Which has grown faster, AAOI or NVMI?

Over the past five years, NVMI grew revenue faster — AAOI at a 20.68% CAGR versus NVMI at 25.28%.

Is AAOI or NVMI more profitable?

NVMI runs the higher net margin — AAOI at -9.57% versus NVMI at 29.21%.

How have AAOI and NVMI total returns compared?

Over the past 10 years, AAOI delivered 23.71% and NVMI delivered 42.34% annualized total return. Past performance doesn't predict future results.

Applied Optoelectronics, Inc. (AAOI) vs Nova Ltd. (NVMI)

A side-by-side comparison of Applied Optoelectronics, Inc. and Nova Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 7, 2026. Differences are shown without an overall score or investment verdict.

AAOI

Applied Optoelectronics, Inc.

$11.11B

$138.40TechnologyDelayed quote: Aug 7, 2026, 1:25 PM EDT

NVMI

Nova Ltd.

$12.36B

$388.81TechnologyDelayed quote: Aug 7, 2026, 1:20 PM EDT

Total return — AAOI vs NVMI

growth of $100 · dividends reinvested · last 13y

AAOI +1147.2%NVMI +4308.3%NVMI compounded faster

AAOI NVMI

AAOI vs NVMI: by the numbers

•NVMI is the larger company ($12.36B vs $11.11B market cap).
•NVMI is profitable (29.21% net margin) while AAOI runs a net loss (-9.57%).
•NVMI grew revenue faster over the past five years (25.28% vs 20.68% CAGR).

Metrics side by side

Valuation

Metric	AAOI	NVMI
P/E ratio	N/A	47.72
Forward P/E	120.22	36.39
P/S ratio	17.00	14.55
P/B ratio	6.07	9.46
PEG ratio	N/A	1.05
EV / EBITDA	N/A	47.51
FCF yield	N/A	1.48%

Profitability

Metric	AAOI	NVMI
Gross margin	28.92%	57.46%
Operating margin	-11.31%	28.93%
Net margin	-9.57%	29.21%
ROE	-3.42%	19.00%
ROIC	-4.71%	10.10%

Growth (annualized)

Metric	AAOI	NVMI
Revenue CAGR (5Y)	20.68%	25.28%
EPS CAGR (5Y)	N/A	38.17%
FCF CAGR (5Y)	N/A	21.07%
Total return CAGR (5Y)	77.02%	30.40%

Frequently asked

Which has grown faster, AAOI or NVMI?: Over the past five years, NVMI grew revenue faster — AAOI at a 20.68% CAGR versus NVMI at 25.28%.
Is AAOI or NVMI more profitable?: NVMI runs the higher net margin — AAOI at -9.57% versus NVMI at 29.21%.
How have AAOI and NVMI total returns compared?: Over the past 10 years, AAOI delivered 23.71% and NVMI delivered 42.34% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AAOI analysis Full NVMI analysis Interactive comparison tool

Dig into the metrics

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

Applied Optoelectronics & Nova appear in these rankings

Fastest Revenue Growth Stocks Highest 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 August 7, 2026.