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

Applied Optoelectronics (AAOI) posted quarterly 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 reported Operating Expenses for 14 consecutive years, with $56.9 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses rose 44.14% year-over-year to $56.9 million; the TTM figure through Mar 2026 stood at $208.9 million (up 46.16% YoY), while the FY2025 annual figure was $191.5 million, up 44.31% from the prior year.
  • Operating Expenses grew to $56.9 million in Q1 2026 per AAOI's latest filing, from $53.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $56.9 million in Q1 2026 and bottomed at $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.
  • Annual changes were most pronounced in 2022 — Operating Expenses decreased 11.87% — and 2025, when it jumped 58.48%.
  • Applied Optoelectronics' Operating Expenses stood at $24.6 million in 2022, then grew by 6.29% to $26.1 million in 2023, then surged by 34.68% to $35.2 million in 2024, then soared by 51.83% to $53.4 million in 2025, then rose 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 440.02 Bn 423.38 Bn 10.08 Bn 6.12 Bn
2 Hewlett Packard Enterprise 77.69 Bn 72.40 Bn 3.94 Bn 9.93 Bn
3 Motorola Solutions 77.25 Bn 76.56 Bn 1.68 Bn 756.00 Mn
4 Lumentum Holdings 66.40 Bn 63.23 Bn 357.00 Mn 182.50 Mn
5 Nokia 61.84 Bn 54.37 Bn 10.09 Bn -1.02 Bn
6 Ciena 60.71 Bn 59.51 Bn 691.55 Mn 453.68 Mn
7 Ubiquiti 34.65 Bn 34.28 Bn 370.71 Mn 79.89 Mn
8 Ericsson Lm Telephone 34.62 Bn 28.92 Bn 2.58 Bn -1.95 Bn
9 AST SpaceMobile 27.62 Bn 28.12 Bn 9.12 Mn 329.10 Mn
10 Applied Optoelectronics 12.68 Bn 12.18 Bn 53.21 Mn 77.93 Mn

Historic Data

Download Data
DateValue
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