vs

Side-by-side financial comparison of ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL) and AMERICAN STATES WATER CO (AWR). Click either name above to swap in a different company.

AMERICAN STATES WATER CO is the larger business by last-quarter revenue ($164.3M vs $162.3M, roughly 1.0× ALPHA & OMEGA SEMICONDUCTOR Ltd). AMERICAN STATES WATER CO runs the higher net margin — 17.5% vs -8.2%, a 25.7% gap on every dollar of revenue. On growth, AMERICAN STATES WATER CO posted the faster year-over-year revenue change (14.8% vs -6.3%). ALPHA & OMEGA SEMICONDUCTOR Ltd produced more free cash flow last quarter ($-23.1M vs $-36.0M). Over the past eight quarters, AMERICAN STATES WATER CO's revenue compounded faster (10.2% CAGR vs 4.0%).

Alpha & Omega Semiconductor Ltd designs, manufactures and markets a broad portfolio of power semiconductors, including power MOSFETs, IGBTs, analog ICs and power management modules. Its products are applied across consumer electronics, industrial equipment, automotive systems, telecom and computing segments, with sales networks covering major global markets.

American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.

AOSL vs AWR — Head-to-Head

Bigger by revenue
AWR
AWR
1.0× larger
AWR
$164.3M
$162.3M
AOSL
Growing faster (revenue YoY)
AWR
AWR
+21.1% gap
AWR
14.8%
-6.3%
AOSL
Higher net margin
AWR
AWR
25.7% more per $
AWR
17.5%
-8.2%
AOSL
More free cash flow
AOSL
AOSL
$12.9M more FCF
AOSL
$-23.1M
$-36.0M
AWR
Faster 2-yr revenue CAGR
AWR
AWR
Annualised
AWR
10.2%
4.0%
AOSL

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AOSL
AOSL
AWR
AWR
Revenue
$162.3M
$164.3M
Net Profit
$-13.3M
$28.7M
Gross Margin
21.5%
88.9%
Operating Margin
-8.4%
27.4%
Net Margin
-8.2%
17.5%
Revenue YoY
-6.3%
14.8%
Net Profit YoY
-101.0%
1.1%
EPS (diluted)
$-0.45
$0.74

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AOSL
AOSL
AWR
AWR
Q4 25
$162.3M
$164.3M
Q3 25
$182.5M
$182.7M
Q2 25
$176.5M
$163.1M
Q1 25
$164.6M
$148.0M
Q4 24
$173.2M
$143.1M
Q3 24
$181.9M
$161.8M
Q2 24
$161.3M
$155.3M
Q1 24
$150.1M
$135.3M
Net Profit
AOSL
AOSL
AWR
AWR
Q4 25
$-13.3M
$28.7M
Q3 25
$-2.1M
$41.2M
Q2 25
$-77.1M
$33.7M
Q1 25
$-10.8M
$26.8M
Q4 24
$-6.6M
$28.4M
Q3 24
$-2.5M
$35.8M
Q2 24
$-2.7M
$31.9M
Q1 24
$-11.2M
$23.1M
Gross Margin
AOSL
AOSL
AWR
AWR
Q4 25
21.5%
88.9%
Q3 25
23.5%
91.0%
Q2 25
23.4%
92.1%
Q1 25
21.4%
91.3%
Q4 24
23.1%
92.4%
Q3 24
24.5%
92.7%
Q2 24
25.7%
89.6%
Q1 24
23.7%
88.4%
Operating Margin
AOSL
AOSL
AWR
AWR
Q4 25
-8.4%
27.4%
Q3 25
-2.5%
33.8%
Q2 25
-6.6%
31.3%
Q1 25
-6.5%
30.8%
Q4 24
-3.4%
27.0%
Q3 24
-0.1%
34.0%
Q2 24
-0.9%
33.3%
Q1 24
-7.0%
28.8%
Net Margin
AOSL
AOSL
AWR
AWR
Q4 25
-8.2%
17.5%
Q3 25
-1.2%
22.5%
Q2 25
-43.7%
20.7%
Q1 25
-6.6%
18.1%
Q4 24
-3.8%
19.9%
Q3 24
-1.4%
22.1%
Q2 24
-1.7%
20.5%
Q1 24
-7.5%
17.1%
EPS (diluted)
AOSL
AOSL
AWR
AWR
Q4 25
$-0.45
$0.74
Q3 25
$-0.07
$1.06
Q2 25
$-2.61
$0.87
Q1 25
$-0.37
$0.70
Q4 24
$-0.23
$0.75
Q3 24
$-0.09
$0.95
Q2 24
$-0.09
$0.85
Q1 24
$-0.39
$0.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AOSL
AOSL
AWR
AWR
Cash + ST InvestmentsLiquidity on hand
$196.3M
$18.8M
Total DebtLower is stronger
$782.7M
Stockholders' EquityBook value
$818.8M
$1.0B
Total Assets
$1.0B
$2.7B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AOSL
AOSL
AWR
AWR
Q4 25
$196.3M
$18.8M
Q3 25
$223.5M
$26.1M
Q2 25
$153.1M
$20.2M
Q1 25
$169.4M
$21.2M
Q4 24
$182.6M
$26.7M
Q3 24
$176.0M
$16.5M
Q2 24
$175.1M
$3.6M
Q1 24
$174.4M
$17.0M
Total Debt
AOSL
AOSL
AWR
AWR
Q4 25
$782.7M
Q3 25
Q2 25
$14.9M
Q1 25
Q4 24
$640.4M
Q3 24
Q2 24
$26.7M
Q1 24
Stockholders' Equity
AOSL
AOSL
AWR
AWR
Q4 25
$818.8M
$1.0B
Q3 25
$834.1M
$1.0B
Q2 25
$822.3M
$972.5M
Q1 25
$886.3M
$956.4M
Q4 24
$902.6M
$920.1M
Q3 24
$895.3M
$879.5M
Q2 24
$891.6M
$833.5M
Q1 24
$888.9M
$800.5M
Total Assets
AOSL
AOSL
AWR
AWR
Q4 25
$1.0B
$2.7B
Q3 25
$1.0B
$2.7B
Q2 25
$1.0B
$2.6B
Q1 25
$1.1B
$2.5B
Q4 24
$1.1B
$2.5B
Q3 24
$1.1B
$2.4B
Q2 24
$1.1B
$2.3B
Q1 24
$1.2B
$2.3B
Debt / Equity
AOSL
AOSL
AWR
AWR
Q4 25
0.75×
Q3 25
Q2 25
0.02×
Q1 25
Q4 24
0.70×
Q3 24
Q2 24
0.03×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AOSL
AOSL
AWR
AWR
Operating Cash FlowLast quarter
$-8.1M
$27.7M
Free Cash FlowOCF − Capex
$-23.1M
$-36.0M
FCF MarginFCF / Revenue
-14.2%
-21.9%
Capex IntensityCapex / Revenue
9.2%
38.8%
Cash ConversionOCF / Net Profit
0.96×
TTM Free Cash FlowTrailing 4 quarters
$-40.9M
$-7.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AOSL
AOSL
AWR
AWR
Q4 25
$-8.1M
$27.7M
Q3 25
$10.2M
$92.4M
Q2 25
$-2.8M
$64.6M
Q1 25
$7.4M
$45.1M
Q4 24
$14.1M
$64.5M
Q3 24
$11.0M
$63.7M
Q2 24
$7.1M
$24.7M
Q1 24
$28.2M
$45.8M
Free Cash Flow
AOSL
AOSL
AWR
AWR
Q4 25
$-23.1M
$-36.0M
Q3 25
$420.0K
$37.7M
Q2 25
$-17.2M
$13.7M
Q1 25
$-1.1M
$-22.5M
Q4 24
$6.6M
$6.0M
Q3 24
$4.1M
$-478.0K
Q2 24
$-210.0K
$-37.0M
Q1 24
$20.5M
$-1.7M
FCF Margin
AOSL
AOSL
AWR
AWR
Q4 25
-14.2%
-21.9%
Q3 25
0.2%
20.7%
Q2 25
-9.7%
8.4%
Q1 25
-0.6%
-15.2%
Q4 24
3.8%
4.2%
Q3 24
2.3%
-0.3%
Q2 24
-0.1%
-23.8%
Q1 24
13.7%
-1.3%
Capex Intensity
AOSL
AOSL
AWR
AWR
Q4 25
9.2%
38.8%
Q3 25
5.4%
29.9%
Q2 25
8.1%
31.2%
Q1 25
5.1%
45.6%
Q4 24
4.3%
40.9%
Q3 24
3.8%
39.7%
Q2 24
4.5%
39.8%
Q1 24
5.2%
35.2%
Cash Conversion
AOSL
AOSL
AWR
AWR
Q4 25
0.96×
Q3 25
2.24×
Q2 25
1.92×
Q1 25
1.68×
Q4 24
2.27×
Q3 24
1.78×
Q2 24
0.78×
Q1 24
1.98×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AOSL
AOSL

Power Discrete$101.0M62%
Power Ic$58.8M36%
Packaging And Testing Services$2.5M2%

AWR
AWR

Water Service Utility Operations$110.0M67%
Public Utilities Inventory Water$22.3M14%
Wastewater$15.9M10%
Electric Service Utility Operations$15.2M9%

Related Comparisons