Applied Optoelectronics, Inc.
Description
Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment, and amplifiers. The company sells its products to internet data center operators, cable television, telecom equipment manufacturers, fiber-to-the-home, and internet service providers through its direct and indirect sales channels. Applied Optoelectronics, Inc. was incorporated in 1997 and is headquartered in Sugar Land, Texas.
About
CEO
Dr. Chih-Hsiang Lin Ph.D.
Employees
2,149
Instrument type
Common Stock
Sector
Technology
Industry
Communication Equipment
MIC code
XNMS
Address
13139 Jess Pirtle Boulevard, Sugar Land, TX 77478, United States
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Summary
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 5, 2025 | — | — | — | — |
| Aug 4, 2025 | — | — | — | — |
| May 7, 2025 | — | — | — | — |
| Feb 20, 2025 | -0.02 | — | — | — |
| Nov 8, 2024 | -0.17 | -0.21 | -0.04 | 23.53% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 4 | — | 4 |
| Average estimate | — | 0.00 | — | 0.90 |
| Low estimate | — | -0.04 | — | 0.57 |
| High estimate | — | 0.05 | — | 1.36 |
| Last year EPS | — | -0.31 | — | -0.81 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-143.750%
Next qtr. (Mar 2025)
100.000%
Current year
-92.860%
Next year (Dec 2025)
211.110%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 217.65M | 222.82M | 211.57M | 234.62M | 190.87M |
| Cost of revenue | 158.73M | 189.19M | 173.85M | 184.08M | 144.67M |
| Gross profit | 58.92M | 33.63M | 37.72M | 50.54M | 46.20M |
| Operating expense | |||||
| Research & development | 35.98M | 36.24M | 41.22M | 43.39M | 43.40M |
| Selling general and admin | 64.30M | 56.38M | 53.26M | 55.99M | 51.55M |
| Other operating expenses | -937,000 | -160,000 | -1.35M | -2.71M | -1.61M |
| Operating income | -40.41M | -58.84M | -55.42M | -46.13M | -47.13M |
| Non operating interest income | |||||
| Income | 609,000 | 126,000 | 70,000 | 255,000 | 925,000 |
| Expense | 9.43M | 6.32M | 5.62M | 5.64M | 5.41M |
| Other income expense | -6.81M | -1.37M | 6.81M | 290,000 | 226,000 |
| Pretax income | -56.04M | -66.40M | -54.16M | -51.22M | -51.39M |
| Tax provision | 9,000 | 1,000 | 2,000 | 7.23M | 14.66M |
| Net income | -56.05M | -66.40M | -54.16M | -58.45M | -66.05M |
| Basic EPS | -1.75 | -2.38 | -2.01 | -2.67 | -3.31 |
| Diluted EPS | -1.75 | -2.38 | -2.01 | -2.67 | -3.31 |
| Basic average shares | 31.94M | 27.85M | 26.91M | 21.87M | 19.98M |
| Diluted average shares | 31.94M | 27.85M | 26.91M | 21.87M | 19.98M |
| EBITDA | -26.84M | -35.43M | -29.85M | -20.84M | -21.98M |
| Net income from continuing op. | -56.05M | -66.40M | -54.16M | -58.45M | -66.05M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 389.19M | 408.26M | 454.46M | 480.81M | 466.83M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 45.37M | 24.69M | 34.66M | 43.43M | 59.98M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 48.07M | 61.18M | 47.94M | 43.04M | 34.65M |
| Other receivables | — | — | — | — | — |
| Inventory | 63.87M | 79.68M | 92.52M | 110.40M | 85.03M |
