Filing Flows › Applied Optoelectronics (AAOI) › Q2 2026
Applied Optoelectronics (AAOI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Applied Optoelectronics (AAOI) reported revenue of $192M for the second quarter 2026 (Q2 2026), +86% from a year earlier and +27% from the quarter before. Operating margin was -12.9%, net loss $22.8M (11.9% of revenue).
Applied Optoelectronics, Q2 2026: revenue $192M (+86% year over year), operating margin -12.9%, net loss $22.8M, operating cash flow $11.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $192M | +27% | +86% |
| Operating profit | −$24.7M | — | — |
| Net earnings | −$22.8M | — | — |
| Operating cash flow | $11.6M | — | — |
What changed
Revenue was $191.9M in Q2 2026, up 86% year over year and up 27% from the previous quarter. Data Center was the largest line at 56% of revenue. Data Center added $62.9M year over year (up 140%), 71% of the total change.
Gross margin was 27.7%, down 2.5 points from a year earlier. Operating costs exceeded revenue by $24.7M, an operating margin of -12.9%. Operating expenses grew 65% against revenue growth of 86%. The fastest-growing cost line was General & admin (+72%). The quarter ended with a net loss of $22.8M, wider than the previous quarter's $14.3M loss.
Operating cash flow was $11.6M. Non-cash charges added back $10.5M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items added $19.0M.
Questions
What was Applied Optoelectronics' revenue in the second quarter 2026?
Applied Optoelectronics (AAOI) reported revenue of $192M for the second quarter 2026 (Q2 2026), +86% from a year earlier and +27% from the quarter before.
Was Applied Optoelectronics profitable in the second quarter 2026?
Operating loss was $24.7M (-12.9% of revenue) and net loss $22.8M.