Applied Optoelectronics (AAOI) Invested Capital (2012 - 2026)
Applied Optoelectronics (AAOI) posted Invested Capital of $1.73 billion for Q2 2026, up 285.8% from $447.16 million a year earlier and up 50.4% from the prior quarter.
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Analysis
Applied Optoelectronics (AAOI) Invested Capital (2012 - 2026) Analysis & Trends
For FY2025, Applied Optoelectronics' Invested Capital came in at $767.89 million, up 200.2% from FY2024.
- Annual Invested Capital shows a five-year compound annual growth rate of 18.4% (FY2020 to FY2025).
- In prior years, Applied Optoelectronics' Invested Capital was $255.8 million in FY2024 (+7.4%), $238.07 million in FY2023 (-1.5%), $241.74 million in FY2022 (-21.8%) and $309.26 million in FY2021 (-6.3%).
- The Q2 2026 figure stands as the highest quarterly Invested Capital in data going back to Q4 2012.
- On a year-over-year basis, Invested Capital has increased in each of the last seven quarters, with growth averaging 130.1% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q2 2026, with growth of 285.8%; the weakest was Q3 2022, with a decline of 23.0%.
- According to Business Quant data, Invested Capital for the three prior quarters was $1.15 billion (Q1 2026), $767.89 million (Q4 2025) and $587.06 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 191.86 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 79.82 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 33.04 Bn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | - |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 15.74 Bn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 5.73 Bn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 9.92 Bn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 60.06 Bn |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 6.28 Bn |
| 10 | Applied Optoelectronics | 9.75 Bn | 8.47 Bn | 53.21 Mn | 1.73 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.73 Bn |
| Mar 31, 2026 | 1.15 Bn |
| Dec 31, 2025 | 767.89 Mn |
| Sep 30, 2025 | 587.06 Mn |
| Jun 30, 2025 | 447.16 Mn |
| Mar 31, 2025 | 331.14 Mn |
| Dec 31, 2024 | 255.80 Mn |
| Sep 30, 2024 | 241.57 Mn |
| Jun 30, 2024 | 209.00 Mn |
| Mar 31, 2024 | 219.86 Mn |
| Dec 31, 2023 | 238.07 Mn |
| Sep 30, 2023 | 258.48 Mn |
| Jun 30, 2023 | 243.18 Mn |
| Mar 31, 2023 | 252.35 Mn |
| Dec 31, 2022 | 241.74 Mn |
| Sep 30, 2022 | 249.90 Mn |
| Jun 30, 2022 | 273.16 Mn |
| Mar 31, 2022 | 296.81 Mn |
| Dec 31, 2021 | 309.26 Mn |
| Sep 30, 2021 | 324.49 Mn |
API Access
Applied Optoelectronics Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=AAOI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "AAOI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=AAOI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();