Applied Optoelectronics reported third-quarter GAAP revenue of $269.9 million, up from $118.6 million in the prior-year period, driven by strong demand for AI-related optical networking products. The company returned to GAAP profitability with net income of $6.3 million, or $0.07 per basic share, compared to a net loss of $17.9 million in Q3 2025. Non-GAAP net income was $14.8 million, or $0.17 per diluted share. The company secured a multi-year strategic agreement with a Tier 1 hyperscale datacenter customer and expects fourth-quarter revenue between $385 million and $420 million. Applied Optoelectronics is a leading developer and manufacturer of advanced optical and HFC networking products for AI datacenters, CATV broadband, telecommunications, and fiber-to-the-home markets.
