Applied Optoelectronics (AAOI) Gross Margin (2013 - 2026)
Applied Optoelectronics' (AAOI) quarterly Gross Margin came in at 29.06% in Q1 2026, down 153.0% year-on-year from 54.82% in Q1 2025, and down 6.98% on a QoQ basis 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.
- On a quarterly basis, Gross Margin fell 153.0% year-over-year to 29.06% in Q1 2026; TTM through Mar 2026 was 29.64%, a 217.0% increase from a year earlier, with the FY2025 full-year figure at 30.04%, up 526.0% from the prior year.
- Gross Margin for Q1 2026 stood at 29.06%, down from 31.24% in the prior quarter.
- Over the last five years, Gross Margin for AAOI reached as high as 35.74% in Q4 2023 and fell as low as 10.11% in Q4 2022.
- Historically, Gross Margin has averaged 24.03% across 5 years, with a median of 24.43% in 2024.
- Across the five-year window, Gross Margin soared 2563 bps in 2023 and tumbled 782 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 10.11% in 2022, then surged by 253 bps to 35.74% in 2023, then fell by 20 bps to 28.65% in 2024, then advanced by 9 bps to 31.24% in 2025, then fell by 7 bps to 29.06% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 29.06% in Q1 2026, 31.24% in Q4 2025, and 28.04% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 449.90 Bn | 433.26 Bn | 10.08 Bn | 63.63% |
| 2 | Motorola Solutions | 70.79 Bn | 69.91 Bn | 1.36 Bn | 50.18% |
| 3 | Hewlett Packard Enterprise | 62.79 Bn | 57.95 Bn | 9.10 Bn | 97.81% |
| 4 | Ciena | 52.38 Bn | 51.08 Bn | 625.52 Mn | 43.83% |
| 5 | Lumentum Holdings | 50.14 Bn | 46.97 Bn | 357.00 Mn | 44.16% |
| 6 | Nokia | 48.70 Bn | 41.39 Bn | 9.86 Bn | 144,416.67% |
| 7 | Ubiquiti | 32.21 Bn | 31.84 Bn | 370.71 Mn | 47.03% |
| 8 | Ericsson Lm Telephone | 31.94 Bn | 26.26 Bn | 2.53 Bn | 45.78% |
| 9 | AST SpaceMobile | 16.52 Bn | 16.52 Bn | 3.67 Mn | 24.92% |
| 10 | Applied Optoelectronics | 7.24 Bn | 6.80 Bn | 43.92 Mn | 29.06% |
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% |