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.
PDYN
Palladyne AI Corp.
There isn't enough reported data to score PDYN 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.
PDYN Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
PDYN's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its 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.
PDYN PE Valuation
PDYN 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.
PDYN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| -- | |
| Limited | |
| Moderate |
Analysts expect PDYN's losses to grow, 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.
PDYN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.82 | +$0.88 |
| Q2 2026 | -$0.66 | +$1.22 |
| Q1 2026 | -$0.59 | +$1.29 |
| Q4 2025 | $0.24 | +$2.95 |
| Q3 2025 | -$1.70 | +$1.17 |
| Q2 2025 | -$1.88 | +$1.85 |
| Q1 2025 | -$1.88 | +$2.77 |
| Q4 2024 | -$2.71 | +$2.50 |
PDYN 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 PDYN 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 PDYN on profitability, with a higher operating margin.
PDYN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $8.6M | +895% |
| Q2 2026 | $5.8M | +470% |
| Q1 2026 | $3.5M | +107% |
| Q4 2025 | $1.7M | +118% |
| Q3 2025 | $860K | -1.3% |
| Q2 2025 | $1M | -63% |
| Q1 2025 | $1.7M | -50% |
| Q4 2024 | $761K | +2% |
PDYN's revenue has grown year over year for four quarters in a row: $9M last quarter, up 895% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -156% | +781 points |
| Q2 2026 | -232% | +566 points |
| Q1 2026 | -337% | +68 points |
| Q4 2025 | -561% | +291 points |
| Q3 2025 | -938% | -100 points |
| Q2 2025 | -797% | -584 points |
| Q1 2025 | -405% | -192 points |
| Q4 2024 | -852% | +4115 points |
PDYN's operating margin was −156% last quarter, up 781 points from the same quarter a year ago, near the top of its range since 2021.
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.
PDYN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$8.7M | -$2M |
| Q2 2026 | -$11M | -$5.7M |
| Q1 2026 | -$10.3M | -$2.7M |
| Q4 2025 | -$8.7M | -$3.6M |
| Q3 2025 | -$6.7M | -$2.2M |
| Q2 2025 | -$5.3M | +$614K |
| Q1 2025 | -$7.6M | -$311K |
| Q4 2024 | -$5.1M | +$11.1M |
PDYN 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 88M diluted shares, up 39% from a year ago.
PDYN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +5.2% | +2.4M shares |
| 1 year | +19% | +7.9M shares |
| 3 years | +90% | +22.8M shares |
PDYN 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.
PDYN Net Leverage
PDYN'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).
PDYN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.1 | Neutral |
| Stochastic | 8.3 | Oversold |
PDYN's weekly RSI is 32 (neutral) and its Stochastic is 8 (oversold).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
PDYN PE vs Technology Sector
PDYN 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 PDYN on trend strength, trading above more of its moving averages.
PDYN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.10 | 21% below |
| 20 week MA | $5.03 | 36% below |
| 50 week MA | $5.84 | 45% below |
| 100 week MA | $6.82 | 52% below |
| 200 week MA | $4.34 | 25% below |
PDYN is in a downtrend: it's below all five of its weekly moving averages, and 25% 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 PDYN on returns for 2026, with the stronger performance.
PDYN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $44.0 | $57.1 | +30% |
| 2022 | $57.1 | $3.30 | -94% |
| 2023 | $3.30 | $0.72 | -78% |
| 2024 | $0.72 | $11.8 | +1535% |
| 2025 | $11.8 | $4.50 | -62% |
| 2026 YTD | $4.50 | $3.24 | -28% |
PDYN's yearly returns have swung widely, from +1535% in 2024 to −94% in 2022. It's down 28% so far in 2026.