Applied Optoelectronics, Inc.

AAOI

AAOIApplied Optoelectronics, Inc. US flag

NASDAQ Global Market

202.37

USD

+16.70

- -

16.24BMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	48	63	78	130	190	261	382	267	191	235	212	223	218	249	456
+ Sales & Services Revenue	48	63	78	130	190	261	382	267	191	235	212	223	218	249	456
- Cost of Revenue	34	44	55	86	129	174	216	180	145	184	174	189	159	188	319
+ Cost of Goods & Services	34	44	55	86	129	174	216	180	145	184	174	189	159	188	319
Gross Profit	13	19	23	44	60	87	166	88	46	51	38	34	59	62	137
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	17	19	23	39	47	64	79	98	93	97	93	92	99	132	187
+ Selling, General & Admin	11	11	15	23	26	32	44	49	52	56	53	56	64	78	106
+ Research & Development	6	8	9	16	21	32	35	50	43	43	41	36	36	55	86
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	-1	-2	-3	-1	- -	-1	- -	-5
Operating Income (Loss)	-4	- -	- -	5	14	23	87	-10	-47	-46	-55	-59	-40	-71	-50
- Non-Operating (Income) Loss	2	1	1	1	2	2	3	- -	4	5	-1	8	16	116	-3
+ Interest Expense, Net	1	1	1	- -	1	1	1	1	4	5	6	6	9	6	2
+ Interest Expense	1	1	1	- -	1	2	1	1	5	6	6	6	9	7	3
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	1	1	2
+ Other Non-Op (Income) Loss	- -	- -	- -	1	2	1	2	-1	- -	- -	-7	1	7	110	-5
Pretax Income	-5	-1	-1	4	11	21	85	-10	-51	-51	-54	-66	-56	-187	-47
- Income Tax Expense (Benefit)	- -	- -	- -	- -	- -	-10	11	-8	15	7	- -	- -	- -	- -	-8
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-5	-1	-1	4	11	31	74	-2	-66	-58	-54	-66	-56	-187	-38
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-5	-1	-1	4	11	31	74	-2	-66	-58	-54	-66	-56	-187	-38
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-5	-1	-1	4	11	31	74	-2	-66	-58	-54	-66	-56	-187	-38
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-5	-1	-1	4	11	31	74	-2	-66	-58	-54	-66	-56	-187	-38
EBIT	-4	- -	- -	5	14	23	87	-10	-47	-46	-55	-59	-40	-71	-50
EBITDA	-1	3	3	12	23	37	108	20	-23	-21	-30	-36	-20	-50	-22
EBITDA Margin (%)	-1.14	5.07	4.36	8.88	12.16	14.33	28.13	7.43	-12.11	-9.12	-14.2	-15.99	-9.18	-20	-4.84
EBITA	-4	- -	- -	5	14	23	87	-10	-47	-46	-55	-59	-40	-71	-50
Gross Margin (%)	27.95	29.85	29.36	33.92	31.83	33.35	43.49	32.82	24.21	21.54	17.83	15.09	27.07	24.78	30.04
Operating Margin (%)	-7.64	0.43	0.02	4.15	7.2	8.89	22.8	-3.68	-24.69	-19.66	-26.2	-26.41	-18.57	-28.28	-10.91
Profit Margin (%)	-11.14	-1.49	-1.79	3.28	5.68	11.98	19.34	-0.8	-34.6	-24.91	-25.6	-29.8	-25.75	-74.88	-8.39
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	3	3	3	6	9	14	20	30	24	25	25	23	20	21	28
Basic Weighted Avg Shares	9	9	10	14	16	17	19	20	20	22	27	28	32	42	60
Basic EPS, GAAP	-0.6	-0.11	-0.14	0.3	0.69	1.82	3.87	-0.11	-3.31	-2.67	-2.01	-2.38	-1.75	-4.5	-0.64
Basic EPS from Cont Ops	-0.6	-0.11	-0.14	0.3	0.69	1.82	3.87	-0.11	-3.31	-2.67	-2.01	-2.38	-1.75	-4.5	-0.64
Diluted Weighted Avg Shares	9	9	10	15	17	18	20	20	20	22	27	28	32	42	60
Diluted EPS, GAAP	-0.6	-0.11	-0.14	0.28	0.65	1.76	3.67	-0.11	-3.31	-2.67	-2.01	-2.38	-1.75	-4.5	-0.64
Diluted EPS from Cont Ops	-0.6	-0.11	-0.14	0.28	0.65	1.76	3.67	-0.11	-3.31	-2.67	-2.01	-2.38	-1.75	-4.5	-0.64

