Applied Optoelectronics, Inc. (AAOI) quarterly cash flow statement — complete operating, investing & financing history
Applied Optoelectronics, Inc. (AAOI) cash flow statement — 15-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | -2.87M | 11.57M | -85.35M | -29.58M | -28.46M | -65.47M | -50.91M | -24.62M | -14.44M | -1.99M | -28.48M | 1.55M | -15.35M | 15.26M | -9.39M | -3.48M | -9.19M | 2.25M | -3.6M | -261K |
| Operating CF Margin % | -1.06% | 6.03% | -56.47% | -22.03% | -23.99% | -63.6% | -50.99% | -24.55% | -22.16% | -4.6% | -70.02% | 2.56% | -24.54% | 36.66% | -17.71% | -5.66% | -16.21% | 4.31% | -6.9% | -0.48% |
| Operating CF Growth % | 89.91% | 117.67% | -67.64% | -20.15% | -97.11% | -3191.8% | -78.77% | -1688.13% | 5.91% | -113.04% | -203.31% | 144.5% | -67.01% | 577.23% | -160.62% | -1234.48% | -362.62% | 578.61% | 76.32% | 98.15% |
| Net Income | 6.3M | -22.78M | -14.28M | 36.21M | -17.94M | -9.1M | -9.17M | -119.69M | -17.76M | -26.11M | -23.17M | -13.86M | -8.95M | -16.95M | -16.29M | -20.25M | -15.63M | -14.46M | -16.06M | -14.54M |
| Depreciation & Amortization | 14.72M | 10.5M | 9.23M | 8.21M | 7.1M | 6.4M | 5.72M | 5.36M | 5.23M | 5.07M | 5M | 4.93M | 4.98M | 5.19M | 5.33M | 5.5M | 5.7M | 5.89M | 6.11M | 6.18M |
| Stock-Based Compensation | 5.68M | 4.86M | 4.39M | -8.84M | -17.18M | 3.16M | 2.56M | 2.95M | 2.94M | 6.06M | 2.84M | 3.3M | 3.23M | 3.06M | 2.29M | 2.36M | 2.63M | 2.14M | 2.47M | 3.2M |
| Deferred Taxes | 4.49M | 325K | 1.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -2.59M | -805K | 4.38M | -31.4M | 27.73M | -3.86M | 1.92M | 112.41M | -657K | 3.55M | 2.34M | 1.98M | 3.29M | 2.64M | 1.84M | 774K | 2.74M | 950K | 3.21M | 359K |
| Working Capital Changes | -31.48M | 19.47M | -90.12M | -33.74M | -28.18M | -62.08M | -51.95M | -25.64M | -4.2M | 9.46M | -15.49M | 5.21M | -17.9M | 21.31M | -2.56M | 8.13M | -4.63M | 7.73M | 674K | 4.54M |
| Change in Receivables | -100.15M | -15.21M | -54.44M | -20.36M | -12.58M | -40.35M | -54.3M | -39.8M | -17.07M | -2.11M | -9.54M | 12.46M | -17.36M | 14.48M | 3.62M | -15.33M | -3.5M | 7.09M | 6.76M | -5.6M |
| Change in Inventory | -92.53M | -68.76M | -25.33M | -16.11M | -33.56M | -34.85M | -16.19M | -26.65M | -8.34M | -1.71M | 7.29M | 3.87M | -4.06M | -423K | 7.4M | 13.88M | -1.2M | -9.55M | -1.98M | 2.23M |
| Change in Payables | 205.32M | 137.93M | 4.23M | -6.21M | 17.18M | 8.1M | 19.9M | 48.98M | 22.47M | 9.88M | -9.25M | -1.96M | -257K | -3.31M | -9.43M | 2.19M | -184K | 11.37M | -406K | 8.22M |
| Cash from Investing | -475.82M | -565.63M | -68.09M | -84.93M | -50.48M | -38.89M | -36.3M | -29.27M | -9.27M | -4.08M | -8.07M | -9.6M | -3.25M | -1.13M | -783K | -624K | -1.2M | -959K | -1.05M | -2.64M |
