Applied Optoelectronics reported Q1 2026 GAAP revenue of $151.1 million and non-GAAP net loss of $4.9 million, with Q2 guidance for $180-198 million revenue and non-GAAP gross margin of 29-30%.
Key takeaways
GAAP revenue $151.1M for Q1 2026, up from $99.9M YoY and $134.3M prior quarter.
GAAP gross margin 29.1%, non-GAAP 29.2%, down from 30.6%/30.7% YoY.
Non-GAAP net loss $4.9M or $0.07 per share, versus $0.9M loss YoY.
Q2 2026 guidance: revenue $180-198M, non-GAAP gross margin 29-30%, non-GAAP net income/loss -$2.5M to +$2.8M.
Completed first volume shipment of 800G products to hyperscale customer; capacity nearly 100,000 units/month.