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    Applied Optoelectronics Inc (AAOI)

    Financials

    Updated May 8, 2025, 10:52 PM UTC
    Income Statement - MetricQ1 2014Q2 2014Q3 2014FY 2014Q1 2015Q2 2015Q3 2015FY 2015Q1 2016Q2 2016Q3 2016FY 2016Q1 2017Q2 2017Q3 2017FY 2017Q1 2018Q2 2018Q3 2018FY 2018Q3 2019FY 2019Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Revenue, Net (USD, thousands)60,453.00217,64640,67343,270.0065,151.00100,271.00249,36599,859
    Cost of Goods Sold (USD, thousands)38,849.00158,72533,08233,708.0049,233.0071,542.00187,56569,315
    Gross Profit (USD, thousands)21,604.0058,9217,5919,562.0015,918.0028,729.0061,80030,544
    Research and Development (USD, thousands)9,342.0035,97511,71213,078.0013,428.0016,737.0054,95517,810
    Sales and Marketing (USD, thousands)3,438.0011,0693,7985,909.004,796.003,651.0018,1545,357
    General and Administrative (USD, thousands)13,356.0053,22613,72716,818.0014,241.0014,813.0059,59916,314
    Total Operating Expenses (USD, thousands)26,136.00100,27029,23735,805.0032,465.0035,201.00132,70839,481
    Operating Loss (USD, thousands)(4,532.00)(41,349)(21,646)(26,243.00)(16,547.00)(6,472.00)(70,908)(8,937)
    Interest Income (USD, thousands)476.0060926093.00156.00365.00874224
    Interest Expense (USD, thousands)(3,127.00)(9,428)(1,676)(1,693.00)(1,703.00)(1,754.00)(6,826)(934)
    Other Income (Expense), Net (USD, thousands)(6,674.00)(5,871)(108)1,728.00337.00(111,828.00)(109,871)475
    Total Other Income (Expense), Net (USD, thousands)(9,325.00)(14,690)(1,524)128.00(1,210.00)(113,217.00)(115,823)(235)
    Loss Before Income Taxes (USD, thousands)(13,857.00)(56,039)(23,170)(26,115.00)(17,757.00)(119,689.00)(186,731)(9,172)
    Income Tax Expense (USD, thousands)(1.00)(9)----(2)-
    Net Loss (USD, thousands)(13,858.00)(56,048)(23,170)(26,115.00)(17,757.00)(119,691.00)(186,733)(9,172)
    Net Loss Per Share Basic (USD)(0.36)(1.75)(0.60)(0.67)(0.41)(2.82)(4.50)(0.18)
    Net Loss Per Share Diluted (USD)(0.36)(1.75)(0.60)(0.67)(0.41)(2.82)(4.50)(0.18)
    Balance Sheet - MetricQ1 2014Q2 2014Q3 2014FY 2014Q1 2015Q2 2015Q3 2015FY 2015Q1 2016Q2 2016Q3 2016FY 2016Q1 2017Q2 2017Q3 2017FY 2017Q1 2018Q2 2018Q3 2018FY 2018Q3 2019FY 2019Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Accounts Receivable, Trade, Net of Allowance (USD, thousands)48,07148,07157,47657,66175,154116,801116,801171,101
    Inventories (USD, thousands)63,86663,86654,32254,32264,38288,13588,135102,313
    Prepaid Expenses and Other Current Assets (USD, thousands)5,3495,3494,0784,4297,40917,19517,19518,617
    Total Current Assets (USD, thousands)172,605172,605133,635132,969188,363301,268301,268358,842
    Property, Plant and Equipment, Net (USD, thousands)200,317200,317199,941197,781205,303219,235219,235241,453
    Land Use Rights, Net (USD, thousands)5,0305,0304,9914,9394,9934,8374,8374,814
    Operating Right of Use Asset (USD, thousands)5,0265,0264,5524,2494,1029,6469,6469,216
    Intangible Assets, Net (USD, thousands)3,6283,6283,6103,6163,6633,6803,6803,634
