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AAOI APPLIED OPTOELECTRONICS, INC.

Trailing twelve months to 2026-06-30 · as filed 2026-08-06, not restated
Technology

Scale

Market cap
$9.5bn
Revenue TTM
$596m
Net income TTM
$-57m
Free cash flow
Composite score
Sector rank
#744

Valuation

P / E
EV / EBITDA
EV / sales
15.1
FCF yield
Earnings yield vs 10-yr
-5.33pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-9.6%
EBITDA margin
-5.4%
ROE
-3.4%
ROIC
-5.8%
Revenue growth
61.9%

Insider activity, last 90 days

Net open-market
$-46.46m
Buyers
0
Sellers
6

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

We experienced significant growth in sales of data center products during the period, reflecting increased customer deployments and demand for higher speed optical connectivity solutions. The following charts provide the revenue contribution from each of the markets we served for the three and six months ended June 30, 2026 and 2025 (in thousands, except percentages): Revenues for the three months ended June 30, 2026 increased by $89.0 million, or 86.4%, compared to the three months ended June 30, 2025. The increase was primarily driven by: Revenues for the six months ended June 30, 2026 increased by $140.3 million, or 69.2%, compared to the six months ended June 30, 2025. …APPLIED OPTOELECTRONICS, INC., 10-Q, period ended 2026-06-30, filed 2026-08-06

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