Every 10-Q that Applied Optoelectronics, Inc. (AAOI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AAOI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AAOI filings page.
Applied Optoelectronics reported Q2 2026 revenue of $191,922 (in thousands) and a net loss of $22,781 (in thousands), or $(0.28) per share. For the first half of 2026, revenue was $343,066 (in thousands) with a net loss of $37,062 (in thousands), or $(0.47) per share. Gross margin was 27.7% in Q2.
Total assets grew to $2,301,192 (in thousands), including $499,737 (in thousands) of cash and cash equivalents and $697,086 (in thousands) of property, plant and equipment, reflecting major manufacturing expansion and capital equipment prepayments. Stockholders’ equity increased to $1,668,025 (in thousands), supported by substantial common stock offerings.
Operating activities used $73,781 (in thousands) of cash in the first half, while investing activities used $633,713 (in thousands), mainly for purchases and prepayments of equipment and facilities. Financing activities provided $980,279 (in thousands), primarily from equity issuances and credit facilities. Revenue remained concentrated, with the top three customers accounting for 43%, 26% and 24% of six‑month revenue.
Applied Optoelectronics reported strong top-line growth but remained unprofitable for the quarter ended March 31, 2026. Revenue rose to $151.1 million from $99.9 million, driven mainly by data center products, which more than doubled to $81.4 million and reached over half of total sales.
Gross profit increased to $43.9 million, though gross margin slipped to 29.1% from 30.6% as costs scaled with higher volume. Operating expenses climbed to $56.9 million, led by higher R&D and general and administrative spending to support growth, resulting in a net loss of $14.3 million versus a $9.2 million loss a year earlier.
Liquidity strengthened significantly: the company closed a public equity offering that added about $382.4 million of capital, lifting cash, cash equivalents and restricted cash to $449.4 million. AOI also detailed its $125 million 2.75% convertible notes due 2030 and maintained $61.7 million of unused borrowing capacity, while investing heavily in property, plant and equipment to expand manufacturing.
Applied Optoelectronics (AAOI) reported Q3 2025 results with revenue of $118.6 million versus $65.2 million a year ago and a net loss of $17.9 million (basic and diluted loss per share $0.28 vs $0.42). Gross profit was $33.3 million.
Year‑to‑date, revenue reached $321.4 million with a net loss of $36.2 million. Cash and cash equivalents were $136.9 million as of September 30, 2025, supported by net financing cash inflows of $348.2 million, including a public offering of common stock generating $342.6 million. Operating cash flow used was $144.9 million and investing used $125.7 million.
Q3 revenue mix was led by CATV $70.6M (59.5%) and Data Center $43.9M (37.0%). Accounts receivable were $224.0 million, with $193.7 million due from DigiComm. The company exchanged most 2026 convertibles into $125.0 million 2030 notes and retired the remaining 2026 notes on July 30, 2025 by issuing 239,404 shares. As of November 3, 2025, shares outstanding were 68,278,417.