StockWatch
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Semiconductors
Quarterly ResultMay 7, 2026, 04:15 PM

Applied Optoelectronics Q1 Revenue $151.1M; Expects Strong 800G Ramp

AI Summary

Applied Optoelectronics reported record first quarter 2026 GAAP revenue of $151.1 million, marking its fourth consecutive quarter of record revenue, driven by strong demand in datacenter and CATV businesses. The company successfully completed its first volume shipment of 800G products to a large hyperscale customer and expanded its manufacturing capacity to nearly 100,000 units of 800G transceivers per month. For Q2 2026, the company expects revenue between $180 million and $198 million, anticipating a strong volume ramp of 800G products and sequential revenue growth throughout the year.

Key Highlights

  • Q1 2026 GAAP revenue was $151.1 million, up from $99.9 million in Q1 2025.
  • Achieved fourth consecutive quarter of record revenue.
  • Completed first volume shipment of 800G products to a large hyperscale customer in Q1.
  • Exited Q1 with total manufacturing capacity of nearly 100,000 units of 800G transceivers per month.
  • Q1 2026 GAAP net loss was $14.3 million, or $0.19 per basic share.
  • Q2 2026 revenue guidance is $180 million to $198 million.
  • Q2 2026 non-GAAP net income guidance is a loss of $2.5 million to income of $2.8 million.
  • Anticipates strong volume ramp of 800G products starting in Q2 and sequential revenue growth throughout 2026.