    Other Assets, Net (USD, thousands)2,5802,5804,1874,4863,5488,3668,36626,709
    Total Assets (USD, thousands)389,186389,186350,916348,040409,972547,032547,032644,668
    Accounts Payable (USD, thousands)32,89232,89223,63933,51855,991104,969104,969124,866
    Bank Acceptance Payable (USD, thousands)15,48215,48210,7125,0489,93419,25919,25923,992
    Accrued Liabilities (USD, thousands)18,54918,54913,34517,21019,14022,09122,09120,488
    Current Lease Liability - Operating (USD, thousands)1,1491,1491,0951,0871,1151,3801,3801,349
    Current Portion of Notes Payable and Long-Term Debt (USD, thousands)23,19723,19724,12922,50629,48322,37022,37020,312
    Total Current Liabilities (USD, thousands)93,35893,35874,60980,939117,102170,069170,069191,007
    Convertible Senior Notes (USD, thousands)76,23376,23376,33176,69077,053134,497134,497134,229
    Total Liabilities (USD, thousands)174,317174,317155,190161,546197,886317,920317,920335,655
    Common Stock (USD, thousands)3838394145494953
    Additional Paid-in Capital (USD, thousands)478,972478,972484,663502,387543,492683,462683,462772,738
    Total Stockholders' Equity (USD, thousands)214,869214,869195,726186,494212,086229,112229,112309,013
    Total Liabilities and Stockholders' Equity (USD, thousands)389,186389,186350,916348,040409,972547,032547,032644,668
    Cash Flow - MetricQ1 2014Q2 2014Q3 2014FY 2014Q1 2015Q2 2015Q3 2015FY 2015Q1 2016Q2 2016Q3 2016FY 2016Q1 2017Q2 2017Q3 2017FY 2017Q1 2018Q2 2018Q3 2018FY 2018Q3 2019FY 2019Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net Loss (USD, thousands)(13,858.00)(56,048)(23,170)(26,115.00)(17,757.00)(119,691.00)(186,733)(9,172)
    Depreciation and Amortization (USD, thousands)4,928.0020,4274,9955,067.005,231.005,356.0020,6495,725
    Amortization of Debt Issuance Costs (USD, thousands)1,380.002,308315359.00363.00393.001,430296
    Loss (Gain) on Disposal of Assets (USD, thousands)49.005114.0028.0099.001328
    Share-Based Compensation (USD, thousands)3,297.0011,8842,8396,058.002,944.002,949.0014,7902,562
    Unrealized Foreign Exchange Loss (Gain) (USD, thousands)(730.00)(1,313)424(102.00)(347.00)714.00689250
    Net Cash Used in Operating Activities (USD, thousands)1,550.00(7,929)(28,481)(1,989.00)(14,440.00)(24,616.00)(69,526)(50,915)
    Purchase of Property, Plant and Equipment (USD, thousands)(6,164.00)(9,079)(5,761)(2,978.00)(6,288.00)(28,379.00)(43,406)(28,389)
    Purchase of Intangible Assets (USD, thousands)(162.00)(588)(121)(109.00)(144.00)(132.00)(506)(65)
    Net Cash Used in Investing Activities (USD, thousands)(9,603.00)(14,761)(8,072)(4,084.00)(9,271.00)(29,270.00)(50,697)(36,301)
    Principal Payments of Long-Term Debt and Notes Payable (USD, thousands)-(80,214)(251)0.000.000.00(251)(55)
    Proceeds from Line of Credit Borrowing (USD, thousands)10,579.0057,6267,99713,186.0014,456.0013,037.0048,6766,546
    Repayments of Line of Credit Borrowings (USD, thousands)(19,957.00)(91,791)(7,027)(14,702.00)(7,972.00)(15,077.00)(44,778)(11,143)
    Proceeds from Bank Acceptance Payable (USD, thousands)14,939.0057,05710,1754,937.009,719.0019,321.0044,15223,865
