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
- +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 margin
Applied Optoelectronics, Inc.'s operating margin over the twelve months to 30 September 2026 was −6.78%, up 5.2 percentage points from fiscal 2025 (−12.0%). Over the past ten years it has ranged from −28.4% (fiscal 2024) to 22.7% (fiscal 2017); the current reading is higher than 64% of that period. That is below the Communication Equipment industry median of 2.43% and below the Technology sector median of 0.02%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | −12.0% | 16.46 |
| FY2024 | −28.4% | (9.44) |
| FY2023 | −19.0% | 7.48 |
| FY2022 | −26.5% | 0.35 |
| FY2021 | −26.8% | (6.01) |
| FY2020 | −20.8% | 4.72 |
| FY2019 | −25.5% | (21.51) |
| FY2018 | −4.03% | (26.77) |
| FY2017 | 22.7% | 13.91 |
| FY2016 | 8.83% | 1.75 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | −0.53% | 12.35 |
| Jun 2026 | −12.9% | (4.28) |
| Mar 2026 | −8.60% | (0.03) |
| Dec 2025 | −8.57% | 6.76 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| ZBRA Zebra Technologies Corporation compare | 14.9% |
| DGII Digi International Inc. compare | 13.9% |
| VIAV Viavi Solutions Inc. compare | 10.6% |
| BDC Belden Inc compare | 8.99% |
| EXTR Extreme Networks, Inc. compare | 5.67% |
| VSAT Viasat Inc. compare | 2.35% |
| AAOI Applied Optoelectronics, Inc. | −6.78% |
| ONDS Ondas Holdings Inc. compare | −140.4% |
| ASTS AST SpaceMobile, Inc. compare | −519.5% |
| Communication Equipment industry median | 2.43% |
| Technology sector median | 0.02% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on AAOI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement