Aehr Test Systems

Aehr Test Systems

AEHR
Aehr Test SystemsUS flagNASDAQ Capital Market
119.01
USD
+10.54
- -
3.74BMarket Cap
Aehr Test Systems
AEHR
(NASDAQ Capital Market)

Recent

price

119.01

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.36
1.57
1.72
1.73
1.81
0.83
1.11
1.16
1.36
0.94
0.97
0.71
1.95
2.34
2.3
- -
1.5
Revenue per Share
-0.06
-0.39
-0.38
-0.36
0.04
-0.55
-0.52
-0.35
0.02
-0.23
-0.12
-0.09
0.36
0.52
1.15
- -
-0.38
Basic EPS, GAAP
0.37
-0.47
-0.55
-0.05
-0.09
-0.2
-0.55
-0.31
-0.09
-0.26
-0.1
-0.12
0.04
0.31
0.03
- -
-0.4
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-4.42
-4.7
-4.95
-5.03
-4.37
-4.5
-4.66
-4.09
-3.04
-3.18
-3.24
-3.24
-2.56
-1.87
-0.65
- -
-1.04
Book Value per Share
1.32
1.04
0.72
0.52
0.65
0.38
-0.06
1.03
0.89
0.69
0.61
0.49
1.96
2.72
3.87
- -
3.92
Tangible Book Value per Share
9
9
9
10
11
12
13
16
22
22
23
23
26
28
29
- -
30
Basic Weighted Avg Shares
12
14
16
16
20
10
15
19
30
21
22
17
51
65
66
59
45
Sales/Revenue/Turnover
-6.48
-30.48
-29.04
-20.06
2.52
-66.82
-42.44
-26.08
3.1
-20.3
-11.42
-25.19
15.35
20.59
15.22
-8.16
-33.76
Operating Margin (%)
1
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
3
4
Depreciation Expense
- -
-3
-3
-3
- -
-7
-7
-6
1
-5
-3
-2
9
15
33
-4
-11
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.95
0.41
- -
- -
- -
Effective Tax Rate (%)
-4.12
-24.67
-21.84
-20.74
2.14
-66.35
-46.79
-29.91
1.79
-24.86
-12.57
-12.21
18.59
22.41
50.07
-6.63
-25.23
Profit Margin (%)
10
8
6
5
7
8
4
21
18
15
14
10
49
73
87
73
87
Working Capital
- -
- -
- -
- -
- -
4
6
6
- -
- -
3
1
- -
6
6
10
9
LT Debt
11
9
6
5
7
5
-1
17
19
15
14
11
51
76
112
123
139
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
22.63
19.89
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-13.81
-26.16
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Aug'26
Nov'26
Feb'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
10
10
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
31
31
Market Capitalization
743
687
1,129

Working Capital

FRC

in mil. unless spec.
Aug'26
Nov'26
Feb'26
Total Current Assets
84
88
96
Cash, Cash Equivalents & STI
23
31
37
Accounts Receivable, Net
13
10
12
Inventories
42
43
41
Total Current Liabilities
12
8
9
Payables & Accruals
10
7
6
ST Debt
1
1
1
Deferred Revenue
1
- -
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-212%
86.56%
10.11%
Free Cash Flow
-57.95%
-166.07%
-1,330.59%
Net Income, GAAP
-178.58%
-104.77%
-111.79%
Sales/Revenue/Turnover
30.8%
39.89%
-10.95%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
21
21
8
17
66
2025
13
13
18
14
59
2026
11
10
10
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.21
-0.05
0.82
1.15
2025
0.02
-0.03
-0.02
-0.1
- -
2026
-0.07
-0.11
-0.1
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Aehr Test Systems, headquartered in Fremont, California and founded in 1977, provides advanced test solutions for burning-in, testing, and stabilizing semiconductor devices in wafer level, singulated die, package part, and system level form; its core products include the FOX-P family of systems such as the multi-wafer FOX-XP and single-wafer FOX-CP for logic, memory, photonic, power semiconductors including silicon carbide and gallium nitride devices, FOX WaferPak aligners and contactors for full-wafer testing up to 300mm, FOX DiePak carriers and loaders for handling up to 1024 singulated die or modules in parallel, and high-power Sonoma and Tahoe packaged part systems supporting up to 2000W per device with protocol-aware testing for SPI, I2C, and PSI5; these solutions serve applications in electric vehicles, AI accelerators, GPUs, high-performance computing, solar and wind power, data centers, telecommunications, and optical photonics, with thousands of systems installed worldwide. The company operates globally through direct sales and distributors, targeting automotive, mobility, computing, and power semiconductor markets. In 2024, Aehr completed the acquisition of Incal Technology, Inc., integrating high-power packaged part reliability test solutions like the ultra-high-power Sonoma family for AI and HPC processors to expand into the rapidly growing AI semiconductor sector; in November 2025, Aehr announced a partnership with ISE Labs for wafer-level test and burn-in tailored to high-performance computing and AI applications.

Company News

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