Applied Optoelectronics, Inc.
AAOI Technology Communication Equipment
Applied Optoelectronics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $455.7 million, up 82.8% from fiscal 2024.
- Revenue
- +86.4%
- EPS
- −75.0%
- Free cash flow
- −191.6%
- Total debt
- +69.0%
Quarter to June 2026, against a year earlier
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Applied Optoelectronics, Inc. 10-K filed Feb 26, 2026
What changed
Item 1, Business, against the 10-K filed Feb 28, 2025: 1 added · 14 modified; 5 with only figures updated
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Modified · Overview
The CATV market is our
second largest and themost establishedmarketbusiness, for which we supply a broad array of products, including lasers, transmitters and transceivers, and turn-key equipment. Sales of headend, node and distribution equipment, including amplifiers, have contributed significantly to our revenue in recent years as a result of our ability to meet the needs of CATV equipment vendors who have continued to outsource both the design and manufacturing of this equipment. In 2023, we began offering many of our CATV products directly to MSO customers, underthe newly-createdQuantum BandwidthTM brand name. We made this strategic decision in order to better address the needs of our MSO customers as we believe they are embarking on a complex and lengthy series of network upgrades that will likely require significant innovation from their equipment suppliers. By selling products directly to these customers, we believe that we will be able to address these needs more efficiently and will improve our time to market for these new innovations, which MSOs have indicated will be critical to timely rollout of their planned network upgrades.