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

69.05 10.14 −12.80%
Market cap
$6.7B
P/E
0.0×
Fwd P/E
19.6×
Dividend yield
—
F-score
4/9
Altman Z
2.98
Beneish M
−0.51
Dividend safety
n/a

Applied Optoelectronics, Inc. (AAOI) P/E ratio

Alert me on P/E ratio

Applied Optoelectronics, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 80.0× (June 2015) — the current reading is the lowest in ten years.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 9.8× (23.67%)
FY2016 12.8× (48.40%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
Sep 2025 0.0× —
42 more quarters

Against its own ten years

Low 0.0× High 80.0×
Ten-year median 0.0×
Current reading's percentile 66

P/E ratio against peers

Company P/E ratio
VIAV Viavi Solutions Inc. compare n/m
ONDS Ondas Holdings Inc. compare n/m
ASTS AST SpaceMobile, Inc. compare n/m
VSAT Viasat Inc. compare n/m
AAOI Applied Optoelectronics, Inc. n/m
BDC Belden Inc compare 17.0×
ZBRA Zebra Technologies Corporation compare 32.7×
DGII Digi International Inc. compare 55.8×
EXTR Extreme Networks, Inc. compare 70.8×
Communication Equipment industry median 33.2×
Technology sector median 27.6×
Market median 18.6×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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