What are Applied Optoelectronics's profit margins?

Applied Optoelectronics (AAOI) runs a 22.7% gross margin and a -24.5% operating margin, with a -8.5% net margin.

Where do Applied Optoelectronics's ratios come from?

Every ratio is computed from Applied Optoelectronics's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Applied Optoelectronics AAOI Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Net margin	-8.5%-0.2pp	-8.4%+28.6pp	-37%+5.3pp	-42.3%+13.7pp	-56%+18.9pp
Free cash flow margin	-82.4%-4.8pp	-77.6%-6.0pp	-71.6%-5.3pp	-66.3%-15.1pp	-51.2%-5.9pp
Returns
Return on equity	-6.1%+1.8pp	-7.9%+32.5pp	-40.4%+10.5pp	-50.9%+17.5pp	-68.4%+15.7pp
Return on assets	-3.9%+0.5pp	-4.5%+18.0pp	-22.5%+4.7pp	-27.2%+7.5pp	-34.7%+5.2pp
Efficiency
Asset turnover	0.5×-0.1×	0.5×-0.1×	0.6×0.0×	0.6×0.0×	0.6×+0.1×
Liquidity
Current ratio	3.8×+1.2×	2.6×+0.3×	2.3×+0.2×	2.1×+0.2×	1.9×+0.1×
Quick ratio	3×+1.1×	1.9×+0.3×	1.6×+0.2×	1.5×+0.1×	1.3×+0.1×
Cash ratio	1.7×+0.9×	0.8×+0.3×	0.5×+0.3×	0.3×0.0×	0.3×-0.1×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Debt-to-assets	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0×0.0×
Valuation
Market capitalization	$6.57B+176%	$2.38B+47.2%	$1.62B+23.7%	$1.31B+69.5%	$771.33M-57.6%
Enterprise value	$6.25B+176%	$2.26B+45.7%	$1.55B+20.4%	$1.29B+71.6%	$750.46M-58.0%
Price / sales	13×+7.7×	5.2×+1.4×	3.8×+0.3×	3.6×+1.1×	2.5×-4.8×
Price / book	5.9×+2.7×	3.2×+0.4×	2.9×-0.2×	3.1×+0.6×	2.5×-5.5×
EV / sales	12.3×+7.4×	5×+1.3×	3.7×+0.2×	3.5×+1.1×	2.4×-4.7×
Free cash flow yield	-6.4%+8.5pp	-14.9%+3.8pp	-18.7%0.0pp	-18.7%+1.8pp	-20.5%-14.3pp
Earnings yield	-0.7%+0.9pp	-1.6%+8.0pp	-9.6%+2.3pp	-11.9%+10.5pp	-22.4%-12.1pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Applied Optoelectronics.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Applied Optoelectronics's profit margins?: Applied Optoelectronics (AAOI) runs a 22.7% gross margin and a -24.5% operating margin, with a -8.5% net margin.
Where do Applied Optoelectronics's ratios come from?: Every ratio is computed from Applied Optoelectronics's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.