Applied Optoelectronics annual operating margin
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Applied Optoelectronics Operating Margin Growth & History (AAOI)
Applied Optoelectronics's operating margin was −11.98% for fiscal 2025.
View full Applied Optoelectronics company overviewApplied Optoelectronics annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −11.98% | +16.45 pp |
| 2024 | 2024-12-31 | −28.44% | −9.44 pp |
| 2023 | 2023-12-31 | −19.00% | +7.48 pp |
| 2022 | 2022-12-31 | −26.48% | +0.35 pp |
| 2021 | 2021-12-31 | −26.83% | −6.01 pp |
| 2020 | 2020-12-31 | −20.82% | +4.72 pp |
| 2019 | 2019-12-31 | −25.54% | −21.51 pp |
| 2018 | 2018-12-31 | −4.03% | −26.77 pp |
| 2017 | 2017-12-31 | 22.74% | +13.91 pp |
| 2016 | 2016-12-31 | 8.83% | +1.75 pp |
| 2015 | 2015-12-31 | 7.08% | +3.14 pp |
| 2014 | 2014-12-31 | 3.94% | +4.33 pp |
| 2013 | 2013-12-31 | −0.39% | −0.67 pp |
| 2012 | 2012-12-31 | 0.28% | +8.09 pp |
| 2011 | 2011-12-31 | −7.81% | — |
Applied Optoelectronics quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −12.88% | +2.63 pp |
| Q1 2026 | 2026-03-31 | −8.60% | +0.35 pp |
| Q4 2025 | 2025-12-31 | −8.57% | −2.11 pp |
| Q3 2025 | 2025-09-30 | −15.33% | +10.07 pp |
| Q2 2025 | 2025-06-30 | −15.52% | +45.13 pp |
| Q1 2025 | 2025-03-31 | −8.95% | +44.27 pp |
| Q4 2024 | 2024-12-31 | −6.45% | +1.04 pp |
| Q3 2024 | 2024-09-30 | −25.40% | −14.71 pp |
| Q2 2024 | 2024-06-30 | −60.65% | −22.29 pp |
| Q1 2024 | 2024-03-31 | −53.22% | −26.50 pp |
| Q4 2023 | 2023-12-31 | −7.49% | +22.32 pp |
| Q3 2023 | 2023-09-30 | −10.69% | +13.12 pp |
| Q2 2023 | 2023-06-30 | −38.36% | −13.70 pp |
| Q1 2023 | 2023-03-31 | −26.72% | +0.54 pp |
| Q4 2022 | 2022-12-31 | −29.82% | −4.78 pp |
| Q3 2022 | 2022-09-30 | −23.81% | +5.21 pp |
| Q2 2022 | 2022-06-30 | −24.66% | +0.52 pp |
| Q1 2022 | 2022-03-31 | −27.26% | +0.99 pp |
| Q4 2021 | 2021-12-31 | −25.04% | +0.11 pp |
| Q3 2021 | 2021-09-30 | −29.01% | −20.16 pp |
| Q2 2021 | 2021-06-30 | −25.19% | −8.16 pp |
| Q1 2021 | 2021-03-31 | −28.24% | +15.73 pp |
| Q4 2020 | 2020-12-31 | −25.15% | −0.38 pp |
| Q3 2020 | 2020-09-30 | −8.85% | +15.01 pp |
| Q2 2020 | 2020-06-30 | −17.03% | +14.82 pp |
| Q1 2020 | 2020-03-31 | −43.97% | −21.46 pp |
| Q4 2019 | 2019-12-31 | −24.77% | −3.61 pp |
| Q3 2019 | 2019-09-30 | −23.86% | −6.83 pp |
| Q2 2019 | 2019-06-30 | −31.85% | −42.04 pp |
| Q1 2019 | 2019-03-31 | −22.51% | −25.84 pp |
| Q4 2018 | 2018-12-31 | −21.16% | −34.08 pp |
| Q3 2018 | 2018-09-30 | −17.03% | −37.34 pp |
| Q2 2018 | 2018-06-30 | 10.18% | −19.01 pp |
| Q1 2018 | 2018-03-31 | 3.33% | −21.94 pp |
| Q4 2017 | 2017-12-31 | 12.92% | −5.74 pp |
| Q3 2017 | 2017-09-30 | 20.31% | +10.67 pp |
| Q2 2017 | 2017-06-30 | 29.19% | +25.62 pp |
| Q1 2017 | 2017-03-31 | 25.27% | +28.36 pp |
| Q4 2016 | 2016-12-31 | 18.66% | +13.46 pp |
| Q3 2016 | 2016-09-30 | 9.64% | −1.09 pp |
| Q2 2016 | 2016-06-30 | 3.57% | −8.30 pp |
| Q1 2016 | 2016-03-31 | −3.09% | +1.27 pp |
| Q4 2015 | 2015-12-31 | 5.20% | +1.58 pp |
| Q3 2015 | 2015-09-30 | 10.72% | +5.60 pp |
| Q2 2015 | 2015-06-30 | 11.87% | +6.57 pp |
| Q1 2015 | 2015-03-31 | −4.35% | −5.24 pp |
| Q4 2014 | 2014-12-31 | 3.62% | +4.87 pp |
| Q3 2014 | 2014-09-30 | 5.12% | +2.04 pp |
| Q2 2014 | 2014-06-30 | 5.30% | +5.05 pp |
| Q1 2014 | 2014-03-31 | 0.88% | +5.77 pp |
| Q4 2013 | 2013-12-31 | −1.25% | −0.30 pp |
| Q3 2013 | 2013-09-30 | 3.09% | — |
| Q2 2013 | 2013-06-30 | 0.25% | — |
| Q1 2013 | 2013-03-31 | −4.89% | — |
| Q3 2012 | 2012-09-30 | −0.95% | — |
Applied Optoelectronics operating margin trends
Over the last five reported fiscal years, Applied Optoelectronics's operating margin increased from −20.82% to −11.98%, a change of +8.84 percentage points. The latest reported quarter, Q2 2026, shows −12.88%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Applied Optoelectronics filings at SEC.gov ↗