Applied Optoelectronics (AAOI) Debt to Equity (2013 - 2026)

Applied Optoelectronics (AAOI) reported Debt to Equity of $0.04 for Q1 2026, down 47.93% year-over-year from $0.07 in Q1 2025, and down 19.48% quarter-over-quarter from $0.05 in Q4 2025.

Applied Optoelectronics (AAOI) Debt to Equity (2013 - 2026) Analysis & Trends

Applied Optoelectronics (AAOI) has 14 years of Debt to Equity data on file, last reported at $0.04 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.04, down 47.93% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.04 (down 47.93% YoY), and the FY2025 annual result was $0.05, down 60.25% from the prior year.
  • Debt to Equity eased to $0.04 in Q1 2026 per AAOI's latest filing, from $0.05 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.45 in Q3 2023 and troughed at $0.0 in Q4 2023.
  • A 5-year average of $0.17 and a median of $0.12 in 2024 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2023 and 2024: Debt to Equity tumbled 99.57% in 2023, then jumped 8649.73% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $0.31 in 2022, then tumbled by 99.57% to $0.0 in 2023, then jumped by 8649.73% to $0.12 in 2024, then plunged by 60.25% to $0.05 in 2025, then declined by 19.48% to $0.04 in 2026.
  • Business Quant data shows AAOI's Debt to Equity at $0.04 in Q1 2026, $0.05 in Q4 2025, and $0.05 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 0.64
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 0.55
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 3.50
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 0.87
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 1.10
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn -
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 1.12
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 0.04
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 0.76
10 Viavi Solutions 10.76 Bn 10.75 Bn 234.10 Mn 0.29

Historic Data

Download Data
DateValue
Mar 31, 2026 0.04
Dec 31, 2025 0.05
Sep 30, 2025 0.05
Jun 30, 2025 0.05
Mar 31, 2025 0.07
Dec 31, 2024 0.12
Jun 30, 2024 0.12
Mar 31, 2024 0.12
Dec 31, 2023 0.00
Sep 30, 2023 0.45
Jun 30, 2023 0.23
Mar 31, 2023 0.29
Dec 31, 2022 0.31
Sep 30, 2022 0.26
Jun 30, 2022 0.24
Mar 31, 2022 0.24
Dec 31, 2021 0.21
Sep 30, 2021 0.23
Jun 30, 2021 0.22
Mar 31, 2021 0.23