| Capital Expenditures | -358.62M | -276.91M | -58.23M | 104.11M | -50.35M | -25.48M | -28.39M | -28.38M | -6.29M | -2.98M | -5.76M | -6.16M | -1.46M | -725K | -735K | -760K | -781K | -647K | -1.02M | -2.43M |
| CapEx % of Revenue | 132.88% | 144.28% | 38.52% | 77.54% | 42.45% | 24.75% | 28.43% | 28.3% | 9.65% | 6.88% | 14.16% | 10.2% | 2.33% | 1.74% | 1.39% | 1.23% | 1.38% | 1.24% | 1.96% | 4.46% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -117.2M | -288.72M | -9.86M | -189.04M | -125K | -13.41M | -7.91M | -891K | -2.98M | -1.11M | -2.31M | -3.44M | -1.79M | -402K | -48K | 136K | -419K | -312K | -29K | -211K |
| Cash from Financing | 611.37M | 591.01M | 389.26M | 179.69M | 152.25M | 125.98M | 70.01M | 89.71M | 49.37M | 4.51M | -1.42M | 31.3M | 21.06M | -12.87M | 1.09M | 5.17M | 3.58M | -1.73M | 3.74M | -4.89M |
| Debt Issued (Net) | 53.79M | 15.27M | 8.55M | 4.61M | 6.82M | 8.01M | 35K | 3.19M | 11.21M | -7.15M | -4.23M | -5.09M | -469K | -22.67M | 756K | 4.28M | 3.46M | -1.65M | 3.88M | -4.62M |
| Equity Issued (Net) | 562.44M | 645.76M | 382.45M | 176.35M | 146.79M | 124.11M | 71.67M | 87.8M | 38.55M | 16.12M | 3.83M | 36.67M | 22.02M | 9.88M | 407K | 1M | 238K | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -4.86M | -70.02M | -1.74M | -1.27M | -1.36M | -6.13M | -1.69M | -1.28M | -385K | -4.45M | -1.01M | -316K | -494K | -84K | -75K | -117K | -110K | -87K | -140K | -264K |
| Net Change in Cash | 112.7M | 59.38M | 233.34M | 65.32M | 63.52M | 20.38M | -12.32M | 37.77M | 25.25M | -1.29M | -37.69M | 23.86M | 2.63M | 1.66M | -8.64M | 1.01M | -6.08M | 542K | -1.03M | -7.76M |
| Free Cash Flow | -361.49M | -265.33M | -143.58M | 74.47M | -78.81M | -90.95M | -79.37M | -53.13M | -20.5M | -5.08M | -34.36M | -8.06M | -18.66M | 14.13M | -10.24M | -4.39M | -10.39M | 1.29M | -4.77M | -2.9M |
| FCF Margin % | -133.95% | -138.25% | -94.99% | 55.46% | -66.44% | -88.35% | -79.48% | -52.98% | -31.46% | -11.73% | -84.49% | -13.33% | -29.83% | 33.95% | -19.31% | -7.13% | -18.32% | 2.47% | -9.13% | -5.33% |
| FCF Growth % | -358.66% | -191.73% | -80.9% | 240.18% | -284.5% | -1691.82% | -130.97% | -559.39% | -9.85% | -135.92% | -235.64% | -83.45% | -79.61% | 994.5% | -114.68% | -51.4% | -2068.89% | 200.23% | 72.96% | 84.26% |
| FCF per Share | -4.12 | -3.25 | -1.89 | 1.06 | -1.24 | -1.60 | -1.59 | -1.15 | -0.48 | -0.13 | -0.90 | -0.22 | -0.57 | 0.48 | -0.35 | -0.15 | -0.37 | 0.05 | -0.17 | -0.11 |
| FCF Conversion (FCF/Net Income) | -0.46x | -0.51x | 5.98x | 14.63x | 1.59x | 7.20x | 5.55x | 0.21x | 0.81x | 0.08x | 1.23x | -0.11x | 1.71x | -0.90x | 0.58x | 0.17x | 0.59x | -0.16x | 0.22x | 0.02x |
| Interest Paid | 2.64M | 1.94M | 0 | 0 | 0 | 0 | 109K | 2.31M | 0 | 0 | 0 | 2.04M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 4K | -3K | 0 | 0 | 0 | 0 | 0 | -1K | 0 | 0 | 0 | -1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |