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) Return on invested capital
Applied Optoelectronics, Inc.'s return on invested capital over the twelve months to 30 September 2026 was −1.95%, up 3.3 percentage points from fiscal 2025 (−5.27%). Over the past ten years it has ranged from −15.4% (fiscal 2024) to 18.2% (fiscal 2017); the current reading is higher than 64% of that period. That is below the Communication Equipment industry median of 1.29% and below the Technology sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | −5.27% | 10.08 |
| FY2024 | −15.4% | (4.41) |
| FY2023 | −10.9% | 1.17 |
| FY2022 | −12.1% | (2.15) |
| FY2021 | −9.96% | (1.98) |
| FY2020 | −7.98% | 0.95 |
| FY2019 | −8.93% | (7.06) |
| FY2018 | −1.87% | (20.06) |
| FY2017 | 18.2% | 11.61 |
| FY2016 | 6.58% | 1.28 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| EXTR Extreme Networks, Inc. compare | 107.1% |
| ZBRA Zebra Technologies Corporation compare | 9.57% |
| DGII Digi International Inc. compare | 5.76% |
| VIAV Viavi Solutions Inc. compare | 5.69% |
| BDC Belden Inc compare | 4.33% |
| VSAT Viasat Inc. compare | 0.72% |
| AAOI Applied Optoelectronics, Inc. | −1.95% |
| ASTS AST SpaceMobile, Inc. compare | −12.2% |
| ONDS Ondas Holdings Inc. compare | −81.8% |
| Communication Equipment industry median | 1.29% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- 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