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Aehr Test Systems AEHR Operating Lease Liabilities

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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$3.36B+543%
Enterprise value$3.26B+542%
P/S66×+57.6×

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:OperatingLeaseLiabilityNoncurrent.

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
Operating lease liabilities, short-term626909
Deferred revenue, short-term5,1921,981
Total current liabilities17,85515,638
Operating lease liabilities, long-term9,2569,921
Deferred revenue, long-term3436
Other long-term liabilities3842
Total liabilities27,18325,637
Commitments and contingencies (Note 9)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Aehr Test Systems's operating lease liabilities?
Aehr Test Systems (AEHR) reported operating lease liabilities of $9.26M in Q2 2026.
How has Aehr Test Systems's operating lease liabilities changed year-over-year?
Aehr Test Systems's operating lease liabilities decreased by 6.7% year-over-year, from $9.92M to $9.26M.
What is the long-term trend for Aehr Test Systems's operating lease liabilities?
Over 5 years (2020 to 2025), Aehr Test Systems's operating lease liabilities has grown at a 47.7% compound annual growth rate (CAGR), from $1.36M to $9.58M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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