Applied Optoelectronics financials
$100.67+3.98%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $191.9M | $151.1M | $134.3M | $118.6M | $103.0M | $99.9M | $100.3M | $65.2M | $43.3M | $40.7M | $60.5M | $62.5M |
| Gross profit | $53.2M | $43.9M | $41.9M | $33.3M | $31.2M | $30.5M | $28.7M | $15.9M | $9.6M | $7.6M | $21.6M | $20.2M |
| Gross margin | 27.7% | 29.1% | 31.2% | 28.0% | 30.3% | 30.6% | 28.7% | 24.4% | 22.1% | 18.7% | 35.7% | 32.3% |
| Operating income | -$24.7M | -$13.0M | -$11.5M | -$18.2M | -$16.0M | -$8.9M | -$6.5M | -$16.5M | -$26.2M | -$21.6M | -$4.5M | -$6.7M |
| Net income | -$22.8M | -$14.3M | -$2.0M | -$17.9M | -$9.1M | -$9.2M | -$119.7M | -$17.8M | -$26.1M | -$23.2M | -$13.9M | -$9.0M |
| Net margin | −11.9% | −9.4% | −1.5% | −15.1% | −8.8% | −9.2% | −119.4% | −27.3% | −60.4% | −57.0% | −22.9% | −14.3% |
| Diluted EPS | $-0.28 | $-0.19 | $-0.03 | $-0.28 | $-0.16 | $-0.18 | $-2.60 | $-0.42 | $-0.66 | $-0.60 | $-0.38 | $-0.27 |
| EBITDA | -$14.2M | -$3.8M | -$3.3M | -$10.8M | -$9.6M | -$3.2M | -$1.1M | -$11.3M | -$21.2M | -$16.7M | -$4.5M | -$1.7M |
| Operating cash flow | $11.6M | -$85.4M | -$29.6M | -$28.5M | -$65.5M | -$50.9M | -$24.6M | -$14.4M | -$2.0M | -$28.5M | $1.6M | -$15.3M |
| Free cash flow | -$273.9M | -$143.6M | -$104.6M | -$78.7M | -$91.0M | -$79.3M | -$53.0M | -$20.7M | -$5.0M | -$34.2M | -$4.6M | -$16.8M |
| Diluted shares | 81.6M | 76.0M | 70.6M | 63.3M | 56.8M | 50.0M | 46.1M | 42.3M | 39.4M | 38.4M | 36.6M | 32.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $499.7M | $439.7M | $206.1M | $137.0M | $64.7M | $51.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $188.1M | $170.7M | $163.8M | $158.1M | $188.2M | $156.4M |
| Total assets | $2.30B | $1.57B | $1.17B | $978.5M | $796.9M | $644.7M |
| Total liabilities | $633.2M | $459.9M | $434.5M | $419.4M | $371.9M | $335.7M |
| Shareholders' equity | $1.67B | $1.11B | $733.9M | $559.1M | $425.0M | $309.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology