Applied Optoelectronics (AAOI) Shares Outstanding (Diluted) (2012 - 2026)
Applied Optoelectronics (AAOI) posted Shares Outstanding (Diluted) of 81.57 million for Q2 2026, up 43.7% from 56.77 million a year earlier and up 7.4% from the prior quarter.
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Analysis
Applied Optoelectronics (AAOI) Shares Outstanding (Diluted) (2012 - 2026) Analysis & Trends
For FY2025, Applied Optoelectronics' Shares Outstanding (Diluted) came in at 60.18 million, up 44.9% from FY2024.
- Annual Shares Outstanding (Diluted) has increased for seven consecutive years, with a five-year compound annual growth rate of 22.4% (FY2020 to FY2025).
- In prior years, Applied Optoelectronics' Shares Outstanding (Diluted) was 41.54 million in FY2024 (+30.0%), 31.94 million in FY2023 (+14.7%), 27.85 million in FY2022 (+3.5%) and 26.91 million in FY2021 (+23.1%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding (Diluted) in data going back to Q3 2012.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased in each of the last 28 quarters, with growth averaging 40.5% over the last eight quarters.
- The year-over-year growth in Shares Outstanding (Diluted) has ranged between 2.7% (Q3 2022) and 51.8% (Q1 2026) over the last five years.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 75.98 million (Q1 2026), 60.18 million (Q4 2025) and 63.33 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 14.71 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 3.99 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 652.00 Mn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 1.28 Bn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 155.00 Mn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 229.00 Mn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 383.00 Mn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 6.01 Bn |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 1.45 Bn |
| 10 | Applied Optoelectronics | 8.17 Bn | 6.89 Bn | 53.21 Mn | 81.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.57 Mn |
| Mar 31, 2026 | 75.98 Mn |
| Dec 31, 2025 | 60.18 Mn |
| Sep 30, 2025 | 63.33 Mn |
| Jun 30, 2025 | 56.77 Mn |
| Mar 31, 2025 | 50.04 Mn |
| Dec 31, 2024 | 41.54 Mn |
| Sep 30, 2024 | 42.31 Mn |
| Jun 30, 2024 | 39.37 Mn |
| Mar 31, 2024 | 38.36 Mn |
| Dec 31, 2023 | 31.94 Mn |
| Sep 30, 2023 | 32.77 Mn |
| Jun 30, 2023 | 29.49 Mn |
| Mar 31, 2023 | 28.87 Mn |
| Dec 31, 2022 | 27.85 Mn |
| Sep 30, 2022 | 27.84 Mn |
| Jun 30, 2022 | 27.61 Mn |
| Mar 31, 2022 | 27.46 Mn |
| Dec 31, 2021 | 26.91 Mn |
| Sep 30, 2021 | 27.10 Mn |
API Access
Applied Optoelectronics Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=AAOI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "AAOI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=AAOI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();