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.
INLX
Intellinetics, Inc.
There isn't enough reported data to score INLX 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.
INLX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Under pressure | |
| Strong |
INLX's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
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.
INLX PE Valuation
INLX 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.
INLX Forward outlook
There aren't enough analyst estimates for INLX 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 has the edge over INLX on earnings, with more consistent year-over-year improvement.
INLX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.62 | -$0.22 |
| Q2 2026 | -$0.65 | -$0.24 |
| Q1 2026 | -$0.54 | -$0.28 |
| Q4 2025 | -$0.44 | -$0.31 |
| Q3 2025 | -$0.40 | -$0.29 |
| Q2 2025 | -$0.41 | -1467% |
| Q1 2025 | -$0.26 | -750% |
| Q4 2024 | -$0.13 | -218% |
INLX is still losing money, but far less than before: $0.62 per share over the past year, against $5.76 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 has the edge over INLX 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 INLX on profitability, with a higher operating margin.
INLX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4M | +0.7% |
| Q2 2026 | $3.9M | -1.6% |
| Q1 2026 | $3.9M | -8% |
| Q4 2025 | $4.3M | +1% |
| Q3 2025 | $4M | -13% |
| Q2 2025 | $4M | -14% |
| Q1 2025 | $4.2M | -5.8% |
| Q4 2024 | $4.3M | +2.1% |
INLX's revenue has held roughly level: $4M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -6.1% | +3.4 points |
| Q2 2026 | -28% | -15 points |
| Q1 2026 | -30% | -14 points |
| Q4 2025 | -5% | -4.7 points |
| Q3 2025 | -9.5% | -3 points |
| Q2 2025 | -13% | -16 points |
| Q1 2025 | -16% | -15 points |
| Q4 2024 | -0.3% | -4.6 points |
INLX's operating margin was −6.1% last quarter, up 3.4 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.
INLX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2M | -4.2% |
| Q2 2026 | -$8.4K | -110% |
| Q1 2026 | -$253.4K | -$22K |
| Q4 2025 | -$550.4K | -445% |
| Q3 2025 | $1.3M | -26% |
| Q2 2025 | $81.2K | -91% |
| Q1 2025 | -$231.4K | -139% |
| Q4 2024 | $159.5K | +$530.4K |
INLX has the edge over AAOI on cash generation, producing positive trailing cash flow while its opponent burns cash.
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 88M diluted shares, up 39% from a year ago.
INLX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +13K shares |
| 1 year | +2% | +87K shares |
| 3 years | +2% | +86.5K shares |
| 5 years | +44% | +1.4M shares |
| Available history | +1108% | +4.1M shares |
INLX has the edge over AAOI on shareholder dilution, with a more favorable share count trend.
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
INLX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2025 | -6.1x | Net Cash |
| Q4 2024 | -2.6x | Net Cash |
| Q3 2024 | -2.3x | Net Cash |
| Q2 2024 | -1.0x | Net Cash |
| Q1 2024 | -0.7x | Net Cash |
| Q4 2023 | -0.6x | Net Cash |
| Q2 2023 | -0.2x | Net Cash |
| Q1 2023 | -0.4x | Net Cash |
INLX 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).
INLX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 23.2 | Oversold |
| Stochastic | 2.5 | Oversold |
INLX's weekly RSI is 23 (oversold) and its Stochastic is 2 (oversold).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
INLX PE vs Technology Sector
| Metric | INLX | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
INLX 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 INLX on trend strength, trading above more of its moving averages.
INLX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.46 | 16% below |
| 20 week MA | $5.16 | 28% below |
| 50 week MA | $6.46 | 42% below |
| 100 week MA | $9.26 | 60% below |
| 200 week MA | $7.92 | 53% below |
INLX is in a downtrend: it's below all five of its weekly moving averages, and 53% 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 INLX on returns for 2026, with the stronger performance.
INLX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.50 | $3.86 | +10% |
| 2021 | $3.86 | $7.00 | +81% |
| 2022 | $7.00 | $4.31 | -38% |
| 2023 | $4.31 | $5.06 | +17% |
| 2024 | $5.06 | $14.1 | +178% |
| 2025 | $14.1 | $8.14 | -42% |
| 2026 YTD | $8.14 | $3.74 | -54% |
INLX's yearly returns have swung widely, from +178% in 2024 to −42% in 2025. It's down 54% so far in 2026.