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Applied Optoelectronics vs Gilat Satellite Networks

Applied Optoelectronics and Gilat Satellite Networks are similar in size: $456m and $452m of revenue in their latest fiscal years. Applied Optoelectronics grew faster (82.8% against 47.9%). Gilat Satellite Networks kept more of each dollar of sales as profit: a net margin of 4.6% against -8.4%. Gilat Satellite Networks carries less debt relative to equity (0.4% against 22.3%).

Latest fiscal yearApplied OptoelectronicsAAOI, 2025Gilat Satellite NetworksGILT, 2025
Revenue $456m $452m
Revenue growth 82.8% 47.9%
Net income −$38.2m $20.7m
Operating margin -12.0% 5.2%
Net margin -8.4% 4.6%
Return on equity -7.9% 5.2%
Free cash flow −$354m $9.2m
Cash $206m $169m
Total debt $164m $2.0m
Debt to equity 22.3% 0.4%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 4,691 —
Market value $5.33bn $546m
Price vs our value range — Within our value range
Moat score 16 (Weak) 26 (Weak)
Insider trades, 12 months 0 buys, 53 sales 0 buys, 6 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.