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42 /100
MEDIUM RISK
Score updated Oct 13, 2026

AAOI — Applied Optoelectronics, Inc. Dilution Risk Tracker

Track AAOI dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of October 13, 2026, Applied Optoelectronics, Inc. (AAOI) has a DilutionWatch DilutionScore of 42/100, rated MEDIUM dilution risk. Applied Optoelectronics, Inc. has a market capitalization of $8.51B, 84.57M shares outstanding, 385 institutional holders tracked. Stored dilution-related fields include ATM program capacity of $250.00M.

This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.

Score Breakdown

📋 Offering Ability
72
💰 Cash Runway
10
📊 Float Risk
10
⚠️ Warrant Exposure
15
🔄 Convertible Debt
15

Dilution Forecast

☀️
Clear
No significant dilution signals
model est. 9%
💰 Capital Raise model 18%
• Active ATM program with $250M remaining capacity
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Market Data

Market Cap$8.51B
Shares Outstanding84.57M
Float76.01M
Cash$505.76M
Debt$58.91M
Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

FieldCurrent ValueBasis
DilutionScore42/100DilutionWatch score record
Shares Outstanding84.57MVerified float table or market cache
Public Float76.01MVerified float table or market cache
Market Cap$8.51BMarket data cache
Cash Runway34.9 monthsDilutionWatch score inputs
Shelf CapacityNone in current score inputsSEC-derived dilution fields
ATM Capacity$250.00MSEC-derived dilution fields
Outstanding WarrantsNone in current score inputsSEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 7.

Recent SEC source mix: 4 3, 424B5 1, 8-K 1, XBRL 2.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 26.1% shares (2026Q1 vs prior)
385 institutional holders · 73.63M shares
#1 BlackRock, Inc. 7.19M shares
#2 VANGUARD CAPITAL MANAGEMENT LLC 6.12M shares
#3 JANE STREET GROUP, LLC 5.59M shares
+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest13.87M
Days to Cover2.0
% of Float18.2%
FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL CONVERTIBLE 2026-08-06
xbrl XBRL WARRANT 2026-02-26
4 INSIDER TRANSACTION 2026-06-11
4 INSIDER TRANSACTION 2026-03-23
4 INSIDER TRANSACTION 2026-03-18
Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual AAOI Dilution Snapshot

Applied Optoelectronics, Inc. (AAOI) has a DilutionScore of 42/100, rated Medium dilution risk. Score date: October 13, 2026.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

AAOI's DilutionScore has held steady at 42/100 (Medium risk) for 89 consecutive days across the tracked period.

Period Score Risk Level Duration
Jul 16 – Oct 13, 202642/100MEDIUM89 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

AAOI shares outstanding have increased 3.3% from 77.68M (Mar 2026) to 80.24M (May 2026). Each increase represents potential dilution to existing shareholders.

Date Shares Outstanding Public Float Change
May 28, 202680.24M76.01M▼ 1.52%
May 10, 202680.24M77.17M▲ 6.71%
May 04, 202680.05M72.32M▲ 0.12%
May 02, 202680.05M72.24M▼ 0.09%
Apr 28, 202680.05M72.30M▼ 0.09%
Apr 10, 202677.68M72.36M▲ 0.04%
Mar 26, 202677.68M72.33M▲ 0.14%
Mar 21, 202677.68M72.23M▲ 0.15%
Mar 17, 202677.68M72.12M▲ 0.14%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

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