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.
UTSI
UTStarcom Holdings Corp.
There isn't enough reported data to score UTSI 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.
UTSI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
UTSI's revenue is currently healthy, but its profitability and cash flow are weak. 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.
UTSI PE Valuation
UTSI 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.
UTSI Forward outlook
There aren't enough analyst estimates for UTSI 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 has the edge over UTSI on earnings, with more consistent year-over-year improvement.
UTSI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$1.66 | -$1.00 |
| Q1 2026 | -$1.58 | -$1.01 |
| Q4 2025 | -$1.50 | -$1.02 |
| Q3 2025 | -$0.76 | -$0.31 |
| Q2 2025 | -$0.66 | -$0.24 |
| Q1 2025 | -$0.57 | -$0.15 |
| Q4 2024 | -$0.48 | -$0.06 |
| Q3 2024 | -$0.45 | +$0.05 |
UTSI lost $1.66 per share over the past year, and its loss has widened in each of the last eight quarters.
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 UTSI 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 UTSI on profitability, with a higher operating margin.
UTSI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.7M | -27% |
| Q1 2026 | $1.7M | -27% |
| Q4 2025 | $9M | +248% |
| Q3 2025 | $2.2M | -16% |
| Q2 2025 | $2.3M | -19% |
| Q1 2025 | $2.3M | -19% |
| Q4 2024 | $2.6M | -44% |
| Q3 2024 | $2.6M | -44% |
UTSI's revenue is growing: $2M last quarter, down 27% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -179% | -89 points |
| Q1 2026 | -179% | -89 points |
| Q4 2025 | -95% | -23 points |
| Q3 2025 | -101% | -29 points |
| Q2 2025 | -90% | -27 points |
| Q1 2025 | -90% | -27 points |
| Q4 2024 | -72% | -41 points |
| Q3 2024 | -72% | -41 points |
UTSI's operating margin was −179% last quarter, down 89 points from the same quarter a year ago, near the bottom of its range since 2019.
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.
UTSI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$2.5M | -$181K |
| Q1 2026 | -$2.5M | -$181K |
| Q4 2025 | -$9.2M | -$8.2M |
| Q3 2025 | -$2.3M | -$1.3M |
| Q2 2025 | -$2.3M | -$994K |
| Q1 2025 | -$2.3M | -$994K |
| Q4 2024 | -$1M | -$644K |
| Q3 2024 | -$1M | -$644K |
UTSI has burned cash in most quarters: −$17M over the past year, against −$7M 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.
UTSI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +0.5% | +50K shares |
| 3 years | +1.1% | +102K shares |
| 5 years | +2.2% | +200K shares |
| Available history | +3.5% | +309K shares |
UTSI has the edge over AAOI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
UTSI hasn't bought back shares in the past year.
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
UTSI Net Leverage
UTSI'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).
UTSI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 36.0 | Neutral |
| Stochastic | 24.0 | Neutral |
UTSI's weekly RSI is 36 (neutral) and its Stochastic is 24 (neutral).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
UTSI PE vs Technology Sector
UTSI 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 UTSI on trend strength, trading above more of its moving averages.
UTSI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.20 | 12% below |
| 20 week MA | $2.32 | 17% below |
| 50 week MA | $2.43 | 21% below |
| 100 week MA | $2.47 | 22% below |
| 200 week MA | $2.88 | 33% below |
UTSI is in a downtrend: it's below all five of its weekly moving averages, and 33% 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 UTSI on returns for 2026, with the stronger performance.
UTSI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.8 | $5.24 | -55% |
| 2021 | $5.24 | $3.60 | -31% |
| 2022 | $3.60 | $4.44 | +23% |
| 2023 | $4.44 | $3.44 | -23% |
| 2024 | $3.44 | $2.80 | -19% |
| 2025 | $2.80 | $2.50 | -11% |
| 2026 YTD | $2.50 | $1.93 | -23% |
UTSI has finished three years in a row lower, and it's down 23% so far in 2026.