Which has grown faster, AAOI or TYL?

Over the past five years, TYL grew revenue faster — AAOI at a 15.77% CAGR versus TYL at 15.97%.

Is AAOI or TYL more profitable?

TYL runs the higher net margin — AAOI at -8.55% versus TYL at 13.26%.

Which has been the better investment, AAOI or TYL?

Over the past 10-year, AAOI delivered the higher annualized total return — AAOI at 30.13% versus TYL at 6.42%. Past performance doesn't predict future results.

Applied Optoelectronics, Inc. (AAOI) vs Tyler Technologies, Inc. (TYL)

TYL leads on 8 of 9 compared metrics.

A side-by-side comparison of Applied Optoelectronics, Inc. and Tyler Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AAOI

Applied Optoelectronics, Inc.

$11.02B

$146.97Technology

TYL

Tyler Technologies, Inc.

$12.06B

$286.03Technology

Total return — AAOI vs TYL

growth of $100 · last 13y

AAOI +1375.6%TYL +227.8%AAOI compounded faster

AAOI TYL

AAOI vs TYL: by the numbers

•TYL is the larger company ($12.06B vs $11.02B market cap).
•TYL is profitable (13.26% net margin) while AAOI runs a net loss (-8.55%).
•TYL grew revenue faster over the past five years (15.97% vs 15.77% CAGR).

Metrics side by side

Valuation

Metric	AAOI	TYL
P/E ratio	—	39.51
Forward P/E	142.25	19.31●
P/S ratio	22.03	5.19●
P/B ratio	10.10	3.47●
PEG ratio	—	3.33
EV / EBITDA	—	23.09
FCF yield	—	5.57%

Profitability

Metric	AAOI	TYL
Gross margin	29.64%	45.57%●
Operating margin	-11.57%	15.47%●
Net margin	-8.55%	13.26%●
ROE	-3.92%	8.87%●
ROIC	-4.71%	6.44%●

Growth (annualized)

Metric	AAOI	TYL
Revenue CAGR (5Y)	15.77%	15.97%
EPS CAGR (5Y)	—	8.49%
FCF CAGR (5Y)	—	14.98%
Total return CAGR (5Y)	73.05%●	-8.50%

Frequently asked

Which has grown faster, AAOI or TYL?: Over the past five years, TYL grew revenue faster — AAOI at a 15.77% CAGR versus TYL at 15.97%.
Is AAOI or TYL more profitable?: TYL runs the higher net margin — AAOI at -8.55% versus TYL at 13.26%.
Which has been the better investment, AAOI or TYL?: Over the past 10-year, AAOI delivered the higher annualized total return — AAOI at 30.13% versus TYL at 6.42%. Past performance doesn't predict future results.

Go deeper

Full AAOI analysis Full TYL analysis Interactive comparison tool

Dig into the metrics

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

Applied Optoelectronics & Tyler Technologies 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 June 25, 2026.