APPLIED OPTOELECTRONICS, INC. Income Statement
AAOI / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
APPLIED OPTOELECTRONICS, INC. reported $456M in revenue and $38M in net loss for FY2025. Revenue has grown at a 17.5% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.85 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $455.7M | $249.4M | $217.6M | $222.8M | $211.6M | $234.6M | $190.9M | $267.5M | $382.3M | $260.7M | $189.9M | $130.4M | $78.4M | $63.4M | $47.8M |
| Cost of Revenue | $318.8M | $187.6M | $158.7M | $189.2M | $173.8M | $184.1M | $144.7M | $179.7M | $216.0M | $173.8M | $129.4M | $86.2M | $55.4M | $44.5M | $34.5M |
| Gross Profit | $136.9M | $61.8M | $58.9M | $33.6M | $37.7M | $50.5M | $46.2M | $87.8M | $166.3M | $87.0M | $60.5M | $44.2M | $23.0M | $18.9M | $13.4M |
| SG&A Expense | $75.7M | $59.6M | $53.2M | $46.7M | $42.4M | $41.9M | $41.5M | $39.5M | $35.3M | $25.5M | $19.8M | $17.1M | $10.6M | $8.0M | $8.2M |
| R&D Expense | $85.5M | $55.0M | $36.0M | $36.2M | $41.2M | $43.4M | $43.4M | $49.9M | $35.4M | $31.8M | $20.9M | $16.0M | $8.5M | $7.6M | $6.5M |
| Operating Income | -$54.6M | -$70.9M | -$41.3M | -$59.0M | -$56.8M | -$48.8M | -$48.7M | -$10.8M | $87.0M | $23.0M | $13.4M | $5.1M | -$307.0K | $179.0K | -$3.7M |
| Interest Expense | - | - | $9.4M | $6.3M | $5.6M | $5.6M | $5.4M | $1.1M | $858.0K | $1.7M | $1.0M | $326.0K | $1.1M | $1.4M | $1.3M |
| Income Tax | -$8.5M | $2.0K | $9.0K | $1.0K | $2.0K | $7.2M | $14.7M | -$7.6M | $10.6M | -$10.2M | $375.0K | $199.0K | $0 | $0 | $0 |
| Net Income | -$38.2M | -$186.7M | -$56.0M | -$66.4M | -$54.2M | -$58.5M | -$66.0M | -$2.1M | $74.0M | $31.2M | $10.8M | $4.3M | -$1.4M | -$945.0K | -$5.3M |
| EPS (Basic) | -$1.75 | -$4.50 | -$1.75 | -$2.38 | -$2.01 | -$2.67 | -$3.31 | -$0.11 | $0.69 | $1.82 | -$0.14 | $0.30 | -$3.74 | -$3.56 | - |
| EPS (Diluted) | -$1.75 | -$4.50 | -$1.75 | -$2.38 | -$2.01 | -$2.67 | -$3.31 | -$0.11 | $0.65 | $1.76 | -$0.14 | $0.28 | -$3.74 | -$3.56 | -$20.21 |
| Shares Outstanding | 49.4M | 49.4M | 38.1M | 28.6M | 27.3M | 25.1M | 20.1M | 19.8M | 18.4M | 18.4M | 14.8M | 14.8M | 266.0K | 265.6K | 263.7K |
| Gross Margin | 30.0% | 24.8% | 27.1% | 15.1% | 17.8% | 21.5% | 24.2% | 32.8% | 43.5% | 33.4% | 31.8% | 33.9% | 29.4% | 29.8% | 28.0% |
| Operating Margin | -12.0% | -28.4% | -19.0% | -26.5% | -26.8% | -20.8% | -25.5% | -4.0% | 22.7% | 8.8% | 7.1% | 3.9% | -0.4% | 0.3% | -7.8% |
| Profit Margin | -8.4% | -74.9% | -25.8% | -29.8% | -25.6% | -24.9% | -34.6% | -0.8% | 19.3% | 12.0% | 5.7% | 3.3% | -1.8% | -1.5% | -11.1% |