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Applied Optoelectronics, Inc. (AAOI) Stock: Price, Forecast & Analyst Target

Applied Optoelectronics, Inc. (AAOI) — MoonshotScore 29/100 (Weak band), calculated Oct 5, 2026. Price $115.59 (+7.71%), as of the Oct 2, 2026 trading session; market cap $9.28B. Expected results Nov 5, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 18.57× (market value Oct 2, 2026; cash Jun 30, 2026) · expected results Nov 5, 2026

$115.59 +$8.27 (+7.71%) Market Cap $9.28B

Applied Optoelectronics, Inc. · AAOI · NASDAQ · Technology · Communication Equipment

Research dated 2026-09-13: Applied Optoelectronics manufactures optical modules, laser components and networking systems used by internet data centers, cable networks, telecom-equipment makers and service providers. Unlike a generic communications-equipment supplier, it participates from optical components and transceivers through complete cable headend, node and distribution systems. Accelerating optical demand now has to absorb rising research, commercial and capital spending before it can produce durable operating profit and free cash flow.

Price as of Oct 2, 2026

Key Statistics

29 of 100

MoonshotScore v2 · Applied Optoelectronics (AAOI)

Weak
Business Quality Thin (35)
Financial Safety Fragile (14)
Valuation Rich (28)
Growth Durability Fading (30)
Momentum Rising (79)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

Strong price action running well ahead of the business — a fragile balance sheet underneath; a move to treat with suspicion, not chase. Business Quality: Thin; Financial Safety: Fragile; Valuation: Rich; Growth Durability: Fading; Momentum: Rising.

  • quarterly revenue $192M (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 4 of 8
  • Altman Z 9.04 · Piotroski F 2

Holding back: balance-sheet strain, a rich price, soft growth

Helping: positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for AAOI (29 recorded, newest six shown)
RecordedScoreBand
28Weak
28Weak
28Weak
28Weak
29Weak
29Weak

The score was 29 in the stored Oct 4, 2026 snapshot and remains 29 in the current publication computed Oct 5, 2026 (0); the largest pillar moves were Growth Durability +5; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged. This current publication is not yet represented in the immutable snapshot archive.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

As of
MeasureValue
Latest provided price$115.59
Change on the day+7.71%
52-week range$18.50–$233.67
Market capitalisation$9.28B
Price / earnings (trailing)33.20
Shares traded on the day11.07M
Beta (volatility vs the S&P 500)3.78

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $21, high $190, latest $116. 4 reported quarters marked, 3 above and 1 below the recorded estimate. 1 other dated event marked. $190 $21 high $190 Nov 6, 2025 · Earnings results · reported above the recorded estimate · close $291Feb 26, 2026 · Earnings results · reported above the recorded estimate · close $842May 7, 2026 · Earnings results · reported below the recorded estimate · close $1493Aug 6, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $1364Aug 6, 2026 · Earnings results · reported above the recorded estimate · close $1365 Sep 5, 2025 Oct 2, 2026 · $116 $24Sep 5, 2025$29Sep 19, 2025$28Oct 3, 2025$32Oct 17, 2025$36Oct 31, 2025$21Nov 14, 2025$27Nov 28, 2025$32Dec 12, 2025$37Dec 26, 2025$34Jan 9, 2026$36Jan 23, 2026$44Feb 6, 2026$52Feb 20, 2026$96Mar 6, 2026$88Mar 20, 2026$104Apr 2, 2026$159Apr 17, 2026$184May 1, 2026$190May 15, 2026$158May 29, 2026$169Jun 12, 2026$136Jun 26, 2026$120Jul 10, 2026$100Jul 24, 2026$136Aug 7, 2026$125Aug 21, 2026$106Sep 4, 2026$105Sep 18, 2026$116Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · below the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • We continue to believe our 2026 revenue will be around $1.1 billion this year.

    Chih-Hsiang Lin · Statement from

  • Even with this temporary weakness in 100 gs, we continue to believe that by mid 2027, 100G and 400 g revenue will be approximately $90 million. 800G revenue will be approximately $217 million.

    Stefan J. Murry · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Council Score · weighted blend of 2 available disciplines

Council score for Applied Optoelectronics (AAOI): Bearish Lean

34/100 · D

Some lenses disagree with the MoonshotScore. Compare their readings below; each uses a different method.

5-Factor Breakdown

Growth Durability Weak
Momentum Moderate
Business Quality Weak
Financial Safety Negative
Valuation Weak

Legends Council

4 lenses, 4 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Griffin-style lens (simulated) Ken Griffin Favorable read
Englander-style lens (simulated) Izzy Englander Unfavorable read
Klarman-style lens (simulated) Seth Klarman Unfavorable read
Moon AI lens (model) Neutral read

Read on: Oct 4, 2026

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Fairly Valued
Profit Margin Weak
Revenue Growth Strong
Debt/Equity Moderate
ROE Negative
Gross Margin Neutral

Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

One of these lenses reads this company more favourably than the MoonshotScore does: Griffin-style lens. Each lens is a separate scoring function over its own inputs, so a disagreement is a difference of method rather than a correction — the page's answer stays the MoonshotScore above.

On Sep 9, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the AAOI film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Applied Optoelectronics (AAOI), and what does it report?

Short answer · as of

Revenue measures shipments into distinct deployment cycles: optical connectivity for data-center operators, cable-access infrastructure and a much smaller telecom stream.

Research dated 2026-09-13.

Revenue measures shipments into distinct deployment cycles: optical connectivity for data-center operators, cable-access infrastructure and a much smaller telecom stream. Cable television currently contributes the largest segment, with data center close behind; that mix makes AAOI a supplier to network buildouts rather than a software-like recurring-revenue business.

Products reach customers directly and through partners, while the catalog spans lasers, subassemblies, transceivers and complete systems. Reported sales therefore blend component volumes with higher-level equipment orders, allowing different end markets and product layers to influence aggregate growth simultaneously.

Sources (as of 2026-09-13): Business description; Sector / industry (provider taxonomy); Revenue by segment

2 · Latest results

What do the latest results show for Applied Optoelectronics (AAOI)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $192M.

Research dated 2026-09-13.

Sales have climbed through successive reported periods from a much lower base, and gross profit has risen with them. The latest period also delivered positive operating cash flow and surpassed the available revenue and earnings expectations, showing stronger throughput without yet establishing GAAP profitability.

Operating and net losses widened in the latest period as research and selling and administrative expense stepped up. The annual record had shown surging revenue alongside a materially narrower net loss, but the latest cost increase interrupted a clean progression toward operating leverage.

Management’s forward outlook calls for substantial cable revenue and growth across several generations of data-center optics, followed by another pronounced sales increase and a modestly firmer non-GAAP gross margin range.

Sources (as of 2026-09-13): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$191.92M Jun 30, 2026
Latest quarter · R&D
$34.87M Jun 30, 2026
Latest quarter · SG&A
$43.06M Jun 30, 2026
Latest quarter · FMP standardized operating result
−$24.73M Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$191.92M$34.87M$43.06M−$24.73M
Mar 31, 2026$151.14M$25.66M$31.25M−$12.99M
Dec 31, 2025$134.27M$25.82M$27.63M−$11.50M
Sep 30, 2025$118.63M$21.27M$30.18M−$18.19M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$191.92M Aug 6, 2026
Latest report · revenue estimate
$190.48M Aug 6, 2026
Latest report · revenue vs estimate
Above estimate Aug 6, 2026
Latest report · EPS vs estimate
Above estimate Aug 6, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Aug 6, 2026$191.92M$190.48M$0.0600$0.0151
May 7, 2026$151.14M$156.98M−$0.0700−$0.0490
Feb 26, 2026$134.27M$132.28M−$0.0100−$0.1200
Nov 6, 2025$118.63M$131.56M−$0.0900−$0.1000

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$192M-$23M-$0.28 (diluted)
Q1 FY2026$151M-$14M-$0.19 (diluted)
Q4 FY2025$134M-$2M-$0.03 (diluted)
Q3 FY2025$119M-$18M-$0.28 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Applied Optoelectronics (AAOI)?

Short answer

Cash and short-term investments were $499.74M at the Jun 30, 2026 balance-sheet date. Operating cash flow was $11.57M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-13.

Liquidity provides a meaningful cushion: cash and short-term investments exceed total debt, leaving net cash, while short-term ratios indicate ample coverage. The cash balance has also expanded sharply, reducing immediate dependence on fresh financing.

That cushion does not establish a self-funding model. Operating cash flow was negative across much of the recent history before turning positive in the latest period, while capital spending surged and trailing free cash flow remained negative. The contrast between a comfortable distress screen and a weak quality screen fits this balance-sheet-versus-cash-generation tension.

A slower data-center module ramp or softer cable-equipment orders would leave AAOI carrying elevated research, commercial and capital investment without the anticipated profit conversion.

Sources (as of 2026-09-13): Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash against market value; Trailing twelve-month ratio set; Operating cash flow by quarter (USD millions); Distress and quality screens; Revenue by segment

Data-derived red flags

  • Negative return on equity (-6.1%) — the business is not currently generating profit on shareholder capital.
  • Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$11.57M Jun 30, 2026
Previous quarter · operating cash flow
−$85.35M Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$11.57M−$276.91M
Mar 31, 2026−$85.35M−$58.22M
Dec 31, 2025−$29.58M$104.05M
Sep 30, 2025−$28.46M−$50.35M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Applied Optoelectronics (AAOI)?

Short answer · as of

The next earnings report is expected on Nov 5, 2026.

Research dated 2026-09-13.

Near-term confirmation requires revenue to land within management’s guided range while cable contribution reaches its stated band and gross margin holds the expected range. The more demanding test is whether the earnings-history improvement appears in GAAP operating and net results, since the latest earnings measure was positive while the income statement remained loss-making.

Cash flow needs repetition: positive operating cash generation must persist and begin covering capital outlays. The forecast curve steepens sharply beyond the upcoming report, making cost absorption and cash conversion increasingly important alongside sales growth.

Recent current reports repeatedly cite material agreements, including debt-related items. Their effect on liquidity, obligations and expansion spending deserves attention as the operating ramp continues.

Sources (as of 2026-09-13): Next earnings report; Analyst revenue and earnings estimates (average); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Recent SEC filings; Most recent periodic reports

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. We continue to believe our 2026 revenue will be around $1.1 billion this year.

    Chih-Hsiang Lin ·

  2. Even with this temporary weakness in 100 gs, we continue to believe that by mid 2027, 100G and 400 g revenue will be approximately $90 million. 800G revenue will be approximately $217 million.

    Stefan J. Murry ·

  3. Looking ahead to Q3, we expect our CATV revenue will be between $100 million and $110 million Looking further ahead, we continue to expect to generate over $325 million annually in CATV.

    Stefan J. Murry ·

  4. We expect Q3 revenue to be between $255 million and $290 million representing 130% year over year growth at the midpoint. We expect non GAAP gross margin to be in the range of 29% to 30.5%.

    Stefan J. Murry ·

5 · Peer comparison

How does Applied Optoelectronics compare with its peers?

Short answer

Applied Optoelectronics's score ranks 6th of 6 in the bounded comparison shown, against 5 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-13.

Applied Optoelectronics spans layers that comparable specialists often separate: laser components and subassemblies, finished transceivers and turnkey cable-network systems. Its revenue mix is therefore less pure than that of a data-center optics vendor and less confined than that of a cable-access equipment supplier.

Financially, the company combines rapid sales expansion and substantial liquidity with continued GAAP losses and heavy capital demands. Revenue growth viewed in isolation misses the distinguishing issue: AAOI is funding a broad optical and access-equipment ramp before stable operating leverage is visible.

