Applied Optoelectronics (AAOI) Gross Margin (2013 - 2026)
Applied Optoelectronics (AAOI) posted quarterly 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 reported Gross Margin for 14 consecutive years, with 29.06% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 153.0% year-over-year to 29.06%; the TTM figure through Mar 2026 stood at 29.64% (up 217.0% YoY), while the FY2025 annual figure was 30.04%, up 526.0% from the prior year.
- Gross Margin retreated to 29.06% in Q1 2026 per AAOI's latest filing, from 31.24% in the prior quarter.
- Across five years, Gross Margin topped out at 35.74% in Q4 2023 and bottomed at 10.11% in Q4 2022.
- Historically, Gross Margin has averaged 24.03% across 5 years, with a median of 24.43% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin surged 2563 bps — and 2024, when it sank 782 bps.
- Applied Optoelectronics' Gross Margin stood at 10.11% in 2022, then soared by 253 bps to 35.74% in 2023, then dropped by 20 bps to 28.65% in 2024, then rose by 9 bps to 31.24% in 2025, then dropped 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 | 440.02 Bn | 423.38 Bn | 10.08 Bn | 63.63% |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 36.87% |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 53.56% |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 44.16% |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | 144,416.67% |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 44.03% |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 47.03% |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 45.78% |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 28.93% |
| 10 | Applied Optoelectronics | 12.68 Bn | 12.18 Bn | 53.21 Mn | 27.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.72% |
| 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% |