AAOI
Applied Optoelectronics, Inc.
AAOI lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
ARAI
Arrive AI Inc.
There isn't enough reported data to score ARAI yet.
AAOI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
AAOI's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
ARAI Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| Unavailable | |
| Unavailable |
ARAI's profitability is currently weak. There isn't enough data to rate its revenue, cash flow and balance sheet.
AAOI PE Valuation
AAOI has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 18x next year's earnings.
ARAI PE Valuation
ARAI has no meaningful PE right now: it lost money over the past year.
AAOI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect AAOI to return to profit, with revenue growing. However, they disagree widely on these estimates.
ARAI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect ARAI's losses to shrink, with revenue growing.
AAOI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.98 | — |
| Q3 2026 | -$0.42 | +$3.02 |
| Q2 2026 | -$0.77 | +$2.81 |
| Q1 2026 | -$0.65 | +$3.43 |
| Q4 2025 | -$0.64 | +$3.86 |
| Q3 2025 | -$3.44 | -$1.41 |
| Q2 2025 | -$3.58 | -$1.70 |
| Q1 2025 | -$4.08 | -$2.29 |
| Q4 2024 | -$4.50 | -$2.75 |
AAOI has the edge over ARAI on earnings, with more consistent year-over-year improvement.
ARAI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$33.60 | -$21.02 |
| Q1 2026 | -$25.92 | -$16.68 |
| Q4 2025 | -$20.64 | -$13.29 |
| Q3 2025 | -$17.50 | -$4.61 |
| Q2 2025 | -$12.58 | -$0.17 |
| Q1 2025 | -$9.24 | +$2.10 |
| Q4 2024 | -$7.35 | +$4.17 |
| Q3 2024 | -$12.89 | -$8.35 |
ARAI lost $33.60 per share over the past year, and its loss has widened in each of the last six quarters.
AAOI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $269.9M | +127% |
| Q2 2026 | $191.9M | +86% |
| Q1 2026 | $151.1M | +51% |
| Q4 2025 | $134.3M | +34% |
| Q3 2025 | $118.6M | +82% |
| Q2 2025 | $103M | +138% |
| Q1 2025 | $99.9M | +146% |
| Q4 2024 | $100.3M | +66% |
AAOI has the edge over ARAI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -0.5% | +15 points |
| Q2 2026 | -13% | +2.6 points |
| Q1 2026 | -8.6% | +0.3 points |
| Q4 2025 | -8.6% | -2.1 points |
| Q3 2025 | -15% | +10 points |
| Q2 2025 | -16% | +45 points |
| Q1 2025 | -8.9% | +44 points |
| Q4 2024 | -6.5% | +1 points |
AAOI has the edge over ARAI on profitability, with a higher operating margin.
ARAI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $14.7K | -84% |
ARAI's revenue has slid since its 2025 peak: $14,700 last quarter, down 84% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -95758% | -91692 points |
| Q1 2026 | -42682% | N/A |
| Q4 2025 | -26015% | N/A |
| Q3 2025 | -59426% | N/A |
| Q2 2025 | -4066% | N/A |
ARAI's operating margin was −95758% last quarter, down 91692 points from the same quarter a year ago, near the bottom of its range since 2025.
AAOI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$369.9M | -$291.2M |
| Q2 2026 | -$265.3M | -$174.4M |
| Q1 2026 | -$143.6M | -$64.3M |
| Q4 2025 | -$104.6M | -$51.6M |
| Q3 2025 | -$78.7M | -$58M |
| Q2 2025 | -$91M | -$86M |
| Q1 2025 | -$79.3M | -$45.1M |
| Q4 2024 | -$53M | -$48.4M |
ARAI has the stronger cash trend. Its trailing FCF is down 162% versus its history, compared with AAOI at down 676%.
ARAI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$3.5M | -$294.1K |
| Q1 2026 | -$3.2M | -$2.6M |
| Q3 2025 | -$1.2M | -$643.5K |
| Q2 2025 | -$3.3M | -$2.5M |
| Q1 2025 | -$546.7K | +$55.8K |
| Q4 2024 | -$368K | +$358.2K |
ARAI has burned cash in almost every quarter: −$11M over the past year, against −$2M the year before.
AAOI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.7% | +6.3M shares |
| 1 year | +39% | +24.5M shares |
| 3 years | +168% | +55.1M shares |
| 5 years | +224% | +60.7M shares |
| Available history | +340% | +67.9M shares |
AAOI has the edge over ARAI on shareholder dilution, with a more favorable share count trend.
ARAI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +38% | +289K shares |
| 1 year | +68% | +424K shares |
| 3 years | +68% | +424K shares |
ARAI has 1M diluted shares, up 68% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ARAI Net Leverage
ARAI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
AAOI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.1 | Neutral |
| Stochastic | 4.8 | Oversold |
AAOI's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
ARAI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 18.2 | Oversold |
| Stochastic | 3.5 | Oversold |
ARAI's weekly RSI is 18 (oversold) and its Stochastic is 4 (oversold).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
ARAI PE vs Technology Sector
ARAI has no meaningful PE right now: it lost money over the past year.
AAOI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.2 | 34% below |
| 20 week MA | $100.6 | 47% below |
| 50 week MA | $100.3 | 47% below |
| 100 week MA | $62.3 | 15% below |
| 200 week MA | $36.9 | 43% above |
AAOI has stronger trend alignment. AAOI is above 1 of 5 weekly averages versus ARAI above 0 of 3.
ARAI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.34 | 68% below |
| 20 week MA | $10.7 | 81% below |
| 50 week MA | $45.9 | 96% below |
ARAI is in a downtrend: it's below all three of its weekly moving averages, and 96% below its 50-week average.
AAOI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.5 | $8.77 | -24% |
| 2021 | $8.77 | $5.64 | -36% |
| 2022 | $5.64 | $1.95 | -65% |
| 2023 | $1.95 | $19.3 | +891% |
| 2024 | $19.3 | $37.7 | +95% |
| 2025 | $37.7 | $37.2 | -1.5% |
| 2026 YTD | $37.2 | $52.9 | +42% |
AAOI has the edge over ARAI on returns for 2026, with the stronger performance.
ARAI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $490.1 | $154.6 | -68% |
| 2026 YTD | $154.6 | $2.06 | -99% |
ARAI has finished every year since 2025 lower, and it's down 99% so far in 2026.