Which has grown faster, AAOI or DOCU?

Over the past five years, AAOI grew revenue faster — AAOI at a 15.77% CAGR versus DOCU at 15.12%.

Is AAOI or DOCU more profitable?

DOCU runs the higher net margin — AAOI at -8.55% versus DOCU at 9.59%.

Which has been the better investment, AAOI or DOCU?

Over the past 5-year, AAOI delivered the higher annualized total return — AAOI at 26.24% versus DOCU at -30.31%. Past performance doesn't predict future results.

Applied Optoelectronics, Inc. (AAOI) vs DocuSign, Inc. (DOCU)

DOCU leads on 8 of 10 compared metrics.

A side-by-side comparison of Applied Optoelectronics, Inc. and DocuSign, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 2, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AAOI

Applied Optoelectronics, Inc.

Total return — AAOI vs DOCU

growth of $100 · last 8y

AAOI +241.8%DOCU +15.4%AAOI compounded faster

AAOI DOCU

AAOI vs DOCU: by the numbers

•AAOI is the larger company ($9.71B vs $8.74B market cap).
•DOCU is profitable (9.59% net margin) while AAOI runs a net loss (-8.55%).
•AAOI grew revenue faster over the past five years (15.77% vs 15.12% CAGR).

Which is better, AAOI or DOCU?

Metric tally: AAOI 2 · DOCU 8

It depends on what you're optimizing for:

GrowthAAOI(faster 5Y revenue CAGR)

QualityDOCU(higher ROIC)

Metrics side by side

Valuation

Metric	AAOI	DOCU
P/E ratio	—	29.88
Forward P/E	134.53	12.16●
P/S ratio	20.83	2.75●
P/B ratio	9.55	4.97●
EV / EBITDA	—	14.35
FCF yield	—	12.39%

Profitability

Metric	AAOI	DOCU
Gross margin	29.64%	79.40%●
Operating margin	-11.57%	10.64%●
Net margin	-8.55%	9.59%●
ROE	-3.92%	17.32%●
ROIC	-4.71%	12.04%●

Growth (annualized)

Metric	AAOI	DOCU
Revenue CAGR (5Y)	15.77%●	15.12%
FCF CAGR (5Y)	—	29.74%
Total return CAGR (5Y)	68.93%●	-30.31%

Frequently asked

Which is better, AAOI or DOCU?: It depends on your goal. growth: AAOI (faster 5Y revenue CAGR); quality: DOCU (higher ROIC). Across all compared metrics, DOCU leads 8 to 2.
Which has grown faster, AAOI or DOCU?: Over the past five years, AAOI grew revenue faster — AAOI at a 15.77% CAGR versus DOCU at 15.12%.
Is AAOI or DOCU more profitable?: DOCU runs the higher net margin — AAOI at -8.55% versus DOCU at 9.59%.
Which has been the better investment, AAOI or DOCU?: Over the past 5-year, AAOI delivered the higher annualized total return — AAOI at 26.24% versus DOCU at -30.31%. Past performance doesn't predict future results.

Go deeper

Full AAOI analysis Full DOCU analysis Interactive comparison tool

Dig into the metrics

Applied Optoelectronics P/E ratio DocuSign P/E ratio Applied Optoelectronics dividend yield DocuSign dividend yield Applied Optoelectronics ROE DocuSign ROE Applied Optoelectronics operating margin DocuSign operating margin Applied Optoelectronics revenue growth DocuSign revenue growth Applied Optoelectronics free cash flow DocuSign free cash flow

Applied Optoelectronics & DocuSign appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks

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 July 2, 2026.