Applied Optoelectronics (AAOI) Net Margin (2012 - 2026)
Applied Optoelectronics (AAOI) recorded Net Margin of -11.87% in Q2 2026, down 3.03 percentage points from -8.84% a year earlier and down 2.42 percentage points from the prior quarter.
Applied Optoelectronics (AAOI) Net Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Applied Optoelectronics' Net Margin came in at -9.57% as of Jun 30, 2026, up 32.72 percentage points year-over-year; for FY2025, it was -8.39%, up 66.49 percentage points from FY2024.
- Annual Net Margin has a five-year change of +16.52 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -74.88% in FY2024 (-49.13 pp), -25.75% in FY2023 (+4.05 pp), -29.80% in FY2022 (-4.20 pp) and -25.60% in FY2021 (-0.69 pp).
- Quarterly Net Margin has ranged from -119.37% in Q4 2024 to -1.51% in Q4 2025 over the past five years.
- On a year-over-year basis, Net Margin rose in four of the last eight quarters, with an average year-over-year change of +14.58 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 117.86 percentage points in Q4 2025, against a drop of 96.44 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -9.45% (Q1 2026), -1.51% (Q4 2025) and -15.12% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 27.23% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 22.37% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 8.80% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 39.95% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 77.00% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 35.66% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 85.27% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 12.33% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 12.61% |
| 10 | Applied Optoelectronics | 8.17 Bn | 6.89 Bn | 53.21 Mn | -11.87% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.87% |
| Mar 31, 2026 | -9.45% |
| Dec 31, 2025 | -1.51% |
| Sep 30, 2025 | -15.12% |
| Jun 30, 2025 | -8.84% |
| Mar 31, 2025 | -9.18% |
| Dec 31, 2024 | -119.37% |
| Sep 30, 2024 | -27.26% |
| Jun 30, 2024 | -60.35% |
| Mar 31, 2024 | -56.97% |
| Dec 31, 2023 | -22.92% |
| Sep 30, 2023 | -14.31% |
| Jun 30, 2023 | -40.72% |
| Mar 31, 2023 | -30.72% |
| Dec 31, 2022 | -32.88% |
| Sep 30, 2022 | -27.56% |
| Jun 30, 2022 | -27.64% |
| Mar 31, 2022 | -30.75% |
| Dec 31, 2021 | -26.72% |
| Sep 30, 2021 | -29.66% |
Applied Optoelectronics Net Margin 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=net-margin&ticker=AAOI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=AAOI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();