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                                EXHIBIT 11

                             APA OPTICS, INC.

<TABLE>
<CAPTION>
                         Statement RE: Computation
                           of Per Share Earnings


                            Three months ended          Six months ended
                               Septmeber 30                September 30
                             1995         1994         1995       1994
<S>                       <C>           <C>          <C>        <C>
Average common
  shares outstanding      7,583,161     7,276,010    7,482,477  7,275,469
           

Dilutive stock options
  and warrants (A)           40,678             0            0          0
 
Total                     7,623,839     7,276,010    7,482,477  7,275,469
       
 
Net income (loss)        $   14,795     $(134,235)   $(  1,692) $(242,863)
             

Per share amount              $ .00         $(.02)       $(.00)     $(.03)


(A) Calculated using the "treasury stock" method.
</TABLE>