Stocks / AAOI vs ONTO

AAOI vs ONTO: Which Stock Is the Better Buy?

Applied Optoelectronics, Inc. and Onto Innovation Inc. side by side — fundamentals from SEC filings, refreshed nightly. Sector: Technology.

AAOI is the larger company ($13.4B vs $13.4B). On the fundamentals, AAOI grows revenue faster (14.2% vs 12.6%); ONTO earns a higher net margin (13.6% vs -8.4%); ONTO has the stronger return on equity (6.5% vs -5.2%). On the filings, ONTO carries fewer potential red flags (1 vs 5). Full numbers below — the stronger figure on each row is in green.

AI verdict — AAOI vs ONTO, read from the filings

The stronger business, the cheaper stock, and the risks — synthesised from both companies’ SEC filings, every figure computed not guessed. Not investment advice.

 Applied Optoelectronics, Inc. (AAOI)Onto Innovation Inc. (ONTO)
Market cap$13.4B$13.4B
Revenue (latest FY)$455.71M$1.01B
Net income (latest FY)$-38.23M$136.76M
Revenue growth (5y CAGR)14.2%12.6%
Net margin-8.4%13.6%
Return on equity-5.2%6.5%
P/E ratio125.8
Dividend yield
Profitable years (of last 10)210
Positive free cash flowNoYes

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See the full AAOI vs ONTO breakdown

Both companies across 19 years of income statement, balance sheet and cash flow — with ratios, health checks and Ask, the SEC-grounded research assistant. Free, no account needed.

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Frequently asked questions

Which is bigger, AAOI or ONTO?

Applied Optoelectronics, Inc. is larger by market capitalization — $13.4B versus $13.4B.

Which grows faster, AAOI or ONTO?

Over the last five fiscal years, Applied Optoelectronics, Inc. grew revenue faster — 14.2%/yr versus 12.6%/yr, computed from SEC-filed statements.

Where does this data come from?

All figures are computed from official SEC filings (10-K), refreshed nightly. This is a data comparison, not investment advice.

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