Sources (as of 2026-09-13): Business description; Revenue by segment; Annual revenue and net result (USD millions); Quarterly income statement (USD thousands); Cash, investments and debt; Trailing twelve-month ratio set; Operating cash flow by quarter (USD millions)

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Power Integrations, Inc. (POWI) Named competitor$54.46 Oct 2, 2026$3.03B66 5-pillar Oct 5, 2026
Vishay Intertechnology, Inc. (VSH) Named competitor$38.18 Oct 2, 2026$5.39B65 5-pillar Oct 5, 2026
Kulicke and Soffa Industries, Inc. (KLIC) Named competitor$100.77 Oct 2, 2026$5.27B65 5-pillar Oct 5, 2026
Ultra Clean Holdings, Inc. (UCTT) Named competitor$72.69 Oct 2, 2026$3.26B36 5-pillar Oct 5, 2026
MaxLinear, Inc. (MXL) Named competitor$105.93 Oct 2, 2026$9.61B32 5-pillar Oct 5, 2026
Applied Optoelectronics (AAOI) — this page$115.59$9.28B29
Viasat, Inc. (VSAT) Same industry, near in market value$72.00 Date unavailable$9.92B— Model unavailable
Viavi Solutions Inc. (VIAV) Same industry, near in market value$47.10 Date unavailable$11.6B— Model unavailable
Impinj, Inc. (PI) Same industry, near in market value$189.71 Date unavailable$5.80B— Model unavailable
Zebra Technologies Corporation (ZBRA) Same industry, near in market value$375.86 Date unavailable$17.9B— Model unavailable
Belden Inc. (BDC) Same industry, near in market value$112.46 Date unavailable$4.39B— Model unavailable
Ondas Holdings Inc. (ONDS) Same industry, near in market value$7.24 Date unavailable$4.13B— Model unavailable
AST SpaceMobile, Inc. (ASTS) Same industry, near in market value$58.45 Date unavailable$23.8B— Model unavailable

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Technology stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$178.00 – $190.00
Consensus target
$184.00
Median target
$184.00

Consensus record · Captured .

Measured against a quoted price of $115.59 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Sep 15, 2026

Transactions
94
Identified insiders
11
Purchases
0
Sales
27
Other transactions
67

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
68.2% Period end Jun 30, 2026
Previous quarter · ownership
69.9% Prior to period end Jun 30, 2026
Reporting holders
547 Period end Jun 30, 2026
Previous quarter · holders
426 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Blackrock, INC.6,450,270
Invesco Ltd.3,414,262
Vanguard Capital Management LLC3,363,001
Jane Street Group, LLC2,847,900
Marex Group PLC2,830,272

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Applied Optoelectronics (AAOI)?

Read these with our analysis →

AAOI Technology Stock FAQ

Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

Why is cable television central to Applied Optoelectronics rather than a legacy side business?

Cable television is currently the company’s largest disclosed revenue segment, ahead of data center, and management expects it to remain a substantial annual contributor. Headend, node and distribution equipment make cable infrastructure part of the operating core rather than an incidental product line.

Sources (as of 2026-09-13): Revenue by segment; Business description; Management outlook — dated call excerpts

Why can Applied Optoelectronics report positive earnings while its income statement shows a loss?

The earnings-history measure and GAAP diluted earnings use different presentations: the latest history entry is positive while the quarterly income statement remains negative. GAAP operating and net results therefore remain the cleaner evidence of whether higher sales are overcoming the cost base.

Sources (as of 2026-09-13): Reported versus estimated, last 8 quarters; Quarterly income statement (USD thousands)

How exposed is Applied Optoelectronics’ expansion to capital spending?

Recent capital outlays rose far beyond the latest positive operating cash inflow, after an extended stretch of operating cash consumption. The enlarged cash reserve provides funding capacity, but sustained internal funding still depends on better cash conversion.

Sources (as of 2026-09-13): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and short-term investments over time (USD millions); Trailing twelve-month ratio set

What would make Applied Optoelectronics’ high-speed transceiver ramp credible?

Data-center revenue and gross profit would need to rise together as management’s speed-generation milestones approach, followed by visible GAAP operating leverage and cash generation. Sales growth without those conversions would show expansion, but not yet durable economics.

Sources (as of 2026-09-13): Management outlook — dated call excerpts; Revenue by segment; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions)

What is the AAOI stock price today?

The last price recorded on this page for Applied Optoelectronics, Inc. (AAOI) is $115.59, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the AAOI price target?

The analyst consensus price target for Applied Optoelectronics, Inc. (AAOI) is $184.00 (range $178.00 to $190.00, median $184.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-13): Business description; Sector / industry (provider taxonomy); Revenue by segment; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions)

Sources — records for every figure on this page (84 figures)

The 84 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsChih-Hsiang Lin (Aug 6, 2026): We continue to believe our 2026 revenue will be around $1.1 billion this year. Stefan J. Murry (Aug 6, 2026): Even with this temporary weakness in 100 gs, we continue to believe that by mid 2027, 100G and 400 g revenue will be approximately $90 million. 800G revenue will be approximately $217 million. Stefan J. Murry (Aug 6, 2026): Looking ahead to Q3, we expect our CATV revenue will be between $100 million and $110 million Looking further ahead, we continue to expect to generate over $325 million annually in CATV. Stefan J. Murry (Aug 6, 2026): We expect Q3 revenue to be between $255 million and $290 million representing 130% year over year growth at the midpoint. We expect non GAAP gross margin to be in the range of 29% to 30.5%.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business addressSugar Land, TXOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "13139 Jess Pirtle Boulevard, Sugar Land, TX, 77478, US".

FMP — 74 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateNov 5, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$115.59FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T23:14:47.294Z.
px.changeChange on the day+7.71%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$9.28BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:01.000Z. Captured from FMP at 2026-10-04T23:14:37.796Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars+$8.27FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$192MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$18.50–$233.67FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)33.20FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day11.07MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta3.78FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveChih-Hsiang LinFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees4,691FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $211.57M, net result −$54.16M; FY2022 revenue $222.82M, net result −$66.40M; FY2023 revenue $217.65M, net result −$56.05M; FY2024 revenue $249.37M, net result −$186.73M; FY2025 revenue $455.72M, net result −$38.23MFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsCATV $245.12M · Telecom $13.73M · Data Center $195.65MFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)28.9%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$191.92MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.rd_kR&D — period end 2026-06-30$34.87MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$43.06MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30−$24.73MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$151.14MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.rd_kR&D — period end 2026-03-31$25.66MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$31.25MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31−$12.99MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$134.27MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.rd_kR&D — period end 2025-12-31$25.82MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$27.63MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31−$11.50MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$118.63MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.rd_kR&D — period end 2025-09-30$21.27MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$30.18MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30−$18.19MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-08-06.revenue_actualRevenue · reported — report date 2026-08-06$191.92MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-06.revenue_estimatedRevenue · estimate — report date 2026-08-06$190.48MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-06.eps_actualEPS · reported — report date 2026-08-06$0.0600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-06.eps_estimatedEPS · estimate — report date 2026-08-06$0.0151Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.revenue_actualRevenue · reported — report date 2026-05-07$151.14MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.revenue_estimatedRevenue · estimate — report date 2026-05-07$156.98MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.eps_actualEPS · reported — report date 2026-05-07−$0.0700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.eps_estimatedEPS · estimate — report date 2026-05-07−$0.0490Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-26.revenue_actualRevenue · reported — report date 2026-02-26$134.27MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-26.revenue_estimatedRevenue · estimate — report date 2026-02-26$132.28MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-26.eps_actualEPS · reported — report date 2026-02-26−$0.0100Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-26.eps_estimatedEPS · estimate — report date 2026-02-26−$0.1200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-06.revenue_actualRevenue · reported — report date 2025-11-06$118.63MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-06.revenue_estimatedRevenue · estimate — report date 2025-11-06$131.56MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-06.eps_actualEPS · reported — report date 2025-11-06−$0.0900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-06.eps_estimatedEPS · estimate — report date 2025-11-06−$0.1000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$499.74MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$11.57MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$264.54MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value5.65×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$11.57MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31−$85.35MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$276.91MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$58.22MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31−$29.58MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31$104.05MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30−$28.46MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$50.35MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$178.00 – $190.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$184.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$184.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP94 transactions · 0 purchases, 27 sales, 67 other transactions · 11 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Sep 15, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership68.2%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership69.9%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders547FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders426FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesBlackrock, INC. — shares in provider snapshot6,450,270FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesInvesco Ltd. — shares in provider snapshot3,414,262FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesVanguard Capital Management LLC — shares in provider snapshot3,363,001FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesJane Street Group, LLC — shares in provider snapshot2,847,900FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesMarex Group PLC — shares in provider snapshot2,830,272FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 4 of 8UNRECORDEDStored earnings-history observation — Captured 2026-09-14 · Expired observation
fin.scoresDistress and quality screensAltman Z 9.04 · Piotroski F 2UNRECORDEDStored financial-scores observation — Captured 2026-10-04 · Expired observation
fin.ratiosReturn and yield ratios (trailing twelve months)ROE -6.1% · ROA -3.3% · current ratio 3.83—UNRECORDEDStored key metrics — Date unknown

