Applied Optoelectronics is executing a high-stakes capacity expansion to capitalize on the AI-driven 800G optical transceiver cycle, with revenue surging 86.4% YoY to $191.9M in 2026Q2.
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Revenue growth accelerated to 86.4% YoY in 2026Q2, but gross margin contracted to 27.7% and operating margin remained deeply negative at -12.9%, indicating that the 800G ramp has not yet delivered operating leverage.
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Applied Optoelectronics provides detailed business information for stockholders and financial analysts through its Investor Relations website.
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Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
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Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $0.17+19.5% vs $0.14 | $270M+0.7% vs $268M |
Q3 2026 Aug 6, 2026 | $0.06+296.6% vs $0.02 | $192M+0.8% vs $190M |
Q2 2026 May 7, 2026 | -$0.07-42.9% vs -$0.05 | $151M-3.7% vs $157M |
Q1 2026 Feb 26, 2026 | -$0.01+91.7% vs -$0.12 | $134M+1.5% vs $132M |
AI optical stocks are rallying, and one laser maker is far ahead of the group as traders take a second look at a quarterly report they'd sold off hard. Coherent (NYSE:COHR | COHR Price Prediction) stock trades at $192.
Applied Optoelectronics' Q3 earnings beat estimates as datacenter and CATV sales surge, driven by 800G demand and record broadband equipment shipments.
AAOI Stock: Can This Volatile AI Play Keep Up With Booming Demand?
AAOI sees accelerating 1.6T transceiver demand and a $1B-$1.5B hyperscaler deal, but component shortages and capacity delays pose challenges to its growth plans.
Benchmark AAOI against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Applied Optoelectronics, Inc. (AAOI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $50.13 | $4.02B | -78.33 | 82.75% | -8.39% | -7.94% | — | |
| $538.59 | $41.9B | 1455.65 | 21.03% | -230.1% | -300.07% | — | |
| $12.51 | $50.75M | -14.06 | 8.26% | 0.04% | 0.27% | — | |
| $192.81 | $37.72B | 162.03 | -64.79% | 11.31% | 8.09% | 0.03% | |
| $28.47 | $7.02B | 189.80 | 8.39% | -2% | -3.16% | — | |
| $243.39 | $34.45B | 286.34 | 18.79% | 10.87% | 22.82% | — |
Applied Optoelectronics, Inc. (AAOI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Applied Optoelectronics, Inc. (AAOI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 6, 2026·SEC
Jul 1, 2026·SEC
Jun 16, 2026·SEC
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Applied Optoelectronics, Inc. (AAOI) stock FAQ — growth, dividends, profitability & financials explained
Applied Optoelectronics, Inc. (AAOI) reported $596.0M in revenue over the trailing twelve months. Revenue was $455.7M in fiscal year 2025. That is 853% more than the $47.8M of fiscal year 2011.
Applied Optoelectronics, Inc. (AAOI) grew revenue by 82.8% in fiscal year 2025, compared with the prior fiscal year.
No. Applied Optoelectronics, Inc. (AAOI) reported a net loss of $57.0M over the trailing twelve months.
Applied Optoelectronics, Inc. (AAOI) had a return on equity (ROE) of -7.9% in fiscal year 2025. A negative ROE means the company lost money over the period.
Applied Optoelectronics, Inc. (AAOI) had negative free cash flow of $413.3M over the trailing twelve months.
