The table below shows APPLIED OPTOELECTRONICS, INC.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$455.71M
$249.37M
$217.65M
$222.82M
$211.56M
$234.62M
Cost of revenue
$318.80M
$187.56M
$158.72M
$189.19M
$173.85M
$184.08M
Gross profit
$136.91M
$61.80M
$58.92M
$33.63M
$37.72M
$50.54M
R&D
$85.51M
$54.95M
$35.98M
$36.24M
$41.22M
$43.39M
AAOI annual revenue (10-K history)
APPLIED OPTOELECTRONICS, INC. reported annual revenue of $455.71M for fiscal year 2025. That is up 82.8% from $249.37M in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $260.71M (FY 2016) to $455.71M. Figures come from the company's audited annual reports as filed with the SEC.