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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:InventoryNet.

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

Filed
Jul 27, 2026, 4:18 PM EDT
Fiscal year
FY2026
Accession
0001654954-26-006919
(In thousands, except par value)May 29, 2026May 30, 2025
Current assets:
Cash and cash equivalents$116,358$24,529
Accounts receivable17,47314,191
Inventories41,35441,997
Prepaid expenses and other current assets9,2638,061
Total current assets184,44888,778
Property and equipment, net8,9408,969
Goodwill10,71910,719

Item 8. Financial Statements and Supplementary Data

FAQ

What is Aehr Test Systems's inventories?
Aehr Test Systems (AEHR) reported inventories of $41.35M in Q2 2026.
How has Aehr Test Systems's inventories changed year-over-year?
Aehr Test Systems's inventories decreased by 1.5% year-over-year, from $42M to $41.35M.
What is the long-term trend for Aehr Test Systems's inventories?
Over 5 years (2020 to 2025), Aehr Test Systems's inventories has grown at a 36.4% compound annual growth rate (CAGR), from $9.06M to $42.72M.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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