COMPUTED — 3 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments18.57×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $499.74M at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
earn.history.depth.2026-08-06.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($191.92M) with the recorded estimate ($190.48M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-08-06.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.0600) with the recorded estimate ($0.0151) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v229 of 100 · Weak · pillars 35 / 14 / 28 / 30 / 79OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement29 (stored snapshot Oct 4, 2026) → 29 (current publication computed Oct 5, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive.

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.rd_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.rd_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.rd_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.rd_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-08-06. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-08-06.revenue_actual, earn.history.depth.2026-08-06.revenue_estimated, earn.history.depth.2026-08-06.revenue_actual.comparison, earn.history.depth.2026-08-06.eps_actual.comparison, earn.history.depth.2026-08-06.eps_actual, earn.history.depth.2026-08-06.eps_estimated, earn.history.depth.2026-05-07.revenue_actual, earn.history.depth.2026-05-07.revenue_estimated, earn.history.depth.2026-05-07.eps_actual, earn.history.depth.2026-05-07.eps_estimated, earn.history.depth.2026-02-26.revenue_actual, earn.history.depth.2026-02-26.revenue_estimated, earn.history.depth.2026-02-26.eps_actual, earn.history.depth.2026-02-26.eps_estimated, earn.history.depth.2025-11-06.revenue_actual, earn.history.depth.2025-11-06.revenue_estimated, earn.history.depth.2025-11-06.eps_actual, earn.history.depth.2025-11-06.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-13

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Applied Optoelectronics, Inc. (AAOI) is a global technology firm specializing in the creation, production, and distribution of fiber-optic networking solutions. Its extensive product catalog features optical modules, a range of laser components, subassemblies, transceivers, and complete turn-key systems. The company also supplies critical infrastructure hardware such as headend, node, and distribution equipment. AAOI caters to a varied clientele, including internet data center operators, manufacturers of cable television and telecommunications equipment, and internet service providers, utilizing both direct and partner-based sales channels. Founded in 1997, Applied Optoelectronics, Inc. is headquartered in Sugar Land, Texas.
2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Sector / industry (provider taxonomy)
Technology / Communication Equipment

The company's SEC filings classify it under SIC 3674 — Semiconductors & Related Devices.

