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.
VEEA
Veea Inc.
There isn't enough reported data to score VEEA 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.
VEEA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Weak | |
| Strong |
VEEA's revenue and balance sheet are currently healthy, but its profitability and cash flow are under pressure.
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.
VEEA PE Valuation
VEEA 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.
VEEA Forward outlook
There aren't enough analyst estimates for VEEA 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 VEEA in the latest year-over-year earnings comparison.
VEEA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$6.76 | +$0.44 |
| Q2 2026 | -$5.00 | +$32.60 |
| Q4 2022 | $5.30 | -23% |
VEEA is still losing money, but far less than before: $6.76 per share over the past year, against $37.60 at its worst in mid-2025.
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 VEEA 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 VEEA on profitability, with a higher operating margin.
VEEA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $72.1K | -50% |
| Q2 2026 | $176.2K | +142% |
| Q1 2026 | $180.4K | +1165% |
| Q3 2025 | $144.9K | +186% |
VEEA's revenue is growing: $72,135 last quarter, down 50% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -5568% | -2351 points |
| Q2 2026 | -4054% | +2693 points |
| Q1 2026 | -2788% | +37651 points |
| Q3 2025 | -3217% | +110228 points |
| Q2 2025 | -6748% | N/A |
| Q1 2025 | -40440% | N/A |
| Q4 2024 | -42336% | N/A |
| Q3 2024 | -113445% | N/A |
VEEA's operating margin was −5568% last quarter, up 1180 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.
VEEA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$3.7M | +$2M |
| Q1 2022 | -$339.5K | -1210% |
VEEA has burned cash in almost every quarter: −$19M 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 the edge over VEEA on shareholder dilution, with a more favorable share count trend.
VEEA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +22% | +569K shares |
| 1 year | +39% | +885K shares |
| 3 years | +59% | +1.2M shares |
VEEA has 3M diluted shares, up 39% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q1 2022 | — |
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
VEEA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2022 | 0.1x | Very low |
| Q3 2022 | 0.1x | Very low |
| Q2 2022 | 0.0x | Very low |
VEEA's net debt is less than a year of its operating earnings (EBITDA).
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).
VEEA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.3 | Neutral |
| Stochastic | 43.9 | Neutral |
VEEA's weekly RSI is 44 (neutral) and its Stochastic is 44 (neutral).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
VEEA PE vs Technology Sector
| Metric | VEEA | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
VEEA 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.
VEEA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.40 | 3.6% below |
| 20 week MA | $3.62 | 17% above |
| 50 week MA | $8.00 | 47% below |
| 100 week MA | $21.0 | 80% below |
| 200 week MA | $108.8 | 96% below |
VEEA's trend is mixed: it's above one of its five weekly moving averages, and 96% 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 VEEA on returns for 2026, with the stronger performance.
VEEA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $197.0 | $194.0 | -1.5% |
| 2022 | $194.0 | $201.4 | +3.8% |
| 2023 | $201.4 | $217.0 | +7.7% |
| 2024 | $217.0 | $72.2 | -67% |
| 2025 | $72.2 | $14.4 | -80% |
| 2026 YTD | $14.4 | $4.24 | -71% |
VEEA has finished lower in three of the last five years. It's down 71% so far in 2026.