Aehr Test Systems (AEHR) financials
Aehr Test Systems revenue and earnings by year
Aehr Test Systems's revenue was $50.0 million in the fiscal year to May 29, 2026, down 15.2% from the year before. Net income was -$7.13 million, -14.3% of revenue. Since the fiscal year to May 31, 2017, revenue has grown 11.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | May 2026 | May 2025 | May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 50 | 59 | 66 | 65 | 51 | 17 | 22 | 21 | 30 | 19 |
| Revenue growth | -15.2% | -10.9% | 1.9% | 27.8% | 206.2% | -25.5% | 5.9% | -28.8% | 56.4% | — |
| Gross profit | 18 | 24 | 33 | 33 | 24 | 6 | 8 | 8 | 12 | 7 |
| Gross margin | 35.3% | 40.6% | 49.1% | 50.4% | 46.6% | 36.3% | 37.6% | 36.1% | 41.9% | 35.9% |
| Operating income | -14 | -6 | 10 | 13 | 8 | -4 | -3 | -5 | 1 | -5 |
| Operating margin | -28.3% | -9.6% | 15.2% | 20.6% | 15.3% | -25.2% | -12.4% | -23.7% | 3.1% | -26.1% |
| Net income | -7 | -4 | 33 | 15 | 9 | -2 | -3 | -5 | 1 | -6 |
| Net margin | -14.3% | -6.6% | 50.1% | 22.4% | 18.6% | -12.2% | -12.6% | -24.9% | 1.8% | -29.9% |
| Diluted EPS | -$0.23 | -$0.13 | $1.12 | $0.50 | $0.34 | -$0.09 | -$0.12 | -$0.23 | $0.02 | -$0.35 |
| Free cash flow | -5 | -12 | 1 | 9 | 1 | -3 | -2 | -6 | -2 | -5 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open AEHR in Markets.
See also: AEHR valuation and P/E history · AEHR returns
No forecast, no recommendation. This page describes Aehr Test Systems from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.