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.
CISO
CISO Global Inc.
There isn't enough reported data to score CISO 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.
CISO Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Unavailable | |
| Unavailable |
CISO's revenue and profitability are currently under pressure. There isn't enough data to rate its 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.
CISO PE Valuation
CISO 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.
CISO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong decline | |
| -- | |
| Limited | |
| High |
Analysts expect CISO's revenue to decline, with its earnings and profitability holding steady.
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 stronger earnings trend. Trailing diluted EPS is down 112% for AAOI versus CISO down 140%.
CISO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2025 | -$0.99 | +$1.46 |
| Q2 2025 | -$1.26 | +$1.32 |
| Q1 2025 | -$1.86 | +$2.73 |
| Q4 2024 | -$2.03 | +$5.61 |
| Q3 2024 | -$2.45 | +$5.39 |
| Q2 2024 | -$2.58 | +$5.71 |
| Q1 2024 | -$4.59 | +$1.75 |
| Q4 2023 | -$7.64 | -$4.00 |
CISO is still losing money, but far less than before: $0.99 per share over the past year, against $8.29 at its worst in mid-2023.
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 CISO 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 CISO on profitability, with a higher operating margin.
CISO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $5.8M | -14% |
| Q1 2026 | $6.2M | -13% |
| Q4 2025 | $6.3M | -15% |
| Q3 2025 | $6.5M | -14% |
| Q2 2025 | $6.7M | -14% |
| Q1 2025 | $7.2M | -39% |
| Q4 2024 | $7.4M | -46% |
| Q3 2024 | $7.5M | -47% |
CISO's revenue has slid since its 2023 peak: $6M last quarter, down 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -26% | +9 points |
| Q1 2026 | -23% | +0.7 points |
| Q4 2025 | -34% | -7.6 points |
| Q3 2025 | -41% | +6.1 points |
| Q2 2025 | -35% | +20 points |
| Q1 2025 | -24% | +25 points |
| Q4 2024 | -26% | +44 points |
| Q3 2024 | -47% | -14 points |
CISO's operating margin was −26% last quarter, up 9 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 |
CISO has the stronger cash trend. Its trailing FCF is up 55% versus its history, compared with AAOI at down 676%.
CISO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$1.8M | -$1.5M |
| Q4 2024 | -$259K | -135% |
| Q3 2024 | -$903.1K | +$499.8K |
| Q2 2024 | -$1.3M | +$1.9M |
| Q1 2024 | -$1.5M | +$809.5K |
| Q4 2023 | $737K | +$3.6M |
| Q3 2023 | -$1.4M | +$3.2M |
| Q2 2023 | -$3.2M | -$2.5M |
CISO has burned cash in almost every quarter: −$3M over the past year, against −$3M 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 CISO on shareholder dilution, with a more favorable share count trend.
CISO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +174K shares |
| 1 year | +219% | +31.1M shares |
| 3 years | +389% | +36.1M shares |
| 5 years | +20% | +7.6M shares |
CISO has 45M diluted shares, up 219% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | $60.00 |
| Q3 2019 | $60.00 |
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CISO Net Leverage
CISO'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).
CISO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.5 | Neutral |
| Stochastic | 18.9 | Oversold |
CISO's weekly RSI is 36 (neutral) and its Stochastic is 19 (oversold).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
CISO PE vs Technology Sector
CISO 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 CISO on trend strength, trading above more of its moving averages.
CISO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.19 | 5.3% below |
| 20 week MA | $0.23 | 22% below |
| 50 week MA | $0.32 | 44% below |
| 100 week MA | $0.68 | 74% below |
| 200 week MA | $1.81 | 90% below |
CISO is in a downtrend: it's below all five of its weekly moving averages, and 90% 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 CISO on returns for 2026, with the stronger performance.
CISO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2022 | $81.3 | $41.0 | -50% |
| 2023 | $41.0 | $1.52 | -96% |
| 2024 | $1.52 | $2.88 | +89% |
| 2025 | $2.88 | $0.44 | -85% |
| 2026 YTD | $0.44 | $0.18 | -59% |
CISO has finished lower in three of the last four years. It's down 59% so far in 2026.