Applied Optoelectronics (AAOI) Operating Expenses (2013 - 2026)
Applied Optoelectronics' (AAOI) quarterly Operating Expenses came in at $77.9 million in Q2 2026, up 65.33% year-over-year from $47.1 million in Q2 2025, and up 36.95% quarter-over-quarter from $56.9 million in Q1 2026.
Analysis
Applied Optoelectronics (AAOI) Operating Expenses (2013 - 2026) Analysis & Trends
Applied Optoelectronics (AAOI) has reported Operating Expenses for 14 consecutive years, with $77.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 65.33% year-over-year to $77.9 million in Q2 2026; TTM through Jun 2026 was $239.7 million, a 55.39% increase from a year earlier, with the FY2025 full-year figure at $191.5 million, up 44.31% from the prior year.
- Operating Expenses was $77.9 million for Q2 2026 at Applied Optoelectronics, up from $56.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $77.9 million in Q2 2026 and troughed at $21.5 million in Q2 2022.
- A 5-year average of $36.2 million and a median of $30.9 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses retreated 11.87% in 2022 and surged 65.33% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $24.6 million in 2022, then advanced by 6.29% to $26.1 million in 2023, then soared by 34.68% to $35.2 million in 2024, then jumped by 51.83% to $53.4 million in 2025, then surged by 45.82% to $77.9 million in 2026.
- The last three Operating Expenses figures came in at $77.9 million (Q2 2026), $56.9 million (Q1 2026), and $53.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 6.80 Bn |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 458.09 Mn |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 89.26 Mn |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | -1.95 Bn |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 77.93 Mn |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 128.39 Mn |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 189.42 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 67.03 Mn |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | 21.40 Mn |
| 10 | Calix | 2.26 Bn | 2.07 Bn | 160.12 Mn | 138.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.93 Mn |
| 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 |