Applied Optoelectronics, Inc. (AAOI)
NASDAQ: AAOI · Real-Time Price · USD
49.89
-2.96 (-5.60%)
At close: Nov 13, 2026, 4:00 PM EST
48.49
-1.40 (-2.81%)
After-hours: Nov 13, 2026, 7:59 PM EST
Applied Optoelectronics Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
| 269.88 | 191.92 | 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 | |
Revenue Growth (YoY) | 127.49% | 86.42% | 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% |
Cost of Revenue | 193.72 | 138.72 | 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 |
Gross Profit | 76.16 | 53.21 | 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 |
Selling, General & Admin | 39.49 | 43.06 | 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 |
Research & Development | 38.11 | 34.87 | 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 |
Operating Expenses | 77.6 | 77.93 | 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 |
Operating Income | -1.44 | -24.73 | -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 |
Interest Expense | -1.22 | -0.93 | -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 |
Interest & Investment Income | 3.09 | 3.25 | 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 |
Currency Exchange Gain (Loss) | 0.7 | 0.2 | -1.25 | -1.88 | -2.44 | 6.08 | 0.27 | -0.07 | 0.17 | 0.28 | -0.24 | 0.97 | -0.44 | 0.41 | -0.24 | -0.08 | -0.6 | -0.29 | -0.52 | 0.24 |
Other Non Operating Income (Expenses) | 8 | 0.95 | 0.15 | 2.93 | 3.16 | 1.33 | 0.21 | 0.34 | 0.16 | 1.45 | 0.13 | -7.6 | 0.09 | 0.76 | 0.22 | 0.03 | 0.06 | 0.11 | 0.03 | 5.17 |
EBT Excluding Unusual Items | 9.13 | -21.27 | -13.22 | -10.46 | -17.91 | -9.1 | -9.16 | -7.6 | -17.76 | -26.11 | -23.17 | -13.81 | -8.96 | -16.93 | -16.29 | -20.26 | -15.63 | -14.45 | -16.1 | -9.66 |
Gain (Loss) on Sale of Assets | -0.47 | -0.23 | -0.02 | -0.04 | -0.02 | -0 | -0.01 | -0.13 | - | -0 | -0 | -0.05 | 0.01 | -0 | -0 | 0.01 | -0 | -0 | 0.04 | 0 |
Other Unusual Items | - | - | - | - | - | - | - | -111.96 | - | - | - | - | - | - | - | - | - | - | - | -4.88 |
Pretax Income | 8.66 | -21.49 | -13.23 | -10.5 | -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 |
Income Tax Expense | 2.36 | 1.29 | 1.05 | -8.48 | - | - | - | 0 | - | - | - | 0 | - | 0.01 | - | 0 | - | - | - | 0 |
Net Income | 6.3 | -22.78 | -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 |
Net Income to Common | 6.3 | -22.78 | -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 |
Net Income Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 85 | 82 | 76 | 70 | 63 | 57 | 50 | 46 | 42 | 39 | 38 | 37 | 33 | 29 | 29 | 28 | 28 | 28 | 27 | 27 |
Shares Outstanding (Diluted) | 88 | 82 | 76 | 70 | 63 | 57 | 50 | 46 | 42 | 39 | 38 | 37 | 33 | 29 | 29 | 28 | 28 | 28 | 27 | 27 |
Shares Change (YoY) | 38.70% | 43.68% | 51.84% | 52.72% | 49.67% | 44.22% | 30.44% | 26.01% | 29.10% | 33.49% | 32.87% | 28.42% | 17.73% | 6.79% | 5.13% | 4.74% | 2.74% | 2.84% | 3.88% | 15.01% |
EPS (Basic) | 0.07 | -0.28 | -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 |
EPS (Diluted) | 0.07 | -0.28 | -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 |
EPS Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Additional Metrics
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | -478.51 | -563.66 | -143.58 | -114.41 | -78.82 | -112.13 | -79.3 | -53.76 | -23.57 | -5.96 | -36.43 | -7.9 | -18.49 | 14.27 | -10.13 | -4.28 | -10.24 | 1.42 | -4.66 | -2.77 |
Free Cash Flow Per Share | -5.45 | -6.91 | -1.89 | -1.63 | -1.25 | -1.98 | -1.58 | -1.17 | -0.56 | -0.15 | -0.95 | -0.22 | -0.56 | 0.48 | -0.35 | -0.15 | -0.37 | 0.05 | -0.17 | -0.10 |
Gross Margin | 28.22% | 27.72% | 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% | 17.27% | 14.88% |
Operating Margin | -0.53% | -12.88% | -8.60% | -8.57% | -15.33% | -15.52% | -8.95% | -6.46% | -25.40% | -60.65% | -53.22% | -7.50% | -10.69% | -38.36% | -26.71% | -29.82% | -23.80% | -24.66% | -27.26% | -25.04% |
Profit Margin | 2.33% | -11.87% | -9.45% | -1.51% | -15.12% | -8.84% | -9.19% | -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% |
Free Cash Flow Margin | -177.31% | -293.69% | -94.99% | -85.20% | -66.44% | -108.92% | -79.42% | -53.62% | -36.17% | -13.78% | -89.57% | -13.06% | -29.55% | 34.29% | -19.09% | -6.96% | -18.07% | 2.72% | -8.91% | -5.09% |
EBITDA | 13.28 | -14.23 | -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 |
EBITDA Margin | 4.92% | -7.41% | -2.49% | -2.46% | -9.12% | -9.30% | -3.22% | -1.11% | -17.37% | -48.94% | -40.94% | 0.66% | -2.73% | -25.89% | -16.67% | -20.88% | -13.75% | -13.41% | -15.56% | -13.68% |
D&A For EBITDA | 14.72 | 10.5 | 9.23 | 8.21 | 7.37 | 6.4 | 5.73 | 5.36 | 5.23 | 5.07 | 5 | 4.93 | 4.98 | 5.19 | 5.33 | 5.5 | 5.7 | 5.89 | 6.11 | 6.18 |
EBIT | -1.44 | -24.73 | -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 |
EBIT Margin | -0.53% | -12.88% | -8.60% | -8.57% | -15.33% | -15.52% | -8.95% | -6.46% | -25.40% | -60.65% | -53.22% | -7.50% | -10.69% | -38.36% | -26.71% | -29.82% | -23.80% | -24.66% | -27.26% | -25.04% |
Effective Tax Rate | 27.24% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |