APPLIED OPTOELECTRONICS, INC. (AAOI) Form 8-K — Aug 6, 2026
Applied Optoelectronics reported record Q2 2026 revenue of $191.9 million, up from $103.0 million a year earlier, marking its fifth consecutive record quarter. The company also returned to non-GAAP profitability, posting $5.5 million of non-GAAP net income, or $0.06 per diluted share. On a GAAP basis the company still lost money: net loss widened to $22.8 million ($0.28 per basic share) from $9.1 million in Q2 2025, and GAAP gross margin slipped to 27.7% from 30.3% a year ago. Adjusted EBITDA remained slightly negative at -$0.5 million.
Key figures
- Revenue
- 191900000
- Guidance
- Q3 2026: revenue $255M-$290M; non-GAAP gross margin 29%-30.5%; non-GAAP net income $10.1M-$24.0M; non-GAAP EPS $0.11-$0.26 on ~92.8M shares
- Revenue Yoy
- +86.4% (derived from stated $191.9M Q2 2026 vs $103.0M Q2 2025)
- Total Assets
- 2301192000
- Cash Position
- 508758000
- Non Gaa PEps
- 0.06
- Catv Revenue Q2
- 80578000
- Capacity Target
- approaching 200,000 units/month now; ~650,000 pieces/month of 800G and 1.6Tb products by end of 2026
- Gaap Gross Margin
- 27.7% (vs 30.3% Q2 2025)
- Non Gaa PNet Income
- 5500000
- Telecom Revenue Q2
- 3411000
- Non Gaa PGross Margin
- 29.8%
- Stockholders Equity
- 1668025000
- Datacenter Revenue Q2
- 107662000
- Weighted Basic Shares
- 81568000
- Convertible Senior Notes
- 129142000
- Prior Quarter Revenue Q1 2026
- 151100000
Price after filing
Close on the filing date to close N calendar days later (from $131.63). Historical, not a forecast.
AI analysis
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