| Prepaid assets | 3,000 | — | 1,000 | 2,000 | 224,000 |
| Restricted cash | 9.73M | 10.90M | 6.48M | 6.69M | 7.05M |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 5.35M | 6.38M | 4.33M | 5.21M | 5.87M |
| Non current assets | |||||
| Properties | 5.03M | 5.59M | 7.14M | 7.82M | 7.89M |
| Land and improvements | 1.91M | 1.91M | 1.91M | 1.91M | 1.91M |
| Machinery furniture equipment | 276.02M | 268.99M | 285.50M | 271.89M | 253.73M |
| Construction in progress | 29.94M | 30.43M | 33.71M | 33.34M | 25.94M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -194.09M | -177.52M | -167.77M | -142.43M | -116.98M |
| Goodwill | 8.66M | 8.94M | 9.69M | 9.85M | 9.68M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 8.66M | 8.94M | 9.69M | 9.85M | 9.68M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 2.58M | 386,000 | 518,000 | 982,000 | 8.01M |
| Total liabilities | 174.32M | 223.59M | 199.89M | 202.91M | 193.03M |
| Current liabilities | |||||
| Accounts payable | 32.89M | 47.85M | 34.40M | 29.48M | 32.83M |
| Accrued expenses | 14.24M | 13.15M | 10.02M | 14.90M | 14.05M |
| Short term debt | 40.11M | 70.52M | 58.97M | 55.16M | 40.66M |
| Deferred revenue | 1.99M | 3.22M | 195,000 | 303,000 | 312,000 |
| Tax payable | 745,000 | 588,000 | 1.90M | 251,000 | 1.22M |
| Pensions | 3.38M | 3.27M | 3.47M | 3.06M | 2.29M |
| Other current liabilities | — | -3.00M | — | — | — |
| Non current liabilities | |||||
| Long term debt | 80.96M | 85.01M | 90.93M | 99.77M | 101.68M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 38,000 | 29,000 | 27,000 | 25,000 | 20,000 |
| Retained earnings | -265.12M | -209.07M | -142.67M | -88.51M | -30.06M |
| Other shareholders equity | 975,000 | 2.18M | 16.07M | 11.69M | 430,000 |
| Total shareholders equity | 214.87M | 184.67M | 254.57M | 277.89M | 273.79M |
| Additional paid in capital | 478.97M | 391.53M | 381.14M | 354.69M | 303.40M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Net Income | -56.05M | -66.40M | -54.16M | -58.45M | -66.05M | -2.15M | 73.95M | 31.23M | 10.79M | 4.28M | -1.41M | -945,000 | -5.33M | -3.38M |
| Depreciation | 20.43M | 23.20M | 25.37M | 24.73M | 24.01M | 29.70M | 20.38M | 14.19M | 9.42M | 6.17M | 3.41M | 2.94M | 3.11M | 3.34M |
| Deferred Taxes | — | — | — | 7.35M | 14.57M | -8.96M | -114,000 | -11.43M | — | — | — | — | — | — |
| Stock-Based Compensation | 11.88M | 9.60M | 12.12M | 13.05M | 11.80M | 11.12M | 7.80M | 3.83M | 2.12M | 2.06M | 1.07M | 161,000 | 563,000 | 780,000 |
| Other Non-Cash Items | 11.04M | 5.80M | 4.68M | 4.83M | 7.67M | 7.21M | 1.95M | 3.71M | 2.83M | 941,000 | 1.07M | — | — | — |
| Accounts Receivable | 13.21M | -4.99M | -14.61M | -8.81M | -4.36M | 29.32M | -10.08M | -11.15M | -6.55M | -10.68M | -7.42M | -2.19M | -4.50M | -2.10M |
| Accounts Payable | -14.95M | 12.97M | 7.07M | -3.35M | 3.15M | -13.71M | 7.25M | 9.11M | -1.26M | 18.95M | 8.08M | -961,000 | 1.53M | -251,000 |
| Other Assets & Liabilities | 6.47M | -1.34M | 16.58M | -22.08M | 7.87M | -31.34M | -26.14M | 14.33M | -40.13M | -16.85M | -12.14M | -799,000 | -1.11M | -3.83M |
