What is Aehr Test Systems's R&D?

Aehr Test Systems (AEHR) reported R&D of $3.17M in Q1 2026.

How has Aehr Test Systems's R&D changed year-over-year?

Aehr Test Systems's R&D increased by 0.9% year-over-year, from $3.14M to $3.17M.

What is the long-term trend for Aehr Test Systems's R&D?

Over 4 years (2021 to 2025), Aehr Test Systems's R&D has grown at a 30.1% compound annual growth rate (CAGR), from $3.65M to $10.46M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Aehr Test Systems AEHR R&D

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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$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$3.63B+424%

Enterprise value$3.6B+478%

P/S71.2×+62.2×

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 / equity0.1×0.0×

Current ratio11×+5.3×

Where this comes from

Reported directly by Aehr Test Systems in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 R&D?: Aehr Test Systems (AEHR) reported R&D of $3.17M in Q1 2026.
How has Aehr Test Systems's R&D changed year-over-year?: Aehr Test Systems's R&D increased by 0.9% year-over-year, from $3.14M to $3.17M.
What is the long-term trend for Aehr Test Systems's R&D?: Over 4 years (2021 to 2025), Aehr Test Systems's R&D has grown at a 30.1% compound annual growth rate (CAGR), from $3.65M to $10.46M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.