AAOI
Applied Optoelectronics, Inc.
AAOI offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
RBLX
Roblox Corporation
RBLX has a slight edge over AAOI overall, supported by stronger fundamentals and lower modeled downside.
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.
RBLX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Strong | |
| Unavailable |
RBLX's revenue and cash flow are currently healthy, but its profitability is 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.
RBLX PE Valuation
RBLX 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.
RBLX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RBLX's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
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.
RBLX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.37 | +$0.05 |
| Q2 2026 | -$1.42 | $0.00 |
| Q1 2026 | -$1.57 | -$0.24 |
| Q4 2025 | -$1.54 | -$0.10 |
| Q3 2025 | -$1.42 | +$0.22 |
| Q2 2025 | -$1.42 | +$0.30 |
| Q1 2025 | -$1.33 | +$0.53 |
| Q4 2024 | -$1.44 | +$0.43 |
RBLX 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 RBLX on sales, with stronger typical year-over-year growth.
| 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 RBLX on profitability, with a higher operating margin.
RBLX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.6B | +16% |
| Q2 2026 | $1.5B | +36% |
| Q1 2026 | $1.4B | +39% |
| Q4 2025 | $1.4B | +43% |
| Q3 2025 | $1.4B | +48% |
| Q2 2025 | $1.1B | +21% |
| Q1 2025 | $1B | +29% |
| Q4 2024 | $988.2M | +32% |
RBLX's revenue has grown year over year every quarter since late 2020: $1.6B last quarter, up 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -18% | +3.8 points |
| Q2 2026 | -16% | +14 points |
| Q1 2026 | -20% | +4.2 points |
| Q4 2025 | -25% | -0.7 points |
| Q3 2025 | -22% | +8.5 points |
| Q2 2025 | -30% | -3.2 points |
| Q1 2025 | -25% | +13 points |
| Q4 2024 | -25% | +23 points |
RBLX's operating margin was −18% last quarter, up 3.8 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.
RBLX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $367M | -17% |
| Q2 2026 | $296M | +68% |
| Q1 2026 | $596M | +40% |
| Q4 2025 | $308.6M | +156% |
| Q3 2025 | $443.6M | +103% |
| Q2 2025 | $176.7M | +58% |
| Q1 2025 | $426.5M | +122% |
| Q4 2024 | $120.6M | +54% |
RBLX 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.
RBLX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -831K shares |
| 1 year | +2.7% | +18.7M shares |
| 3 years | +16% | +96.6M shares |
| 5 years | +24% | +140M shares |
| Available history | +36% | +190M shares |
RBLX has the edge over AAOI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $201M |
| Q4 2020 | — |
| Q3 2020 | — |
| 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.
RBLX Net Leverage
RBLX'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).
RBLX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.8 | Neutral |
| Stochastic | 62.2 | Neutral |
RBLX's weekly RSI is 52 (neutral) and its Stochastic is 62 (neutral).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
RBLX PE vs Technology Sector
RBLX 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 fallen below most of its moving averages, though it's still 43% above its 200-week average.
RBLX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $48.1 | 6.9% above |
| 20 week MA | $46.0 | 12% above |
| 50 week MA | $55.6 | 7.6% below |
| 100 week MA | $73.7 | 30% below |
| 200 week MA | $56.6 | 9.1% below |
RBLX has the edge over AAOI on trend strength, trading above more of its moving averages.
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 RBLX on returns for 2026, with the stronger performance.
RBLX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $69.7 | $101.8 | +46% |
| 2022 | $101.8 | $26.8 | -74% |
| 2023 | $26.8 | $45.7 | +71% |
| 2024 | $45.7 | $59.5 | +30% |
| 2025 | $59.5 | $82.2 | +38% |
| 2026 YTD | $82.2 | $51.4 | -37% |
RBLX is down 37% so far in 2026, after finishing higher in four of the previous five years.