Comparison

APPLIED OPTOELECTRONICS, INC. (AAOI) vs Hewlett Packard Enterprise Co (HPE)

The same filed metrics for both companies, side by side.

What each names as a risk in its own annual report, how each is priced against its own history, and the tracked managers whose latest 13F reports a position in both.

Financials

AAOI

APPLIED OPTOELECTRONICS, INC.

Communication Equipment

Revenue, FY25: $456M
Net income: −$38.23M
Operating cash flow: −$174M
Free cash flow: −$354M
Net margin: −8.39%
Operating margin: −11.98%
Gross margin: 30.04%

HPE

Hewlett Packard Enterprise Co

Communication Equipment

Revenue, FY25: $34.3B
Net income: $57M
Operating cash flow: $2.92B
Free cash flow: $627M
Net margin: 0.17%
Operating margin: −1.27%
Gross margin: -

Head-to-head

Filed growth, quality and valuation, read against each company’s own history rather than against the other side.

Metric	AAOI	HPE
Revenue growth, latest filed year	+82.75%	+13.84%
Piotroski F-score	4 of 9	5 of 8
P/E against its own history	-	193.01% above

What each says it is exposed to

From Item 1A of each company’s most recent 10-K.

AAOI

No 10-K read yet.

HPE

Cybersecurity
Litigation
Tax
Export controls
Supply chain
Currency moves

And 20 more.

Tracked managers holding both

No manager tracked here reports a position in both, as of each company’s latest filed 13F.

Updated Sep 15, 2026 · the newer of the two companies' filings