Applied Optoelectronics, Inc. (AAOI) Financials
Key financial figures for Applied Optoelectronics, Inc. (Q3 2026).
Applied Optoelectronics Q3 2026 revenue rose to $269.9M from $118.6M a year earlier, with GAAP net income of $6.3M versus a $17.9M loss. Revenue was $269.9M, up from $118.6M in Q3 2025 and $191.9M in Q2 2026 (about +127% year over year and +41% sequentially, calculated). The company called it its sixth consecutive record quarter. Datacenter revenue was $155.6M versus $43.9M a year earlier; CATV revenue was $110.9M versus $70.6M; telecom was $2.7M versus $3.7M. GAAP gross margin was 28.2% (28.0% a year earlier); non-GAAP gross margin was 28.7% versus 31.0% a year earlier, and below the 29% to 30.5% range given in the August release. On the outlook: Q4 2026: revenue of $385M to $420M, non-GAAP gross margin of 29.5% to 31%, non-GAAP net income of $45.9M to $60.4M, and non-GAAP income per share of $0.48 to $0.63 using approximately 96 million shares. Figures are for Q3 2026, as Applied Optoelectronics, Inc. reported them.
- Revenue
- $270M
- Net Income
- $6M
- EPS
- $0.07
- Total Assets
- $3.1B
- Operating Cash Flow
- -$3M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $270M | $6M | $0.07 | -0.53% | -$361M |
| Q2 FY2026 | $192M | -$23M | -$0.28 | -12.88% | -$265M |
| Q1 FY2026 | $151M | -$14M | -$0.19 | -8.6% | -$144M |
| Q4 FY2025 | $134M | -$2M | -$0.03 | -8.57% | |
| Q3 FY2025 | $119M | -$18M | -$0.28 | -15.33% | -$79M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $456M | -$38M | -$0.64 | -11.98% | -$354M |
| FY2024 | $249M | -$187M | -$4.50 | -28.44% | -$113M |
| FY2023 | $218M | -$56M | -$1.75 | -19% | -$18M |
Frequently asked questions
What was Applied Optoelectronics, Inc.'s revenue last quarter?
Applied Optoelectronics, Inc. reported revenue of $269.9 million for Q3 FY2026, up 127.5% from the same period a year earlier.
Is Applied Optoelectronics, Inc. profitable?
Yes. Applied Optoelectronics, Inc. reported net income of $6.3 million for Q3 FY2026, a net margin of 2.33% on revenue.
How has Applied Optoelectronics, Inc.'s margin trended?
Operating margin was -0.53% in Q3 FY2026, compared with -15.33% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Applied Optoelectronics, Inc. generate?
Applied Optoelectronics, Inc. generated free cash flow of -$361.5 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Applied Optoelectronics, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.