Inferra AI / Company / AAOI
Applied Optoelectronics, Inc.
AAOI · Information Technology
Last earnings Aug 6, 2026
Key results
GAAP revenuequarter
$151.1 million
” First Quarter 2026 Financial Summary · GAAP revenue was $151.1 million, compared with $99.9 million in the first quarter of 2025 and $134.3 million in the fourth quarter of 2025.
SEC original ↗Applied Optoelectronics, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026
GAAP gross marginquarter
29.1%
· GAAP gross margin was 29.1%, compared with 30.6% in the first quarter of 2025 and 31.2% in the fourth quarter of 2025.
SEC original ↗Applied Optoelectronics, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026
Non-GAAP gross marginquarter
29.2%
Non-GAAP gross margin was 29.2%, compared with 30.7% in the first quarter of 2025 and 31.4% in the fourth quarter of 2025.
SEC original ↗Applied Optoelectronics, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026
· Non-GAAP gross margin in the range of 29% to 30%.
SEC original ↗Applied Optoelectronics, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026
Non-GAAP net incomequarter
$2.5 million
· Non-GAAP net income in the range of a loss of $2.5 million to income of $2.8 million, and non-GAAP income per share in the range of a loss of $0.03 to earnings of $0.03 using approximately 80.7 million shares.
SEC original ↗Applied Optoelectronics, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026
EPSquarter
$0.03
· Non-GAAP net income in the range of a loss of $2.5 million to income of $2.8 million, and non-GAAP income per share in the range of a loss of $0.03 to earnings of $0.03 using approximately 80.7 million shares.
SEC original ↗Applied Optoelectronics, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026
AI analysis
Q1 2026 · reported May 7, 2026
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
The quarter in charts
GAAP gross margin
Percent of revenue, as stated
EX-99 · May 7, 2026 Margin values as stated in the release.
Guidance ladder — revenue
Delivered vs the company's guided range
EX-99 · May 7, 2026 Guide as stated by the company; range and midpoint computed from the stated figure.
Headline figures
| Metric | Q1 2026 | Prior qtr | Year ago |
|---|---|---|---|
| GAAP revenue | $151.1 million | — | $99.9 million |
| GAAP gross margin | 29.1% | — | 30.6% |
| Non-GAAP gross margin | 29.2% | — | 30.7% |
| Non-GAAP net income | $2.5 million | — | — |
| EPS | $0.03 | — | — |
Guidance · company-stated
“in the range of 29% to 30%”
“in the range of a loss of $2.5 million”
Guidance stated in the release's Business Outlook table for second quarter of 2026; no direction stated — figures as stated in the table.
Margin
Capital allocation
In November 2024, the FASB issued ASU 2024 - 04, Debt-Debt with Conversion and Other Options (Subtopic 470 - 20 ): Induced Conversions of Convertible Debt Instruments.
What changed vs last quarter
- Guide midpoint vs latest-quarter revenue +19.1% computed from stated figures
Company-stated claims
Historical · doubled · other
“Further, we saw a strong volume ramp of our 800G products, which more than doubled sequentially,” said Dr.”
EX-99 · Aug 6, 2026Event summary
“We are pleased to deliver first quarter results that were in line with our expectations, driven by broad based demand in both our datacenter and CATV businesses,” said Dr
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Revenue: “Revenue in the range of $180 million to $198 million”
gross margin: “gross margin in the range of 29% to 30%”
net income: “net income in the range of a loss of $2.5 million”
Revenue (“second quarter of 2026”)
“Revenue in the range of $180 million to $198 million”
gross margin (“second quarter of 2026”)
“gross margin in the range of 29% to 30%”
net income (“second quarter of 2026”)
“net income in the range of a loss of $2.5 million”
Guidance stated in the release's Business Outlook table for second quarter of 2026; no direction stated — figures as stated in the table.
Capital allocation
In November 2024, the FASB issued ASU 2024 - 04, Debt-Debt with Conversion and Other Options (Subtopic 470 - 20 ): Induced Conversions of Convertible Debt Instruments.
SEC original ↗Applied Optoelectronics, Inc. — 10-Q Quarterly report10-QAug 6, 2026
The amendments clarify the accounting for certain induced conversions of convertible debt instruments.
SEC original ↗Applied Optoelectronics, Inc. — 10-Q Quarterly report10-QAug 6, 2026
Because the Company has outstanding convertible debt instruments, the guidance may affect the accounting for future conversions, exchanges, or settlements of such instruments.
SEC original ↗Applied Optoelectronics, Inc. — 10-Q Quarterly report10-QAug 6, 2026
The per share grant date fair value of the Customer Warrant was estimated using the following assumptions: At Grant Date Expected volatility 80.00 % Weighted-average expected term (in years) 10 Risk-free interest rate 4.23 % Dividend yield % Fair value per ordinary share at grant date $ 15.87 For the six months ended June 30, 2026 , the Company recognized approximately $ 2.1 million related reduction to $ 84.8 million revenue associated with customer arrangements that included the issuance of warrants.
SEC original ↗Applied Optoelectronics, Inc. — 10-Q Quarterly report10-QAug 6, 2026
12 Table of Contents As most of the Company s leases do not provide an implicit rate, the Company uses its incremental borrowing rate, which is the rate incurred to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment.
SEC original ↗Applied Optoelectronics, Inc. — 10-Q Quarterly report10-QAug 6, 2026
Based on the applicable lease terms and current economic environment, the Company applies a location approach for determining the incremental borrowing rate.
SEC original ↗Applied Optoelectronics, Inc. — 10-Q Quarterly report10-QAug 6, 2026
Strategy & priorities
Stefan Murry, AOI’s Chief Financial Officer and Chief Strategy Officer.
SEC original ↗Applied Optoelectronics, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026
The increase was primarily attributable to advance payments for equipment and facility related capital expenditures associated with the Company's manufacturing expansion initiatives.
SEC original ↗Applied Optoelectronics, Inc. — 10-Q Quarterly report10-QAug 6, 2026
Risks & headwinds
These forward-looking statements involve risks and uncertainties, as well as assumptions and current expectations, which could cause the company's actual results to differ materially from those anticipated in such forward-looking statements.
SEC original ↗Applied Optoelectronics, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026
Included in our non-recurring expenses in Q1 2026 and Q1 2025 are employee severance expenses (if any) and legal expenses associated with litigation and certain legal and advisory expenses associated with purchase termination or patent protection.
SEC original ↗Applied Optoelectronics, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026
Legal Proceedings 33 Item 1A.
SEC original ↗Applied Optoelectronics, Inc. — 10-Q Quarterly report10-QAug 6, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
31 documentsEarnings releases
4 documentsPresentations
none publishedChecked — this company publishes no earnings presentation. Checked 2026-10-26 for the Quantum & Silicon Photonics rail: Applied Optoelectronics publishes no earnings presentation at all — its quarterly reporting is an earnings release and webcast only; no deck appears on its investor-relations site and none has been furnished as an SEC exhibit. (Its IR host also refuses the automated indexer — recorded, not evaded.) Substituted on the rail by FN (photonic
Transcripts
0 documentsNo transcripts for Applied Optoelectronics, Inc. are held in this edition of the library.
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