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) Return on equity

Alert me on Return on equity

Applied Optoelectronics, Inc.'s return on equity over the twelve months to 30 September 2026 was −2.34%, up 5.6 percentage points from fiscal 2025 (−7.94%). Over the past ten years it has ranged from −84.1% (fiscal 2024) to 26.4% (fiscal 2017); the current reading is higher than 64% of that period. That is below the Communication Equipment industry median of 0.00% and below the Technology sector median of 0.00%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 −7.94% 76.18
FY2024 −84.1% (56.06)
FY2023 −28.1% 2.17
FY2022 −30.2% (9.89)
FY2021 −20.3% 0.85
FY2020 −21.2% 0.72
FY2019 −21.9% (21.26)
FY2018 −0.65% (27.03)
FY2017 26.4% 10.48
FY2016 15.9% 8.20

Against its own ten years

Low −84.1% High 26.4%
Ten-year median −20.3%
Current reading's percentile 64

Return on equity against peers

Company Return on equity
EXTR Extreme Networks, Inc. compare 67.1%
ONDS Ondas Holdings Inc. compare 19.6%
ZBRA Zebra Technologies Corporation compare 16.5%
BDC Belden Inc compare 13.4%
DGII Digi International Inc. compare 7.46%
VIAV Viavi Solutions Inc. compare 6.54%
VSAT Viasat Inc. compare −0.63%
AAOI Applied Optoelectronics, Inc. −2.34%
ASTS AST SpaceMobile, Inc. compare −34.8%
Communication Equipment industry median 0.00%
Technology sector median 0.00%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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