Applied Optoelectronics (AAOI) Cost of Revenue (2013 - 2026)

Applied Optoelectronics' (AAOI) quarterly Cost of Revenue came in at $107.2 million in Q1 2026, up 54.7% year-on-year from $69.3 million in Q1 2025, and up 16.14% on a QoQ basis from $92.3 million in Q4 2025.

Applied Optoelectronics (AAOI) Cost of Revenue (2013 - 2026) Analysis & Trends

Applied Optoelectronics (AAOI) has 14 years of Cost of Revenue data on file, last reported at $107.2 million in Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 54.7% year-over-year to $107.2 million in Q1 2026; TTM through Mar 2026 was $356.7 million, a 59.39% increase from a year earlier, with the FY2025 full-year figure at $318.8 million, up 69.97% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $107.2 million, up from $92.3 million in the prior quarter.
  • Over the last five years, Cost of Revenue for AAOI reached as high as $107.2 million in Q1 2026 and fell as low as $33.1 million in Q1 2024.
  • Historically, Cost of Revenue has averaged $56.6 million across 5 years, with a median of $46.9 million in 2022.
  • Across the five-year window, Cost of Revenue dropped 29.82% in 2023 and surged 112.98% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $55.4 million in 2022, then slipped by 29.82% to $38.8 million in 2023, then jumped by 84.15% to $71.5 million in 2024, then gained by 29.06% to $92.3 million in 2025, then gained by 16.14% to $107.2 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $107.2 million in Q1 2026, $92.3 million in Q4 2025, and $85.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Cisco Systems 453.08 Bn 436.44 Bn 10.08 Bn 5.76 Bn
2 Motorola Solutions 70.40 Bn 69.51 Bn 1.36 Bn 1.35 Bn
3 Hewlett Packard Enterprise 64.04 Bn 59.20 Bn 9.10 Bn 204.00 Mn
4 Ciena 53.20 Bn 51.90 Bn 625.52 Mn 801.52 Mn
5 Lumentum Holdings 51.31 Bn 48.14 Bn 357.00 Mn 432.10 Mn
6 Nokia 49.83 Bn 42.52 Bn 9.86 Bn -9.85 Bn
7 Ubiquiti 32.53 Bn 32.16 Bn 370.71 Mn 417.49 Mn
8 Ericsson Lm Telephone 32.22 Bn 26.54 Bn 2.53 Bn 3.00 Bn
9 AST SpaceMobile 16.80 Bn 16.80 Bn 3.67 Mn 11.06 Mn
10 Applied Optoelectronics 7.44 Bn 7.00 Bn 43.92 Mn 107.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 107.23 Mn
Mar 31, 2026 107.23 Mn
Dec 31, 2025 92.33 Mn
Dec 31, 2025 92.33 Mn
Sep 30, 2025 85.37 Mn
Sep 30, 2025 85.37 Mn
Jun 30, 2025 71.79 Mn
Jun 30, 2025 71.79 Mn
Mar 31, 2025 69.32 Mn
Mar 31, 2025 69.32 Mn
Dec 31, 2024 71.54 Mn
Dec 31, 2024 71.54 Mn
Sep 30, 2024 49.23 Mn
Sep 30, 2024 49.23 Mn
Jun 30, 2024 33.71 Mn
Jun 30, 2024 33.71 Mn
Mar 31, 2024 33.08 Mn
Mar 31, 2024 33.08 Mn
Dec 31, 2023 38.85 Mn
Dec 31, 2023 38.85 Mn