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.
LINK
Interlink Electronics, Inc.
There isn't enough reported data to score LINK 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.
LINK Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Unavailable | |
| Strong |
LINK's balance sheet is currently strong, and its revenue is stable, but its profitability is under pressure. There isn't enough data to rate its 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.
LINK PE Valuation
LINK 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.
LINK Forward outlook
There aren't enough analyst estimates for LINK 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.
LINK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.06 | +$0.06 |
| Q2 2026 | -$0.07 | +$0.06 |
| Q1 2026 | -$0.09 | +$0.07 |
| Q4 2025 | -$0.13 | +$0.03 |
| Q3 2025 | -$0.12 | +$0.05 |
| Q2 2025 | -$0.13 | +$0.01 |
| Q1 2025 | -$0.16 | -$0.06 |
| Q4 2024 | -$0.16 | -$0.11 |
LINK 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 LINK 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 LINK on profitability, with a higher operating margin.
LINK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.1M | +3.4% |
| Q2 2026 | $3.8M | +10% |
| Q1 2026 | $3.1M | +15% |
| Q4 2025 | $2.9M | -4.5% |
| Q3 2025 | $3M | +11% |
| Q2 2025 | $3.4M | +18% |
| Q1 2025 | $2.7M | -15% |
| Q4 2024 | $3M | -16% |
LINK's revenue has picked up after two years of holding roughly level: $3M last quarter, up 3.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -12% | -1.4 points |
| Q2 2026 | 6.5% | +4.6 points |
| Q1 2026 | -15% | +17 points |
| Q4 2025 | -26% | -8.6 points |
| Q3 2025 | -11% | +7.2 points |
| Q2 2025 | 1.9% | +13 points |
| Q1 2025 | -32% | -7.8 points |
| Q4 2024 | -17% | -0.7 points |
LINK's operating margin was −12% last quarter, down 1.4 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 |
LINK has the stronger cash trend. Its trailing FCF is up 248% versus its history, compared with AAOI at down 676%.
LINK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $420K | -35% |
| Q4 2025 | -$375K | -$82K |
| Q3 2025 | $650K | +$805K |
| Q2 2025 | -$143K | +$157K |
| Q1 2025 | -$300K | -247% |
| Q4 2024 | -$293K | +$57K |
| Q3 2024 | -$155K | -140% |
| Q2 2024 | -$300K | -185% |
LINK's free cash flow has turned positive again: $552,000 over the past year, against −$1M 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 88M diluted shares, up 39% from a year ago.
LINK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -15K shares |
| 1 year | +6.3% | +939K shares |
| 3 years | +6.4% | +943K shares |
| 5 years | +6.1% | +900K shares |
| Available history | +6.3% | +937K shares |
LINK has the edge over AAOI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2024 | — |
| Q4 2023 | — |
| Q3 2023 | $173,000 |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | — |
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
LINK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2024 | -168.0x | Net Cash |
| Q4 2023 | -10.2x | Net Cash |
| Q3 2023 | -44.1x | Net Cash |
| Q2 2023 | -1,276.5x | Net Cash |
| Q1 2022 | -29.5x | Net Cash |
| Q2 2020 | -36.3x | Net Cash |
| Q1 2020 | -14.4x | Net Cash |
| Q4 2019 | -65.0x | Net Cash |
LINK 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).
LINK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.9 | Neutral |
| Stochastic | 3.1 | Oversold |
LINK's weekly RSI is 38 (neutral) 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.
LINK PE vs Technology Sector
| Metric | LINK | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
LINK 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 LINK on trend strength, trading above more of its moving averages.
LINK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.33 | 30% below |
| 20 week MA | $4.71 | 35% below |
| 50 week MA | $4.08 | 25% below |
| 100 week MA | $4.49 | 32% below |
| 200 week MA | $4.24 | 28% below |
LINK is in a downtrend: it's below all five of its weekly moving averages, and 28% 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 LINK on returns for 2026, with the stronger performance.
LINK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.78 | $3.60 | +102% |
| 2021 | $3.60 | $4.46 | +24% |
| 2022 | $4.46 | $4.00 | -10% |
| 2023 | $4.00 | $5.68 | +42% |
| 2024 | $5.68 | $4.20 | -26% |
| 2025 | $4.20 | $3.85 | -8.3% |
| 2026 YTD | $3.85 | $3.05 | -21% |
LINK has finished lower in three of the last six years. It's down 21% so far in 2026.