Quarterly ResultMay 7, 2026, 04:12 PM
Applied Optoelectronics Q1 Revenue $151.1M; GAAP EPS Loss $0.19
AI Summary
Applied Optoelectronics reported record fourth consecutive quarter revenue of $151.1 million for Q1 2026, an increase from $99.9 million in Q1 2025, driven by strong demand in datacenter and CATV businesses. The company posted a GAAP net loss of $14.3 million, or $0.19 per basic share, and a non-GAAP net loss of $4.9 million, or $0.07 per basic share. Management highlighted strong customer engagement for 800G and 1.6 Tb products, with the first volume shipment of 800G products completed, and anticipates sequential revenue growth throughout the year, with significant growth expected in Q3 as additional capacity comes online. For Q2 2026, the company forecasts revenue between $180 million and $198 million.
Key Highlights
- Q1 2026 GAAP Revenue was $151.1 million, up from $99.9 million in Q1 2025.
- Q1 2026 GAAP Net Loss was $14.3 million, or $0.19 per basic share.
- Q1 2026 Non-GAAP Net Loss was $4.9 million, or $0.07 per basic share.
- Q1 2026 GAAP Gross Margin was 29.1%, compared to 30.6% in Q1 2025.
- Datacenter revenue reached $81.4 million in Q1 2026, up from $32.0 million in Q1 2025.
- CATV revenue was $66.8 million in Q1 2026, compared to $64.5 million in Q1 2025.
- Q2 2026 revenue is projected to be in the range of $180 million to $198 million.
- Manufacturing capacity reached nearly 100,000 units of 800G transceivers per month.