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
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