Aehr Test Systems Income Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 27, 2026	May '25 May 30, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Revenue	45.26	58.97	66.22	64.96	50.83	16.6
Revenue Growth (YoY)	-26.39%	-10.95%	1.93%	27.80%	206.20%	-25.53%
Cost of Revenue	31.35	35.04	33.68	32.22	27.16	10.57
Gross Profit	13.9	23.93	32.54	32.75	23.67	6.03
Selling, General & Admin	17.51	18.28	13.75	12.24	10.05	6.56
Research & Development	11.67	10.46	8.72	7.13	5.82	3.65
Other Operating Expenses	0.87	0.86	-	-	-	-
Total Operating Expenses	30.05	29.61	22.47	19.37	15.87	10.21
Operating Income	-16.15	-5.68	10.08	13.38	7.8	-4.18
Total Non-Operating Income (Expense)	1.88	1.39	2.38	1.24	1.74	1.98
Pretax Income	-14.27	-4.29	12.46	14.62	9.54	-2.2
Provision for Income Taxes	-2.85	-0.38	-20.7	0.06	0.09	0.18
Net Income	-11.42	-3.91	33.16	14.56	9.45	-2.03
Net Income to Common	-11.42	-3.91	33.16	14.56	9.45	-2.03
Net Income Growth	-	-	127.77%	54.04%	-	-
Shares Outstanding (Basic)	30	30	29	28	26	23
Shares Outstanding (Diluted)	30	30	30	29	28	23
Shares Change (YoY)	1.80%	-0.12%	1.38%	5.19%	18.40%	2.51%
EPS (Basic)	-0.38	-0.13	1.15	0.52	0.36	-0.09
EPS (Diluted)	-0.38	-0.13	1.12	0.50	0.34	-0.09
EPS Growth	-	-	124.00%	47.06%	-	-
Shares Outstanding	30.95	29.88	29	28.54	27.12	23.73
Free Cash Flow	-12.19	-12.39	1.01	8.65	1.09	-2.93
Free Cash Flow Growth	-	-	-88.36%	692.03%	-	-
Free Cash Flow Per Share	-0.40	-0.42	0.03	0.30	0.04	-0.12
Gross Margin	30.72%	40.59%	49.15%	50.41%	46.56%	36.34%
Operating Margin	-35.68%	-9.63%	15.22%	20.59%	15.35%	-25.19%
Profit Margin	-25.23%	-6.63%	50.07%	22.41%	18.59%	-12.21%
FCF Margin	-26.95%	-21.01%	1.52%	13.31%	2.15%	-17.64%
EBITDA	-12.47	-2.29	11.44	14.47	8.85	-3.85
EBITDA Margin	-27.56%	-3.88%	17.28%	22.28%	17.40%	-23.22%
EBIT	-16.15	-5.68	10.08	13.38	7.8	-4.18
EBIT Margin	-35.68%	-9.63%	15.22%	20.59%	15.35%	-25.19%
Effective Tax Rate	19.98%	8.88%	-166.14%	0.41%	0.95%	-8.03%

Updated Apr 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q