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Aehr Test Systems AEHR Operating Income

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Other financials

Income statement

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Revenue$10.3M-43.7%
Gross profit$3.4M-53.1%
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:OperatingIncomeLoss.

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, except par value)Three Months Ended / February 27, 2026Three Months Ended / February 28, 2025Nine Months Ended / February 27, 2026Nine Months Ended / February 28, 2025
Selling, general and administrative4,4305,16213,58114,357
Restructuring charges--6-
Total operating expenses7,5978,30222,57522,134
Loss from operations(4,229)(1,119)(12,943)(2,473)
Interest income, net2402706131,179
Other income (expense), net(12)(25)1,049(11)
Loss before income tax benefit(4,001)(874)(11,281)(1,305)
Income tax benefit(798)(231)(2,764)(294)

Item 1. Financial Statements (unaudited)

FAQ

What is Aehr Test Systems's operating income?
Aehr Test Systems (AEHR) reported operating income of -$4.23M in Q1 2026.
How has Aehr Test Systems's operating income changed year-over-year?
Aehr Test Systems's operating income decreased by 277.9% year-over-year, from -$1.12M to -$4.23M.
What is the long-term trend for Aehr Test Systems's operating income?
Over 3 years (2021 to 2024), Aehr Test Systems's operating income has grown at a 34.1% compound annual growth rate (CAGR), from -$4.18M to $10.08M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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