Applied Optoelectronics, Inc. (AAOI) vs Viavi Solutions Inc. (VIAV)
A side-by-side comparison of Applied Optoelectronics, Inc. and Viavi Solutions Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
AAOI
Applied Optoelectronics, Inc.
$106.91TechnologyDelayed quote: Sep 21, 2026, 2:25 PM EDT
VIAV
Viavi Solutions Inc.
$35.95TechnologyDelayed quote: Sep 21, 2026, 2:25 PM EDT
Total return — AAOI vs VIAV
growth of $100 · dividends reinvested · last 10yAAOI +449.8% (+18.6%/yr)VIAV +397.8% (+17.4%/yr)AAOI compounded faster over this window
AAOI VIAV
AAOI vs VIAV: by the numbers
- •VIAV is the larger company ($8.87B vs $8.58B market cap).
- •Both run net losses; VIAV's is the smaller (-2.00% vs -9.57% net margin).
- •AAOI grew revenue faster over the past five years (20.68% vs 5.37% CAGR).
Metrics side by side
Valuation
| Metric | AAOI | VIAV |
|---|---|---|
| Forward P/E | 144.47 | 21.86 |
| P/S ratio | 14.39 | 5.84 |
| P/B ratio | 5.14 | 6.12 |
| EV / EBITDA | N/A | 41.79 |
| FCF yield | N/A | 0.93% |
Profitability
| Metric | AAOI | VIAV |
|---|---|---|
| Gross margin | 28.92% | 57.66% |
| Operating margin | -11.31% | 6.92% |
| Net margin | -9.57% | -2.00% |
| ROE | -3.42% | -2.10% |
| ROIC | -3.49% | 2.53% |
Growth (annualized)
| Metric | AAOI | VIAV |
|---|---|---|
| Revenue CAGR (5Y) | 20.68% | 5.37% |
| FCF CAGR (5Y) | N/A | -13.13% |
| Total return CAGR (5Y) | 69.92% | 19.15% |
Frequently asked
- Which has grown faster, AAOI or VIAV?
- Over the past five years, AAOI grew revenue faster — AAOI at a 20.68% CAGR versus VIAV at 5.37%.
- How have AAOI and VIAV total returns compared?
- Over the past 10 years, AAOI delivered 18.29% and VIAV delivered 17.93% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Applied Optoelectronics ROEViavi Solutions ROEApplied Optoelectronics operating marginViavi Solutions operating marginApplied Optoelectronics revenue growthViavi Solutions revenue growthApplied Optoelectronics free cash flowViavi Solutions free cash flow
Applied Optoelectronics & Viavi Solutions appear in these rankings
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 13, 2026.