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.
VUZI
Vuzix Corporation
There isn't enough reported data to score VUZI 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.
VUZI Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Weak | |
| Unavailable |
VUZI's revenue, profitability and cash flow are currently 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.
VUZI PE Valuation
VUZI 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.
VUZI Forward outlook
There aren't enough analyst estimates for VUZI 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 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.
VUZI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.40 | +$0.06 |
| Q2 2026 | -$0.39 | +$0.12 |
| Q1 2026 | -$0.40 | +$0.63 |
| Q4 2025 | -$0.42 | +$0.66 |
| Q3 2025 | -$0.46 | +$0.77 |
| Q2 2025 | -$0.51 | +$0.75 |
| Q1 2025 | -$1.03 | -$0.25 |
| Q4 2024 | -$1.08 | -$0.30 |
VUZI 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 VUZI 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 VUZI on profitability, with a higher operating margin.
VUZI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $714.4K | -38% |
| Q2 2026 | $1.1M | -14% |
| Q1 2026 | $1.4M | -12% |
| Q4 2025 | $2.2M | +76% |
| Q3 2025 | $1.2M | -16% |
| Q2 2025 | $1.3M | +19% |
| Q1 2025 | $1.6M | -21% |
| Q4 2024 | $1.3M | +19% |
VUZI's revenue fell from its 2023 peak and has held roughly level since: $714,449 last quarter, down 38% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -1187% | -541 points |
| Q2 2026 | -696% | -90 points |
| Q1 2026 | -518% | +37 points |
| Q4 2025 | -374% | +715 points |
| Q3 2025 | -646% | +26 points |
| Q2 2025 | -606% | +3122 points |
| Q1 2025 | -555% | -51 points |
| Q4 2024 | -1089% | +824 points |
VUZI's operating margin was −1187% last quarter, down 541 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.
VUZI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$8.2M | -$2.9M |
| Q2 2026 | -$6.8M | -$1.3M |
| Q1 2026 | -$6.6M | -$2.5M |
| Q4 2025 | -$5.9M | -$1.7M |
| Q3 2025 | -$5.3M | +$165.4K |
| Q2 2025 | -$5.5M | +$947.9K |
| Q1 2025 | -$4.1M | +$4.8M |
| Q4 2024 | -$4.3M | +$3.6M |
VUZI 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.
VUZI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +683K shares |
| 1 year | +9% | +6.9M shares |
| 3 years | +33% | +21.1M shares |
| 5 years | +33% | +20.9M shares |
| Available history | +178% | +54.1M shares |
VUZI has the edge over AAOI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $470,757 |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | $251,057 |
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
VUZI Net Leverage
VUZI'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).
VUZI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.6 | Neutral |
| Stochastic | 7.4 | Oversold |
VUZI's weekly RSI is 39 (neutral) and its Stochastic is 7 (oversold).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
VUZI PE vs Technology Sector
VUZI 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 VUZI on trend strength, trading above more of its moving averages.
VUZI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.32 | 21% below |
| 20 week MA | $2.49 | 26% below |
| 50 week MA | $2.78 | 34% below |
| 100 week MA | $2.80 | 34% below |
| 200 week MA | $2.75 | 33% below |
VUZI 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 VUZI on returns for 2026, with the stronger performance.
VUZI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.10 | $9.05 | +331% |
| 2021 | $9.05 | $9.26 | +2.3% |
| 2022 | $9.26 | $3.65 | -61% |
| 2023 | $3.65 | $2.09 | -43% |
| 2024 | $2.09 | $5.25 | +151% |
| 2025 | $5.25 | $3.36 | -36% |
| 2026 YTD | $3.36 | $1.84 | -45% |
VUZI's yearly returns have swung widely, from +331% in 2020 to −61% in 2022. It's down 45% so far in 2026.