AEHR TEST SYSTEMS
AEHRNasdaq
$81.05
↓ -3.7%Jul 17 close · end-of-day
Price
1Y↑ +448.4%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$2.5B
Enterprise Value
$2.5B
P/E
—
P/S
55.0
P/B
17.9
EV/EBITDA
—
PEG
—
FCF Yield
-0.5%
Dividend Yield
—
Revenue (TTM)
$45.3M
Net Income (TTM)
-$3.9M
Free Cash Flow (TTM)
-$12.2M
Gross Margin
30.7%
Operating Margin
-35.7%
Net Margin
-8.6%
ROE
-2.8%
ROIC
-12.5%
Debt / Equity
—
Net Cash
$36.9M
Return 1Y
+423.6%
Company profile
Aehr Test Systems designs, engineers, manufactures, and sells test and burn-in equipment. It provides full wafer contact test systems, test during burn in systems and test fixtures, and related accessories. The company markets and sells its products to semiconductor manufacturers, semiconductor contract assemblers, electronics manufacturers, and burn in and test service companies.
- CEO
- Gayn Erickson
- Sector
- Manufacturing
- Industry
- Measuring And Control Equipment
- Employees
- 90
- Headquarters
- California
- Website
- aehr.com
Management & directors
- Scott Geoffrey GatesDirector
- Erickson GaynPresident and CEO
- Richmond Donald P. IiVP of Engineering
- Rogers VernonExec. VP Sales and Marketing
- Engineer AdilChief Operating Officer
- Sporck Alistair NVP Contactor Business Unit
- Siu ChrisCFO
- Salamone AlbertoEVP, PPBI BUSINESS
- Danesh FaribaDirector
- Oliphant LauraDirector
- Posedel Rhea JDirector
- Slayen Howard TDirector
Roles derived from SEC Form 4 filings.
Earnings
AEHR Q3 2026 Earnings
Period ends 2026-02-27
MetricActualYoY
Revenue$10.3M↓ -43.7%
Diluted EPS-$0.10↑ +400.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $16.6M | $50.8M | $65.0M | $66.2M | $59.0M |
| Gross profit | $6.0M | $23.7M | $32.7M | $32.5M | $23.9M |
| Operating income | -$4.2M | $7.8M | $13.4M | $10.1M | -$5.7M |
| Net income | -$2.0M | $9.4M | $14.6M | $33.2M | -$3.9M |
| Diluted EPS | -$0.09 | $0.34 | $0.50 | $1.12 | -$0.13 |
| Operating cash flow | -$2.7M | $1.5M | $10.0M | $1.8M | -$7.4M |
| Free cash flow | -$2.9M | $1.1M | $8.6M | $1.0M | -$12.4M |
| Gross margin | 36.3% | 46.6% | 50.4% | 49.1% | 40.6% |
| Operating margin | -25.2% | 15.3% | 20.6% | 15.2% | -9.6% |
| Net margin | -12.2% | 18.6% | 22.4% | 50.1% | -6.6% |
| Line item | Q1 '24 | Q1 '24 | Q2 '24 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.1M | — | $13.5M | $18.3M | $14.1M | $11.0M | $9.9M | $10.3M |
| Gross profit | $7.1M | — | $5.4M | $7.2M | $4.3M | $3.7M | $2.5M | $3.4M |
| Operating income | $159,000.00 | — | -$1.5M | -$1.1M | -$3.2M | -$4.1M | -$4.6M | -$4.2M |
| Net income | $660,000.00 | $660,000.00 | -$1.0M | -$643,000.00 | — | -$2.1M | -$3.2M | -$3.2M |
| Diluted EPS | $0.02 | $0.02 | -$0.03 | -$0.02 | — | -$0.07 | -$0.11 | -$0.10 |
| Operating cash flow | $2.4M | — | -$5.9M | -$1.6M | -$2.3M | -$282,000.00 | -$1.2M | -$3.7M |
| Free cash flow | $2.2M | — | -$6.2M | -$3.3M | -$5.1M | -$1.7M | -$1.6M | -$3.8M |
| Gross margin | 54.0% | — | 40.1% | 39.2% | 30.3% | 33.9% | 25.7% | 32.7% |
| Operating margin | 1.2% | — | -11.2% | -6.1% | -22.7% | -37.1% | -47.0% | -41.0% |
| Net margin | 5.0% | — | -7.6% | -3.5% | — | -19.0% | -32.7% | -31.1% |
Company news
Jul 20, 2026
Jul 19, 2026
Jul 17, 2026
Jul 16, 2026
- 4d agoAehr CEO Says AI Will Be Bigger Piece of Business as Orders Keep Rolling Infinance.yahoo.com
