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.
DVLT
Datavault AI Inc.
There isn't enough reported data to score DVLT 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.
DVLT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Strong |
DVLT's revenue and balance sheet are currently healthy, but its profitability and cash flow are weak.
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.
DVLT PE Valuation
DVLT 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 0.5x next year's earnings.
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.
DVLT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect DVLT to return to profit, with revenue growing. However, they disagree widely on these estimates.
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 DVLT in the latest year-over-year earnings comparison.
DVLT Earnings Per Share
DVLT is still losing money, but far less than before: $14,850.00 per share over the past year, against $192,000.00 at its worst in late 2019.
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's revenue has grown year over year for 10 quarters in a row: $270M last quarter, up 127% from the same quarter a year ago.
| 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 DVLT on profitability, with a higher operating margin.
DVLT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $6.7M | +287% |
| Q1 2026 | $3.4M | +443% |
| Q4 2025 | $33.8M | +3650% |
| Q3 2025 | $2.9M | +148% |
| Q2 2025 | $1.7M | +403% |
| Q1 2025 | $629K | +147% |
| Q4 2024 | $902K | +115% |
| Q3 2024 | $1.2M | +52% |
DVLT has the edge over AAOI on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -394% | +324 points |
| Q1 2026 | -906% | +593 points |
| Q4 2025 | 12% | +714 points |
| Q3 2025 | -508% | -61 points |
| Q2 2025 | -718% | +849 points |
| Q1 2025 | -1499% | +131 points |
| Q4 2024 | -702% | +399 points |
| Q3 2024 | -447% | +377 points |
DVLT's operating margin was −394% last quarter, up 324 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.
DVLT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$71.6M | -$64.7M |
| Q1 2026 | -$9M | -$2.9M |
| Q4 2025 | -$734K | +$3.5M |
| Q3 2025 | -$10.4M | -$6.1M |
| Q2 2025 | -$6.8M | -$1.3M |
| Q1 2025 | -$6.1M | -$2.5M |
| Q4 2024 | -$4.3M | -$1.5M |
| Q3 2024 | -$4.2M | -$1.2M |
DVLT 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 DVLT on shareholder dilution, with a more favorable share count trend.
DVLT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +27% | +153M shares |
| 1 year | +1255% | +674M shares |
| 3 years | +109416969% | +728M shares |
DVLT has 728M diluted shares, up 1255% 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.
DVLT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2020 | -2.5x | Net Cash |
| Q1 2020 | -0.0x | Net Cash |
| Q4 2019 | -0.1x | Net Cash |
| Q3 2019 | -0.1x | Net Cash |
DVLT has more cash than debt.
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).
DVLT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 27.5 | Oversold |
| Stochastic | 2.6 | Oversold |
DVLT's weekly RSI is 28 (oversold) and its Stochastic is 3 (oversold).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
DVLT PE vs Technology Sector
DVLT 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 DVLT on trend strength, trading above more of its moving averages.
DVLT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.11 | 45% below |
| 20 week MA | $0.22 | 73% below |
| 50 week MA | $0.53 | 89% below |
| 100 week MA | $0.83 | 93% below |
| 200 week MA | $72.9 | 100% below |
DVLT is in a downtrend: it's below all five of its weekly moving averages, and 100% 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 DVLT on returns for 2026, with the stronger performance.
DVLT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $177,003.0 | $47,100.0 | -73% |
| 2021 | $47,100.0 | $23,250.0 | -51% |
| 2022 | $23,250.0 | $1,422.0 | -94% |
| 2023 | $1,422.0 | $17.5 | -99% |
| 2024 | $17.5 | $2.30 | -87% |
| 2025 | $2.30 | $0.75 | -67% |
| 2026 YTD | $0.75 | $0.06 | -92% |
DVLT has finished every year since 2020 lower, and it's down 92% so far in 2026.