# Applied Optoelectronics share price today (Applied Optoelectronics, Inc., AAOI)

> Applied Optoelectronics, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. AAOI · Technology · Communication Equipment · data as of 4 November 2026. Page: https://www.sectoralpha.in/us/stocks/aaoi

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Price: $59.27 (+107.5% in a year)
- Revenue (Jun 2026): $192 M (+86.4% on a year ago)
- Profit (Jun 2026): −$22.8 M
- Operating margin: −12.9% (+2.6 points on a year ago)
- ROE: −5%, FY25
- ROIC: −5.6%, against a 24.9% cost of capital: −30.5 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Applied Optoelectronics share price today? Applied Optoelectronics, Inc.'s share price was $59.27 at the close on 4 November 2026. It has been moving sideways for 5 weeks. That is 48.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between $21 and $190, and at that close it sat 23% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 18 weeks running. Over the last 10 years the share price moved +425% while the S&P 500 moved +261%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 2 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Applied Optoelectronics pay? Applied Optoelectronics, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Applied Optoelectronics on? Applied Optoelectronics is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Applied Optoelectronics profitable? Applied Optoelectronics, Inc. posted a net loss of $22.8 M in the Jun 2026 quarter. The full FY25 year was a loss of $38.2 M. That loss is 11.9% of the quarter's revenue. The same quarter a year earlier lost $9.1 M. 12 of the last 12 reported quarters were loss-making. ## How much revenue does Applied Optoelectronics make, and is it growing? Applied Optoelectronics, Inc. reported $192 M of revenue in the Jun 2026 quarter, +86.4% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 4 years it has grown 21.1% a year on average. The last full year, FY25, came in at $456 M. The last four reported quarters add to $596 M. FY25 revenue was $456 M, +82.8% on the year before. Recent pace: the last four quarters grew +63.5% on average, against 21.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +61.8%, against +69.7% a year over the last 8 quarters (rolling over). ## How much of every $100 of sales does Applied Optoelectronics keep? Applied Optoelectronics, Inc.'s operating margin was −12.9% in the Jun 2026 quarter, 2.6 percentage points higher than the same quarter a year ago. Across 5 years it has been between −28.4% and −12.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +2.6 percentage points on the year while gross margin changed −2.6 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Applied Optoelectronics' profit turning into cash? Applied Optoelectronics, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 its operations used $174 M of cash, against −$38.2 M of profit. After $210 M of spending on assets, free cash was −$385 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Applied Optoelectronics' cash go? Applied Optoelectronics, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $275 M on assets over the last 3 years. Averaged over those years that is 20.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $275 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Applied Optoelectronics' P/E ratio, and how does it compare with its own history? Applied Optoelectronics, Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Applied Optoelectronics, Inc. at 11.8× its FY25 revenue of $456 M. The P/E comes back here once profit turns positive. ## Is the Applied Optoelectronics business getting better or worse? Applied Optoelectronics, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Applied Optoelectronics earn on its capital? Applied Optoelectronics, Inc. earned a ROE of −5% in FY25. That is up from a low of −82% in FY24. Its return on capital used (ROIC) is 30.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −8.4% net margin and 0.39× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −8.4% net margin × 0.39× asset turnover × 1.59× leverage (assets divided by equity) ≈ −5.2% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: −5.6% − 24.9% = −30.5 percentage points. The 24.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The −5.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at −9.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Applied Optoelectronics have too much debt? Applied Optoelectronics, Inc. has total debt of $300 M against shareholder equity of $1.7 B as of Jun 2026, so its debt is 0.18× its equity, which is very little. Year by year, that ratio went from 0.59 in FY21 to 0.34 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Applied Optoelectronics shareholding pattern? 18.8% of Applied Optoelectronics, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 1.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Applied Optoelectronics from balance-sheet trouble? For Applied Optoelectronics, Inc., the Z-score is 5.19. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 5.19 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Applied Optoelectronics rank in its industry? 37.9 out of 100, rank 26 of 29 in Communication Equipment, with 61% of the evidence available. Applied Optoelectronics, Inc. scores 37.9 out of 100 against the 29 companies it is compared with in Communication Equipment, ranking 26. