Applied Optoelectronics Inc (AAOI)
NASDAQ:AAOI
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Earnings Data
Report Date
Jul 30, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.02Last Year’s EPS
-0.16Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a constructive and growth-oriented outlook driven by record revenue, significant YoY data center expansion (154% YoY), early volume shipments/orders for next-generation 800G and 1.6T products, large capacity expansion plans, and a materially stronger cash position. Management upgraded 2026 revenue to >$1.1B and expects >$140M non-GAAP operating income, reflecting confidence in demand. Offsetting factors include ongoing non-GAAP and GAAP losses in Q1, lower near-term gross margins (29.2%), high customer concentration, capacity constraints that limit the near-term ability to meet demand, heavy CapEx and inventory build, and operational/qualification timing risks tied to long equipment lead times. Overall, the positive operational momentum, bookings, and upgraded guidance outweigh the execution and timing risks described on the call.Company Guidance
Record Quarterly Revenue and Strong Top-Line Growth
Q1 revenue of $151.1M, a record fourth consecutive quarter, up 51% year-over-year and up 13% sequentially; revenue was in line with guidance ($150M–$165M).
Data Center Business Acceleration
Data center revenue of $81.4M, up 154% year-over-year and up 9% sequentially; 100G sales +36% YoY and 400G sales increased tenfold YoY. 800G revenue was $4.6M in Q1 (5.6% of data center revenue). First volume shipment of 800G single-mode transceivers completed and first volume order for 1.6T transceivers received.
CATV Momentum and Sequential Strength
CATV revenue of $66.8M, up 4% year-over-year and up 24% sequentially, at the high end of expectations ($61M–$67M); company expects Q2 CATV revenue of $75M–$80M and now forecasts over $325M annually in CATV.
Upgraded 2026 Revenue and Profitability Outlook
Company now expects 2026 revenue to exceed $1.1B and to generate more than $140M in non-GAAP operating income for the year (upgrade from prior guidance of ~$1.0B).
Large Capacity Expansion Plan and Production Ramp
Manufacturing footprint expanded in Texas to ~900k sq ft (multiple buildings); exiting Q1 800G/1.6T capacity ~100k units/month and expecting to approach ~150k/month this quarter; target >650k/month of 800G/1.6T by end of 2026 and >930k/month by end of 2027.
In-house Laser and CPO (ELSFP) Strategy
Company emphasizes in-house laser manufacturing advantage, plans to expand laser fabrication capacity ~350% by 2027 and anticipates ramping ELSFP production to ~400k pieces/month by 2027; positioning to be a top global laser producer by end of next year.
Healthy Liquidity Position
Total cash, cash equivalents, short-term investments and restricted cash of $449.4M at quarter end, up from $216M at end of 2025 (~108% increase), providing resources for CapEx and growth.
Order and Customer Wins
Received multiple volume orders from long-term hyperscale customers (including first 1.6T volume order and two new 800G orders); company expects one hyperscale customer to return as a 10%+ customer.
AAOI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AAOI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $157.55 | $148.94 | -5.46% |
Feb 26, 2026 | $53.69 | $84.23 | +56.88% |
Nov 06, 2025 | $29.10 | $28.57 | -1.82% |
Aug 07, 2025 | $22.33 | $21.59 | -3.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Applied Optoelectronics Inc (AAOI) report earnings?
Applied Optoelectronics Inc (AAOI) is schdueled to report earning on Jul 30, 2026, TBA (Confirmed).
What is Applied Optoelectronics Inc (AAOI) earnings time?
Applied Optoelectronics Inc (AAOI) earnings time is at Jul 30, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AAOI EPS forecast?
AAOI EPS forecast for the fiscal quarter 2026 (Q2) is 0.02.