Applied Optoelectronics (AAOI) Gross Margin (2013 - 2026)
Applied Optoelectronics' (AAOI) quarterly Gross Margin came in at 27.72% in Q2 2026, down 255.0% year-over-year from 17.89% in Q2 2025, and down 4.59% quarter-over-quarter from 29.06% in Q1 2026.
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Applied Optoelectronics (AAOI) Gross Margin (2013 - 2026) Analysis & Trends
Applied Optoelectronics (AAOI) has reported Gross Margin for 14 consecutive years, with 27.72% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 255.0% year-over-year to 27.72% in Q2 2026; TTM through Jun 2026 was 28.92%, a 3.0% increase from a year earlier, with the FY2025 full-year figure at 30.04%, up 526.0% from the prior year.
- Gross Margin was 27.72% for Q2 2026 at Applied Optoelectronics, down from 29.06% 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 24.24% and a median of 26.08% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 2563 bps in 2023 and slumped 782 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 10.11% in 2022, then jumped by 253 bps to 35.74% in 2023, then decreased by 20 bps to 28.65% in 2024, then grew by 9 bps to 31.24% in 2025, then fell by 11 bps to 27.72% in 2026.
- The last three Gross Margin figures came in at 27.72% (Q2 2026), 29.06% (Q1 2026), and 31.24% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 64.13% |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 45.43% |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 45.80% |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | 45.78% |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 27.72% |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 39.76% |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 62.17% |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 64.85% |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | -78.70% |
| 10 | Calix | 2.26 Bn | 2.07 Bn | 160.12 Mn | 54.59% |
Historic Data
Download Data
Historic 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% |