2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
CATV: $245.12M; Telecom: $13.73M; Data Center: $195.65M
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: -$0.28 per share, R&D: $34.87M, SG&A: $43.06M, EPS basic: -$0.28 per share, EPS basis: diluted, Revenue: $191.92M, EPS diluted: -$0.28 per share, Net result: -$22.78M, Gross profit: $53.21M, Operating result: -$24.73M
  • Quarter ended 2026-03-31 — EPS: -$0.19 per share, R&D: $25.66M, SG&A: $31.25M, EPS basic: -$0.19 per share, EPS basis: diluted, Revenue: $151.14M, EPS diluted: -$0.19 per share, Net result: -$14.28M, Gross profit: $43.92M, Operating result: -$12.99M
  • Quarter ended 2025-12-31 — EPS: -$0.0288 per share, R&D: $25.82M, SG&A: $27.63M, EPS basic: -$0.0288 per share, EPS basis: diluted, Revenue: $134.27M, EPS diluted: -$0.0288 per share, Net result: -$2.02M, Gross profit: $41.95M, Operating result: -$11.50M
  • Quarter ended 2025-09-30 — EPS: -$0.28 per share, R&D: $21.27M, SG&A: $30.18M, EPS basic: -$0.28 per share, EPS basis: diluted, Revenue: $118.63M, EPS diluted: -$0.28 per share, Net result: -$17.94M, Gross profit: $33.26M, Operating result: -$18.19M
  • Quarter ended 2025-06-30 — EPS: -$0.16 per share, R&D: $20.61M, SG&A: $26.53M, EPS basic: -$0.16 per share, EPS basis: diluted, Revenue: $102.95M, EPS diluted: -$0.16 per share, Net result: -$9.10M, Gross profit: $31.16M, Operating result: -$15.98M
  • Quarter ended 2025-03-31 — EPS: -$0.18 per share, R&D: $17.81M, SG&A: $21.67M, EPS basic: -$0.18 per share, EPS basis: diluted, Revenue: $99.86M, EPS diluted: -$0.18 per share, Net result: -$9.17M, Gross profit: $30.54M, Operating result: -$8.94M
  • Quarter ended 2024-12-31 — EPS: -$2.6 per share, R&D: $16.74M, SG&A: $18.46M, EPS basic: -$2.6 per share, EPS basis: diluted, Revenue: $100.27M, EPS diluted: -$2.6 per share, Net result: -$119.69M, Gross profit: $28.73M, Operating result: -$6.47M
  • Quarter ended 2024-09-30 — EPS: -$0.42 per share, R&D: $13.43M, SG&A: $19.04M, EPS basic: -$0.42 per share, EPS basis: diluted, Revenue: $65.15M, EPS diluted: -$0.42 per share, Net result: -$17.76M, Gross profit: $15.92M, Operating result: -$16.55M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$276.91M, Operating cash flow: $11.57M
  • Quarter ended 2026-03-31 — Capital expenditure: -$58.22M, Operating cash flow: -$85.35M
  • Quarter ended 2025-12-31 — Capital expenditure: $104.05M, Operating cash flow: -$29.58M
  • Quarter ended 2025-09-30 — Capital expenditure: -$50.35M, Operating cash flow: -$28.46M
  • Quarter ended 2025-06-30 — Capital expenditure: -$25.48M, Operating cash flow: -$65.47M
  • Quarter ended 2025-03-31 — Capital expenditure: -$28.45M, Operating cash flow: -$50.91M
  • Quarter ended 2024-12-31 — Capital expenditure: -$28.51M, Operating cash flow: -$24.62M
  • Quarter ended 2024-09-30 — Capital expenditure: -$6.06M, Operating cash flow: -$14.44M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $85.51M, Revenue: $455.72M, Period end: 2025-12-31, Net result: -$38.23M
  • FY2024 — R&D: $54.96M, Revenue: $249.37M, Period end: 2024-12-31, Net result: -$186.73M
  • FY2023 — R&D: $35.98M, Revenue: $217.65M, Period end: 2023-12-31, Net result: -$56.05M
  • FY2022 — R&D: $36.24M, Revenue: $222.82M, Period end: 2022-12-31, Net result: -$66.40M
  • FY2021 — R&D: $41.22M, Revenue: $211.57M, Period end: 2021-12-31, Net result: -$54.16M
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-08-06 — EPS actual: $0.06 per share, EPS estimated: $0.01513 per share, Revenue actual: $191.92M, Revenue estimated: $190.48M
  • Reported 2026-05-07 — EPS actual: -$0.07 per share, EPS estimated: -$0.049 per share, Revenue actual: $151.14M, Revenue estimated: $156.98M
  • Reported 2026-02-26 — EPS actual: -$0.01 per share, EPS estimated: -$0.12 per share, Revenue actual: $134.27M, Revenue estimated: $132.28M
  • Reported 2025-11-06 — EPS actual: -$0.09 per share, EPS estimated: -$0.1 per share, Revenue actual: $118.63M, Revenue estimated: $131.56M
  • Reported 2025-08-07 — EPS actual: -$0.16 per share, EPS estimated: -$0.08 per share, Revenue actual: $102.95M, Revenue estimated: $118.64M
  • Reported 2025-05-08 — EPS actual: -$0.02 per share, EPS estimated: -$0.04 per share, Revenue actual: $99.86M, Revenue estimated: $99.37M
  • Reported 2025-02-26 — EPS actual: -$0.02 per share, EPS estimated: -$0.02 per share, Revenue actual: $100.27M, Revenue estimated: $99.98M
  • Reported 2024-11-07 — EPS actual: -$0.21 per share, EPS estimated: -$0.17 per share, Revenue actual: $65.15M, Revenue estimated: $99.92M
2026-08-06FMPFinancial Modeling Prep (FMP) earnings
Management outlook — dated call excerpts
Captured record · 4 entries
  • Call of 2026-08-06 — Quote: We continue to believe our 2026 revenue will be around $1.1 billion this year., Speaker: Chih-Hsiang Lin
  • Call of 2026-08-06 — Quote: Even with this temporary weakness in 100 gs, we continue to believe that by mid 2027, 100G and 400 g revenue will be approximately $90 million. 800G revenue will be approximately $217 million., Speaker: Stefan J. Murry
  • Call of 2026-08-06 — Quote: Looking ahead to Q3, we expect our CATV revenue will be between $100 million and $110 million Looking further ahead, we continue to expect to generate over $325 million annually in CATV., Speaker: Stefan J. Murry
  • Call of 2026-08-06 — Quote: We expect Q3 revenue to be between $255 million and $290 million representing 130% year over year growth at the midpoint. We expect non GAAP gross margin to be in the range of 29% to 30.5%., Speaker: Stefan J. Murry

