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.

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Total return — AAOI vs BSY

growth of $100 · dividends reinvested · last 6y
AAOI +1005.1% (+49.2%/yr)BSY -1.1% (-0.2%/yr)AAOI compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $100202120222023202420252026$1,105$99
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

MetricAAOIBSY
P/E ratioN/A35.81
Forward P/E156.2023.00
PEG ratioN/A2.37
P/S ratio15.565.88
P/B ratio5.567.84
EV / EBITDAN/A22.56
FCF yieldN/A5.29%

Profitability

MetricAAOIBSY
Gross margin28.92%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

MetricAAOIBSY
Dividend yieldN/A0.87%
Payout ratioN/A31.11%

Growth (annualized)

MetricAAOIBSY
Revenue CAGR (5Y)20.68%13.03%
EPS CAGR (5Y)N/A14.87%
FCF CAGR (5Y)N/A13.91%
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.

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.