AAOI vs IPGP
AAOI: Vertically integrated provider of fiber-optic networking products and lasers serving hyperscale data centers, cable operators, and telecom networks, scaling rapidly on AI-driven demand for 800+ Gbps optical interconnects. IPGP: A vertically integrated manufacturer of high-power fiber lasers and amplifiers that compete with traditional laser and non-laser technologies across industrial, medical, and advanced materials processing applications.
Side-by-side fundamentals
| Metric | AAOI | IPGP | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $110.52 | $97.84 | |
| Market cap as of 2026-07-23 | $9.6B | $4.4B | |
| P/E as of 2026-07-23 | n/a | 150.85 | |
| PEG as of 2026-07-23 | n/a | 5.51 | |
| Net margin as of 2026-07-23 | -8.6% | +2.8% | IPGP higher |
| Gross margin as of 2026-07-23 | +29.6% | +37.6% | IPGP higher |
| Operating margin as of 2026-07-23 | -11.6% | +0.3% | IPGP higher |
| ROE as of 2026-07-23 | -6.1% | +1.4% | IPGP higher |
| ROA as of 2026-07-23 | -3.8% | +1.2% | IPGP higher |
| Debt / equity as of 2026-07-23 | 0.19 | 0.00 | IPGP lower |
| Revenue growth (YoY) as of 2026-07-23 | +64.3% | +9.3% | AAOI higher |
| Revenue CAGR (3y) SEC XBRL | +26.9% | -11.1% | AAOI higher |
| Beta as of 2026-07-23 | 3.77 | 0.98 | |
| 1-year return as of 2026-07-22 close | +322.5% | +38.1% | AAOI higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.