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.
AZIO
Azio AI Holdings, Inc.
There isn't enough reported data to score AZIO 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.
AZIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Weak | |
| Weak | |
| Unavailable |
AZIO's revenue is currently strong, but its profitability and cash flow are weak. There isn't enough data to rate its 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.
AZIO PE Valuation
AZIO 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.
AZIO Forward outlook
There aren't enough analyst estimates for AZIO to show an outlook.
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 is still losing money, but far less than before: $0.42 per share over the past year, against $4.50 at its worst in late 2024.
AZIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$6.57 | +$3.94 |
| Q1 2026 | -$8.12 | +$0.88 |
| Q4 2025 | -$14.21 | -$8.71 |
| Q3 2025 | -$11.50 | -$5.19 |
| Q2 2025 | -$10.51 | -$1.00 |
| Q1 2025 | -$9.00 | +$0.81 |
| Q4 2024 | -$5.50 | +$2.91 |
| Q3 2024 | -$6.31 | +$25.55 |
AZIO has the edge over AAOI on earnings, with more consistent year-over-year improvement.
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 AZIO 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 AZIO on profitability, with a higher operating margin.
AZIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.7M | +154% |
| Q1 2026 | $2.2M | +281% |
| Q4 2025 | $2.5M | +908% |
| Q2 2025 | $1M | +29% |
| Q1 2025 | $590.6K | -27% |
| Q4 2024 | $246.8K | +131% |
| Q2 2024 | $812.8K | -62% |
| Q1 2024 | $810.5K | +55% |
AZIO's revenue is recovering but still below its 2019 peak: $3M last quarter, up 154% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -215% | +243 points |
| Q1 2026 | -168% | +2158 points |
| Q4 2025 | -566% | +258 points |
| Q3 2025 | -335% | N/A |
| Q2 2025 | -458% | -295 points |
| Q1 2025 | -2325% | -1960 points |
| Q4 2024 | -824% | +2146 points |
| Q2 2024 | -163% | -104 points |
AZIO's operating margin was −215% last quarter, up 243 points from the same quarter a year ago.
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 |
AAOI has burned cash in almost every quarter: −$883M over the past year, against −$302M the year before.
AZIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$8.6M | -$7.4M |
| Q1 2026 | -$4.9M | -$473.7K |
| Q4 2025 | $708.3K | +$1.6M |
| Q3 2025 | -$910.4K | +$331.6K |
| Q2 2025 | -$1.2M | -$67.6K |
| Q1 2025 | -$4.4M | -$3.7M |
| Q4 2024 | -$857.1K | -$652.1K |
| Q3 2024 | -$1.2M | -$275.8K |
AZIO has the edge over AAOI on cash flow, with more consistent year-over-year improvement.
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 AZIO on shareholder dilution, with a more favorable share count trend.
AZIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +11% | +1.5M shares |
| 1 year | +461% | +11.8M shares |
| 3 years | +855% | +12.8M shares |
| 5 years | +58345% | +14.3M shares |
| Available history | +58881% | +14.3M shares |
AZIO has 14M diluted shares, up 461% from a year ago.
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
AZIO Net Leverage
AZIO'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).
AZIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.3 | Neutral |
| Stochastic | 5.3 | Oversold |
AZIO's weekly RSI is 33 (neutral) and its Stochastic is 5 (oversold).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
AZIO PE vs Technology Sector
AZIO 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 the edge over AZIO on trend strength, trading above more of its moving averages.
AZIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.90 | 37% below |
| 20 week MA | $1.24 | 54% below |
| 50 week MA | $1.47 | 61% below |
| 100 week MA | $2.37 | 76% below |
| 200 week MA | $11.7 | 95% below |
AZIO is in a downtrend: it's below all five of its weekly moving averages, and 95% below its 200-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 AZIO on returns for 2026, with the stronger performance.
AZIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.0 | $90.0 | +150% |
| 2021 | $90.0 | $50.0 | -44% |
| 2022 | $50.0 | $23.3 | -53% |
| 2023 | $23.3 | $13.6 | -42% |
| 2024 | $13.6 | $12.8 | -5.9% |
| 2025 | $12.8 | $0.43 | -97% |
| 2026 YTD | $0.43 | $0.57 | +33% |
AZIO has finished five years in a row lower, and it's up 33% so far in 2026.