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. (AAOI) EV/Sales
As of 30 October 2026, Applied Optoelectronics, Inc. (AAOI) trades at a EV/Sales of 9.0×. Over the past ten years it has ranged from 0.5× (May 2023) to 33.0× (May 2026); the current reading is higher than 94% of that period. That is above the Communication Equipment industry median of 2.1× and above the Technology sector median of 2.8×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 4.6× | (29.00%) |
| FY2024 | 6.5× | 99.36% |
| FY2023 | 3.2× | 319.68% |
| FY2022 | 0.8× | (31.81%) |
| FY2021 | 1.1× | (8.52%) |
| FY2020 | 1.2× | (22.36%) |
| FY2019 | 1.6× | 30.86% |
| FY2018 | 1.2× | (34.29%) |
| FY2017 | 1.9× | 20.66% |
| FY2016 | 1.5× | 3.51% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 19.9× | 61.93% |
| Mar 2026 | 12.3× | 167.07% |
| Dec 2025 | 4.6× | 17.43% |
| Sep 2025 | 3.9× | (7.00%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| BDC Belden Inc compare | 1.7× |
| EXTR Extreme Networks, Inc. compare | 2.3× |
| VSAT Viasat Inc. compare | 3.3× |
| ZBRA Zebra Technologies Corporation compare | 3.4× |
| VIAV Viavi Solutions Inc. compare | 4.5× |
| DGII Digi International Inc. compare | 5.6× |
| AAOI Applied Optoelectronics, Inc. | 9.0× |
| ONDS Ondas Holdings Inc. compare | 10.3× |
| ASTS AST SpaceMobile, Inc. compare | 112× |
| Communication Equipment industry median | 2.1× |
| Technology sector median | 2.8× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)