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AEHR TEST SYSTEMS (AEHR)

Earnings summaries and quarterly performance for AEHR TEST SYSTEMS.

Recent press releases and 8-K filings for AEHR.

AEHR Test Systems Reports Q1 2026 Results, Highlights AI Market Momentum and Capacity Expansion
AEHR
Earnings
New Projects/Investments
Demand Weakening
  • Aehr Test Systems reported Q1 fiscal 2026 revenue of $11 million and non-GAAP net income of $0.3 million, or $0.01 per share, surpassing analyst consensus estimates.
  • The company experienced strong momentum in the AI processor market, securing multiple follow-on volume production orders for its Sonoma systems from a lead hyperscaler and seeing increased interest in both packaged and wafer-level burn-in solutions.
  • Non-GAAP gross margin for the quarter was 37.5%, down from 54.7% in the prior year, primarily due to lower sales volume and a less favorable product mix.
  • Aehr completed a manufacturing facility renovation, which has increased its overall manufacturing capacity by at least five times to support the growth of high-power systems for AI configurations.
  • The company's backlog at the end of Q1 was $15.5 million, with an additional $2 million in net bookings received in the first five weeks of Q2 fiscal 2026.
Oct 6, 2025, 9:00 PM
Aehr Test Systems Reports Fiscal 2026 First Quarter Financial Results
AEHR
Earnings
Guidance Update
New Projects/Investments
  • Aehr Test Systems reported net revenue of $11.0 million and a GAAP net loss of $(2.1) million, or $(0.07) per diluted share, for the first quarter of fiscal 2026 ended August 29, 2025.
  • The company recorded bookings of $11.4 million for the quarter, with an effective backlog of $17.5 million as of August 29, 2025.
  • Growth is driven by AI and data center-related semiconductor test and burn-in activity, including follow-on orders for Sonoma systems from a lead production customer and strategic partnerships for advanced wafer level solutions.
  • Demand is also increasing across other segments such as silicon photonics, hard disk drives, gallium nitride, and silicon carbide, with overall order growth anticipated for the fiscal year.
  • Total cash, cash equivalents, and restricted cash stood at $24.7 million as of August 29, 2025.
Oct 6, 2025, 8:35 PM
Aehr Test Systems Reports Q4 and Full Year 2025 Results, Highlights AI Market Diversification
AEHR
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Aehr Test Systems reported fiscal year 2025 revenue of $59 million, an 11% decrease year-over-year, with non-GAAP net income of $4.6 million or $0.15 per diluted share.
  • The company significantly diversified its revenue streams in fiscal 2025, with AI processors accounting for over 35% of revenue (up from 0% in FY24), while silicon carbide revenue decreased from over 90% in FY24 to less than 40% in FY25.
  • Aehr achieved a major milestone by completing and shipping the industry's first wafer level burn-in system for AI processors and secured initial volume production orders for packaged part burn-in from a hyperscaler.
  • Annual bookings for fiscal 2025 increased by over 24% to $61.1 million, primarily driven by AI processor burn-in systems, and the company completed the integration of the InCal acquisition, expecting over $800,000 in annual facility cost savings.
  • The company anticipates order growth in most market verticals in fiscal 2026, with the exception of silicon carbide, and is engaged in evaluations with new AI companies for wafer level testing.
Jul 9, 2025, 12:10 AM
Aehr Test Systems Showcases Semiconductor Testing Innovations at Growth Stock Conference
AEHR
New Projects/Investments
Product Launch
Revenue Acceleration/Inflection
  • Aehr Test Systems detailed its advanced semiconductor testing platforms, emphasizing its differentiated wafer-level burn-in and consumable solutions for critical applications like EVs, AI processors, gallium nitride, and memory testing.
  • The company highlighted its recent acquisition to enhance production capacity in AI processor testing, noting rapid shipment capabilities and integrated automated systems.
  • Discussion also focused on market diversification from a heavy reliance on silicon carbide to expanding into new sectors, including flash memory and hard disk drive applications.
Jun 4, 2025, 2:25 AM
Aehr Test Systems Reports Q3 2025 Earnings Growth
AEHR
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Revenue increased by 142% YoY to $18.3M, driven by strong shipments of the new FOX-XP wafer-level burn-in systems for AI processors and significant market diversification (from over 90% silicon carbide to less than 40%).
  • Effective backlog rose to $21.8M following robust bookings, even as near-term tariff uncertainties led the company to temporarily withdraw its guidance for the quarter.
  • Product integration and expansion efforts advanced, with the successful integration of the InCal acquisition and the introduction of new systems targeting AI, GaN, and hard disk drive markets.
Apr 8, 2025, 9:01 PM