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) Operating cash flow
Applied Optoelectronics, Inc.'s operating cash flow for fiscal 2025 was −$174.4M, compared with −$69.5M in fiscal 2024. Over the twelve months to 30 September 2026 it was −$106.2M. Over the past ten years it has ranged from −$174.4M (fiscal 2025) to $84.3M (fiscal 2017) — the current reading is the lowest in ten years. Applied Optoelectronics, Inc. ranks 44th of 46 Communication Equipment companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | −$174.4M | — |
| FY2024 | −$69.5M | — |
| FY2023 | −$7.9M | — |
| FY2022 | −$14.0M | — |
| FY2021 | −$11.6M | — |
| FY2020 | −$44.0M | — |
| FY2019 | −$1.8M | — |
| FY2018 | $14.0M | (83.36%) |
| FY2017 | $84.3M | 47.60% |
| FY2016 | $57.1M | — |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Sep 2026 | −$2.9M | — |
| Jun 2026 | $11.6M | — |
| Mar 2026 | −$85.4M | — |
| Dec 2025 | −$29.6M | — |
| 43 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| VSAT Viasat Inc. compare | $1.6B |
| ZBRA Zebra Technologies Corporation compare | $1.1B |
| BDC Belden Inc compare | $400.6M |
| VIAV Viavi Solutions Inc. compare | $244.9M |
| EXTR Extreme Networks, Inc. compare | $182.6M |
| DGII Digi International Inc. compare | $138.4M |
| AAOI Applied Optoelectronics, Inc. | −$106.2M |
| ASTS AST SpaceMobile, Inc. compare | −$144.7M |
| ONDS Ondas Holdings Inc. compare | −$161.1M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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- EPS (diluted)
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- Free 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
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
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