- 4d agoWhy Aehr Test Systems (AEHR) Is Up 29.3% After AI-Fueled 2027 Revenue Guidance And Record Backlogfinance.yahoo.com
- 4d agoAehr Test Systems (AEHR) Stock Looks Strong On Returns But Overvalued On Book Valuefinance.yahoo.com
- 4d agoAehr Test Systems (AEHR) Beat On Q4 Results, Is The Valuation Gap Too Wide?finance.yahoo.com
Jul 15, 2026
- 5d agoWhy Aehr Test Systems Stock Surged Todayfool.com
- 5d agoAEHR Stock Skyrockets After Q2 Earnings Beat-and-Raisebarchart.com
- 5d agoASML Stock Rises On Second-Quarter Beat, Raised Forecastfinance.yahoo.com
- 5d agoStock Market Today: Nasdaq Rises Despite Tumble Among Chip Leaders; Apple Paces Mag 7 Rallyfinance.yahoo.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-16 | SCOTT GEOFFREY GATES· Director | Sale | 20,000 | $82.13 | $1.6M | filing |
| 2026-07-16 | SCOTT GEOFFREY GATES· Director | Gift | 10,000 | $0.00 | $0.00 | filing |
| 2026-07-14 | Erickson Gayn· President and CEO | Tax withholding | 3,447 | $72.01 | $248,218.47 | filing |
| 2026-07-14 | ROGERS VERNON· Exec VP of Sales & Mktg. | Tax withholding | 573 | $72.01 | $41,261.73 | filing |
| 2026-07-14 | RICHMOND DONALD P. II· CTO | Tax withholding | 328 | $72.01 | $23,619.28 | filing |
| 2026-07-14 | ROGERS VERNON· Exec VP of Sales & Mktg. | Option exercise | 3,538 | $1.64 | $5,784.63 | filing |
| 2026-07-13 | Erickson Gayn· President and CEO | Tax withholding | 4,404 | $72.60 | $319,730.40 | filing |
| 2026-07-13 | Siu Chris· CFO | Tax withholding | 988 | $72.60 | $71,728.80 | filing |
| 2026-07-13 | ROGERS VERNON· Exec VP of Sales & Mktg. | Tax withholding | 588 | $72.60 | $42,688.80 | filing |
| 2026-07-13 | ROGERS VERNON· Exec VP of Sales & Mktg. | Option exercise | 21,200 | $1.64 | $34,662.00 | filing |
| 2026-07-13 | RICHMOND DONALD P. II· CTO | Tax withholding | 423 | $72.60 | $30,709.80 | filing |
| 2026-07-13 | ENGINEER ADIL· Chief Operating Officer | Tax withholding | 387 | $72.60 | $28,096.20 | filing |
| 2026-07-13 | ROGERS VERNON· Exec VP of Sales & Mktg. | Option exercise | 15,262 | $1.64 | $24,953.37 | filing |
| 2026-07-13 | SPORCK ALISTAIR N· VP Contactor Business Unit | Tax withholding | 209 | $72.60 | $15,173.40 | filing |
| 2026-07-02 | Erickson Gayn· President and CEO | Tax withholding | 3,091 | $69.96 | $216,246.36 | filing |
| 2026-07-02 | Siu Chris· CFO | Tax withholding | 1,139 | $69.96 | $79,684.44 | filing |
| 2026-07-02 | SALAMONE ALBERTO· EVP, PPBI BUSINESS | Tax withholding | 556 | $69.96 | $38,897.76 | filing |
| 2026-07-02 | ENGINEER ADIL· Chief Operating Officer | Tax withholding | 437 | $69.96 | $30,572.52 | filing |
| 2026-07-02 | ROGERS VERNON· Exec VP of Sales & Mktg. | Tax withholding | 337 | $69.96 | $23,576.52 | filing |
| 2026-07-02 | RICHMOND DONALD P. II· CTO | Tax withholding | 311 | $69.96 | $21,757.56 | filing |
| 2026-07-02 | SPORCK ALISTAIR N· VP Contactor Business Unit | Tax withholding | 259 | $69.96 | $18,119.64 | filing |
| 2026-07-01 | Erickson Gayn· President and CEO | Tax withholding | 22,925 | $84.43 | $1.9M | filing |
| 2026-07-01 | Siu Chris· CFO | Tax withholding | 2,213 | $84.43 | $186,832.53 | filing |
| 2026-07-01 | SPORCK ALISTAIR N· VP Contactor Business Unit | Tax withholding | 2,213 | $84.43 | $186,832.53 | filing |
| 2026-07-01 | RICHMOND DONALD P. II· CTO | Tax withholding | 2,213 | $84.43 | $186,832.53 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.