    Repayments of Bank Acceptance Payable (USD, thousands)(14,049.00)(53,748)(14,912)(10,575.00)(4,997.00)(9,684.00)(40,168)(19,178)
    Payments of Tax Withholding on Behalf of Employees Related to Share-Based Compensation (USD, thousands)(316.00)(956)(1,011)(1,659.00)(383.00)(1,280.00)(4,333)(1,686)
    Proceeds from Common Stock Offering, Net (USD, thousands)36,672.0068,9843,82616,120.0038,548.0087,799.00146,29371,665
    Net Cash Provided by Financing Activities (USD, thousands)31,302.0040,578(1,417)4,514.0049,371.0089,711.00142,17970,014
    Effect of Exchange Rate Changes on Cash (USD, thousands)607.001,622278272.00(411.00)1,941.002,0804,880
    Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (USD, thousands)23,856.0019,510(37,692)(1,287.00)25,249.0037,766.0024,036(12,322)
    Interest Paid (USD, thousands)2,044.008,098552,472.00108.002,305.004,940109
    Net Change in Accounts Payable Related to Property and Equipment Additions (USD, thousands)1,065.001,053(622)(108.00)319.001,472.001,061809
    Net Change in Deposits and Prepaid for Equipment Related to Property and Equipment Additions (USD, thousands)(824.00)(1,297)5299.00(28.00)(197.00)79(864)
    Allowance of Bad Debt (USD, thousands)(24)(24)(3)1,8361,802(2)(2)-
    Allowance for Obsolete Inventory (USD, thousands)--1,6073,0532,3863,4343,4341,872
    Cash, Cash Equivalents and Restricted Cash at Beginning of Period (USD, thousands)35,58735,58755,09755,09755,09755,09755,09779,133
    Cash, Cash Equivalents and Restricted Cash at End of Period (USD, thousands)55,09755,09717,40516,11841,36779,13379,13366,811
    Revenue by Segment - in Millions of USDQ1 2014Q2 2014Q3 2014FY 2014Q1 2015Q2 2015Q3 2015FY 2015Q1 2016Q2 2016Q3 2016FY 2016Q1 2017Q2 2017Q3 2017FY 2017Q1 2018Q2 2018Q3 2018FY 2018Q3 2019FY 2019Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Data Center44.48141.21328.9934.35240.94544.21148.532.049
    CATV12.5559.9428.745.81820.94752.287.764.501
    Telecom2.8213.8312.272.3792.7983.5511.02.937
    FTTH-0.0560.000.0000.000-0.0030
    Other0.62.6040.680.7210.4610.242.10.372
    Total Revenue60.45217.64640.6743.27065.151100.31249.499.859
    Revenue by Geography - in Millions of USDQ1 2014Q2 2014Q3 2014FY 2014Q1 2015Q2 2015Q3 2015FY 2015Q1 2016Q2 2016Q3 2016FY 2016Q1 2017Q2 2017Q3 2017FY 2017Q1 2018Q2 2018Q3 2018FY 2018Q3 2019FY 2019Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    United States1.830.7982.711.9671.664.5810.9211.15
    Taiwan29.68143.52824.7028.85934.6638.42126.63970.88
    China28.9843.32013.2612.44428.8357.27111.80527.83
    Total Revenue60.45217.64640.6743.27065.15100.28249.36599.86
    KPIs - Metric (Unit, Scale)Q1 2014Q2 2014Q3 2014FY 2014Q1 2015Q2 2015Q3 2015FY 2015Q1 2016Q2 2016Q3 2016FY 2016Q1 2017Q2 2017Q3 2017FY 2017Q1 2018Q2 2018Q3 2018FY 2018Q3 2019FY 2019Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Number of design wins (count)-6----8-
    Employee turnover rate in China factory (percentage)-53.8----17.2-
    Number of total patents issued (count)-326----335-