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Applied Optoelectronics AAOI Single Reportable — Research And Development Expense

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Other financials

Income statement

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Revenue$191.9M+86.4%
Gross profit$15.9M-21.1%
Operating income-$16.5M-147%
Net income-$22.8M-150%
EPS (diluted)-$0.42-55.6%

Balance sheet

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Cash & equivalents$499.7M+672%
Total debt$135.4M+200%
Total equity$1.7B+292%
Total assets$2.3B+189%

Cash flow

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Operating cash flow-$85.4M-67.6%
CapEx$276.9M+987%
Free cash flow-$265.3M-192%

Valuation

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Market cap$10.32B+691%
Enterprise value$9.95B+675%
P/S17.3×+13.8×

Profitability

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Gross margin22.7%
Operating margin-24.5%
Net margin-9.6%-4.2pp
FCF margin-99.4%+99.3pp

Returns & leverage

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Return on equity-5.4%-2.6pp
Debt / equity0.1×0.0×
Current ratio2.8×+0.7×

Where this comes from

Reported directly by Applied Optoelectronics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Applied Optoelectronics’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437749-26-026278
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Revenues$191,922$102,952$343,066$202,811
Cost of goods sold(138,715)(71,790)(245,943)(141,105)
Adjusted research and development(34,039)(20,425)(59,243)(37,960)
Adjusted sales and marketing(10,602)(7,303)(16,498)(12,337)
Adjusted general and administrative(22,914)(14,336)(43,187)(27,224)
Other segment items(8,433)1,804(15,257)(2,455)
Net loss$(22,781)$(9,098)$(37,062)$(18,270)

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FAQ

What is Applied Optoelectronics's single reportable — research and development expense?
Applied Optoelectronics (AAOI) reported single reportable — research and development expense of $34.04M in Q2 2026.
What does single reportable — research and development expense mean?
This metric reflects the investment made in designing, developing, and testing new optical communication technologies and product iterations. Given the rapid evolution of bandwidth demand, this spending is critical for maintaining technological relevance and competitive differentiation. Investors analyze this expense to gauge the company's commitment to innovation and its long-term product pipeline potential.

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