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Other financials

Income statement

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Revenue$151.1M+51.4%
Gross profit$15.9M-21.1%
Operating income-$16.5M-147%
Net income-$14.3M-55.7%
EPS (diluted)-$0.42-55.6%

Balance sheet

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Cash & equivalents$439.7M+760%
Total debt$115.1M+280%
Total equity$1.1B+258%
Total assets$1.6B+143%

Cash flow

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Operating cash flow-$85.4M-67.6%
Free cash flow-$143.6M-81.0%

Valuation

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Market cap$12.99B+752%
Enterprise value$12.66B+732%
P/S25.6×+20.7×

Profitability

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Gross margin22.7%
Operating margin-24.5%
Net margin-8.5%-3.9pp
FCF margin-82.4%+129pp

Returns & leverage

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Return on equity-6.1%-2.9pp
Debt / equity0.1×0.0×
Current ratio3.8×+1.9×

Where this comes from

Reported directly by Applied Optoelectronics in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Applied Optoelectronics’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Applied Optoelectronics's capex?
Applied Optoelectronics (AAOI) reported capex of $58.23M in Q1 2026.
How has Applied Optoelectronics's capex changed year-over-year?
Applied Optoelectronics's capex increased by 105.1% year-over-year, from $28.39M to $58.23M.
What is the long-term trend for Applied Optoelectronics's capex?
Over 4 years (2021 to 2025), Applied Optoelectronics's capex has grown at a 117.7% compound annual growth rate (CAGR), from $7.98M to $179.15M.
What does capex mean?
Cash spent on long-term physical assets like machinery and facilities.
How do you interpret capex?
Higher spending indicates aggressive expansion or modernization, while lower spending may signal capital preservation or reduced growth expectations.
How does capex compare across companies?
Varies significantly based on the company's growth phase and manufacturing model (e.g., fabless vs. vertically integrated).