| Operating Cash Flow | -7.97M | -21.15M | -2.94M | -42.73M | -1.33M | 21.18M | 74.99M | 53.82M | -22.77M | 4.87M | -7.35M | -1.79M | -5.72M | -5.44M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -8.94M | -2.81M | -7.87M | -15.58M | -28.79M | -70.48M | -66.80M | -49.43M | -56.73M | -41.08M | -9.60M | -3.04M | -1.40M | -2.98M |
| Net Intangibles | -588,000 | -498,000 | -457,000 | -489,000 | -640,000 | -6.07M | -499,000 | -547,000 | -478,000 | -3.34M | -123,000 | -209,000 | -167,000 | -47,000 |
| Net Acquisitions | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | -175,000 | -246,000 | -7.97M | — | — | — |
| Sale of Investments | — | — | — | — | — | 36,000 | 8,000 | 7.75M | — | — | — | — | — | — |
| Investing Cash Flow | -14.17M | -3.34M | -10.09M | -18.86M | -31.48M | -69.77M | -69.66M | -40.99M | -61.14M | -42.05M | -17.61M | -3.08M | -1.40M | -2.87M |
| Financing Activities | ||||||||||||||
| Long-Term Debt Issuance | 141.29M | — | — | 6.23M | 13.66M | 47.85M | — | 28.86M | 16.94M | 8.15M | 2.85M | 845,000 | — | 391,000 |
| Long-Term Debt Payments | -225.82M | -178.96M | -147.91M | -132.61M | -143.62M | -168.70M | -82.07M | -178.32M | -131.16M | -66.80M | -29.32M | -17.44M | -16.65M | -7.46M |
| Other Financing Charges | 82.71M | -454,000 | -961,000 | -1.08M | 75.47M | -4.14M | -10.72M | 2.99M | 6,000 | 266,000 | -249,000 | -193,000 | -155,000 | 455,000 |
| Financing Cash Flow | 36.30M | -160.85M | -129.67M | -79.92M | -57.67M | -130.89M | -22.53M | -167.68M | -50.67M | -10.83M | 5.67M | -3.99M | -13.58M | 1.95M |
| Other Cash Details | ||||||||||||||
| End Cash Position | 55.10M | 35.59M | 41.14M | 50.12M | 67.03M | 58.00M | 83.95M | 51.96M | 32.79M | 32.18M | 22.01M | 10.72M | 1.77M | 4.49M |
| Income Tax Paid | 9,000 | — | 1,000 | — | — | 8.47M | 5.84M | — | 650,000 | 148,000 | 1,000 | — | 1,000 | 2,000 |
| Interest Paid | 8.10M | 5.14M | 4.90M | 4.97M | 3.17M | 848,000 | 872,000 | 1.69M | 1.07M | 329,000 | 1.13M | 1.47M | 1.39M | 737,000 |
| Free Cash Flow | -17.60M | -17.73M | -20.08M | -60.29M | -31.18M | -63.89M | 16.82M | 7.12M | -72.77M | -35.94M | -15.91M | -3.75M | -6.08M | -6.27M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 1,342,926 | 37.82M | 2.87% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 1,056,157 | 29.74M | 2.25% |
| Oberweis Micro-Cap Portfolio | Sep 30, 2024 | 865,915 | 24.38M | 1.85% |
| Royce Small-Cap Opportunity Fund | Sep 30, 2024 | 627,730 | 17.68M | 1.34% |
| Invesco ETF Tr-Invesco Dorsey Wright Technology Momentum ETF | Nov 30, 2024 | 553,999 | 15.60M | 1.18% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 548,777 | 15.45M | 1.17% |
| Columbia Fds Ser Tr I-Columbia Small Cap Value Fd I | Oct 31, 2024 | 441,530 | 12.43M | 0.94% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 378,831 | 10.67M | 0.81% |
| Harbor Small Cap Growth Fund | Oct 31, 2024 | 372,355 | 10.49M | 0.79% |
| iShares Russell 2000 Value ETF | Nov 30, 2024 | 362,555 | 10.21M | 0.77% |
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