Applied Optoelectronics, Inc. (AAOI)
NASDAQ: AAOI · Real-Time Price · USD
95.29
-0.47 (-0.49%)
At close: Sep 15, 2026, 4:00 PM EDT
95.52
+0.23 (0.24%)
After-hours: Sep 15, 2026, 7:59 PM EDT
Applied Optoelectronics Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash & Equivalents | 499.74 | 439.71 | 206.14 | 136.96 | 64.7 | 51.14 | 67.43 | 34.12 | 10.65 | 8.43 | 45.37 | 21.94 | 21.58 | 16.1 | 24.69 | 26.27 | 33.67 | 31.98 | 34.66 | 43.53 |
Cash & Short-Term Investments | 499.74 | 439.71 | 206.14 | 136.96 | 64.7 | 51.14 | 67.43 | 34.12 | 10.65 | 8.43 | 45.37 | 21.94 | 21.58 | 16.1 | 24.69 | 26.27 | 33.67 | 31.98 | 34.66 | 43.53 |
Cash Growth (YoY) | 672.40% | 759.74% | 205.72% | 301.36% | 507.33% | 506.48% | 48.63% | 55.53% | -50.63% | -47.63% | 83.78% | -16.48% | -35.91% | -49.65% | -28.77% | -39.66% | -23.51% | -29.69% | -20.19% | -6.92% |
Accounts Receivable | 314.01 | 299 | 244.4 | 224.03 | 211.45 | 171.1 | 116.8 | 75.15 | 57.66 | 57.48 | 48.07 | 60.75 | 42.6 | 56.8 | 61.18 | 52.82 | 49.14 | 54.22 | 47.94 | 43.94 |
Receivables | 314.01 | 299 | 244.4 | 224.03 | 211.45 | 171.1 | 116.8 | 75.2 | 58.1 | 57.83 | 48.29 | 60.75 | 43.38 | 57.88 | 61.51 | 52.83 | 49.35 | 55.41 | 56.09 | 52.45 |
Inventory | 278.79 | 206.25 | 183.11 | 170.21 | 138.87 | 102.31 | 88.14 | 64.38 | 54.32 | 54.32 | 63.87 | 67.53 | 66.32 | 70.19 | 79.68 | 94.26 | 98.18 | 92.01 | 92.52 | 94.51 |
Prepaid Expenses | 88.32 | 37.96 | 32.18 | 30.35 | 20.82 | 18.62 | 17.2 | 7.41 | 4.43 | 4.08 | 5.35 | 4.87 | 6.23 | 6.52 | 6.38 | 6.13 | 6.24 | 5.71 | 4.33 | 4.72 |
Restricted Cash | 9.02 | 9.67 | 9.9 | 13.76 | 22.5 | 15.67 | 11.71 | 7.24 | 5.47 | 8.97 | 9.73 | 9.3 | 7.03 | 10.85 | 10.9 | 8.31 | 6.98 | 8.13 | 6.48 | 5.36 |
Other Current Assets | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | 0 | 0 |
Total Current Assets | 1,190 | 992.58 | 675.73 | 575.31 | 458.34 | 358.84 | 301.27 | 188.36 | 132.97 | 133.64 | 172.61 | 164.4 | 144.55 | 161.53 | 183.16 | 187.8 | 194.42 | 193.24 | 194.08 | 200.57 |
Property, Plant & Equipment | 772.25 | 490.95 | 425.75 | 352.35 | 291.49 | 250.67 | 228.88 | 209.41 | 202.03 | 204.49 | 205.34 | 198.82 | 203.19 | 212.57 | 215.78 | 217.22 | 230.56 | 243.45 | 250.17 | 249.79 |
Other Intangible Assets | 8.55 | 8.49 | 8.45 | 8.44 | 8.44 | 8.45 | 8.52 | 8.66 | 8.56 | 8.6 | 8.66 | 8.62 | 8.62 | 8.93 | 8.94 | 8.91 | 9.26 | 9.64 | 9.69 | 9.67 |
Long-Term Deferred Tax Assets | 6.47 | 6.68 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Long-Term Assets | 324.05 | 67.18 | 58.5 | 42.42 | 38.58 | 26.71 | 8.37 | 3.55 | 4.49 | 4.19 | 2.58 | 1.95 | 0.53 | 0.52 | 0.39 | 0.42 | 0.52 | 0.43 | 0.52 | 2.49 |
Total Assets | 2,301 | 1,566 | 1,168 | 978.53 | 796.85 | 644.67 | 547.03 | 409.97 | 348.04 | 350.92 | 389.19 | 373.79 | 356.88 | 383.55 | 408.26 | 414.34 | 434.76 | 446.75 | 454.46 | 462.52 |
Liabilities
