Aehr Test Systems, Inc. provides test solutions for testing, burn-in, and semiconductor devices at wafer level, singulated die, and package level in the United States, Asia, Europe, and the Middle East. The company offers FOX-XP and FOX-NP systems, which are full wafer contact and singulated die/module test and burn-in systems that test, burn-in, and stabilize a range of devices, including silicon carbide-based (SIC) and gallium nitride (GAN) power semiconductors; 2D and 3D sensors used in mobile phones, tablets, and other computing devices; memory semiconductors; processors; microcontrollers; systems-on-a-chip; and photonics and integrated optical devices used in AI. It also provides the FOX-CP system, a single-wafer compact test solution for logic, memory, and photonic devices; and the FOX WaferPak Contactor, a full wafer contactor capable of testing wafers up to 300mm that enables integrated circuit manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems. In addition, the company offers the FOX DiePak Carrier, which allows testing, burn-in, and stabilization of singulated bare die and modules; FOX WaferPak Aligner; and FOX DiePak Loader. Further, it provides system installation and repair, applications engineering support, spare parts inventories, customer training, and documentation services. The company sells its products in the United States, Germany, Japan, the Philippines, and Taiwan through distributors and sales representatives. It serves semiconductor manufacturers, semiconductor contract assemblies, electronics manufacturers, and burn-in and test service companies. Aehr Test Systems, Inc. was incorporated in 1977 and is headquartered in Fremont, California.

Aehr Test Systems (AEHR) Stock Price & Market Analysis
AEHR · NASDAQ · Semiconductors
$60.60
▼ -$8.61(-12.44%)4:00 PM ET - vs previous closeQuote as of Oct 16, 2026, 4:00 PM EDT
Regular-session close · Oct 16, 2026, 4:00 PM EDT.
Yahoo Finance · delayed, minutes not stated · as of Oct 16, 2026, 4:00 PM EDT · current source
Long-term rangesAvailable historyHide
Price history: 2000-10-17–2026-10-16. Earlier trading may not be included. Highs and lows use intraday prices when available, otherwise closing prices. The 52-week range is reported separately by Yahoo Finance.
Loading price chart…
Data dates
PriceAt closeLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Nov 2, 2026Next earningsFinnhub · Confirmed · Last verified 2026-10-17
Countdown
16 days out
Reported fundamentals
AEHR financial overview
Annual revenue
USD 50M
Sales for the fiscal year ended May 29, 2026. This is not trailing twelve-month revenue.
Revenue change
Not comparable
The prior fiscal year is not in this statement set.
Net profit margin
-14.3%
Net income divided by revenue for the fiscal year ended May 29, 2026. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · Profile
About Aehr Test Systems (AEHR)
Sector, leadership, and how Aehr Test Systems earns its revenue.
Technology
Company · Profile
About Aehr Test Systems (AEHR)
Sector, leadership, and how Aehr Test Systems earns its revenue.
Aehr Test Systems
NASDAQ · AEHR · US
Company overview as of Oct 17, 2026.
- Sector
- Technology
- Industry
- Semiconductors
- Headquarters
- Fremont, CA, United States
- Country
- US
- Founded
- 1997
- Employees
- 138
- CEO
- Mr. Gayn Erickson
- Exchange
- NASDAQ
Business model & operating evidenceExplore business exposure, reported operating measures and the evidence behind growth and profitability claims.
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Supporting observation: 33.7%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · SEC Companyfacts · 2026-05-29
Growth produces accounting profit
Contradicting observation: -14.3%
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · SEC Companyfacts · 2026-10-17T14:33:11.700Z
The business generates cash after investment
Supporting observation: USD 1.7M
Latest reported free cash flow. It is not a forecast and may cover a different period from the fiscal-year figures above. · SEC Companyfacts · 2026-05-29
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $18.84Mquarter ended May 29, 2026
- Gross margin
- 42.6%quarter ended May 29, 2026
- Operating margin
- -6.4%quarter ended May 29, 2026
- Capital expenditure
- $134,000.00quarter ended May 29, 2026
- Free cash flow
- $1.70Mquarter ended May 29, 2026
- Free cash flow margin
- 9.0%quarter ended May 29, 2026
- Operating cash / net income
- 1.32×quarter ended May 29, 2026
- Revenue growth year over year
- 33.7%quarter ended May 29, 2026
Leadership
Chief executive officerMr. Gayn Erickson
Source: Yahoo Finance · Oct 17, 2026
Ownership filings and insider activityCompetitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Reviewed company relationships
Direct competitors, industry comparables and thematic alternatives have different uses. Compare fiscal periods and business mix before comparing multiples.
Company-specific relationship evidence is not included in this snapshot. Explore the industry comparisons below without assuming that every comparable is a direct competitor.
A disclosed relationship is historical evidence, not a current valuation or a recommendation.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
All data sources
Search the dated figures used for this view. Each entry identifies its units, reporting period and calculation status.
Market closed
Regular hours: 9:30 AM–4:00 PM America/New_York
Next open: 2026-10-19 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
Shortcuts
With research tools focused: / search · W watchlist · C compare · F financials · E earnings · N news · T technicals · Esc close