Applied Optoelectronics (AAOI) Financials: History & Chart

Applied Optoelectronics, Inc. (AAOI)AAOIApplied Optoelectronics, Inc.

About Applied Optoelectronics, Inc.

Applied Optoelectronics, Inc. (AAOI) is a global technology firm specializing in the creation, production, and distribution of fiber-optic networking solutions. Its extensive product catalog features optical modules, a range of laser components, subassemblies, transceivers, and complete turn-key systems. The company also supplies critical infrastructure hardware such as headend, node, and distribution equipment. AAOI caters to a varied clientele, including internet data center operators, manufacturers of cable television and telecommunications equipment, and internet service providers, utilizing both direct and partner-based sales channels. Founded in 1997, Applied Optoelectronics, Inc. is headquartered in Sugar Land, Texas.

Sugar Land, TX

4,691 employees

www.ao-inc.com

Technology / Communication Equipment

Sector: Technology
Industry: Communication Equipment
CEO: Chih-Hsiang Lin

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	595.97M	191.92M	151.14M	134.27M	118.63M	102.95M	99.86M	100.27M	65.15M
Cost of Goods Sold	423.64M	138.72M	107.23M	92.33M	85.37M	71.79M	69.31M	71.54M	49.23M
Gross Profit	172.33M	53.21M	43.92M	41.95M	33.26M	31.16M	30.54M	28.73M	15.92M
Gross Profit Margin	28.9%	27.7%	29.1%	31.2%	28.0%	30.3%	30.6%	28.7%	24.4%
Total Operating Expenses	239.74M	77.93M	56.91M	53.45M	51.45M	47.14M	39.48M	35.20M	32.46M
Research & Development	107.61M	34.87M	25.66M	25.82M	21.27M	20.61M	17.81M	16.74M	13.43M
Selling, General & Administrative	132.13M	43.06M	31.25M	27.63M	30.18M	26.53M	21.67M	18.46M	19.04M
Operating Income (EBIT)	-67.41M	-24.73M	-12.99M	-11.50M	-18.19M	-15.98M	-8.94M	-6.47M	-16.55M
Operating Margin	-11.3%	-12.9%	-8.6%	-8.6%	-15.3%	-15.5%	-8.9%	-6.5%	-25.4%
Income Before Tax (EBT)	-63.16M	-21.49M	-13.23M	-10.50M	-17.94M	-9.10M	-9.17M	-119.69M	-17.76M
Interest Income	5.82M	3.25M	1.74M	830K	N/A	286K	224K	365K	156K
Interest Expense	3.08M	927K	863K	843K	451K	818K	934K	1.75M	1.70M
Other Income/Expense	4.25M	3.23M	-241K	1.00M	251K	6.88M	-235K	-113.22M	-1.21M
Net Income	-57.02M	-22.78M	-14.28M	-2.02M	-17.94M	-9.10M	-9.17M	-119.69M	-17.76M
Income Tax Expense	-6.14M	1.29M	1.05M	-8.48M	0.00	0.00	0.00	2K	0.00
Net Profit Margin	-9.6%	-11.9%	-9.4%	-1.5%	-15.1%	-8.8%	-9.2%	-119.4%	-27.3%
EBITDA	-22.88M	-5.00M	-3.76M	-3.30M	-10.82M	-9.58M	-3.21M	-1.12M	-11.32M
EBITDA Margin	-3.8%	-2.6%	-2.5%	-2.5%	-9.1%	-9.3%	-3.2%	-1.1%	-17.4%
Depreciation & Amortization	44.53M	19.73M	9.23M	8.21M	7.37M	6.40M	5.72M	5.36M	5.23M
EPS Basic	-0.78	-0.28	-0.19	-0.03	-0.28	-0.16	-0.18	-2.60	-0.42
EPS Diluted	-0.78	-0.28	-0.19	-0.03	-0.28	-0.16	-0.18	-2.60	-0.42
Shares Outstanding	81.57M	81.57M	75.98M	70.34M	63.33M	56.77M	50.04M	46.06M	42.31M
Diluted Shares Outstanding	81.57M	81.57M	75.98M	70.34M	63.33M	56.77M	50.04M	46.06M	42.31M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	455.71M	249.37M	217.65M	222.82M	211.56M	234.62M	190.87M	267.46M
Cost of Goods Sold	318.80M	187.56M	158.72M	189.19M	173.85M	184.08M	144.67M	179.69M
Gross Profit	136.91M	61.80M	58.92M	33.63M	37.72M	50.54M	46.20M	87.77M
Gross Profit Margin	30.0%	24.8%	27.1%	15.1%	17.8%	21.5%	24.2%	32.8%
Total Operating Expenses	191.51M	132.71M	100.27M	92.63M	94.48M	99.38M	94.95M	98.54M
Research & Development	85.51M	54.95M	35.98M	36.24M	41.22M	43.39M	43.40M	49.90M
Selling, General & Administrative	106.01M	77.75M	64.30M	56.38M	53.26M	55.99M	51.55M	48.64M
Operating Income (EBIT)	-54.60M	-70.91M	-41.35M	-59.00M	-56.77M	-48.84M	-48.75M	-10.77M
Operating Margin	-12.0%	-28.4%	-19.0%	-26.5%	-26.8%	-20.8%	-25.5%	-4.0%
Income Before Tax (EBT)	-46.70M	-186.73M	-56.04M	-66.40M	-54.16M	-51.22M	-51.39M	-9.78M
Interest Income	1.79M	874K	609K	126K	70K	255K	925K	282K
Interest Expense	3.50M	6.83M	9.43M	6.32M	5.62M	5.63M	5.41M	1.11M
Other Income/Expense	7.90M	-115.82M	-14.69M	-7.40M	2.61M	-2.38M	-2.64M	990K
Net Income	-38.23M	-186.73M	-56.05M	-66.40M	-54.16M	-58.45M	-66.05M	-2.15M
Income Tax Expense	-8.48M	2K	9K	1K	2K	7.23M	14.66M	-7.63M
Net Profit Margin	-8.4%	-74.9%	-25.8%	-29.8%	-25.6%	-24.9%	-34.6%	-0.8%
EBITDA	-26.91M	-50.26M	-20.92M	-35.80M	-31.39M	-24.11M	-24.73M	18.93M
EBITDA Margin	-5.9%	-20.2%	-9.6%	-16.1%	-14.8%	-10.3%	-13.0%	7.1%
Depreciation & Amortization	27.70M	20.65M	20.43M	23.20M	25.37M	24.73M	24.01M	29.70M
EPS Basic	-0.64	-4.50	-1.75	-2.38	-2.01	-2.67	-3.31	-0.11
EPS Diluted	-0.64	-4.50	-1.75	-2.38	-2.01	-2.67	-3.31	-0.11
Shares Outstanding	60.18M	41.54M	31.94M	27.85M	26.91M	21.87M	19.98M	19.65M
Diluted Shares Outstanding	60.18M	41.54M	31.94M	27.85M	26.91M	21.87M	19.98M	19.65M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.