Aehr Test Systems, Inc. (AEHR)

Aehr Test Systems Income Statement

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

Fiscal Quarter	Q4 2026	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022
Period Ending	May 29, 2026	Feb 27, 2026	Nov 28, 2025	Aug 29, 2025	May 30, 2025	Feb 28, 2025	Nov 29, 2024	Aug 30, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021
Revenue	50	45.26	53.25	56.82	58.97	61.48	50.74	58.71	66.22	71.89	81.53	74.91	64.96	62.98	61.06	55.85	50.83	38.18	28.16	20.23
Revenue Growth (YoY)	-15.21%	-26.39%	4.96%	-3.23%	-10.95%	-14.48%	-37.77%	-21.63%	1.93%	14.14%	33.53%	34.13%	27.80%	64.97%	116.81%	176.04%	206.20%	199.79%	107.39%	7.80%
Cost of Revenue	32.35	31.35	35.53	36.24	35.04	33.37	26.65	29.07	33.68	36.31	40.24	36.67	32.22	31.25	31.8	29.99	27.16	21.45	15.93	12.15
Gross Profit	17.65	13.9	17.72	20.57	23.93	28.11	24.08	29.64	32.54	35.57	41.29	38.25	32.75	31.74	29.26	25.87	23.67	16.73	12.23	8.09
Selling, General & Admin	19.16	17.01	17.74	17.94	17.78	18.11	16.01	14.9	13.75	13.58	13.76	13.12	12.24	11.64	11.01	10.62	10.05	8.96	7.99	7
Research & Development	12.63	11.67	11.65	10.95	10.46	9.93	8.93	8.62	8.72	8.82	8.51	8.09	7.13	6.54	6.23	6	5.82	5.19	4.57	4.07
Operating Expenses	31.79	28.68	29.39	28.89	28.25	28.04	24.94	23.52	22.47	22.4	22.28	21.21	19.37	18.18	17.24	16.61	15.87	14.15	12.56	11.07
Operating Income	-14.14	-14.78	-11.67	-8.32	-4.31	0.07	-0.86	6.12	10.08	13.18	19.02	17.03	13.38	13.56	12.02	9.25	7.8	2.58	-0.33	-2.99
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02	-0.03	-0.04
Interest & Investment Income	1.36	0.84	0.87	0.9	1.4	1.77	2.09	2.49	2.39	2.28	2.07	1.71	1.25	0.78	0.41	0.14	0.01	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-	-	-	-	-	-	-	-	-	-	0.03	0.03	0.03	-	-0.11	-0.11	-0.11
Other Non Operating Income (Expenses)	0.05	0.05	0.03	-0.54	-0.02	-0.02	0	0.27	-0.01	-0	-0.02	-0.03	-0	-0.07	-0.04	-0	0.03	0.16	0.11	0.07
EBT Excluding Unusual Items	-12.73	-13.9	-10.77	-7.96	-2.93	1.82	1.23	8.88	12.46	15.46	21.07	18.7	14.62	14.3	12.42	9.43	7.84	2.61	-0.36	-3.08
Merger & Restructuring Charges	-0.01	-1.37	-1.37	-1.58	-1.36	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Unusual Items	1	1	1	1.6	-	-	-	-0.3	-	-	-	-	-	-	-	-	1.7	1.7	1.7	1.7
Pretax Income	-11.74	-14.27	-11.14	-7.94	-4.29	1.82	1.23	8.58	12.46	15.46	21.07	18.7	14.62	14.3	12.42	9.43	9.54	4.3	1.34	-1.38
Income Tax Expense	-4.61	-2.85	-2.28	-1.29	-0.38	-21.04	-20.8	-20.56	-20.7	0.05	0.06	0.06	0.06	0.06	0.07	0.08	0.09	0.08	0.09	0.06
Net Income	-7.13	-11.42	-8.86	-6.65	-3.91	22.85	22.03	29.14	33.16	15.4	21.01	18.64	14.56	14.24	12.35	9.34	9.45	4.22	1.25	-1.44
Net Income to Common	-7.13	-11.42	-8.86	-6.65	-3.91	22.85	22.03	29.14	33.16	15.4	21.01	18.64	14.56	14.24	12.35	9.34	9.45	4.22	1.25	-1.44
Net Income Growth (YoY)	-	-	-	-	-	48.37%	4.85%	56.32%	127.77%	8.17%	70.08%	99.53%	54.04%	237.20%	892.05%	-	-	-	-	-
Shares Outstanding (Basic)	31	30	30	30	30	29	29	29	29	29	28	28	28	27	27	27	26	25	24	24
Shares Outstanding (Diluted)	31	30	30	30	30	29	29	30	30	30	30	29	29	29	29	29	28	27	25	24
Shares Change (YoY)	3.68%	2.26%	1.55%	0.57%	-0.12%	-0.57%	-0.47%	0.65%	1.38%	2.44%	2.71%	2.77%	5.19%	9.06%	14.26%	21.09%	18.40%	13.90%	8.89%	2.73%
EPS (Basic)	-0.23	-0.38	-0.30	-0.22	-0.13	0.78	0.76	1.01	1.15	0.54	0.74	0.66	0.52	0.52	0.45	0.35	0.36	0.17	0.05	-0.06
EPS (Diluted)	-0.23	-0.38	-0.30	-0.22	-0.13	0.78	0.75	0.98	1.12	0.52	0.71	0.64	0.50	0.49	0.43	0.32	0.34	0.15	0.04	-0.06
EPS Growth (YoY)	-	-	-	-	-	50.16%	6.35%	53.60%	124.00%	4.94%	64.03%	97.30%	47.06%	224.72%	892.49%	-	-	-	-	-

