revenue Growth (YoY) | 51.36% | 33.91% | 82.08% | 137.93% | 145.52% | 65.87% | 4.16% | 3.98% | -23.30% | -1.84% | 10.33% | -20.43% | 1.51% | 13.19% | 6.43% | -3.49% | 5.11% | 3.98% | -30.47% | -16.92% |
Cost of Revenue | 107.23 | 92.33 | 85.37 | 71.79 | 69.32 | 71.54 | 49.23 | 33.71 | 33.08 | 38.85 | 42.37 | 33.72 | 43.79 | 55.36 | 46.94 | 43.67 | 43.22 | 46.31 | 45.14 | 43.41 |
Gross Profit | 43.92 | 41.94 | 33.26 | 31.16 | 30.54 | 28.73 | 15.92 | 9.56 | 7.59 | 21.6 | 20.17 | 7.9 | 9.24 | 6.23 | 9.75 | 8.63 | 9.03 | 8.1 | 8.12 | 10.78 |
Selling, General & Admin | 31.25 | 27.63 | 30.19 | 26.53 | 21.67 | 18.46 | 19.04 | 22.73 | 17.53 | 16.79 | 17.4 | 15.22 | 14.88 | 15.37 | 14.04 | 13.2 | 13.78 | 12.49 | 13.43 | 13.51 |
Research & Development | 25.66 | 25.82 | 21.27 | 20.61 | 17.81 | 16.74 | 13.43 | 13.08 | 11.71 | 9.34 | 9.46 | 8.64 | 8.54 | 9.22 | 9.21 | 8.33 | 9.49 | 9.23 | 10.15 | 10.91 |
Total Operating Expenses | 56.91 | 53.45 | 51.45 | 47.14 | 39.48 | 35.2 | 32.46 | 35.81 | 29.24 | 26.14 | 26.86 | 23.86 | 23.41 | 24.59 | 23.25 | 21.53 | 23.26 | 21.72 | 23.58 | 24.43 |
Operating Income | -12.99 | -11.5 | -18.19 | -15.98 | -8.94 | -6.47 | -16.55 | -26.24 | -21.65 | -4.53 | -6.69 | -15.97 | -14.17 | -18.36 | -13.5 | -12.9 | -14.24 | -13.63 | -15.45 | -13.65 |
Interest Income | 1.74 | 0.83 | 0.45 | 0.29 | 0.22 | 0.37 | 0.16 | 0.09 | 0.26 | 0.48 | 0.07 | 0.04 | 0.03 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 |
Interest Expense | -0.86 | -0.84 | -0.9 | -0.82 | -0.93 | -1.75 | -1.7 | -1.69 | -1.68 | -3.13 | -1.99 | -2.18 | -2.14 | -1.89 | -1.62 | -1.41 | -1.4 | -1.46 | -1.36 | -1.37 |
Other Non-Operating Income (Expense) | -1.12 | - | 0.7 | 7.41 | 0.48 | - | 0.34 | 1.73 | -0.11 | - | -0.34 | 1.17 | -0.02 | - | -0.54 | -0.18 | -0.45 | 0.53 | 1 | 6.8 |
Total Non-Operating Income (Expense) | -0.24 | -0.01 | 0.25 | 6.88 | -0.24 | -1.39 | -1.21 | 0.13 | -1.52 | -2.65 | -2.27 | -0.97 | -2.13 | -1.85 | -2.13 | -1.56 | -1.82 | -0.91 | -0.34 | 5.45 |
Pretax Income | -13.23 | -11.51 | -17.94 | -9.1 | -9.17 | -7.86 | -17.76 | -26.12 | -23.17 | -7.18 | -8.95 | -16.94 | -16.29 | -20.25 | -15.63 | -14.46 | -16.06 | -14.54 | -15.8 | -8.2 |
Provision for Income Taxes | - | -8.48 | - | - | - | 0 | - | - | - | 0 | - | 0.01 | - | 0 | - | - | - | - | - | - |
Net Income | -14.28 | -2.02 | -17.94 | -9.1 | -9.17 | -119.69 | -17.76 | -26.12 | -23.17 | -13.86 | -8.95 | -16.94 | -16.29 | -20.25 | -15.63 | -14.46 | -16.06 | -14.54 | -15.8 | -8.2 |
Net Income to Common | -14.28 | -2.02 | -17.94 | -9.1 | -9.17 | -119.69 | -17.76 | -26.12 | -23.17 | -13.86 | -8.95 | -16.94 | -16.29 | -20.25 | -15.63 | -14.46 | -16.06 | -14.54 | -15.8 | -8.2 |
Shares Outstanding (Basic) | 76 | 70 | 63 | 57 | 50 | 46 | 42 | 39 | 38 | 37 | 33 | 29 | 29 | 28 | 28 | 28 | 27 | 27 | 27 | 27 |
Shares Outstanding (Diluted) | 76 | 70 | 63 | 57 | 50 | 46 | 42 | 39 | 38 | 37 | 33 | 29 | 29 | 28 | 28 | 28 | 27 | 27 | 27 | 27 |
