Applied Optoelectronics (AAOI) Operating Expenses (2013 - 2026)
Applied Optoelectronics' (AAOI) quarterly Operating Expenses came in at $56.9 million in Q1 2026, up 44.14% year-on-year from $39.5 million in Q1 2025, and up 6.48% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 44.14% year-over-year to $56.9 million in Q1 2026; TTM through Mar 2026 was $208.9 million, a 46.16% increase from a year earlier, with the FY2025 full-year figure at $191.5 million, up 44.31% from the prior year.
- Operating Expenses for Q1 2026 stood at $56.9 million, up from $53.4 million in the prior quarter.
- Over the last five years, Operating Expenses for AAOI reached as high as $56.9 million in Q1 2026 and fell as low as $21.5 million in Q2 2022.
- Historically, Operating Expenses has averaged $33.8 million across 5 years, with a median of $29.2 million in 2024.
- Across the five-year window, Operating Expenses fell 11.87% in 2022 and surged 58.48% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $24.6 million in 2022, then rose 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 advanced by 6.48% to $56.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | 447.66 Bn | 431.02 Bn | 10.08 Bn | 6.12 Bn |
| 2 | Motorola Solutions | 69.99 Bn | 69.10 Bn | 1.36 Bn | 691.00 Mn |
| 3 | Hewlett Packard Enterprise | 62.66 Bn | 57.82 Bn | 9.10 Bn | 8.83 Bn |
| 4 | Ciena | 52.03 Bn | 50.73 Bn | 625.52 Mn | 436.11 Mn |
| 5 | Lumentum Holdings | 50.60 Bn | 47.43 Bn | 357.00 Mn | 182.50 Mn |
| 6 | Nokia | 48.80 Bn | 41.49 Bn | 9.86 Bn | -992.30 Mn |
| 7 | Ubiquiti | 32.09 Bn | 31.72 Bn | 370.71 Mn | 79.89 Mn |
| 8 | Ericsson Lm Telephone | 31.78 Bn | 26.11 Bn | 2.53 Bn | -1.91 Bn |
| 9 | AST SpaceMobile | 16.68 Bn | 16.68 Bn | 3.67 Mn | 164.15 Mn |
| 10 | Applied Optoelectronics | 7.17 Bn | 6.73 Bn | 43.92 Mn | 56.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |