• Applied Optoelectronics 2025 shares outstanding were 0.06B, a 44.89% increase from 2024.
• Applied Optoelectronics 2024 shares outstanding were 0.042B, a 30.04% increase from 2023.
• Applied Optoelectronics 2023 shares outstanding were 0.032B, a 14.72% increase from 2022.

Shares outstanding can be defined as the number of shares held by shareholders (including insiders) assuming conversion of all convertible debt, securities, warrants and options. This metric excludes the company's treasury shares.