Applied Optoelectronics (AAOI) Gross Margin (2013 - 2026)
Applied Optoelectronics (AAOI) reported Gross Margin of 29.06% for Q1 2026, down 153.0% year-over-year from 54.82% in Q1 2025, and down 6.98% quarter-over-quarter from 31.24% in Q4 2025.
Applied Optoelectronics (AAOI) Gross Margin (2013 - 2026) Analysis & Trends
Applied Optoelectronics (AAOI) has 14 years of Gross Margin data on file, last reported at 29.06% in Q1 2026.
- Gross Margin for Q1 2026 came in at 29.06%, down 153.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 29.64% (up 217.0% YoY), and the FY2025 annual result was 30.04%, up 526.0% from the prior year.
- Gross Margin eased to 29.06% in Q1 2026 per AAOI's latest filing, from 31.24% in the prior quarter.
- Over five years, Gross Margin peaked at 35.74% in Q4 2023 and troughed at 10.11% in Q4 2022.
- A 5-year average of 24.03% and a median of 24.43% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin surged 2563 bps in 2023, then sank 782 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 10.11% in 2022, then surged by 253 bps to 35.74% in 2023, then slipped by 20 bps to 28.65% in 2024, then increased by 9 bps to 31.24% in 2025, then slipped by 7 bps to 29.06% in 2026.
- Business Quant data shows AAOI's Gross Margin at 29.06% in Q1 2026, 31.24% in Q4 2025, and 28.04% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 63.63% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 43.83% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 50.18% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 88.72% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 44.16% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 47.03% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -470.73% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 29.06% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 49.63% |
| 10 | Viavi Solutions | 10.76 Bn | 10.75 Bn | 234.10 Mn | 57.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.06% |
| Dec 31, 2025 | 31.24% |
| Sep 30, 2025 | 28.04% |
| Jun 30, 2025 | 30.27% |
| Mar 31, 2025 | 30.59% |
| Dec 31, 2024 | 28.65% |
| Sep 30, 2024 | 24.43% |
| Jun 30, 2024 | 22.10% |
| Mar 31, 2024 | 18.66% |
| Dec 31, 2023 | 35.74% |
| Sep 30, 2023 | 32.25% |
| Jun 30, 2023 | 18.98% |
| Mar 31, 2023 | 17.43% |
| Dec 31, 2022 | 10.11% |
| Sep 30, 2022 | 17.20% |
| Jun 30, 2022 | 16.50% |
| Mar 31, 2022 | 17.28% |
| Dec 31, 2021 | 14.88% |
| Sep 30, 2021 | 15.25% |
| Jun 30, 2021 | 19.89% |