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APPLIED OPTOELECTRONICS, INC.

AAOI

$135.53 ▲ +13.36 (+10.94%) at close

16 Visible periods

32 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Weak

Neutral

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Analytical Summary

APPLIED OPTOELECTRONICS, INC. shows mixed fundamentals. On the positive side, Debt to Equity remains strong. Consider comparing against peers in the Technology sector before making investment decisions.

Market Cap $8.2B

Dividend Yield —

Revenue Growth 82.8% ↗

Op. Margin -12.0% ↗

ROIC -5.8% ↗

FCF / Share $-5.87 ↘

Trailing P/E —

Price / Book 13.9x

FCF Yield —

Debt / Equity 0.05

info Valuation on last close. End-of-day price, Aug 7, 2026.

16-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$455.71M

↑ +82.8% —

Net Income Profit after all expenses

$-38.23M

↑ +79.5% —

Operating Margin Operating profit as % of sales

-12.0%

↑ +57.9% 14th

FCF / Share Free cash flow per share

$-5.87

↓ -116.1% —

Long-Term Debt Long-term obligations

$33.98M

↑ +27.3% —

trending_up

Bullish Indicators

Debt to EquityDebt to Equity is in the top quartile (lower is better)

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns ↑

Financial Health ↓

Cash Quality ↑

Financial view

Statement lens

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Revenue Growth YoY (%)	82.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+590%)	14.6% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+21%)	-2.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-119%)	5.3% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-56%)	-9.8% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-182%)	22.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+91%)	-28.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-339%)	-30.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-350%)	46.6% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+289%)	37.3% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+211%)	45.6% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+280%)	66.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+453%)	23.7% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+97%)	32.6% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+171%)	—	—
EPS Growth YoY (%)	85.8% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-157.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	26.5% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-18.4% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	24.7% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	19.3% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	-2909.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	112.6% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	163.8% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	130.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	—	—	—	—
Net Income Growth YoY (%)	79.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-233.2% Weak ↓ Weak Declining Year-over-year change in net income	15.6% Good ↑ Good Improving Year-over-year change in net income	-22.6% Weak ↑ Weak Improving Year-over-year change in net income	7.3% Fair ↑ Fair Improving Year-over-year change in net income	11.5% Fair ↑ Fair Improving Year-over-year change in net income	-2977.8% Weak ↓ Weak Declining Year-over-year change in net income	N/M	136.8% Excellent ↓ Excellent Declining Year-over-year change in net income	189.4% Excellent ↑ Excellent Improving Year-over-year change in net income	152.0% Excellent ↑ Excellent Improving Year-over-year change in net income	N/M	-48.8% Weak Weak Year-over-year change in net income	82.3% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	-116.1% Weak ↑ Weak Improving Year-over-year change in free cash flow	-410.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	14.0% Fair ↑ Fair Improving Year-over-year change in free cash flow	15.1% Good ↑ Good Improving Year-over-year change in free cash flow	73.3% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-78.9% Weak ↓ Weak Declining Year-over-year change in free cash flow	48.1% Excellent Excellent Year-over-year change in free cash flow	N/M	103.6% Excellent Excellent Year-over-year change in free cash flow	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	26.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	5.6% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	-2.5% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	5.3% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	-7.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-15.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-9.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	12.1% Good ↓ Good Declining Compound annual revenue growth over 3 years	43.1% Excellent → Excellent Stable Compound annual revenue growth over 3 years	49.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	44.1% Excellent Excellent Compound annual revenue growth over 3 years	39.7% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	14.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	5.5% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	-4.0% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-10.2% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-4.1% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	4.3% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	7.9% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	27.8% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	43.2% Excellent Excellent Compound annual revenue growth over 5 years	40.4% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	—	—	—	—	—	—	134.5% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Operating Margin (%) (%)	-12.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-160%)	-28.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-242%)	-19.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-195%)	-26.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-232%)	-26.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-234%)	-20.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-204%)	-25.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-228%)	-4.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-120%)	22.7% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+14%)	8.8% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-56%)	7.1% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-65%)	3.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-80%)	-0.4% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-102%)	0.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-99%)	-7.8% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-139%)	—
Effective Tax Rate (%) (%)	18.1% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-14.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-28.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	78.1% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	12.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-48.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	3.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.4% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—
Profit Margin (%) (%)	-8.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-156%)	-74.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-599%)	-25.8% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-272%)	-29.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-299%)	-25.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-271%)	-24.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-266%)	-34.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-331%)	-0.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-105%)	19.3% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+29%)	12.0% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-20%)	5.7% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-62%)	3.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-78%)	-1.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-112%)	-1.5% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-110%)	-11.1% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-174%)	—