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 21.7 + 4.6 + 10 + 1.6 = 37.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Applied Optoelectronics compared with? Applied Optoelectronics ranks 26 of 29 Communication Equipment companies on the 4-Factor Sector Score, with 37.9 out of 100. 1. [Cisco Systems, Inc.](https://www.sectoralpha.in/us/stocks/csco) CSCO · quiet · Most evidence points up · 85% evidence 72.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.1/35 · Revenue 11.8% · Profit 30.3% · Operating margin change 6.6 points · 95% evidence Capital efficiency 19.6/25 · ROCE 18.2% · Operating margin 27.7% · 76% evidence Valuation 12.8/20 · P/E 33.9× · PEG 1.09 · 65% evidence Relative strength 15.6/20 · Lead over its industry 11.2% · Lead over S&P 500 1.1% · 1 year 45.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.1 + 19.6 + 12.8 + 15.6 = 72.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Zebra Technologies Corporation](https://www.sectoralpha.in/us/stocks/zbra) ZBRA · losing its lead · Too little evidence to rank firmly · 58% evidence 71.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue n/a · Profit n/a · Operating margin change 6.7 points · 45% evidence Capital efficiency 19.8/25 · ROCE 20.9% · Operating margin 21.3% · 76% evidence Valuation 10.3/20 · P/E 23.6× · PEG n/a · 15% evidence Relative strength 18.5/20 · Lead over its industry 23.3% · Lead over S&P 500 13.8% · 1 year 28.1% · 100% evidence · 11 of 12 weeks ahead Exact sum: 23.1 + 19.8 + 10.3 + 18.5 = 71.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 3. [Motorola Solutions, Inc.](https://www.sectoralpha.in/us/stocks/msi) MSI · leader · Too little evidence to rank firmly · 58% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.4/35 · Revenue n/a · Profit n/a · Operating margin change 0.8 points · 45% evidence Capital efficiency 20.6/25 · ROCE 22.9% · Operating margin 27.4% · 76% evidence Valuation 9.7/20 · P/E 32.9× · PEG n/a · 15% evidence Relative strength 18.7/20 · Lead over its industry 17.9% · Lead over S&P 500 8.7% · 1 year 27.2% · 100% evidence · 10 of 12 weeks ahead Exact sum: 16.4 + 20.6 + 9.7 + 18.7 = 65.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Ubiquiti Inc.](https://www.sectoralpha.in/us/stocks/ui) UI · quiet · Evidence leans up · 81% evidence 62.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue 27.2% · Profit 35% · Operating margin change 1.9 points · 83% evidence Capital efficiency 21.9/25 · ROCE 75.4% · Operating margin 36.3% · 76% evidence Valuation 13.7/20 · P/E 33.7× · PEG 0.97 · 65% evidence Relative strength 8.0/20 · Lead over its industry -12% · Lead over S&P 500 -19.3% · 1 year -9.3% · 100% evidence · 4 of 12 weeks ahead Exact sum: 19.1 + 21.9 + 13.7 + 8 = 62.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Hewlett Packard Enterprise Company](https://www.sectoralpha.in/us/stocks/hpe) HPE · losing its lead · Evidence leans up · 85% evidence 61.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.5/35 · Revenue 26.6% · Profit 100% · Operating margin change 7.2 points · 95% evidence Capital efficiency 12.1/25 · ROCE 6.6% · Operating margin 12.6% · 76% evidence Valuation 5.9/20 · P/E 23.7× · PEG 3.75 · 65% evidence Relative strength 16.9/20 · Lead over its industry 41.6% · Lead over S&P 500 27% · 1 year 113.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 26.5 + 12.1 + 5.9 + 16.9 = 61.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Extreme Networks, Inc.](https://www.sectoralpha.in/us/stocks/extr) EXTR · quiet · Evidence leans up · 74% evidence 59.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Revenue 12.6% · Profit n/a · Operating margin change 7 points · 62% evidence Capital efficiency 13.7/25 · ROCE 12.5% · Operating margin 6.4% · 76% evidence Valuation 5.6/20 · P/E 100.5× · PEG 3.23 · 65% evidence Relative strength 17.5/20 · Lead over its industry 12.9% · Lead over S&P 500 2.3% · 1 year 31.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.2 + 13.7 + 5.6 + 17.5 = 59 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Harmonic Inc.](https://www.sectoralpha.in/us/stocks/hlit) HLIT · basing · Too little evidence to rank firmly · 56% evidence 56.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Revenue n/a · Profit n/a · Operating margin change 10.3 points · 39% evidence Capital efficiency 14.3/25 · ROCE 11.9% · Operating margin 18% · 76% evidence Valuation 11.1/20 · P/E -24.2× · PEG n/a · 15% evidence Relative strength 9.1/20 · Lead over its industry -6.4% · Lead over S&P 500 -14.5% · 1 year 2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.2 + 14.3 + 11.1 + 9.1 = 56.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 8. [Digi International Inc.](https://www.sectoralpha.in/us/stocks/dgii) DGII · losing its lead · Evidence leans up · 81% evidence 54.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.4/35 · Revenue 19.9% · Profit 16.7% · Operating margin change 2.6 points · 83% evidence Capital efficiency 14.1/25 · ROCE 8.7% · Operating margin 16.5% · 76% evidence Valuation 4.2/20 · P/E 58× · PEG 5.51 · 65% evidence Relative strength 17.0/20 · Lead over its industry 27.7% · Lead over S&P 500 15.6% · 1 year 105% · 100% evidence · 6 of 12 weeks ahead Exact sum: 19.4 + 14.1 + 4.2 + 17 = 54.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Ciena Corporation](https://www.sectoralpha.in/us/stocks/cien) CIEN · quiet · Evidence leans up · 85% evidence 54.