Applied Optoelectronics (AAOI) Operating Leases (2019 - 2026)

Applied Optoelectronics (AAOI) reported Operating Leases of $71.0 million for Q1 2026, up 612.9% year-over-year from $10.0 million in Q1 2025, and up 49.78% quarter-over-quarter from $47.4 million in Q4 2025.

Applied Optoelectronics (AAOI) Operating Leases (2019 - 2026) Analysis & Trends

Applied Optoelectronics (AAOI) has 8 years of Operating Leases data on file, last reported at $71.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $71.0 million, up 612.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $71.0 million (up 612.9% YoY), and the FY2025 annual result was $47.4 million, up 424.2% from the prior year.
  • Operating Leases climbed to $71.0 million in Q1 2026 per AAOI's latest filing, from $47.4 million in the prior quarter.
  • Over five years, Operating Leases peaked at $71.0 million in Q1 2026 and troughed at $4.2 million in Q1 2024.
  • A 5-year average of $15.5 million and a median of $6.3 million in 2023 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2025: Operating Leases plunged 34.12% in 2022, then surged 729.16% in 2025.
  • A 5-year view of Operating Leases shows it stood at $5.5 million in 2022, then decreased by 14.15% to $4.7 million in 2023, then soared by 91.3% to $9.0 million in 2024, then surged by 424.2% to $47.4 million in 2025, then surged by 49.78% to $71.0 million in 2026.
  • Business Quant data shows AAOI's Operating Leases at $71.0 million in Q1 2026, $47.4 million in Q4 2025, and $40.2 million in Q3 2025.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 70.98 Mn
Dec 31, 2025 47.39 Mn
Sep 30, 2025 40.18 Mn
Jun 30, 2025 23.00 Mn
Mar 31, 2025 9.96 Mn
Dec 31, 2024 9.04 Mn
Sep 30, 2024 4.85 Mn
Jun 30, 2024 5.00 Mn
Mar 31, 2024 4.25 Mn
Dec 31, 2023 4.73 Mn
Sep 30, 2023 4.77 Mn
Jun 30, 2023 6.20 Mn
Mar 31, 2023 6.34 Mn
Dec 31, 2022 5.51 Mn
Sep 30, 2022 5.57 Mn
Jun 30, 2022 7.23 Mn
Mar 31, 2022 7.75 Mn
Dec 31, 2021 7.19 Mn
Sep 30, 2021 8.46 Mn
Jun 30, 2021 7.67 Mn