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Accounts Payable | 286.09 | 148.16 | 143.93 | 150.15 | 132.96 | 124.87 | 104.97 | 55.99 | 33.52 | 23.64 | 32.89 | 34.85 | 35.11 | 38.42 | 47.85 | 52.31 | 52.5 | 40.04 | 34.4 | 28.33 |
Accrued Expenses | 43.5 | 28.15 | 40.76 | 31.98 | 25.62 | 19.07 | 20.8 | 17.27 | 15.58 | 12.24 | 17.36 | 14.54 | 13.38 | 12.59 | 16.28 | 10.43 | 10.65 | 11.67 | 13.23 | 14.06 |
Short-Term Debt | 33.94 | 35.77 | 33.36 | 34.05 | 32.11 | 23.99 | 19.26 | 9.93 | 5.05 | 10.71 | 15.48 | 14.38 | 8.64 | 19.2 | 12.34 | 13.76 | 10.27 | 9.96 | 8.2 | 6.48 |
Current Portion of Long-Term Debt | 57.26 | 41.23 | 33.98 | 27.98 | 22.18 | 20.31 | 22.37 | 29.48 | 22.51 | 24.13 | 23.48 | 111.45 | 117.19 | 130.63 | 57.07 | 51.36 | 53.57 | 52.23 | 49.69 | 41.25 |
Current Portion of Leases | 4.22 | 2.93 | 3.52 | 2.84 | 1.91 | 1.35 | 1.38 | 1.12 | 1.09 | 1.1 | 1.15 | 1.11 | 1.11 | 1.09 | 1.1 | 1.02 | 1.04 | 1.07 | 1.08 | 1.06 |
Current Income Taxes Payable | 0.97 | 2.25 | 0.97 | 1.45 | 1.45 | 0.92 | 0.82 | 1.39 | 1.16 | 0.69 | 0.75 | 1.47 | 1.01 | 0.57 | 0.59 | 1.36 | 0.98 | 0.97 | 1.9 | 1.39 |
Current Unearned Revenue | - | - | - | - | - | - | - | 1.44 | 1.57 | 1.69 | 1.8 | 10.07 | 10.72 | 2.76 | 3 | - | - | - | - | - |
Other Current Liabilities | 2.47 | 0.95 | 0.77 | 0.71 | 0.62 | 0.5 | 0.47 | 0.47 | 0.48 | 0.42 | 0.44 | 0.38 | 0.31 | 0.35 | 0.36 | 0.65 | 0.81 | 0.59 | 0.46 | 0.75 |
Total Current Liabilities | 428.45 | 259.43 | 257.28 | 249.14 | 216.84 | 191.01 | 170.07 | 117.1 | 80.94 | 74.61 | 93.36 | 188.25 | 187.47 | 205.61 | 138.58 | 130.89 | 129.82 | 116.53 | 108.96 | 93.34 |
Long-Term Debt | 130.8 | 129.52 | 129.83 | 130.12 | 133.94 | 136.04 | 138.81 | 77.05 | 76.69 | 76.33 | 76.23 | - | - | - | 79.51 | 79.3 | 79.09 | 83.88 | 83.68 | 97.74 |
Long-Term Leases | 73.92 | 70.98 | 47.39 | 40.18 | 21.09 | 8.61 | 9.04 | 3.73 | 3.92 | 4.25 | 4.73 | 4.77 | 5.15 | 5.31 | 5.51 | 5.62 | 6.26 | 6.76 | 7.25 | 7.48 |
Long-Term Unearned Revenue | - | - | - | - | - | - | - | - | - | - | - | 2.42 | 1 | - | - | - | - | - | - | - |
Total Liabilities | 633.17 | 459.93 | 434.51 | 419.44 | 371.87 | 335.66 | 317.92 | 197.89 | 161.55 | 155.19 | 174.32 | 195.44 | 193.62 | 210.91 | 223.59 | 215.81 | 215.16 | 207.18 | 199.89 | 198.56 |
Shareholders' Equity
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Common Stock | 0.08 | 0.08 | 0.08 | 0.07 | 0.06 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
Additional Paid-In Capital | 2,193 | 1,610 | 1,225 | 1,046 | 893.93 | 772.74 | 683.46 | 543.49 | 502.39 | 484.66 | 478.97 | 431.77 | 407 | 394.15 | 391.53 | 388.32 | 385.53 | 383.47 | 381.14 | 378.21 |
Retained Earnings | -527.14 | -504.36 | -490.08 | -488.06 | -470.12 | -461.02 | -451.85 | -332.16 | -314.4 | -288.29 | -265.12 | -251.26 | -242.31 | -225.36 | -209.07 | -188.82 | -173.19 | -158.73 | -142.67 | -128.13 |
