Applied Optoelectronics (AAOI) Free Cash Flow (2013 - 2026)
Applied Optoelectronics (AAOI) reported Free Cash Flow of -$143.6 million for Q1 2026, down 81.05% year-over-year from -$757.6 million in Q1 2025, and down 37.25% quarter-over-quarter from -$104.6 million in Q4 2025.
Applied Optoelectronics (AAOI) Free Cash Flow (2013 - 2026) Analysis & Trends
Applied Optoelectronics (AAOI) has 14 years of Free Cash Flow data on file, last reported at -$143.6 million in Q1 2026.
- Free Cash Flow for Q1 2026 came in at -$143.6 million, down 81.05% year-over-year; the trailing twelve-month figure through Mar 2026 was -$417.8 million (down 164.47% YoY), and the FY2025 annual result was -$353.6 million, down 213.09% from the prior year.
- Free Cash Flow slipped to -$143.6 million in Q1 2026 per AAOI's latest filing, from -$104.6 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $14.4 million in Q2 2023 and troughed at -$143.6 million in Q1 2026.
- A 5-year average of -$37.9 million and a median of -$16.8 million in 2023 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2025: Free Cash Flow jumped 794.96% in 2023, then slumped 1731.15% in 2025.
- A 5-year view of Free Cash Flow shows it stood at -$4.2 million in 2022, then decreased by 8.74% to -$4.6 million in 2023, then plunged by 1048.57% to -$53.0 million in 2024, then tumbled by 97.4% to -$104.6 million in 2025, then tumbled by 37.25% to -$143.6 million in 2026.
- Business Quant data shows AAOI's Free Cash Flow at -$143.6 million in Q1 2026, -$104.6 million in Q4 2025, and -$78.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 3.34 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 153.76 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 389.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 609.00 Mn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 79.10 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 155.35 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -309.66 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -143.58 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 163.00 Mn |
| 10 | Viavi Solutions | 10.76 Bn | 10.75 Bn | 234.10 Mn | -32.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -143.58 Mn |
| Mar 31, 2026 | -143.58 Mn |
| Dec 31, 2025 | -104.61 Mn |
| Dec 31, 2025 | -104.61 Mn |
| Sep 30, 2025 | -78.71 Mn |
| Sep 30, 2025 | -78.71 Mn |
| Jun 30, 2025 | -90.95 Mn |
| Jun 30, 2025 | -90.95 Mn |
| Mar 31, 2025 | -79.30 Mn |
| Mar 31, 2025 | -79.30 Mn |
| Dec 31, 2024 | -53.00 Mn |
| Dec 31, 2024 | -53.00 Mn |
| Sep 30, 2024 | -20.73 Mn |
| Sep 30, 2024 | -20.73 Mn |
| Jun 30, 2024 | -4.97 Mn |
| Jun 30, 2024 | -4.97 Mn |
| Mar 31, 2024 | -34.24 Mn |
| Mar 31, 2024 | -34.24 Mn |
| Dec 31, 2023 | -4.61 Mn |
| Dec 31, 2023 | -4.61 Mn |