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	28	39	78	113	154	158	230	194	193	209	194	183	173	301	676
+ Cash, Cash Equivalents & STI	2	11	30	40	36	50	83	56	60	43	35	25	45	67	206
+ Cash & Cash Equivalents	2	11	22	32	28	50	83	56	60	43	35	25	45	67	206
+ ST Investments	- -	- -	8	8	8	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	12	15	22	33	39	50	60	31	35	43	56	62	48	117	244
+ Accounts Receivable, Net	12	14	22	32	39	50	60	31	35	43	48	61	48	117	244
+ Notes Receivable, Net	- -	1	- -	1	- -	- -	- -	- -	- -	- -	8	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	13	12	20	34	66	52	76	93	85	110	93	80	64	88	183
+ Raw Materials	6	5	9	16	22	22	27	30	16	26	29	26	22	50	86
+ Work In Process	4	4	9	13	31	24	31	49	51	53	42	40	34	36	96
+ Finished Goods	3	3	2	4	13	6	18	14	19	32	22	27	22	17	19
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-12	-15	-15	-17
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1	1	6	7	13	6	11	15	13	12	11	17	15	29	42
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	26	27	33	70	120	165	223	273	274	272	260	225	217	246	493
+ Property, Plant & Equip, Net	25	25	31	65	110	144	198	234	256	261	250	216	205	229	426
+ Property, Plant & Equip	47	50	59	97	148	193	268	329	373	403	418	393	399	433	659
- Accumulated Depreciation	23	25	28	32	38	49	70	95	117	142	168	178	194	204	233
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	1	2	2	6	10	21	25	38	18	11	10	9	11	17	67
+ Total Intangible Assets	1	1	2	5	5	5	5	10	10	10	10	9	9	9	8
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	1	1	2	5	5	5	5	10	10	10	10	9	9	9	8
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	- -	1	5	16	21	29	8	1	1	- -	3	8	59
Total Assets	54	66	111	184	273	322	453	467	467	481	454	408	389	547	1,168
+ Payables & Accruals	10	10	19	36	38	50	68	46	48	45	46	62	48	123	181
+ Accounts Payable	8	7	15	31	29	36	44	30	33	29	34	48	33	105	144
+ Accrued Taxes	- -	- -	- -	- -	- -	2	8	1	1	- -	2	1	1	1	1
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	2	2	4	5	8	12	16	15	14	15	10	13	14	17	36
+ ST Debt	19	15	20	11	34	8	1	28	41	55	59	71	40	43	71
+ ST Borrowings	19	15	20	11	34	8	1	28	40	54	58	69	39	42	67
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1	4
+ Other ST Liabilities	- -	1	1	1	3	2	2	3	3	3	4	6	5	4	6
+ Deferred Revenue	- -	- -	- -	1	1	- -	- -	- -	- -	- -	- -	3	2	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	1	1	2	2	3	2	3	4	3	4	4	6
Total Current Liabilities	30	26	39	49	74	60	71	77	91	103	109	139	93	170	257
+ LT Debt	3	9	9	19	34	35	49	60	102	100	91	85	81	148	177
+ LT Borrowings	3	9	9	19	34	35	49	60	94	92	84	80	76	139	130
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	8	8	7	6	5	9	47
+ Other LT Liabilities	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	3	9	9	20	34	35	49	60	102	100	91	85	81	148	177
Total Liabilities	33	35	48	69	108	95	120	138	193	203	200	224	174	318	435
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	5	6	144	192	233	265	285	292	303	355	381	392	479	684	1,225
+ Common Stock	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	4	4	144	192	233	265	285	292	303	355	381	392	479	683	1,225
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-81	-82	-83	-79	-68	-37	38	36	-30	-89	-143	-209	-265	-452	-490
+ Other Equity	2	2	2	2	- -	-1	10	1	- -	12	16	2	1	-3	-1
Equity Before Minority Interest	21	31	63	115	165	227	333	329	274	278	255	185	215	229	734
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	21	31	63	115	165	227	333	329	274	278	255	185	215	229	734
Total Liabilities & Equity	54	66	111	184	273	322	453	467	467	481	454	408	389	547	1,168
Shares Outstanding	13	13	13	15	17	18	19	20	20	25	27	29	38	49	75
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	9	9	8	7	6	10	51
Net Debt	21	14	6	-2	40	-7	-33	33	73	102	107	124	70	113	-9
Net Debt to Equity	100.74	44.7	10.22	-1.96	24.08	-3.12	-10.03	10	26.77	36.87	42	67.27	32.5	49.33	-1.22
Tangible Common Equity Ratio	36.91	45.95	56.08	61.62	59.78	70.1	73.3	69.86	57.77	56.91	55.06	44.01	54.19	40.96	62.54
Current Ratio	0.94	1.53	2	2.33	2.08	2.63	3.25	2.51	2.11	2.03	1.78	1.32	1.85	1.77	2.63
Cash Conversion Cycle	83.98	117.07	124.63	104.5	141.39	111.47	99.26	165.28	203.32	199.89	216.74	170.37	153.55	149.79	190.14

