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Discontinued — last reported Q2 '26

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Segments

By segment

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Single Reportable-$22.78M-150%

Other financials

Income statement

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Revenue$191.9M+86.4%
Gross profit$15.9M-21.1%
Operating income-$16.5M-147%
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:NetIncomeLoss.

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
Total other income (expense), net3,2356,8782,9946,644
Loss before income taxes(21,492)(9,098)(34,724)(18,270)
Income tax expense(1,289)(2,338)
Net loss$(22,781)$(9,098)$(37,062)$(18,270)
Net loss per share
Basic$(0.28)$(0.16)$(0.47)$(0.34)
Diluted$(0.28)$(0.16)$(0.47)$(0.34)
Weighted average shares used to compute net loss per share:

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FAQ

What is Applied Optoelectronics's net income?
Applied Optoelectronics (AAOI) reported net income of -$22.78M in Q2 2026.
How has Applied Optoelectronics's net income changed year-over-year?
Applied Optoelectronics's net income decreased by 150.4% year-over-year, from -$9.1M to -$22.78M.
What is the long-term trend for Applied Optoelectronics's net income?
Over 4 years (2021 to 2025), Applied Optoelectronics's net income has grown at a -8.3% compound annual growth rate (CAGR), from -$54.16M to -$38.23M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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