Aehr Test Systems

Aehr Test Systems's next confirmed earnings release is scheduled for October 22, 2026.

As of May 31, 2026, Aehr Test Systems has 32.48M shares outstanding.

As of May 31, 2026, Aehr Test Systems maintains a current ratio of 10.33, meaning it holds 10.3x the short-term assets needed to cover near-term liabilities.

Over the twelve months ended May 31, 2026, Aehr Test Systems posted a negative return on equity (ROE) of -4.16, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -3.61, reflecting losses generated across the asset base. The company generates approximately 314,218.74 in revenue per employee across its workforce of 136.50, a quick read on workforce productivity versus industry peers. Inventory turnover of 0.78 indicates how many times Aehr Test Systems sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended May 31, 2026, Aehr Test Systems recorded an income tax benefit of -3.95M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -10.07M and -6.11M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Over the twelve months ended May 31, 2026, Aehr Test Systems generated 42.89M in revenue and converted that into -6.11M in net income, yielding earnings per share of -0.20. EBITDA reached -9.11M, while operating income came in at -12.13M.

As of May 31, 2026, Aehr Test Systems holds 99.81M in cash and equivalents against 8.48M in total debt, resulting in a net debt position of -99.81M. Total book value stands at 188.30M, with working capital of 142.90M providing operational flexibility.

Aehr Test Systems produced -2.84M in operating cash flow over the twelve months ended May 31, 2026. After subtracting -1.77M in capital expenditures, free cash flow totaled -4.61M - equivalent to -0.15 per share.

Over the twelve months ended May 31, 2026, Aehr Test Systems posted a gross margin of 35.30, reflecting its pricing power and cost economics. The operating margin of -28.29 and net profit margin of -14.25 provide insight into operational efficiency.