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) Price to free cash flow
Applied Optoelectronics, Inc. has no meaningful price to free cash flow: its trailing twelve-month free cash flow is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 963× (June 2018) — the current reading is the lowest in ten years.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | 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 | 42.6× | (23.54%) |
| FY2016 | 55.7× | — |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Sep 2026 | 0.0× | — |
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| 43 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| AAOI Applied Optoelectronics, Inc. | n/m |
| ONDS Ondas Holdings Inc. compare | n/m |
| ASTS AST SpaceMobile, Inc. compare | n/m |
| ZBRA Zebra Technologies Corporation compare | 15.5× |
| BDC Belden Inc compare | 16.0× |
| DGII Digi International Inc. compare | 17.3× |
| EXTR Extreme Networks, Inc. compare | 18.1× |
| VSAT Viasat Inc. compare | 23.4× |
| VIAV Viavi Solutions Inc. compare | 32.4× |
| Communication Equipment industry median | 21.7× |
| Technology sector median | 18.7× |
| Market median | 14.1× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
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
- 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