What is Aehr Test Systems's construction in progress?

Aehr Test Systems (AEHR) reported construction in progress of $1.48M in Q1 2026.

How has Aehr Test Systems's construction in progress changed year-over-year?

Aehr Test Systems's construction in progress decreased by 64.3% year-over-year, from $4.16M to $1.48M.

What does construction in progress mean?

Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.

Aehr Test Systems AEHR Construction in progress

Construction in progress at other companies

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$24M-46.1%

Kulicke & Soffa IndustriesKLIC

$6.7M—

KLA CorporationKLAC

——

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$37.1M+18.2%

Total debt$10.0M+55.7%

Total equity$138.8M+11.7%

Total assets$157.0M+7.9%

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$3.22B+424%

Profitability

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Gross margin39.5%-8.0pp

Operating margin14.3%+0.7pp

Net margin44.2%+27.4pp

Returns & leverage

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Return on equity32.3%+20.3pp

Debt / equity0.1×0.0×

Current ratio11×+5.3×

Where this comes from

Reported directly by Aehr Test Systems in its filing.

Tagged under the XBRL concept us-gaap:ConstructionInProgressGross.

The official record: Aehr Test Systems’s 10-Q, filed April 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aehr Test Systems's construction in progress?: Aehr Test Systems (AEHR) reported construction in progress of $1.48M in Q1 2026.
How has Aehr Test Systems's construction in progress changed year-over-year?: Aehr Test Systems's construction in progress decreased by 64.3% year-over-year, from $4.16M to $1.48M.
What does construction in progress mean?: Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.