Comprehensive Income & Other | 2.4 | -0.21 | -0.62 | 1.09 | 1.11 | -2.76 | -2.55 | 0.71 | -1.53 | -0.69 | 0.98 | -2.19 | -1.47 | 3.82 | 2.18 | -0.99 | 7.23 | 14.81 | 16.07 | 13.87 |
Shareholders' Equity | 1,668 | 1,106 | 733.92 | 559.09 | 424.98 | 309.01 | 229.11 | 212.09 | 186.49 | 195.73 | 214.87 | 178.35 | 163.26 | 172.64 | 184.67 | 198.54 | 219.59 | 239.58 | 254.57 | 263.97 |
Total Liabilities & Equity | 2,301 | 1,566 | 1,168 | 978.53 | 796.85 | 644.67 | 547.03 | 409.97 | 348.04 | 350.92 | 389.19 | 373.79 | 356.88 | 383.55 | 408.26 | 414.34 | 434.76 | 446.75 | 454.46 | 462.52 |
Additional Metrics
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Total Debt | 300.14 | 280.42 | 248.08 | 235.16 | 211.22 | 190.3 | 190.86 | 121.32 | 109.25 | 116.52 | 121.07 | 131.71 | 132.09 | 156.23 | 155.53 | 151.05 | 150.23 | 153.9 | 149.9 | 154.02 |
Net Cash (Debt) | 199.6 | 159.28 | -41.94 | -98.2 | -146.52 | -139.16 | -123.43 | -87.19 | -98.6 | -108.08 | -75.71 | -109.77 | -110.51 | -140.12 | -130.84 | -124.78 | -116.56 | -121.92 | -115.24 | -110.49 |
Net Cash Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Per Share | 2.45 | 2.10 | -0.60 | -1.55 | -2.58 | -2.78 | -2.68 | -2.06 | -2.50 | -2.82 | -2.07 | -3.35 | -3.75 | -4.85 | -4.60 | -4.48 | -4.22 | -4.44 | -4.24 | -4.08 |
Filing Date Shares Outstanding | 84.57 | 80.24 | 75.2 | 68.28 | 62.35 | 55.54 | 49.65 | 45.08 | 40.9 | 38.91 | 38.4 | 35.54 | 32.13 | 29.2 | 28.97 | 28.52 | 27.88 | 27.63 | 27.51 | 27.3 |
Total Common Shares Outstanding | 84.39 | 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 |
Working Capital | 761.43 | 733.15 | 418.44 | 326.17 | 241.5 | 167.84 | 131.2 | 71.26 | 52.03 | 59.03 | 79.25 | -23.85 | -42.92 | -44.08 | 44.58 | 56.91 | 64.6 | 76.71 | 85.12 | 107.24 |
Book Value Per Share | 19.77 | 14.00 | 9.79 | 8.21 | 6.87 | 5.81 | 4.64 | 4.73 | 4.59 | 5.05 | 5.63 | 5.20 | 5.14 | 5.94 | 6.45 | 7.08 | 7.94 | 8.70 | 9.32 | 9.71 |
Tangible Book Value | 1,659 | 1,097 | 725.47 | 550.64 | 416.54 | 300.57 | 220.6 | 203.43 | 177.94 | 187.13 | 206.21 | 169.74 | 154.64 | 163.7 | 175.73 | 189.63 | 210.33 | 229.94 | 244.88 | 254.3 |
Tangible Book Value Per Share | 19.67 | 13.90 | 9.67 | 8.09 | 6.73 | 5.65 | 4.47 | 4.54 | 4.38 | 4.83 | 5.41 | 4.95 | 4.87 | 5.63 | 6.14 | 6.76 | 7.60 | 8.35 | 8.96 | 9.36 |
Land | 9.68 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 |
Buildings | 212.79 | 140.69 | 138.16 | 134.35 | 128.77 | 120.09 | 118.65 | 120.62 | 114.64 | 85.8 | 86.53 | 85.01 | 85.34 | 86.89 | 86.37 | 85.08 | 87.12 | 89.25 | 89.7 | 89.06 |
Machinery | 556.67 | 465.93 | 429.09 | 387.04 | 351.53 | 316.7 | 294.78 | 283.17 | 277.8 | 276.05 | 276.02 | 263.21 | 264.84 | 270.83 | 268.99 | 264 | 274.75 | 283.45 | 285.5 | 279.98 |
Construction In Progress | 168.81 | 51.49 | 39.81 | 14.93 | 11.08 | 11.84 | 8.4 | 4.29 | 2.1 | 31.71 | 29.94 | 29.53 | 29.27 | 30.55 | 30.43 | 30.5 | 32.31 | 33.68 | 33.71 | 32.81 |