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

50.03 3.14 +6.70%
Market cap
$4.0B
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) Revenue growth

Alert me on Revenue growth

Applied Optoelectronics, Inc.'s revenue growth over the twelve months to 30 September 2026 was 77.2%, down 5.6 percentage points from fiscal 2025 (82.8%). Over the past ten years it has ranged from −30.0% (fiscal 2018) to 82.8% (fiscal 2025) — the current reading is the highest in ten years. That is above the Communication Equipment industry median of 9.66% and above the Technology sector median of 11.8%.

Revenue growth, annual

Embed this chart

Annual newest first

Period Revenue growth Change (points)
FY2025 82.8% 68.18
FY2024 14.6% 16.89
FY2023 −2.32% (7.64)
FY2022 5.32% 15.15
FY2021 −9.83% (32.75)
FY2020 22.9% 51.56
FY2019 −28.6% 1.40
FY2018 −30.0% (76.69)
FY2017 46.7% 9.36
FY2016 37.3% (8.29)

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 127.5% 41.07
Jun 2026 86.4% 35.06
Mar 2026 51.4% 17.45
Dec 2025 33.9% (48.17)
43 more quarters

Against its own ten years

Low −30.0% High 82.8%
Ten-year median 14.6%
Current reading's percentile 100

Revenue growth against peers

Company Revenue growth
ASTS AST SpaceMobile, Inc. compare 2,256.9%
ONDS Ondas Holdings Inc. compare 979.3%
AAOI Applied Optoelectronics, Inc. 77.2%
VIAV Viavi Solutions Inc. compare 47.4%
DGII Digi International Inc. compare 20.3%
BDC Belden Inc compare 17.7%
ZBRA Zebra Technologies Corporation compare 16.9%
EXTR Extreme Networks, Inc. compare 11.3%
VSAT Viasat Inc. compare 1.35%
Communication Equipment industry median 9.66%
Technology sector median 11.8%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

More on AAOI