AEHRAehr Test Systems, Inc.
Price
+183%1YEnd-of-day closes, not the intraday tick.
Accounting is the story here: start there
Quality shaky, hard red flags, undemanding price, growth fading, the market undecided.
Aehr Test Systems, Inc. (“Aehr Test,” “Aehr,” or “we”) was incorporated in the state of California on May 25, 1977 and is headquartered in Fremont, California. We are a leading provider of test solutions for testing, burning-in, and stabilizing semiconductor devices in wafer level, singulated die, and package level, and have installed thousands of systems worldwide. Mission critical applications are driving increased quality, reliability, safety, and security needs of semiconductors.
In the company’s own words · 10-K filed Jul 27, 2026 · SEC EDGAR
Charts
As reported to the SEC, without any scoring.
Aehr Test Systems, Inc. (AEHR) reported revenue of $19M in Q4 2026 (quarter ended May 29, 2026), up 34% from the same quarter a year earlier. That came with a gross margin of 43% and net income of $1.4M (7.4% of revenue). For the full year FY2026, revenue was $50M (−15% year on year) and net income −$7.1M. Its largest product in Q4 2026 was Systems at $11M, 59% of the disclosed total, well ahead of Contactors at 31%. The next results filing is expected around Oct 5, 2026, the same week as a year ago.
What the company said
The company's own words from its current reports to the SEC, newest first
- Jul 14, 2026Aehr Test Systems Reports Fiscal 2026 Fourth Quarter and Full Year Financial Results with Record Quarterly Bookings and $100 Million Effective Backlog.Earnings release · press release
- Apr 20, 2026On April 17, 2026, Aehr Test Systems, a California corporation (the “Company”), fully utilized its previously announced at-the-market equity offering program and completed sales of shares of its common stock having aggregate gross proceeds of approximately $60.0 million.Other event · Form 8-K
- Apr 8, 2026On April 8, 2026, AEHR Test Systems (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC (the “Agents”), in connection with the offer and sale of up to $60,000,000 of shares of the Company’s common …Material agreement entered · Form 8-K
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
Business segments
Q4 2026 · $18.8MThe company’s own SEC segment disclosure.
- Systems$11.1M59%
- Contactors$5.8M31%
- Services$1.9M10%
Why these answers
Each answer with the checks it was read from. Open one for the numbers.
Conflicts between checks are named, never averaged, and thin data says so.
Semiconductor Equipment & Materials
Ranks #18 of 18 by RyuScore