Equity
AAOI perpetual futures
Applied Optoelectronics, Inc. tracked across crypto venues with normalized contract specs.
Price chart
124.51▼ 16.06%
120.00130.00140.00150.00
Jun 30Jul 1Jul 3Jul 4Jul 6
24/7 perp mark · Binance (AAOI/USDT)
Auto: market closed → highest-volume perp venue
Trading data
Perpetual market activity
Venues
10
Live markets
10/10
24h volume
$57.7M
Open interest
$14.6M
Best liquidity
$889k
Bitget
Tightest spread
+2.4 bps
OKX
Highest volume
$30.2M
Binance
Settlement mix
USDT · 10/10
Best Liquidity
AAOITightest Spread
AAOIHighest Volume
AAOIVenue Matrix
10 markets| Trade | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Binance | Trade | AAOI/USDT | trading | 124.30 | +0.00% | +4.0 bps | $699k | $30.2M | $4.6M | USDT | - |
| OKX | Trade | AAOI/ | trading | 124.45 | +6.08% | +2.4 bps | $719k | $14.4M | $1.9M | USDT | 20x |
| Bitget | Trade | AAOI/USDT | trading | 124.38 | +0.00% | +2.4 bps | $889k | $5.3M | $4.5M | USDT | 20x |
| Bybit | Trade | AAOI/USDT | trading | 124.44 | +0.00% | +6.5 bps | $97k | $3.5M | $255k | USDT | 20x |
| BingX | Trade | AAOI-USDT | trading | 124.40 | +10.95% | +11.3 bps | $700k | $2.1M | $1k | USDT | - |
| Gate.io | Trade | AAOI/USDT | trading | 124.43 | +10.95% | +25.9 bps | $237k | $956k | $621k | USDT | 20x |
| Phemex | Trade | AAOI / USDT | trading | 124.40 | +0.00% | +12.1 bps | $67k | $636k | $998k | USDT | 10x |
| KuCoin | Trade | AAOI/USDT | trading | 124.46 | +10.95% | +25.1 bps | $78k | $481k | $1.8M | USDT | 20x |
| HTX | Trade | AAOI/USDT | trading | 124.30 | +10.95% | +51.0 bps | $92k | $38k | $14k | USDT | - |
| Aster | Trade | AAOIUSDT | trading | 124.30 | +0.00% | +37.2 bps | $8k | $8k | $28k | USDT | - |
Company data
Company fundamentals
Market cap
$10.3B
Updated 2h ago
Revenue
$507.0M
Trailing 12 months
Net income
$-43.3M
Trailing 12 months
Free cash flow
$-238.9M
Trailing 12 months
Profit margin
-8.5%
P/E
-194.8
P/S
20.3
Revenue estimate
$1.0B
Next fiscal year
Revenue growth
+128%
Next fiscal year
Fundamental detail
Annual + quarterlyLatest revenue$455.7M
Net margin-8.4%
Free cash flow$-353.6M
Net debt$-48.7M
PeriodRevenueGrowthNet incomeFCF
2020$234.6M+23%$-58.5M$-63.6M
2021$211.6M-10%$-54.2M$-22.3M
2022$222.8M+5%$-66.4M$-18.3M
2023$217.6M-2%$-56.0M$-17.6M
2024$249.4M+15%$-186.7M$-112.9M
2025$455.7M+83%$-38.2M$-353.6M
PeriodGross marginOperating marginNet marginROEROA
2020+21.5%-20.8%-24.9%-21.0%-12.2%
2021+17.8%-26.8%-25.6%-21.3%-11.9%
2022+15.1%-26.5%-29.8%-36.0%-16.3%
2023+27.1%-19.0%-25.8%-26.1%-14.4%
2024+24.8%-28.4%-74.9%-81.5%-34.1%
2025+30.0%-12.0%-8.4%-5.2%-3.3%
PeriodCashDebtNet debtCurrent ratio
2020$43.4M$154.9M$111.5M2.03
2021$34.7M$149.9M$115.2M1.78
2022$24.7M$155.5M$130.8M1.32
2023$45.4M$121.1M$75.7M1.85
2024$67.4M$190.9M$123.4M1.77
2025$216.0M$167.3M$-48.7M2.63
PeriodMarket capEnterprise valueP/SP/E
2020$186.1M$297.6M0.8-3.2
2021$138.3M$253.6M0.7-2.6
2022$52.6M$183.5M0.2-0.8
2023$617.2M$692.9M2.8-11.0
2024$1.5B$1.7B6.1-8.2
2025$2.1B$2.0B4.6-54.5
PeriodRevenueGrowthNet incomeFCF
Q2 2024$43.3M+4%$-26.1M$-5.1M
Q3 2024$65.2M+4%$-17.8M$-20.5M
Q4 2024$100.3M+66%$-119.7M$-53.1M
Q1 2025$99.9M+146%$-9.2M$-79.4M
Q2 2025$103.0M+138%$-9.1M$-91.0M
Q3 2025$118.6M+82%$-17.9M$-78.8M
Q4 2025$134.3M+34%$-2.0M$74.5M
Q1 2026$151.1M+51%$-14.3M$-143.6M
PeriodGross marginOperating marginNet marginROEROA
Q2 2024+22.1%-60.7%-60.4%-14.0%-7.5%
Q3 2024+24.4%-25.4%-27.3%-8.4%-4.3%
Q4 2024+28.7%-6.5%-119.4%-52.2%-21.9%
Q1 2025+30.6%-8.9%-9.2%-3.0%-1.4%
Q2 2025+30.3%-15.5%-8.8%-2.1%-1.1%
Q3 2025+28.0%-15.3%-15.1%-3.2%-1.8%
Q4 2025+31.2%-8.6%-1.5%-0.3%-0.2%
Q1 2026+29.1%-8.6%-9.4%-1.3%-0.9%
PeriodCashDebtNet debtCurrent ratio
Q2 2024$10.7M$109.2M$98.6M1.64
Q3 2024$34.1M$121.3M$87.2M1.61
Q4 2024$67.4M$190.9M$123.4M1.77
Q1 2025$51.1M$190.3M$139.2M1.88
Q2 2025$64.7M$211.2M$146.5M2.11
Q3 2025$137.0M$235.2M$98.2M2.31
Q4 2025$216.0M$167.3M$-48.7M2.63
Q1 2026$449.4M$173.7M$-275.7M3.83
PeriodMarket capEnterprise valueP/SP/E
Q2 2024$318.1M$416.7M7.4-3.1
Q3 2024$605.5M$692.7M9.3-8.5
Q4 2024$1.7B$1.8B16.9-3.5
Q1 2025$768.1M$907.3M7.7-21.3
Q2 2025$1.5B$1.6B14.2-40.1
Q3 2025$1.6B$1.7B13.8-23.2
Q4 2025$2.5B$2.4B18.3-302.6
Q1 2026$6.4B$6.2B42.5-111.3
Refreshed 2h ago
Research data
Estimates, events and peers
Estimates
6 periodsFY 2026$1.0B+128%4 analysts
FY 2027$2.8B+515%3 analysts
FY 2028$4.2B+814%1 analysts
Q2 2026$190.5M+85%4 analysts
Q3 2026$278.3M+135%4 analysts
Q4 2026$410.0M+205%3 analysts
Events
Earnings · dividends · splits2026-08-06EarningsRevenue est. $190.5M
2026-05-07EarningsRevenue est. $157.0M
2026-02-26EarningsRevenue est. $132.3M
2025-11-06EarningsRevenue est. $131.6M
2025-08-07EarningsRevenue est. $118.6M
2025-05-08EarningsRevenue est. $99.4M