Applied Optoelectronics, based in Texas, makes optical components for data transmission, mainly transceivers for data centers and lasers for cable networks. Customers include cloud providers and cable operators. Manufacturing takes place in the US, China and Taiwan. As of Oct 16, 2026
As of Oct 16, 2026Fact sheet (from the annual report)Semiconductors (chips) · Sugar Land, USAfull fact sheet
Applied Optoelectronics develops and manufactures products for fiber optic networks, from lasers and components to modules and complete devices. Its target markets are internet data centers, cable networks, telecom networks and fiber-to-the-home connections. Customers are mainly data center operators, makers of cable and telecom equipment and internet providers. Its factories are in Sugar Land in Texas, in Ningbo in China and in Taipei in Taiwan; the laser chips are made only in Sugar Land. Since 2023 the company has sold many products for cable networks under the Quantum Bandwidth brand directly to cable operators.
Our own calculation from the exchange’s daily candles, as of Oct 26, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
Double bottom · Analysis method
The price of AAOI is currently in no zone of this method. The check runs daily after the market close.
Whether a price will soon reach a zone, you see from Watcher. Plans and pricing
How the zone is formed
What is this? The price has formed two similarly deep lows and broken above the neckline between them. This is seen as a sign that the downward move is ending.
Buy zone: retest of the neckline (up to 1 ATR above it). Stop: just below the second low. Targets: height of the pattern from the neckline (1.0× and 1.618×).
The pattern is valid for at most 15 trading days and expires if the price falls below the stop. This is a calculated analysis, not a forecast and not a call to buy. Risk notice and investment advice
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SEC filing (10-K, 10-Q)Required reports of listed companies to the US Securities and Exchange Commission (SEC): 10-K is the annual report, 10-Q the quarterly report, 20-F the annual report of foreign companies. We show the figures of the first filing.Example: 10-K for the fiscal year ending Sep 27, 2025, filed on Oct 31, 2025.More in the Academy: Lesson revenue, profit and margin
Applied Optoelectronics · Sector Technology · amounts in USD
Information only – does not affect our buy zones, not investment advice. Source: SEC filings, As of Feb 26, 2026.
In short
Light green: Revenue grew over 5 years (+14.2% per year), at least as fast as the sector median.
Light red: Loss in the last fiscal year.
Light green: Debt not higher than usual in the sector.
Light red: Profit in 2 of 10 fiscal years.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
RevenueNet incomeNet margin (below)in USD
−200M0200M400M600M
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Revenue 260.7M USD · Net income 31.2M USD · Net margin 12.0%
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Revenue 382.3M USD · Net income 74.0M USD · Net margin 19.3%
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Revenue 267.5M USD · Net income −2.1M USD · Net margin −0.8%
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Revenue 190.9M USD · Net income −66.0M USD · Net margin −34.6%
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Revenue 234.6M USD · Net income −58.5M USD · Net margin −24.9%
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Revenue 211.6M USD · Net income −54.2M USD · Net margin −25.6%
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Revenue 222.8M USD · Net income −66.4M USD · Net margin −29.8%
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Revenue 217.6M USD · Net income −56.0M USD · Net margin −25.8%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Revenue 249.4M USD · Net income −186.7M USD · Net margin −74.9%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 455.7M USD · Net income −38.2M USD · Net margin −8.4%
Margin
12%19%−1%−35%−25%−26%−30%−26%−75%−8%
RevenueNet incomeNet margin (below)in USD
−200M−100M0100M200M
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 30, 2023): Revenue 62.5M USD · Net income −9.0M USD · Net margin −14.3%
Q4/23Quarter Q4/23 (Oct 1, 2023 – Dec 31, 2023): Revenue 60.5M USD · Net income −13.9M USD · Net margin −22.9% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Revenue 40.7M USD · Net income −23.2M USD · Net margin −57.0%
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Revenue 43.3M USD · Net income −26.1M USD · Net margin −60.4%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Revenue 65.2M USD · Net income −17.8M USD · Net margin −27.3%
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Revenue 100.3M USD · Net income −119.7M USD · Net margin −119.4% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Revenue 99.9M USD · Net income −9.2M USD · Net margin −9.2%
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Revenue 103.0M USD · Net income −9.1M USD · Net margin −8.8%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Revenue 118.6M USD · Net income −17.9M USD · Net margin −15.1%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Revenue 134.3M USD · Net income −2.0M USD · Net margin −1.5% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Revenue 151.1M USD · Net income −14.3M USD · Net margin −9.4%
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Revenue 191.9M USD · Net income −22.8M USD · Net margin −11.9%
Margin
−14%−23%−57%−60%−27%−119%−9%−9%−15%−2%−9%−12%
Earnings per shareUSD per share
−5.00−2.5002.505.00
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Earnings per share 1.76 USD
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Earnings per share 3.67 USD
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Earnings per share −0.11 USD
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Earnings per share −3.31 USD
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Earnings per share −2.67 USD
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Earnings per share −2.01 USD
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Earnings per share −2.38 USD
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Earnings per share −1.75 USD
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Earnings per share −4.50 USD
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Earnings per share −0.64 USD
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Earnings per share not reported separately for Q4
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Earnings per share −0.19 USD
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Earnings per share −0.28 USD
No reported values for “Dividend per share” in this interval.
No reported values for “Dividend per share” in this interval.
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 455.7M USD · Net income −38.2M USD · Net margin −8.4%
Key figures with traffic lights
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 97 symbols in the Technology sector on our list (current members of the S&P 500 and other lists).
