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Aehr Test Systems AEHR Debt-to-equity

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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
Current ratio10.3×+4.7×

Where this comes from

Calculated from Aehr Test Systems’s reported figures.

Based on the most recent quarter.

The source filing: Aehr Test Systems’s 10-K, filed July 27, 2026. Open the filing →

Filed
Jul 27, 2026, 4:18 PM EDT
Fiscal year
FY2026
Accession
0001654954-26-006919

FAQ

What is Aehr Test Systems's debt-to-equity?
Aehr Test Systems (AEHR) reported debt-to-equity of 0× in Q2 2026.
How has Aehr Test Systems's debt-to-equity changed year-over-year?
Aehr Test Systems's debt-to-equity decreased by 48.9% year-over-year, from 0.1× to 0×.
What is the long-term trend for Aehr Test Systems's debt-to-equity?
Over 5 years (2020 to 2025), Aehr Test Systems's debt-to-equity has grown at a -25.9% compound annual growth rate (CAGR), from 0.3× to 0.1×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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