Every material Form 8-K APPLIED OPTOELECTRONICS, INC. has filed with the SEC since September 15, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Applied Optoelectronics reported third-quarter 2026 revenue of $269.9 million, more than double the $118.6 million a year earlier, and GAAP net income of $6.3 million, compared with a net loss of $17.9 million in the third quarter of 2025. The company also expects fourth-quarter 2026 revenue of $385 million to $420 million, but its CFO said the 2027 US capacity expansion will take longer than expected due to power and construction issues.
Q3 2026 revenue was $269.9 million, up from $118.6 million in Q3 2025 and $191.9 million in Q2 2026.
GAAP net income was $6.3 million, or $0.07 per basic share, versus a net loss of $17.9 million in Q3 2025.
Non-GAAP gross margin was 28.7%, down from 31.0% in Q3 2025.
Q4 2026 outlook: revenue of $385 million to $420 million; non-GAAP net income of $45.9 million to $60.4 million.
Applied Optoelectronics entered a new Credit Agreement on October 30, 2026, with East West Bank as administrative agent, providing $30 million in revolving commitments and $170 million in initial term loan commitments. The company terminated its prior $35 million unused-revolver facility with BOK Financial on October 29, 2026, paying a $350,000 termination fee; the new facility matures October 30, 2030 and is secured by substantially all company assets.
New Credit Agreement dated October 30, 2026: $30 million revolving commitments and $170 million initial term loan commitments
Incremental term loan commitments of up to $50 million available subject to certain conditions
Prior Loan and Security Agreement dated July 31, 2025 terminated October 29, 2026; $350,000 termination fee paid
New facility matures October 30, 2030 and is secured by substantially all company assets
On September 10, 2026, Global Technology, a wholly owned subsidiary of Applied Optoelectronics, signed a 10-year lease for a factory building of about 38,311.8 square meters in Ningbo, China, starting September 16, 2026. The filing gives annual rent of RMB 6,896,124, with a 3% increase every three years from the third lease year, and grants the subsidiary alteration rights and rights of first refusal to buy or renew. The lease adds a multi-year fixed obligation and facility capacity for production, but the filing does not describe its financial size relative to the company's results.
Lease term: September 16, 2026 to September 15, 2036, ten years
Annual rent of RMB 6,896,124, rising 3% every three years beginning in the third lease year
Three-month rent-free renovation period after delivery of the property; subsidiary may alter the building at its own expense
Lessor may not terminate before expiration except for force majeure or material breach by the subsidiary
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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