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-08-06OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Cash, investments and debt
Total debt: $264.54M; Liquidity basis: cash and short-term investments; Total liabilities: $633.17M; Cash and short-term investments: $499.74M; Cash and investments: $499.70M; Long-term investments: $0; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and investment components
Total basis: cash short and long-term investments; Total: $499.70M; Cash and short-term investments: $499.70M; Long-term investments: $0; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $499.70M, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $449.40M, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $216.00M, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $137.00M, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $64.70M, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $51.10M, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $67.40M, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $34.10M, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: $235.20M; Total debt: $264.50M; Cash and investments: $499.70M

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Trailing twelve-month ratio set
Quick ratio: 2.13; Current ratio: 2.78; Debt to equity: 0.16; Net margin: -9.6%; Gross margin: 28.9%; Operating margin: -11.3%; Return on assets: -2.5%; Return on equity: -5.6%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-13FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 8.26; Piotroski F-score: 2

Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading.

2026-09-13FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-11-05; EPS estimate: $0.14 per share; Revenue estimate: $268.11M

The date is our provider's estimate until the company confirms it.

2026-09-13FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2025 — EPS average: -$0.33 per share, Revenue average: $452.67M, Revenue low: $450.89M, Revenue high: $454.17M, Analysts (revenue): 4
  • FY2026 — EPS average: $0.74 per share, Revenue average: $1.05B, Revenue low: $1.01B, Revenue high: $1.10B, Analysts (revenue): 4
  • FY2027 — EPS average: $5.55 per share, Revenue average: $2.96B, Revenue low: $2.76B, Revenue high: $3.15B, Analysts (revenue): 3
  • FY2028 — EPS average: $10.67 per share, Revenue average: $5.11B, Revenue low: $4.68B, Revenue high: $5.82B, Analysts (revenue): 1
2026-09-13FMPFinancial Modeling Prep (FMP) analyst estimates
Recent SEC filings2026-09-10OFFICIALSEC EDGAR filer submissions
Most recent periodic reports2026-08-06OFFICIALSEC EDGAR filer submissions
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.