AAOI Q2 FY2026 earnings: EPS beat by 297.4%, revenue missed by 0.8%
Applied Optoelectronics reported Q2 FY2026. EPS came in at $0.06 against a $0.02 consensus, beat by 297.4%. Revenue was $189.0M versus $190.5M expected, missed by 0.8%. Gross margin was 27.7%, down 140 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $0.06 | $0.02 | beat by 297.4% |
| Revenue | $189.0M | $190.5M | missed by 0.8% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $191.9M | +27.0% | +86.4% |
| Gross profit | $53.2M | +21.2% | +70.7% |
| Operating income | $-24.7M | -90.3% | -54.8% |
| Net income | $-22.8M | -59.5% | -150.4% |
| Diluted EPS | -$0.28 | -47.4% | -75.0% |
| Gross margin: 27.7%. |
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The trend
Revenue is up 86.4% from the same quarter last year. Gross margin sits at 27.7%, 350 bps off its 8-quarter high.
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How it stacks up
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