Revenue growth
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light green: above sector
+14.2%per year, last 5 years
Sector Technology: median +13.5% (88 symbols)
What does this mean? Revenue: over 5 years it grew by 14.2% per year on average – at least as fast as the median company in the sector (+13.5%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Net income (total)
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light gray: not computable
–per year, last 5 years
Sector Technology: median +13.3% (62 symbols)
per share: not computable (loss in the first or last year)
What does this mean? There was a loss in the first or last year. An annual growth rate cannot be calculated meaningfully then.
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
What does this mean? Of every 100 USD in revenue there was no profit but a loss of 8.39 USD. Five years ago the margin was −24.9%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
Debt / equity
Debt-to-equity ratioFinancial debt (loans, bonds) divided by equity. A high value amplifies good and bad years alike. The key figures bar in the chart only uses long-term financial debt.Example: Financial debt €300m, equity €500m → 0.6.More in the Academy: Lesson debt, dividends and growth
Light green: lower than sector
0.00latest balance sheet
Sector Technology: median 0.46 (65 symbols)
What does this mean? No financial debt reported – no more than the median company in the sector (0.46). More debt amplifies good and bad years alike.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
Payout ratio
Payout ratioThe share of profit that a company pays out as a dividend. Above 100% it pays out more than it earns.Example: Dividend €1, earnings per share €2.50 → payout ratio 40%.More in the Academy: Lesson debt, dividends and growth
Light gray: none found
–Dividend / earnings per share
Sector Technology: median 30% (36 symbols)
What does this mean? The loaded SEC filings of the last two fiscal years contain no dividend per share. Either the company pays none, or it reports it under a different tag.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
Profitable years
Profitable yearsHow many of the last fiscal years ended with a profit rather than a loss on the bottom line. The figure shows how consistently a company earns.Example: Profit in 9 of 10 years → one loss year.More in the Academy: Lesson revenue, profit and margin
Light red: 8 loss years
2 of 10fiscal years with a profit
What does this mean? In 2 of the last 10 fiscal years the bottom line showed a profit. 8 years ended with a loss.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
Last fiscal year and 13F
Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
455.7M USD
Revenue vs. prior year
+82.8%
Net income (FY)
−38.2M USD
Net income vs. prior year
–
EPS (FY)
-0.64 USD
13F funds with a position
–
Funds vs. prior quarter
–
Shares held vs. prior quarter
–
Fiscal year to Dec 31, 2025 · 10-K filed Feb 26, 2026 · Balance sheet Jun 30, 2026 (filed Aug 6, 2026) · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term).13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
Year
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
2025
Dec 31, 2025
455.7M
−38.2M
−8.4%
−0.64
–
–
2024
Dec 31, 2024
249.4M
−186.7M
−74.9%
−4.50
–
–
2023
Dec 31, 2023
217.6M
−56.0M
−25.8%
−1.75
–
–
2022
Dec 31, 2022
222.8M
−66.4M
−29.8%
−2.38
–
–
2021
Dec 31, 2021
211.6M
−54.2M
−25.6%
−2.01
–
–
2020
Dec 31, 2020
234.6M
−58.5M
−24.9%
−2.67
–
–
2019
Dec 31, 2019
190.9M
−66.0M
−34.6%
−3.31
–
–
2018
Dec 31, 2018
267.5M
−2.1M
−0.8%
−0.11
–
–
2017
Dec 31, 2017
382.3M
74.0M
19.3%
3.67
–
–
2016
Dec 31, 2016
260.7M
31.2M
12.0%
1.76
–
–
Quarters (amounts in USD, per share in USD)
Quarter
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
Q2/26
Jun 30, 2026
191.9M
−22.8M
−11.9%
−0.28
–
–
Q1/26
Mar 31, 2026
151.1M
−14.3M
−9.4%
−0.19
–
–
Q4/25*
Dec 31, 2025
134.3M
−2.0M
−1.5%
–
–
–
Q3/25
Sep 30, 2025
118.6M
−17.9M
−15.1%
−0.28
–
–
Q2/25
Jun 30, 2025
103.0M
−9.1M
−8.8%
−0.16
–
–
Q1/25
Mar 31, 2025
99.9M
−9.2M
−9.2%
−0.18
–
–
Q4/24*
Dec 31, 2024
100.3M
−119.7M
−119.4%
–
–
–
Q3/24
Sep 30, 2024
65.2M
−17.8M
−27.3%
−0.42
–
–
Q2/24
Jun 30, 2024
43.3M
−26.1M
−60.4%
−0.66
–
–
Q1/24
Mar 31, 2024
40.7M
−23.2M
−57.0%
−0.60
–
–
Q4/23*
Dec 31, 2023
60.5M
−13.9M
−22.9%
–
–
–
Q3/23
Sep 30, 2023
62.5M
−9.0M
−14.3%
−0.27
–
–
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
Insiders
Insider transactionsExecutives, directors and major shareholders (over 10%) of US companies report their own transactions in their company’s stock to the SEC within two business days (Form 4). Purchases in the market count as more meaningful than sales (often taxes, estate planning).Example: Three executives acquire stock worth a total of 2 million USD within two weeks → “purchases by several insiders”.More in the Academy: Glossary
Aug 18, 2026Yeh Shu-Hua (Joshua)OfficerOpen-market sale · 10b5-1 plan6,000 shares · $886.4K · SEC
Aug 10, 2026Murry Stefan J.Chief financial officer (CFO)Open-market sale · 10b5-1 plan4,000 shares · $579.2K · SEC
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
Trend score -90
Price vs. EMA 50-15
Price vs. EMA 200-15
EMA 50 vs. EMA 200-20
ADX (trend strength)-15
Highs and lows-10
Relative strength-15
Volatility and trend strength
ADX 14 (trend strength)27.5
Rel. strength 60 d−25.0%
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.