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.7/35 · Revenue 32.6% · Profit 100% · Operating margin change 11.9 points · 95% evidence Capital efficiency 17.0/25 · ROCE 12.9% · Operating margin 18.1% · 76% evidence Valuation 4.4/20 · P/E 81.6× · PEG 4.67 · 65% evidence Relative strength 2.2/20 · Lead over its industry -21.4% · Lead over S&P 500 -30.1% · 1 year 36.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 30.7 + 17 + 4.4 + 2.2 = 54.3 · What this means: Earnings are strong; relative strength in its sector is -21.4% and the one-year return is 36.5%. 10. [Lumentum Holdings Inc.](https://www.sectoralpha.in/us/stocks/lite) LITE · losing its lead · Evidence leans up · 64% evidence 52.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.7/35 · Revenue 83.2% · Profit n/a · Operating margin change 28.7 points · 62% evidence Capital efficiency 13.4/25 · ROCE 11.3% · Operating margin 28% · 76% evidence Valuation 8.7/20 · P/E 114.5× · PEG n/a · 15% evidence Relative strength 4.8/20 · Lead over its industry -5.3% · Lead over S&P 500 -16.2% · 1 year 161.1% · 100% evidence · 6 of 12 weeks ahead Exact sum: 25.7 + 13.4 + 8.7 + 4.8 = 52.6 · What this means: Earnings are strong; relative strength in its sector is -5.3% and the one-year return is 161.1%. 11. [Belden Inc.](https://www.sectoralpha.in/us/stocks/bdc) BDC · quiet · Evidence leans down · 81% evidence 47.9 out of 100 Growth Capital Valuation Relative
12. [Clearfield, Inc.](https://www.sectoralpha.in/us/stocks/clfd) CLFD · turning · Too little evidence to rank firmly · 56% evidence 47.8 out of 100 Growth Capital Valuation Relative
13. [BK Technologies Corporation](https://www.sectoralpha.in/us/stocks/bkti) BKTI · basing · Evidence leans down · 81% evidence 47.4 out of 100 Growth Capital Valuation Relative
14. [Viavi Solutions Inc.](https://www.sectoralpha.in/us/stocks/viav) VIAV · quiet · Evidence leans down · 71% evidence 46.1 out of 100 Growth Capital Valuation Relative
15. Silicom Ltd. SILC · losing its lead · Evidence leans down · 64% evidence 46.0 out of 100 Growth Capital Valuation Relative
16. [Lantronix, Inc.](https://www.sectoralpha.in/us/stocks/ltrx) LTRX · quiet · Evidence leans down · 64% evidence 45.2 out of 100 Growth Capital Valuation Relative
17. [Aviat Networks, Inc.](https://www.sectoralpha.in/us/stocks/avnw) AVNW · basing · Too little evidence to rank firmly · 58% evidence 44.4 out of 100 Growth Capital Valuation Relative
18. [AudioCodes Ltd.](https://www.sectoralpha.in/us/stocks/audc) AUDC · quiet · Evidence leans down · 74% evidence 43.9 out of 100 Growth Capital Valuation Relative
19. [Viasat, Inc.](https://www.sectoralpha.in/us/stocks/vsat) VSAT · quiet · Evidence leans down · 64% evidence 43.6 out of 100 Growth Capital Valuation Relative
20. [Gilat Satellite Networks Ltd.](https://www.sectoralpha.in/us/stocks/gilt) GILT · quiet · Evidence leans down · 81% evidence 43.3 out of 100 Growth Capital Valuation Relative
21. [Nokia Oyj](https://www.sectoralpha.in/us/stocks/nok) NOK · quiet · Evidence leans down · 75% evidence 42.7 out of 100 Growth Capital Valuation Relative
22. [Frequency Electronics, Inc.](https://www.sectoralpha.in/us/stocks/feim) FEIM · losing its lead · Evidence leans down · 75% evidence 41.4 out of 100 Growth Capital Valuation Relative
23. [AST SpaceMobile, Inc.](https://www.sectoralpha.in/us/stocks/asts) ASTS · quiet · Evidence leans down · 64% evidence 40.5 out of 100 Growth Capital Valuation Relative
24. [NETGEAR, Inc.](https://www.sectoralpha.in/us/stocks/ntgr) NTGR · quiet · Evidence leans down · 64% evidence 38.9 out of 100 Growth Capital Valuation Relative
25. [ADTRAN Holdings, Inc.](https://www.sectoralpha.in/us/stocks/adtn) ADTN · basing · Evidence leans down · 64% evidence 38.6 out of 100 Growth Capital Valuation Relative
26. Applied Optoelectronics, Inc. this page AAOI · quiet · Evidence leans down · 61% evidence 37.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.7/35 · Revenue 62% · Profit n/a · Operating margin change 2.6 points · 62% evidence Capital efficiency 4.6/25 · ROCE -3.6% · Operating margin -12.9% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 1.6/20 · Lead over its industry -32.6% · Lead over S&P 500 -41.9% · 1 year 107.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.7 + 4.6 + 10 + 1.6 = 37.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 27. [Ondas Inc.](https://www.sectoralpha.in/us/stocks/onds) ONDS · quiet · Evidence leans down · 64% evidence 36.5 out of 100 Growth Capital Valuation Relative
28. [Telesat Corporation](https://www.sectoralpha.in/us/stocks/tsat) TSAT · losing its lead · Most evidence points down · 64% evidence 34.8 out of 100 Growth Capital Valuation Relative
29. [Vistance Networks, Inc.](https://www.sectoralpha.in/us/stocks/visn) VISN · basing · Most evidence points down · 65% evidence 31.4 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Communication Equipment](https://www.sectoralpha.in/us/sectors/communication-equipment), all 29 compared on one page. ## Which companies are close to Applied Optoelectronics in size? Applied Optoelectronics is the 13th largest of 30 Communication Equipment companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: AST SpaceMobile, Inc., Viasat, Inc. and Viavi Solutions Inc. Just below it: Belden Inc., Ondas Inc. and Extreme Networks, Inc. ### Communication Equipment companies close in size