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	-5	-1	-1	4	11	31	74	-2	-66	-58	-54	-66	-56	-187	-38
+ Depreciation & Amortization	3	3	3	6	9	14	20	30	24	25	25	23	20	21	28
+ Non-Cash Items	2	1	2	4	7	-5	10	9	34	24	11	17	22	132	12
+ Stock-Based Compensation	1	- -	1	2	2	4	8	11	12	13	12	10	12	15	12
+ Deferred Income Taxes	- -	- -	- -	- -	- -	-11	- -	-9	15	7	- -	- -	- -	- -	-8
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	2	1	1	2	5	3	2	7	7	4	-1	8	10	118	8
+ Chg in Non-Cash Work Cap	-4	-3	-10	-6	-43	16	-20	-22	6	-34	6	12	6	-36	-176
+ (Inc) Dec in Accts Receiv	-4	-2	-7	-11	-7	-11	-10	29	-4	-9	-15	-5	13	-69	-128
+ (Inc) Dec in Inventories	-2	-1	-8	-16	-38	10	-22	-28	2	-24	16	1	7	-29	-101
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	-1	- -	1	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	1	- -	9	21	4	13	18	-21	3	-3	4	18	-14	76	65
+ Inc (Dec) in Other	- -	- -	-5	-1	-3	4	-4	-3	5	1	1	-2	- -	-14	-13
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-4	- -	-6	9	-15	57	84	14	-2	-44	-12	-14	-8	-70	-174
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-2	-3	-10	-44	-58	-50	-67	-78	-29	-16	-8	-4	-10	-44	-180
+ Acq of Fixed Prod Assets	-2	-3	-10	-41	-57	-49	-67	-72	-29	-16	-8	-3	-9	-43	-179
+ Acq of Intangible Assets	- -	- -	- -	-3	- -	-1	- -	-6	-1	- -	- -	- -	-1	-1	- -
+ Cash (Repurchase) of Equity	- -	- -	31	46	39	27	22	- -	- -	39	15	1	69	146	519
+ Increase in Capital Stock	- -	- -	31	46	39	27	22	- -	- -	39	15	1	69	146	519
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	-8	- -	- -	8	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	8	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	-8	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	-1	-4	1	-3	- -	-3	-3	-2	-1	-5	-7	-31
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-2	-3	-18	-45	-62	-42	-70	-77	-32	-19	-11	-4	-15	-51	-211
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	3	4	1	38	-26	6	39	-33	9	- -	10	-27	3	19
+ Cash From Debt	17	20	33	68	170	152	88	208	111	142	148	189	198	93	183
+ Repayments of Debt	-17	-17	-29	-67	-131	-178	-82	-169	-144	-133	-148	-179	-226	-90	-163
+ Other Financing Activities	3	10	- -	1	- -	1	-9	-4	75	-1	-1	- -	-1	-7	-10
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	3	13	35	47	78	2	18	35	43	47	14	11	41	142	528
Effect of Foreign Exchange Rates	- -	- -	- -	- -	-1	2	- -	2	- -	-1	-1	2	2	2	-6
Net Changes in Cash	-3	9	11	10	1	17	32	-28	9	-16	-8	-7	18	22	143
EBITDA	-1	3	3	12	23	37	108	20	-23	-21	-30	-36	-20	-50	-22
EBITDA Margin (%)	-1.14	5.07	4.36	8.88	12.16	14.33	28.13	7.43	-12.11	-9.12	-14.2	-15.99	-9.18	-20	-4.84
Free Cash Flow	-6	-4	-16	-36	-73	7	17	-64	-31	-60	-20	-18	-18	-113	-354
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	-36	-72	- -	18	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	-5	-1	-12	-32	-34	-19	23	-18	-63	-50	-20	-7	-44	-110	-334
Free Cash Flow per Basic Share	-0.68	-0.42	-1.6	-2.51	-4.66	0.41	0.88	-3.25	-1.56	-2.76	-0.75	-0.64	-0.55	-2.73	-5.88
Price/Free Cash Flow	- -	- -	42.34	3.22	6.7	3.88	5.02	3.3	8.58	-6.71	-43.15	-5.1	355.1	-59.78	411.46
Cash Flow to Net Income	0.77	0.38	4.4	1.99	-1.41	1.83	1.14	-6.54	0.03	0.75	0.21	0.21	0.14	0.37	4.56
Capital Expenditures	-2	-3	-10	-44	-58	-50	-67	-78	-29	-16	-8	-4	-10	-44	-180