Quarterly ResultMay 7, 2026, 04:42 PM
Applied Optoelectronics Q1 Revenue +51.4% to $151.1M; Net Loss $(14.3)M
AI Summary
Applied Optoelectronics reported a significant increase in Q1 2026 revenue, up 51.4% to $151.1 million, primarily driven by strong growth in Data Center revenue. Despite the revenue growth, the company's net loss widened to $14.3 million, or $(0.19) per share. The quarter also saw substantial financing activity, including a $382.4 million common stock offering, and new lease agreements for manufacturing and office facilities.
Key Highlights
- Q1 2026 revenue increased 51.4% to $151.1 million from $99.9 million in Q1 2025.
- Net loss for Q1 2026 widened to $(14.3) million, or $(0.19) per share, from $(9.2) million, or $(0.18) per share.
- Data Center revenue surged 154.0% to $81.4 million, now representing 53.9% of total revenue.
- CATV revenue increased 3.6% to $66.8 million, while Telecom revenue decreased to $2.6 million.
- Cash and cash equivalents rose to $439.7 million as of March 31, 2026, from $206.1 million at year-end 2025.
- Net cash provided by financing activities was $389.3 million, largely due to a common stock offering.
- Entered into new lease agreements for manufacturing and office space in Texas and Taiwan.
- Recognized $38.0 million in revenue associated with customer warrant arrangements.
Price Impact
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