Applied Optoelectronics, Inc. (AAOI) vs Elastic N.V. (ESTC)

A side-by-side comparison of Applied Optoelectronics, Inc. and Elastic N.V. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 8, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAAOI vs ESTC

growth of $100 · dividends reinvested · last 8y
AAOI +323.6% (+19.8%/yr)ESTC +31.2% (+3.4%/yr)AAOI compounded faster over this window
0200400600800Start $1002020202220242026$424$131
AAOI ESTC

AAOI vs ESTC: by the numbers

  • ESTC is the larger company ($9.38B vs $9.25B market cap).
  • ESTC is profitable (20.84% net margin) while AAOI runs a net loss (-9.57%).
  • ESTC grew revenue faster over the past five years (21.79% vs 20.68% CAGR).

Metrics side by side

Valuation

MetricAAOIESTC
P/E ratioN/A25.70
Forward P/E142.6136.29
P/S ratio14.445.33
P/B ratio5.167.41
FCF yieldN/A3.63%

Profitability

MetricAAOIESTC
Gross margin28.92%75.50%
Operating margin-11.31%-1.49%
Net margin-9.57%20.84%
ROE-3.42%28.97%
ROIC-3.49%-1.37%

Growth (annualized)

MetricAAOIESTC
Revenue CAGR (5Y)20.68%21.79%
FCF CAGR (5Y)N/A107.34%
Total return CAGR (5Y)68.68%-11.74%

Frequently asked

Which has grown faster, AAOI or ESTC?
Over the past five years, ESTC grew revenue faster — AAOI at a 20.68% CAGR versus ESTC at 21.79%.
Is AAOI or ESTC more profitable?
ESTC runs the higher net margin — AAOI at -9.57% versus ESTC at 20.84%.
How have AAOI and ESTC total returns compared?
Over the past 5 years, AAOI delivered 68.68% and ESTC delivered -11.74% 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 September 8, 2026.