AAOI Q2 2025

Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

Applied Optoelectronics delivered a sharply mixed second quarter, posting revenue of $102.95 million, up 137.9% year over year, while missing badly on the bottom line, with a GAAP loss of $0.16 per share against a consensus estimate of $0.08, a 100% … Read more Applied Optoelectronics delivered a sharply mixed second quarter, posting revenue of $102.95 million, up 137.9% year over year, while missing badly on the bottom line, with a GAAP loss of $0.16 per share against a consensus estimate of $0.08, a 100% shortfall that rattled investors even as the top-line growth told a different story. The revenue surge was fueled by a dramatic rebound in the company's CATV segment, which climbed to $56.02 million from just $5.82 million a year ago, alongside solid datacenter growth to $44.79 million. The earnings miss stemmed primarily from surging operating expenses, particularly R&D spending that jumped to $20.61 million as AOI pushed toward 800G transceiver qualification with a major hyperscale customer, an effort management believes is in its final stages, with meaningful shipments expected in the second half of 2025. A director's $405,700 insider purchase shortly after results underscored some confidence in the trajectory. Looking ahead, AOI guided Q3 revenue of $115 million to $127 million, with investors already watching what comes next as 800G ramp nears.