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Aehr Test Systems AEHR Services — Revenue

Other product segments

Systems
$5.78M-46.2%
Contactors
$3M-49.4%

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Other financials

Income statement

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Revenue$10.3M-43.7%
Gross profit$3.4M-53.1%
Operating income-$4.2M-278%
Net income-$3.2M-398%
EPS (diluted)-$0.10-400%

Balance sheet

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Cash & equivalents$116.4M+339%
Total debt$9.9M-8.8%
Total equity$219.5M+78.7%
Total assets$246.7M+66.1%

Cash flow

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Operating cash flow-$5.1M-0.9%
CapEx$1.9M-11.1%
Free cash flow-$7.1M+2.7%

Valuation

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Market cap$3.25B+498%
Enterprise value$3.15B+496%
P/S63.8×+55.8×

Profitability

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Gross margin39.5%-8.0pp
Operating margin14.3%+0.7pp
Net margin44.2%+27.4pp
FCF margin-27.1%

Returns & leverage

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Return on equity32.3%+20.3pp
Debt / equity0.0×
Current ratio10.3×+4.7×

Where this comes from

Reported directly by Aehr Test Systems in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Aehr Test Systems’s 10-Q, filed April 8, 2026.

Filed
Apr 8, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001654954-26-003348
(In thousands)Three Months Ended / February 27, 2026Three Months Ended / February 28, 2025Nine Months Ended / February 27, 2026Nine Months Ended / February 28, 2025
Systems$5,782$10,744$17,521$14,214
Contactors3,0035,9379,06026,606
Services1,5281,6264,5854,059
$10,313$18,307$31,166$44,879

Item 1. Financial Statements (unaudited)

FAQ

What is Aehr Test Systems's services — revenue?
Aehr Test Systems (AEHR) reported services — revenue of $1.53M in Q1 2026.
How has Aehr Test Systems's services — revenue changed year-over-year?
Aehr Test Systems's services — revenue decreased by 6.0% year-over-year, from $1.63M to $1.53M.
What is the long-term trend for Aehr Test Systems's services — revenue?
Over 4 years (2021 to 2025), Aehr Test Systems's services — revenue has grown at a 15.0% compound annual growth rate (CAGR), from $3.51M to $6.14M.
What does services — revenue mean?
This metric represents the total revenue recognized from service-related contracts, such as maintenance, technical support, and training, excluding any collected sales or value-added taxes. It serves as a key indicator of the company's ability to generate recurring income from its installed base of test systems. Growth in this area often signals increasing customer reliance on the company's long-term technical expertise and support infrastructure.

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