# APPLIED OPTOELECTRONICS, INC. (AAOI) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from APPLIED OPTOELECTRONICS, INC.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/AAOI/mda/fy2025/): filed 2026-02-26; accession 0001437749-26-005875 (https://www.sec.gov/Archives/edgar/data/1158114/000143774926005875/aaoi20251231_10k.htm); latest 10-K
- [FY 2024 MD&A](/company/AAOI/mda/fy2024/): filed 2025-02-28; accession 0001437749-25-005575 (https://www.sec.gov/Archives/edgar/data/1158114/000143774925005575/aaoi20241231_10k.htm)
- [FY 2023 MD&A](/company/AAOI/mda/fy2023/): filed 2024-02-23; accession 0001437749-24-005367 (https://www.sec.gov/Archives/edgar/data/1158114/000143774924005367/aaoi20231231_10k.htm)
- [FY 2022 MD&A](/company/AAOI/mda/fy2022/): filed 2023-02-27; accession 0001437749-23-004648 (https://www.sec.gov/Archives/edgar/data/1158114/000143774923004648/aaoi20221231_10k.htm)
- [FY 2021 MD&A](/company/AAOI/mda/fy2021/): filed 2022-02-24; accession 0001437749-22-004349 (https://www.sec.gov/Archives/edgar/data/1158114/000143774922004349/aaoi20211231_10k.htm)

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