Shares Change (YoY) | 51.84% | 52.72% | 49.67% | 44.22% | 30.44% | 26.01% | 29.10% | 33.49% | 32.87% | 28.42% | 17.73% | 6.80% | 5.13% | 4.74% | 2.74% | 2.84% | 3.88% | 15.01% | 19.14% | 28.73% |
EPS (Basic) | -0.19 | -0.03 | -0.28 | -0.16 | -0.18 | -2.60 | -0.42 | -0.66 | -0.60 | -0.38 | -0.27 | -0.57 | -0.56 | -0.71 | -0.56 | -0.52 | -0.58 | -0.54 | -0.58 | -0.31 |
EPS (Diluted) | -0.19 | -0.03 | -0.28 | -0.16 | -0.18 | -2.60 | -0.42 | -0.66 | -0.60 | -0.38 | -0.27 | -0.57 | -0.56 | -0.71 | -0.56 | -0.52 | -0.58 | -0.54 | -0.58 | -0.31 |
Shares Outstanding | 78.97 | 75 | 68.07 | 61.89 | 53.21 | 49.39 | 44.85 | 40.65 | 38.73 | 38.15 | 34.27 | 31.79 | 29.07 | 28.62 | 28.06 | 27.66 | 27.53 | 27.32 | 27.18 | 26.92 |
Free Cash Flow | -143.58 | -104.61 | -78.71 | -90.95 | -79.3 | -53 | -20.73 | -4.97 | -34.24 | -4.61 | -16.8 | 14.37 | -9.97 | -4.24 | -9.97 | 1.61 | -4.63 | -2.69 | 1.53 | -1.04 |
Free Cash Flow Growth | - | - | - | - | - | - | - | - | - | - | - | 794.96% | - | - | - | - | - | - | - | - |
Free Cash Flow Per Share | -1.89 | -1.49 | -1.24 | -1.60 | -1.58 | -1.15 | -0.49 | -0.13 | -0.89 | -0.13 | -0.51 | 0.49 | -0.35 | -0.15 | -0.36 | 0.06 | -0.17 | -0.10 | 0.06 | -0.04 |
Gross Margin | 29.06% | 31.24% | 28.04% | 30.27% | 30.59% | 28.65% | 24.43% | 22.10% | 18.66% | 35.74% | 32.25% | 18.98% | 17.43% | 10.11% | 17.20% | 16.50% | 17.28% | 14.88% | 15.25% | 19.89% |
Operating Margin | -8.60% | -8.57% | -15.33% | -15.52% | -8.95% | -6.45% | -25.40% | -60.65% | -53.22% | -7.50% | -10.69% | -38.36% | -26.72% | -29.82% | -23.81% | -24.66% | -27.26% | -25.04% | -29.01% | -25.19% |
Profit Margin | -9.45% | -1.51% | -15.12% | -8.84% | -9.18% | -119.37% | -27.26% | -60.35% | -56.97% | -22.92% | -14.31% | -40.72% | -30.72% | -32.88% | -27.56% | -27.64% | -30.75% | -26.72% | -29.66% | -15.14% |
FCF Margin | -94.99% | -77.91% | -66.35% | -88.35% | -79.42% | -52.85% | -31.82% | -11.48% | -84.19% | -7.63% | -26.86% | 34.54% | -18.79% | -6.89% | -17.59% | 3.07% | -8.85% | -4.94% | 2.86% | -1.92% |
EBITDA | -3.76 | -3.3 | -10.82 | -9.58 | -3.21 | -1.12 | -11.32 | -21.18 | -16.65 | 0.4 | -1.71 | -10.77 | -8.84 | -12.86 | -7.79 | -7.01 | -8.13 | -7.44 | -9.14 | -7.22 |
EBITDA Margin | -2.49% | -2.45% | -9.12% | -9.30% | -3.22% | -1.11% | -17.37% | -48.94% | -40.94% | 0.66% | -2.73% | -25.88% | -16.67% | -20.88% | -13.75% | -13.41% | -15.56% | -13.68% | -17.15% | -13.33% |
EBIT | -12.99 | -11.5 | -18.19 | -15.98 | -8.94 | -6.47 | -16.55 | -26.24 | -21.65 | -4.53 | -6.69 | -15.97 | -14.17 | -18.36 | -13.5 | -12.9 | -14.24 | -13.63 | -15.45 | -13.65 |
EBIT Margin | -8.60% | -8.57% | -15.33% | -15.52% | -8.95% | -6.45% | -25.40% | -60.65% | -53.22% | -7.50% | -10.69% | -38.36% | -26.72% | -29.82% | -23.81% | -24.66% | -27.26% | -25.04% | -29.01% | -25.19% |
Effective Tax Rate | 0.00% | 73.61% | 0.00% | 0.00% | 0.00% | -0.03% | 0.00% | 0.00% | 0.00% | -0.01% | 0.00% | -0.05% | 0.00% | -0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.