Aehr Test Systems Quarterly Income Statement
NASDAQ: AEHRIndustrialsElectrical ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Aehr Test Systems revenue and earnings
In the quarter ended May 29, 2026, Aehr Test Systems generated $18.8 million in revenue, up 33.7% from the same quarter a year earlier. Net income was $1.4 million, for a net margin of 7.4% versus a median of -20.6% in the prior 5 quarters. Gross margin was 42.6% (up from 30.3%) and operating margin -6.4%.
Diluted earnings per share came in at $0.05.
Summary generated from market data by MetaCap's automated system. Methodology
Aehr Test Systems income statement (quarterly)
| Quarter (USD) | Q4 20262026-05-29 | Q3 20262026-02-27 | Q2 20262025-11-28 | Q1 20262025-08-29 | Q4 20252025-05-30 | Q3 20252025-02-28 | Q2 20252024-11-29 | Q1 20252024-08-31 | Q1 20252024-08-30 | Q4 20242024-05-31 | Q3 20242024-02-29 | Q3 20242024-02-28 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.84M | 10.31M | 9.88M | 10.97M | 14.09M | 18.31M | 13.45M | — | 13.12M | 16.60M | 7.56M | — |
| Revenue growth (YoY) | +33.69% | -43.67% | -26.53% | — | +7.39% | +10.28% | +77.88% | — | -38.78% | -19.51% | -63.33% | — |
| Cost of Revenue | 10.82M | 6.95M | 7.34M | 7.25M | 9.82M | 11.12M | 8.05M | — | 6.04M | 8.15M | 4.41M | — |
| Gross Profit | 8.02M | 3.37M | 2.54M | 3.72M | 4.27M | 7.18M | 5.40M | — | 7.08M | 8.45M | 3.16M | — |
| Operating Expenses | 9.22M | 7.60M | 7.19M | 7.79M | 7.48M | 8.30M | 6.91M | — | 6.92M | 5.91M | 5.20M | — |
| Research & Development | 3.65M | 3.17M | 2.97M | 2.85M | 2.69M | 3.14M | 2.28M | — | 2.36M | 2.15M | 2.14M | — |
| Selling, General & Admin | 5.58M | 4.43M | 4.43M | 4.72M | 3.93M | 5.16M | 4.64M | — | 4.56M | 3.76M | 3.06M | — |
| Operating Income | -1.21M | -4.23M | -4.65M | -4.07M | -3.20M | -1.12M | -1.51M | — | 159.00K | 2.54M | -2.05M | — |
| Other Income (Expense) | 3.00K | -12.00K | 10.00K | 1.05M | -4.00K | -25.00K | 40.00K | — | -26.00K | -10.00K | -2.00K | — |
| Pretax Income | -455.00K | -4.00M | -4.44M | -2.84M | -2.99M | -874.00K | -1.25M | — | 814.00K | 3.12M | -1.46M | — |
| Income Tax | -1.85M | -798.00K | -1.21M | -752.00K | -87.00K | -231.00K | -217.00K | — | 154.00K | -20.74M | 7.00K | — |
| Net Income | 1.39M | -3.20M | -3.23M | -2.08M | -2.90M | -643.00K | -1.03M | 660.00K | 660.00K | 23.86M | -1.47M | -1.47M |
| Net Income growth (YoY) | — | — | — | -415.76% | -539.24% | -102.69% | — | — | -89.16% | +410.57% | — | -124.07% |
| EPS (Basic) | 0.05 | -0.10 | -0.11 | -0.07 | — | -0.02 | -0.03 | 0.02 | 0.02 | 0.83 | -0.05 | — |
| EPS (Diluted) | 0.05 | -0.10 | -0.11 | -0.07 | — | -0.02 | -0.03 | 0.02 | 0.02 | 0.81 | -0.05 | — |
| Shares Outstanding (Basic) | — | 30.70M | 30.18M | 29.92M | — | 29.73M | 29.66M | 29.11M | 29.11M | — | 28.87M | — |
| Shares Outstanding (Diluted) | — | 30.70M | 30.18M | 29.92M | — | 29.73M | 29.66M | 29.63M | 29.63M | — | 28.87M | — |
| EBITDA | -517.00K | -3.55M | -3.96M | -3.32M | -2.46M | -499.00K | -907.00K | — | 506.00K | 2.73M | -1.86M | — |
| Gross Margin | 42.57% | 32.66% | 25.75% | 33.90% | 30.32% | 39.24% | 40.14% | — | 53.95% | 50.89% | 41.73% | — |
| Operating Margin | -6.40% | -41.01% | -47.03% | -37.07% | -22.74% | -6.11% | -11.25% | — | 121.00% | 15.31% | -27.05% | — |
| Net Margin | 7.39% | -31.06% | -32.68% | -19.00% | -20.58% | -3.51% | -7.64% | — | 5.03% | 143.76% | -19.45% | — |
This table shows 12 quarterly periods of Aehr Test Systems's income statement, from Q4 2026 back to Q3 2024, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AEHR's reporting calendar. What is a income statement?