stockrowApplied 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
- +127.5%
- EPS
- +125.0%
- Free cash flow
- +96.1%
- Total debt
- +69.0%
Quarter to September 2026, against a year earlier
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Applied Optoelectronics, Inc. (AAOI) EV/FCF
As of 5 November 2026, Applied Optoelectronics, Inc. (AAOI) trades at a EV/FCF of −6.7×. Over the past ten years it has ranged from −51.5× (August 2023) to 963× (June 2018); the current reading is higher than 49% of that period.
EV/FCF, daily
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Annual newest first
| Period | EV/FCF | Change |
|---|---|---|
| FY2025 | −5.9× | — |
| FY2024 | −14.2× | — |
| FY2023 | −40.4× | — |
| FY2022 | −9.9× | — |
| FY2021 | −12.0× | — |
| FY2020 | −4.8× | — |
| FY2019 | −9.8× | — |
| FY2018 | −5.7× | — |
| FY2017 | 41.8× | (25.75%) |
| FY2016 | 56.3× | — |
Quarterly newest first
| Period | EV/FCF | Change |
|---|---|---|
| Sep 2026 | −14.7× | — |
| Jun 2026 | −20.0× | — |
| Mar 2026 | −14.9× | — |
| Dec 2025 | −5.9× | — |
| 43 more quarters | Free account |
Against its own ten years
EV/FCF against peers
| Company | EV/FCF |
|---|---|
| AAOI Applied Optoelectronics, Inc. | −6.7× |
| ASTS AST SpaceMobile, Inc. compare | −5.6× |
| ONDS Ondas Holdings Inc. compare | −5.3× |
| ZBRA Zebra Technologies Corporation compare | 17.9× |
| EXTR Extreme Networks, Inc. compare | 17.9× |
| DGII Digi International Inc. compare | 18.0× |
| BDC Belden Inc compare | 27.2× |
| VIAV Viavi Solutions Inc. compare | 32.3× |
| VSAT Viasat Inc. compare | 36.8× |
What EV/FCF is
EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))
More on AAOI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement