Applied Optoelectronics, Inc. (AAOI) vs Bentley Systems, Incorporated (BSY)
A side-by-side comparison of Applied Optoelectronics, Inc. and Bentley Systems, Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 5, 2026. Differences are shown without an overall score or investment verdict.
AAOI
Applied Optoelectronics, Inc.
$115.59TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT
BSY
Bentley Systems, Incorporated
$32.23TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — AAOI vs BSY
growth of $100 · dividends reinvested · last 6yAAOI +1005.1% (+49.2%/yr)BSY -1.1% (-0.2%/yr)AAOI compounded faster over this window
Log scale — wide-divergence pair
AAOI BSY
AAOI vs BSY: by the numbers
- •BSY is the larger company ($9.42B vs $9.28B market cap).
- •BSY is profitable (18.10% net margin) while AAOI runs a net loss (-9.57%).
- •AAOI grew revenue faster over the past five years (20.68% vs 13.03% CAGR).
- •BSY pays a dividend (0.87% yield), while AAOI has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | AAOI | BSY |
|---|---|---|
| P/E ratio | N/A | 35.81 |
| Forward P/E | 156.20 | 23.00 |
| PEG ratio | N/A | 2.37 |
| P/S ratio | 15.56 | 5.88 |
| P/B ratio | 5.56 | 7.84 |
| EV / EBITDA | N/A | 22.56 |
| FCF yield | N/A | 5.29% |
Profitability
| Metric | AAOI | BSY |
|---|---|---|
| Gross margin | 28.92% | 81.84% |
| Operating margin | -11.31% | 23.59% |
| Net margin | -9.57% | 18.10% |
| ROE | -3.42% | 24.12% |
| ROIC | -3.49% | 11.28% |
Dividends
| Metric | AAOI | BSY |
|---|---|---|
| Dividend yield | N/A | 0.87% |
| Payout ratio | N/A | 31.11% |
Growth (annualized)
| Metric | AAOI | BSY |
|---|---|---|
| Revenue CAGR (5Y) | 20.68% | 13.03% |
| EPS CAGR (5Y) | N/A | 14.87% |
| FCF CAGR (5Y) | N/A | 13.91% |
| Total return CAGR (5Y) | 74.24% | -11.65% |
Frequently asked
- Which has grown faster, AAOI or BSY?
- Over the past five years, AAOI grew revenue faster — AAOI at a 20.68% CAGR versus BSY at 13.03%.
- Does AAOI or BSY pay a bigger dividend?
- BSY pays a dividend (0.87% yield), while AAOI has no payments in the available dividend history.
- Is AAOI or BSY more profitable?
- BSY runs the higher net margin — AAOI at -9.57% versus BSY at 18.10%.
- How have AAOI and BSY total returns compared?
- Over the past 5 years, AAOI delivered 74.24% and BSY delivered -11.65% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Bentley Systems P/E ratioBentley Systems dividend yieldApplied Optoelectronics ROEBentley Systems ROEApplied Optoelectronics operating marginBentley Systems operating marginApplied Optoelectronics revenue growthBentley Systems revenue growthApplied Optoelectronics free cash flowBentley Systems free cash flow
Applied Optoelectronics & Bentley Systems appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 5, 2026.