Additional Metrics

Fiscal Quarter	Q4 2026	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022
Period Ending	May 29, 2026	Feb 27, 2026	Nov 28, 2025	Aug 29, 2025	May 30, 2025	Feb 28, 2025	Nov 29, 2024	Aug 30, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021
Free Cash Flow	-5.38	-12.19	-11.69	-16.25	-12.39	-6.09	-5.92	-0.43	1.01	4.51	6.4	6.89	8.65	3	1.18	4.65	1.09	1.85	4.6	-1.71
Free Cash Flow Per Share	-0.17	-0.40	-0.39	-0.55	-0.42	-0.21	-0.20	-0.01	0.03	0.15	0.22	0.23	0.30	0.10	0.04	0.16	0.04	0.07	0.18	-0.07
Gross Margin	35.30%	30.72%	33.28%	36.21%	40.59%	45.72%	47.47%	50.48%	49.15%	49.49%	50.65%	51.05%	50.41%	50.39%	47.92%	46.31%	46.56%	43.82%	43.42%	39.96%
Operating Margin	-28.29%	-32.65%	-21.91%	-14.64%	-7.31%	0.11%	-1.69%	10.43%	15.22%	18.33%	23.32%	22.73%	20.59%	21.52%	19.68%	16.56%	15.35%	6.76%	-1.16%	-14.77%
Profit Margin	-14.25%	-25.23%	-16.63%	-11.71%	-6.63%	37.17%	43.41%	49.63%	50.07%	21.43%	25.77%	24.88%	22.41%	22.61%	20.23%	16.73%	18.59%	11.06%	4.42%	-7.11%
Free Cash Flow Margin	-10.75%	-26.95%	-21.96%	-28.60%	-21.02%	-9.91%	-11.67%	-0.73%	1.52%	6.28%	7.85%	9.20%	13.31%	4.76%	1.93%	8.33%	2.15%	4.83%	16.33%	-8.45%
EBITDA	-11.34	-11.93	-8.88	-5.61	-2	1.83	0.47	6.99	10.74	13.76	19.52	17.52	13.83	13.99	12.45	9.64	8.16	2.91	-0.03	-2.69
EBITDA Margin	-22.69%	-26.36%	-16.67%	-9.88%	-3.39%	2.97%	0.92%	11.90%	16.21%	19.14%	23.95%	23.38%	21.28%	22.21%	20.39%	17.26%	16.05%	7.63%	-0.12%	-13.28%
D&A For EBITDA	2.8	2.85	2.79	2.71	2.31	1.76	1.33	0.87	0.66	0.58	0.51	0.48	0.45	0.43	0.43	0.39	0.36	0.33	0.29	0.3
EBIT	-14.14	-14.78	-11.67	-8.32	-4.31	0.07	-0.86	6.12	10.08	13.18	19.02	17.03	13.38	13.56	12.02	9.25	7.8	2.58	-0.33	-2.99
EBIT Margin	-28.29%	-32.65%	-21.91%	-14.64%	-7.31%	0.11%	-1.69%	10.43%	15.22%	18.33%	23.32%	22.73%	20.59%	21.52%	19.68%	16.56%	15.35%	6.76%	-1.16%	-14.77%
Effective Tax Rate	-	-	-	-	-	-	-	-	-	0.35%	0.30%	0.33%	0.41%	0.41%	0.53%	0.87%	0.95%	1.88%	6.81%	-
Revenue as Reported	-	-	-	-	-	-	-	-	-	71.89	81.53	74.91	-	42.69	25.49	10.67	50.83	-	-	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 13, 2026

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