Applied Optoelectronics (AAOI) Operating Expenses (2013 - 2026)

Applied Optoelectronics (AAOI) reported Operating Expenses of $56.9 million for Q1 2026, up 44.14% year-over-year from $39.5 million in Q1 2025, and up 6.48% quarter-over-quarter from $53.4 million in Q4 2025.

Applied Optoelectronics (AAOI) Operating Expenses (2013 - 2026) Analysis & Trends

Applied Optoelectronics (AAOI) has 14 years of Operating Expenses data on file, last reported at $56.9 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $56.9 million, up 44.14% year-over-year; the trailing twelve-month figure through Mar 2026 was $208.9 million (up 46.16% YoY), and the FY2025 annual result was $191.5 million, up 44.31% from the prior year.
  • Operating Expenses climbed to $56.9 million in Q1 2026 per AAOI's latest filing, from $53.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $56.9 million in Q1 2026 and troughed at $21.5 million in Q2 2022.
  • A 5-year average of $33.8 million and a median of $29.2 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses decreased 11.87% in 2022, then jumped 58.48% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $24.6 million in 2022, then climbed by 6.29% to $26.1 million in 2023, then jumped by 34.68% to $35.2 million in 2024, then surged by 51.83% to $53.4 million in 2025, then increased by 6.48% to $56.9 million in 2026.
  • Business Quant data shows AAOI's Operating Expenses at $56.9 million in Q1 2026, $53.4 million in Q4 2025, and $51.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 6.12 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 436.11 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 691.00 Mn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 8.83 Bn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 182.50 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 79.89 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 164.15 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 56.91 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 527.00 Mn
10 Viavi Solutions 10.76 Bn 10.75 Bn 234.10 Mn 209.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 56.91 Mn
Dec 31, 2025 53.45 Mn
Sep 30, 2025 51.45 Mn
Jun 30, 2025 47.14 Mn
Mar 31, 2025 39.48 Mn
Dec 31, 2024 35.20 Mn
Sep 30, 2024 32.46 Mn
Jun 30, 2024 35.81 Mn
Mar 31, 2024 29.24 Mn
Dec 31, 2023 26.14 Mn
Sep 30, 2023 26.86 Mn
Jun 30, 2023 23.86 Mn
Mar 31, 2023 23.41 Mn
Dec 31, 2022 24.59 Mn
Sep 30, 2022 23.25 Mn
Jun 30, 2022 21.53 Mn
Mar 31, 2022 23.26 Mn
Dec 31, 2021 21.72 Mn
Sep 30, 2021 23.58 Mn
Jun 30, 2021 24.43 Mn