AAOI
Applied Optoelectronics, Inc.
Price as of Jul 20, 2026
AAOI earnings
Applied Optoelectronics, Inc. earnings
Reported EPS and revenue history, upcoming estimates and available earnings-call summaries.
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $-0.05 | $-0.07 | -42.9% | $151M | -3.7% |
| Nov 6, 2025 | $-0.10 | $-0.09 | +10.0% | $119M | -9.8% |
| Aug 7, 2025 | $-0.08 | $-0.16 | -100.0% | $103M | -13.2% |
| May 8, 2025 | $-0.04 | $-0.02 | +50.0% | $100M | +0.5% |
| Feb 26, 2025 | $-0.02 | $-0.02 | +0.0% | $100M | +0.3% |
| Nov 7, 2024 | $-0.17 | $-0.21 | -23.5% | $65M | -34.8% |
| May 9, 2024 | $-0.29 | $-0.31 | -6.9% | $41M | -6.7% |
| Feb 22, 2024 | $-0.06 | $0.04 | +166.7% | $60M | -7.3% |
| Nov 9, 2023 | $-0.05 | $-0.05 | +0.0% | $63M | -0.1% |
| Aug 3, 2023 | $-0.28 | $-0.21 | +25.0% | $42M | -8.4% |
| May 4, 2023 | $-0.18 | $-0.25 | -38.9% | $53M | -1.4% |
| Feb 23, 2023 | $-0.30 | $-0.19 | +36.7% | $62M | +0.5% |
Earnings call summary
Q1 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Pleased with solid Q1 results in line with expectations, driven by strong demand in data center and CATV businesses. • Saw strong customer engagement around 800G and 1.6T products. • Completed 4th volume shipment of 800G single-mode transceiver to a large hyperscale customer. • Working to add capacity to meet forecast demand outpacing production capacity through mid-2027. • Made progress on expanding manufacturing capacity in Texas and Taiwan.
Guidance
• Now believes 2026 revenue will exceed $1.1 billion and generate over $140 million in long-term operating income. • Q2 revenue expected between $180 million and $198 million. • Non-GAAP gross margin expected in range of 29% to 30%. • Non-GAAP net income expected in range of a loss of $2.5 million to income of $2.8 million.
Segment performance
In Q1, data center product revenue was $81.4 million, up 154% year-over-year and 9% sequentially. CATV product revenue was $66.8 million, up 4% year-over-year and 24% sequentially. Telecom product revenue was $2.6 million, down 13% year-over-year and 50% sequentially. Revenue contribution: data center 54%, CATV 44%, others 2%.
Risks & headwinds
• Risk of material supply disruptions. • Equipment delivery and installation cycle time risks. • Uncertainty in recovery of tariffs as process is new. • Potential competitive impact from contract manufacturers entering transceiver production for hyperscale customers.
Analyst Q&A
Q: Simon Leopold asked about risk profile for ramping capacity and clarification on $471 million monthly value.
A: Thompson and Stephan responded on risk from prior capacity expansions, equipment in-house development minimizing supply chain risk, and $471 million being revenue forecast considering qualification and delivery timing.
Q: George Nodder asked about ELSP customer engagements.
A: Thompson said working with several large customers on three-year long-term agreements including laser and ELSP.
Q: Michael Genovese asked about 800G qualification and second half revenue shape.
A: Thompson and Stephan responded on qualification progress and non-linear revenue growth in second half due to manufacturing and qualification processes.
Q: Tim Savageau asked about capacity vs forecast and competitive impact.
A: Thompson and Stephan responded on capacity timing and revenue realization, and uncertainty on competitive margin impact.
Earnings history is derived from company filings and calendar data. Call summaries are grouped by reporting period. Latest covered event: 2026-08-06.