FCF Margin (%) (%)	-77.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-45.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-7.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-7.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-9.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-25.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-16.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-21.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	4.5% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	2.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	—
FCF / Net Income (x)	9.25x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.60x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.30x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.26x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.36x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.02x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	0.46x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	26.95x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.23x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.25x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	—	—	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Return on Invested Capital (%)	-5.8% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-27.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-17.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-24.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-18.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-16.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-19.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-0.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	19.9% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	13.0% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	6.5% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	4.3% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-0.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	0.5% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-14.3% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-4.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-13.0% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	-10.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-14.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-12.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-10.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-10.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-2.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	19.2% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	7.1% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	4.9% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	2.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-0.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	0.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-5.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-128%)	-81.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-541%)	-26.1% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-241%)	-36.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-294%)	-21.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-215%)	-21.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-214%)	-24.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-230%)	-0.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-104%)	22.2% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+20%)	13.7% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-26%)	6.5% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-65%)	3.7% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-80%)	-2.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-112%)	-3.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-116%)	-25.8% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-239%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Debt to Equity (x)	0.05x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-90%)	0.12x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-74%)	0.11x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-76%)	0.31x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-31%)	0.21x Excellent → Excellent Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-52%)	0.19x Excellent → Excellent Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-58%)	0.18x Excellent → Excellent Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-59%)	0.25x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-43%)	0.15x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-67%)	0.15x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-66%)	0.21x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-54%)	—	0.41x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-8%)	—	—	—
Interest Coverage (x)	-21.99x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-14.35x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-4.39x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-9.34x Weak → Weak Stable Operating income divided by interest expense Optimal: > 5x	-10.10x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-8.67x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-9.02x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-9.74x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	101.34x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	13.41x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	13.21x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	15.76x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	-0.27x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	0.13x Weak Weak Operating income divided by interest expense Optimal: > 5x	-2.79x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-172.16M	$-40.75M	$-22.17M	$32.39M	$20.03M	$8.74M	$-10.05M	$28.27M	$-33.41M	$-15.26M	$5.92M	$-32.17M	$4.10M	$-10.72M	$-1.77M	$-4.49M
Debt / EBITDA (x)	-1.24x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.53x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.07x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.57x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.71x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-2.12x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.98x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.55x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.46x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.95x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.51x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	8.72x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Revenue per Share (USD)	$7.57	$6.00	$6.81	$8.00	$7.86	$10.73	$9.55	$13.61	$20.02	$15.16	$12.15	$9.12	$7.87	—	—	—
Basic EPS, GAAP (USD)	$-0.64	$-4.50	$-1.75	$-2.38	$-2.01	$-2.67	$-3.31	$-0.11	$3.87	$1.82	$0.69	$0.30	$-0.14	—	—	—
Free Cash Flow per Share (USD)	$-5.87	$-2.72	$-0.53	$-0.62	$-0.73	$-2.73	$-1.53	$-2.94	$0.91	$0.45	—	—	—	—	—	—
Book Value per Share (USD)	$9.79	$4.64	$5.63	$6.45	$9.32	$11.07	$13.59	$16.61	$17.13	$12.36	$9.82	$7.76	$4.99	$116.57	—	—
Tangible Book Value per Share (USD)	$9.79	$4.64	$5.63	$6.45	$9.32	$11.07	$13.59	$16.41	$16.93	$12.14	$9.59	$7.50	$4.92	$113.58	—	—
Basic Weighted Avg Shares (shares)	60.18M	41.54M	31.94M	27.85M	26.91M	21.87M	19.98M	19.65M	19.10M	17.20M	15.63M	14.31M	9.96M	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Working Capital (USD)	$418.44M	$131.20M	$79.25M	$44.58M	$85.12M	$106.02M	$101.45M	$116.86M	$158.95M	$97.58M	$79.85M	$64.64M	$38.88M	$13.67M	—	—
LT Debt (USD)	$33.98M	$26.68M	$23.20M	$57.07M	$54.69M	$52.17M	$49.92M	$83.92M	$49.52M	$34.96M	$34.00M	—	$26.11M	—	—	—
Total Equity (USD)	$733.92M	$229.11M	$214.87M	$184.67M	$254.57M	$277.89M	$273.79M	$329.09M	$333.28M	$227.38M	$165.40M	$115.01M	$63.08M	$31.01M	$20.68M	$21.04M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Sales/Revenue/Turnover (USD)	$455.71M	$249.37M	$217.65M	$222.82M	$211.56M	$234.62M	$190.87M	$267.46M	$382.33M	$260.71M	$189.90M	$130.45M	$78.42M	$63.42M	$47.84M	—
Depreciation Expense (USD)	$27.20M	$20.20M	$19.70M	$22.60M	$24.80M	$24.20M	$23.50M	$29.20M	$19.90M	$13.70M	$9.00M	$5.80M	$3.30M	$2.90M	$3.10M	—
Net Income, GAAP (USD)	$-38.23M	$-186.73M	$-56.05M	$-66.40M	$-54.16M	$-58.45M	$-66.05M	$-2.15M	$73.95M	$31.23M	$10.79M	$4.28M	$-1.41M	$-945.00K	$-5.33M	—
Operating Cash Flow (USD)	$-174.43M	$-69.53M	$-7.93M	$-14.02M	$-11.64M	$-44.01M	$-1.75M	$14.03M	$84.28M	$57.10M	—	—	—	—	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 16 years · 57 quarters

APPLIED OPTOELECTRONICS, INC.

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