MARKETS / NASDAQ / AAOI
NASDAQ · SEMICONDUCTORS & RELATED DEVICES · LARGE CAP

Applied Optoelectronics, Inc. AAOI

15 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$455.7M
▲ 82.8% vs FY2024
EPS · FY25
$-0.64
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-7.9%
Net margin · FY25
-8.4%
Dividend coverage
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Result
USD 455.7M
Revenue, FY2025 · full 15-year series below
Revenue Net income
0.20.40.60.5-0.0201120142017202020232025
0.20.40.60.5-0.02016201920222025

The company lost 8 cents on every revenue dollar this year.

Per share
USD -0.64
Diluted EPS, FY2025
EPS
24-0.64201120142017202020232025
24-0.642016201920222025

The company pays no cash dividend.

Profitability
-7.9%
Return on equity, FY2025
ROE
8162432-7.9%201120142017202020232025
8162432-7.9%2016201920222025
Operating margin-12.0%
Net margin-8.4%
Return on assets-4.5%

Each USD of equity lost 8 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
+14.2% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+26.9%
+14.2%
+9.1%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.07B
Shares outstanding, FY2025
0.000.07201120142017202020232025
0.020.072016201920222025
Change, 5 years+145.2%
Change, 10 years+233.2%

The share count grew 145% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 1.2B
total assets, end of FY2025
Total assetsUSD 1.2B
EquityUSD 733.9M
CashUSD 206.1M
Gross debtUSD 34.0M
Net debtUSD -172.2M
Current ratio2.63×

The company holds more cash than debt.

History
15 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
Revenue $B
0.5
0.2
0.2
0.2
0.2
0.2
0.2
0.3
0.4
0.3
0.2
0.1
0.1
0.1
0.0
Operating income $B
−0.1
−0.1
−0.0
−0.1
−0.1
−0.0
−0.0
−0.0
0.1
0.0
0.0
0.0
−0.0
0.0
−0.0
EBITDA $B
−0.0
−0.1
−0.0
−0.0
−0.0
−0.0
−0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.0
−0.0
Income tax $B
−0.0
0.0
0.0
0.0
0.0
0.0
0.0
−0.0
0.0
−0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
−0.0
−0.2
−0.1
−0.1
−0.1
−0.1
−0.1
−0.0
0.1
0.0
0.0
0.0
−0.0
−0.0
−0.0
EPS, diluted $
−0.64
−4.50
−1.75
−2.38
−2.01
−2.67
−3.31
−0.11
3.67
1.76
0.65
0.28
−0.14
−3.56
−20.21
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
−7.9
−84.1
−28.1
−30.2
−20.3
−21.2
−21.9
−0.6
26.4
15.9
7.7
4.8
−3.0
−3.7
−25.8
Shares out B
0.07
0.05
0.04
0.03
0.03
0.03
0.02
0.02
0.02
0.02
0.02
0.01
0.01
0.00
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
58 of 58
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed