Exhibit 11

                      APA OPTICS, Inc.
                              
                              
                  Statement RE: Computation
                    of Per Share Earnings
<TABLE>
<CAPTION>
                                                     Three
    months ended                         Six months ended

September 30                                  September 30

1996                  1995                      1996
1995
<S>                                                     <C>
<C>                       <C>                   <C>
Average common
   shares outstanding                            8,160,736
7,583,161              8,081,197           7,482,477

Dilutive stock options
  and warrants (A)
0                  40,678                           0
0

Total
8,160,736             7,623,839              8,081,197
7,482,477

Net income (loss)                                  $
(6,763)            $  14,795              $  (70,280)
$  (1,692)

Per share amount
$(.00)                    $.00                      $(.01)
$(.00)
</TABLE>
(A) Calculated using the "treasury stock" method.