1. [AST SpaceMobile, Inc.](https://www.sectoralpha.in/us/stocks/asts) $13.9 billion
2. [Viasat, Inc.](https://www.sectoralpha.in/us/stocks/vsat) $9.2 billion
3. [Viavi Solutions Inc.](https://www.sectoralpha.in/us/stocks/viav) $7.2 billion
4. Applied Optoelectronics, Inc. $5.4 billion
5. [Belden Inc.](https://www.sectoralpha.in/us/stocks/bdc) $4.1 billion
6. [Ondas Inc.](https://www.sectoralpha.in/us/stocks/onds) $3 billion
7. [Extreme Networks, Inc.](https://www.sectoralpha.in/us/stocks/extr) $3 billion

[All 30 Communication Equipment companies, largest first](https://www.sectoralpha.in/us/sectors/communication-equipment#all-companies)

### Companies close in size in other industries

1. [Main Street Capital Corporation](https://www.sectoralpha.in/us/stocks/main) $5.4 billion · Asset Management
2. [BillionToOne, Inc.](https://www.sectoralpha.in/us/stocks/blln) $5.4 billion · Diagnostics & Research
3. Applied Optoelectronics, Inc. $5.4 billion
4. [Axos Financial, Inc.](https://www.sectoralpha.in/us/stocks/ax) $5.4 billion · Banks - Regional
5. [BGC Group, Inc.](https://www.sectoralpha.in/us/stocks/bgc) $5.4 billion · Capital Markets

## What else do people ask about Applied Optoelectronics? ### What were Applied Optoelectronics's latest quarterly results? Applied Optoelectronics, Inc. reported revenue of $192 M and a net loss of $22.8 M for the Jun 2026 quarter. Earnings per share were −$0.28. The operating margin was −12.9%, 2.6 percentage points higher than a year earlier (as of 4 November 2026). ### What is Applied Optoelectronics's market cap? Applied Optoelectronics, Inc.'s market capitalisation is $5.4 B at a stock price of $59.27. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Applied Optoelectronics performing? Applied Optoelectronics, Inc.'s share price has been moving sideways for 5 weeks. Over the past 13 weeks it has done worse than the S&P 500, for 18 weeks running. This describes what the data did, not a rating (as of 4 November 2026). ### Will Applied Optoelectronics's stock price go up? This page does not forecast Applied Optoelectronics, Inc.'s stock price. What it shows instead: the stock price is $59.27, and it has been moving sideways for 5 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026). ### Where is Applied Optoelectronics in its business cycle? Applied Optoelectronics, Inc.'s FY25 operating margin was −12.0%, against a 5-year range of −28.4% to −12.0%: the middle of its own range, neither a peak nor a low. The latest quarter was −12.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Applied Optoelectronics story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Applied Optoelectronics a stock worth studying right now? What the numbers show: Applied Optoelectronics, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

This is research, not advice. We’re not SEBI-registered.