Applied Optoelectronics Operating Expenses Growth & History (AAOI)
Applied Optoelectronics's operating expenses was $191.5M for fiscal 2025.
View full Applied Optoelectronics company overviewApplied Optoelectronics annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $191.5M | $58.8M | +44.31% |
| 2024 | 2024-12-31 | $132.7M | $32.4M | +32.35% |
| 2023 | 2023-12-31 | $100.3M | $7.6M | +8.25% |
| 2022 | 2022-12-31 | $92.6M | −$1.9M | −1.96% |
| 2021 | 2021-12-31 | $94.5M | −$4.9M | −4.93% |
| 2020 | 2020-12-31 | $99.4M | $4.4M | +4.67% |
| 2019 | 2019-12-31 | $94.9M | −$3.6M | −3.65% |
| 2018 | 2018-12-31 | $98.5M | $19.2M | +24.22% |
| 2017 | 2017-12-31 | $79.3M | $15.4M | +24.08% |
| 2016 | 2016-12-31 | $63.9M | $16.9M | +36.02% |
| 2015 | 2015-12-31 | $47.0M | $7.9M | +20.19% |
| 2014 | 2014-12-31 | $39.1M | $15.8M | +67.59% |
| 2013 | 2013-12-31 | $23.3M | $4.6M | +24.45% |
| 2012 | 2012-12-31 | $18.8M | $1.6M | +9.61% |
| 2011 | 2011-12-31 | $17.1M | — | — |
Applied Optoelectronics quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $77.9M | $30.8M | +65.33% |
| Q1 2026 | 2026-03-31 | $56.9M | $17.4M | +44.14% |
| Q4 2025 | 2025-12-31 | $53.4M | $18.2M | +51.83% |
| Q3 2025 | 2025-09-30 | $51.5M | $19.0M | +58.48% |
| Q2 2025 | 2025-06-30 | $47.1M | $11.3M | +31.65% |
| Q1 2025 | 2025-03-31 | $39.5M | $10.2M | +35.04% |
| Q4 2024 | 2024-12-31 | $35.2M | $9.1M | +34.68% |
| Q3 2024 | 2024-09-30 | $32.5M | $5.6M | +20.86% |
| Q2 2024 | 2024-06-30 | $35.8M | $11.9M | +50.05% |
| Q1 2024 | 2024-03-31 | $29.2M | $5.8M | +24.89% |
| Q4 2023 | 2023-12-31 | $26.1M | $1.5M | +6.29% |
| Q3 2023 | 2023-09-30 | $26.9M | $3.6M | +15.55% |
| Q2 2023 | 2023-06-30 | $23.9M | $2.3M | +10.85% |
| Q1 2023 | 2023-03-31 | $23.4M | $147,000 | +0.63% |
| Q4 2022 | 2022-12-31 | $24.6M | $2.9M | +13.21% |
| Q3 2022 | 2022-09-30 | $23.2M | −$332,000 | −1.41% |
| Q2 2022 | 2022-06-30 | $21.5M | −$2.9M | −11.87% |
| Q1 2022 | 2022-03-31 | $23.3M | −$1.5M | −6.03% |
| Q4 2021 | 2021-12-31 | $21.7M | −$2.7M | −11.12% |
| Q3 2021 | 2021-09-30 | $23.6M | −$2.4M | −9.21% |
| Q2 2021 | 2021-06-30 | $24.4M | −$417,000 | −1.68% |
| Q1 2021 | 2021-03-31 | $24.8M | $625,000 | +2.59% |
| Q4 2020 | 2020-12-31 | $24.4M | $1.0M | +4.48% |
| Q3 2020 | 2020-09-30 | $26.0M | $3.0M | +13.05% |
| Q2 2020 | 2020-06-30 | $24.8M | $478,000 | +1.96% |
| Q1 2020 | 2020-03-31 | $24.1M | −$88,000 | −0.36% |
| Q4 2019 | 2019-12-31 | $23.4M | $576,000 | +2.52% |
| Q3 2019 | 2019-09-30 | $23.0M | −$4.2M | −15.36% |
| Q2 2019 | 2019-06-30 | $24.4M | −$554,000 | −2.22% |
| Q1 2019 | 2019-03-31 | $24.2M | $554,000 | +2.34% |
| Q4 2018 | 2018-12-31 | $22.8M | $980,000 | +4.49% |
| Q3 2018 | 2018-09-30 | $27.1M | $5.8M | +27.30% |
| Q2 2018 | 2018-06-30 | $24.9M | $5.9M | +31.04% |
| Q1 2018 | 2018-03-31 | $23.7M | $6.5M | +37.94% |
| Q4 2017 | 2017-12-31 | $21.8M | $5.4M | +33.18% |
| Q3 2017 | 2017-09-30 | $21.3M | $4.9M | +30.00% |
| Q2 2017 | 2017-06-30 | $19.0M | $3.7M | +24.05% |
| Q1 2017 | 2017-03-31 | $17.2M | $1.3M | +8.53% |
| Q4 2016 | 2016-12-31 | $16.4M | $3.5M | +27.44% |
| Q3 2016 | 2016-09-30 | $16.4M | $4.5M | +37.47% |
| Q2 2016 | 2016-06-30 | $15.3M | $4.5M | +41.39% |
| Q1 2016 | 2016-03-31 | $15.8M | $4.4M | +39.08% |
| Q4 2015 | 2015-12-31 | $12.9M | $1.9M | +17.55% |
| Q3 2015 | 2015-09-30 | $11.9M | $1.7M | +16.13% |
| Q2 2015 | 2015-06-30 | $10.8M | $1.4M | +14.63% |
| Q1 2015 | 2015-03-31 | $11.4M | $2.9M | +34.79% |
| Q4 2014 | 2014-12-31 | $10.9M | $4.0M | +56.93% |
| Q3 2014 | 2014-09-30 | $10.3M | $4.6M | +80.85% |
| Q2 2014 | 2014-06-30 | $9.5M | $4.1M | +75.21% |
| Q1 2014 | 2014-03-31 | $8.4M | $3.1M | +59.56% |
| Q4 2013 | 2013-12-31 | $7.0M | $1.9M | +36.40% |
| Q3 2013 | 2013-09-30 | $5.7M | $852,000 | +17.64% |
| Q2 2013 | 2013-06-30 | $5.4M | $938,000 | +21.03% |
| Q1 2013 | 2013-03-31 | $5.3M | $936,000 | +21.52% |
| Q4 2012 | 2012-12-31 | $5.1M | — | — |
| Q3 2012 | 2012-09-30 | $4.8M | — | — |
| Q2 2012 | 2012-06-30 | $4.5M | — | — |
| Q1 2012 | 2012-03-31 | $4.3M | — | — |
Applied Optoelectronics operating expenses trends
Over the last five fiscal years, Applied Optoelectronics's operating expenses increased from $99.4M to $191.5M, a change of $92.1M. The latest reported quarter, Q2 2026, shows $77.9M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Applied Optoelectronics source filings ↗