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.
KLAR
Klarna Group plc
There isn't enough reported data to score KLAR 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.
KLAR Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| Unavailable | |
| Weak |
KLAR's profitability and balance sheet are currently weak. There isn't enough data to rate its revenue and cash flow.
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.
KLAR PE Valuation
KLAR 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 40x 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.
KLAR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect KLAR to return to profit, 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 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.
KLAR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.32 | — |
| Q1 2023 | $0.00 | $0.00 |
| Q4 2022 | $0.00 | $0.00 |
| Q3 2022 | $0.00 | $0.00 |
| Q2 2022 | $0.00 | $0.00 |
| Q1 2022 | $0.00 | $0.00 |
| Q4 2021 | $0.00 | $0.00 |
| Q3 2021 | $0.00 | $0.00 |
| Q2 2021 | $0.00 | $0.00 |
KLAR lost $0.79 per share over the past year, a smaller loss than the year before.
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% |
KLAR has the stronger quarterly revenue trend. Revenue is up 127% for AAOI versus up 512% for KLAR.
| 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's operating margin was −0.5% last quarter, up 15 points from the same quarter a year ago, near the top of its range since 2019.
KLAR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2024 | $608M | +27% |
| Q4 2023 | $681.2M | -6.7% |
| Q3 2023 | $573.6M | +38% |
| Q1 2023 | $476.9M | +18% |
| Q4 2022 | $730.5M | +70% |
| Q3 2022 | $414.5M | -6.9% |
| Q2 2022 | $373M | -6.9% |
| Q1 2022 | $405.8M | +3.4% |
KLAR's revenue is growing: $3.5B last quarter, up 512% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -6.5% | +3.6 points |
| Q2 2024 | -0.6% | +23 points |
| Q1 2024 | -4.6% | +19 points |
| Q4 2023 | -10% | +35 points |
| Q3 2023 | -10% | +73 points |
| Q1 2023 | -24% | +59 points |
| Q4 2022 | -24% | +39 points |
| Q3 2022 | -45% | +18 points |
KLAR's operating margin was −6.5% last quarter, up 3.6 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 |
KLAR has the stronger cash trend. Its trailing FCF is up 239% versus its history, compared with AAOI at down 676%.
KLAR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2024 | $1.2B | +$1.2B |
| Q4 2023 | $564.1M | +69% |
| Q3 2023 | $558.4M | +164% |
| Q1 2023 | $0 | +$129.5M |
| Q4 2022 | $333.6M | +97% |
| Q3 2022 | $211.4M | +21% |
| Q2 2022 | -$119.1M | +$267.4M |
| Q1 2022 | -$129.5M | +$249.1M |
KLAR usually generates cash, though not every quarter: the latest was −$1B, but it generated $331M over the past year.
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.
KLAR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.9% | +6.8M shares |
| Quarter | Spent |
|---|---|
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | $9.8M |
| Q3 2023 | $13.1M |
| Q1 2023 | — |
| Q4 2022 | $1M |
| Q3 2022 | — |
| Q2 2022 | $12.2M |
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
KLAR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2019 | 87.7x | High |
| Q1 2019 | 0.0x | Very low |
| Q4 2018 | 6.4x | High |
| Q3 2018 | 6.1x | High |
| Q2 2018 | 3.5x | Elevated |
| Q1 2018 | 3.3x | Elevated |
| Q4 2017 | 3.2x | Elevated |
KLAR's net debt is more than 20 years of its operating earnings (EBITDA), up from 3.5 years a year ago.
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).
KLAR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.4 | Neutral |
| Stochastic | 10.6 | Oversold |
KLAR's weekly RSI is 38 (neutral) and its Stochastic is 11 (oversold).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
KLAR PE vs Technology Sector
KLAR 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 KLAR above 0 of 3.
KLAR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.1 | 3% below |
| 20 week MA | $15.5 | 18% below |
| 50 week MA | $18.0 | 29% below |
KLAR is in a downtrend: it's below all three of its weekly moving averages, and 29% 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 KLAR on returns for 2026, with the stronger performance.
KLAR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $42.9 | $29.6 | -31% |
| 2026 YTD | $29.6 | $12.7 | -57% |
KLAR has finished every year since 2025 lower, and it's down 57% so far in 2026.