Invezz

Aehr Test Systems (AEHR)

Nasdaq Market Closed

Aehr Test Systems designs, manufactures, markets, and sells advanced test and burn-in equipment used by semiconductor manufacturers. Its systems are built to identify defects and improve reliability in integrated circuits before they are deployed in demanding end markets. The company operates as a specialist supplier to the semiconductor manufacturing industry, serving customers across multiple geographic regions.

Aehr is best known for solutions that test and burn in devices at wafer level, die level, and package level. Burn-in is a reliability process that stresses chips under controlled conditions to screen out early failures. This capability is increasingly important as semiconductors are used in applications where performance and durability are critical, including electric vehicles, automotive power electronics, mobility systems, data infrastructure, optical devices, memory, and logic products.

The company’s product families include ABTS and FOX systems, along with related tools and consumables such as the FOX WaferPak Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier, and FOX DiePak Loader. These products support different stages of the production flow and are intended to help customers improve yield, reduce field failures, and qualify devices for high-reliability uses.

Aehr has gained particular market attention because of its exposure to silicon carbide and other advanced semiconductor technologies used in electrification and power conversion. As chip designs become more complex and end-use requirements become stricter, manufacturers often need more sophisticated test strategies. Aehr’s niche is providing equipment that can test many devices efficiently while supporting the reliability standards required by automotive, industrial, and communications markets.

72.01 USD
+3.99 (+5.87%)

Last updated

Market Cap
$2,139,450,337
P/E
P/FCF
P/S
43.24
Enterprise Value
$2,102,539,337
Sector
Industrials
Industry
Instruments for Measuring and Testing of Electricity and Electrical Signals
Address
400 KATO TERRACE, FREMONT, CA, 94539
Market Cap
$2,139,450,337
Enterprise Value
$2,102,539,337
P/E
P/B
15.41
P/S
43.24
EV / EBITDA
-157.93
EV / Sales
42.5
EPS
-0.29
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
ROE
-6.6%
ROA
-5.83%
Debt / Equity
0
Current Ratio
10.97
Quick Ratio
6.26
Cash
4.22
Avg Volume
$1,819,963
Fundamentals Snapshot Price
68.02

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q1 2024 Q4
Revenue 10.31M 9.88M 10.97M 18.31M 13.45M
Cost of revenue 6.95M 7.34M 7.25M 11.12M 8.05M
Gross profit 3.37M 2.55M 3.72M 7.18M 5.4M
Operating income -4.23M -4.65M -4.07M -1.12M -1.51M
EBITDA -4.23M -4.86M -3.1M -1.12M -1.51M
Net income -3.2M -3.23M -2.08M -643K -1.03M
Income taxes -798K -1.21M -752K -231K -217K
Interest expense 240K 194K 179K 270K 228K
Other operating expenses 0 -213K 219K 0 0
Total operating expenses 7.6M 7.19M 7.79M 8.3M 6.91M
Basic EPS -0.1 -0.11 -0.07 -0.02 -0.03
Diluted EPS -0.1 -0.11 -0.07 -0.02 -0.03

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 157.05M 148.73M 144.09M 148.51M 145.61M
Total liabilities 18.25M 17.96M 21.7M 25.64M 21.4M
Total equity 138.79M 130.78M 122.39M 122.87M 124.21M
Cash & equivalents 36.91M 30.84M 22.71M 24.53M 29.41M
Current assets 95.9M 88.19M 84.05M 88.78M 91.7M
Current liabilities 8.74M 8.31M 11.91M 15.64M 16.06M
Accounts payable 2.1M 3.55M 3.38M 6.73M 6.96M
Receivables 11.81M 10.28M 13.06M 14.19M 11.99M
Inventories 41.16M 42.72M 41.84M 42M 42.33M
Goodwill 10.72M 10.72M 10.72M 10.72M 10.74M

Cash Flow

Line Item 2025 Q3 2025 Q2 2024 Q3 2024 Q2 2023 Q4
Operating cash flow -282K -2.3M 2.38M 1.22M -787K
Investing cash flow -1.39M -2.82M -10.81M -46K 43.03M
Financing cash flow -158K 251K -106K 421K -7.58M
Change in cash -1.82M -4.88M -8.53M 1.58M 34.69M
Net income -2.08M -2.9M 660K 23.86M 2.32M
Kind Filing Date Link
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
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edgar index 4 — AEHR TEST SYSTEMS View Filing
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form 4 Form 4 — RICHMOND DONALD P. II View Filing
form 4 Form 4 — SALAMONE ALBERTO View Filing
form 4 Form 4 — SPORCK ALISTAIR N View Filing
form 4 Form 4 — Siu Chris View Filing
form 4 Form 4 — POSEDEL RHEA J View Filing
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form 4 Form 4 — SLAYEN HOWARD T View Filing
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form 4 Form 4 — DANESH FARIBA View Filing
form 4 Form 4 — ENGINEER ADIL View Filing
form 4 Form 4 — ENGINEER ADIL View Filing
form 4 Form 4 — ENGINEER ADIL View Filing
form 4 Form 4 — Erickson Gayn View Filing
form 4 Form 4 — Erickson Gayn View Filing
form 4 Form 4 — Erickson Gayn View Filing
form 4 Form 4 — Erickson Gayn View Filing
form 4 Form 4 — ROGERS VERNON View Filing
form 4 Form 4 — ROGERS VERNON View Filing
form 4 Form 4 — ROGERS VERNON View Filing
form 4 Form 4 — RICHMOND DONALD P. II View Filing
form 4 Form 4 — RICHMOND DONALD P. II View Filing
form 4 Form 4 — RICHMOND DONALD P. II View Filing
form 4 Form 4 — SALAMONE ALBERTO View Filing
form 4 Form 4 — SALAMONE ALBERTO View Filing
form 4 Form 4 — SALAMONE ALBERTO View Filing
form 4 Form 4 — SPORCK ALISTAIR N View Filing
form 4 Form 4 — SPORCK ALISTAIR N View Filing
form 4 Form 4 — SPORCK ALISTAIR N View Filing
form 4 Form 4 — SPORCK ALISTAIR N View Filing
form 4 Form 4 — Siu Chris View Filing
form 4 Form 4 — Siu Chris View Filing
form 4 Form 4 — Siu Chris View Filing
form 4 Form 4 — Siu Chris View Filing
form 4 Form 4 — WIMMERS DIDIER View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
form 4 Form 4 — OLIPHANT LAURA View Filing
form 4 Form 4 — OLIPHANT LAURA View Filing
form 4 Form 4 — OLIPHANT LAURA View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
form 4 Form 4 — WIMMERS DIDIER View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
form 4 Form 4 — Siu Chris View Filing
form 4 Form 4 — Siu Chris View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 4 — AEHR TEST SYSTEMS View Filing
edgar index 144 — AEHR TEST SYSTEMS View Filing
form 4 Form 4 — Siu Chris View Filing
form 4 Form 4 — Siu Chris View Filing
edgar index 4/A — AEHR TEST SYSTEMS View Filing
edgar index 144 — AEHR TEST SYSTEMS View Filing
form 4 Form 4 — SLAYEN HOWARD T View Filing
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