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.
NXTT
Next Technology Holding Inc.
There isn't enough reported data to score NXTT 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.
NXTT Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| Weak | |
| Unavailable |
NXTT's profitability and cash flow are currently weak. There isn't enough data to rate its revenue 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.
NXTT PE Valuation
NXTT 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.
NXTT Forward outlook
There aren't enough analyst estimates for NXTT 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 |
NXTT has the stronger earnings trend. Trailing diluted EPS is down 112% for AAOI versus NXTT down 106%.
NXTT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q1 2026 | -$2,646.59 | -106% |
| Q4 2025 | $38,177.41 | -75% |
| Q3 2025 | $66,002.00 | -64% |
| Q3 2022 | -$157,212.30 | -242% |
| Q2 2022 | $44,002.05 | -41% |
| Q1 2022 | $89,399.40 | +142% |
| Q4 2021 | $89,399.40 | +142% |
| Q3 2021 | $111,000.00 | +$112,973.00 |
NXTT has swung to a loss: it lost $2,646.59 per share over the past year, after a profit 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% |
AAOI has the edge over NXTT 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 NXTT on profitability, with a higher operating margin.
NXTT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $8.7M | +384% |
| Q4 2025 | $9.8M | +446% |
| Q4 2024 | $1.8M | +80% |
| Q4 2023 | $999.5K | -60% |
| Q3 2023 | $1.6M | -69% |
| Q1 2023 | $614.4K | -73% |
| Q4 2022 | $2.5M | -21% |
| Q3 2022 | $5.4M | +16% |
NXTT's revenue is growing: $9M last quarter, up 384% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -62% | +2417 points |
| Q2 2026 | -572% | N/A |
| Q1 2026 | -1426% | N/A |
| Q4 2025 | -358% | -426 points |
| Q3 2025 | -2479% | N/A |
| Q4 2024 | 68% | -1159 points |
| Q4 2023 | 1227% | +1267 points |
| Q3 2023 | -205% | -36 points |
NXTT's operating margin was −62% last quarter, up 2416 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 |
NXTT has the stronger cash trend. Its trailing FCF is down 24% versus its history, compared with AAOI at down 676%.
NXTT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | -$1.4M | -$1.4M |
| Q4 2025 | -$6.7M | -8343% |
| Q1 2025 | $0 | +$530 |
| Q4 2024 | $81.7K | -99% |
| Q2 2024 | $1 | +$128.7K |
| Q1 2024 | -$530 | +$552.1K |
| Q2 2023 | -$128.7K | +$800.5K |
| Q1 2023 | -$552.7K | -107% |
NXTT's free cash flow was −$4M over the past year, against $531 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 NXTT on shareholder dilution, with a more favorable share count trend.
NXTT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +285% | +66.1K shares |
| 1 year | +1729% | +84.4K shares |
| 3 years | +168351% | +89.2K shares |
| 5 years | +108777% | +89.2K shares |
NXTT has 89,279 diluted shares, up 1729% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2023 | — |
| 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.
NXTT Net Leverage
NXTT'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).
NXTT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.6 | Neutral |
| Stochastic | 2.4 | Oversold |
NXTT's weekly RSI is 35 (neutral) 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.
NXTT PE vs Technology Sector
| Metric | NXTT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
NXTT 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 NXTT on trend strength, trading above more of its moving averages.
NXTT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.19 | 6.4% below |
| 20 week MA | $25.4 | 81% below |
| 50 week MA | $220.8 | 98% below |
| 100 week MA | $11,543.4 | 100% below |
| 200 week MA | $135,966.2 | 100% below |
NXTT 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 NXTT on returns for 2026, with the stronger performance.
NXTT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2022 | $70,670,000.0 | $1,069,300.0 | -98% |
| 2023 | $1,069,300.0 | $77,000.0 | -93% |
| 2024 | $77,000.0 | $51,600.0 | -33% |
| 2025 | $51,600.0 | $665.0 | -99% |
| 2026 YTD | $665.0 | $4.86 | -99% |
NXTT has finished every year since 2022 lower, and it's down 99% so far in 2026.