Aehr Test Systems
Aehr Test Systems Reports Fiscal 2026 First Quarter Financial Results
Summary
Aehr Test Systems reported a net loss of $2.1 million for the first quarter of fiscal 2026, with net revenue of $11.0 million, compared to net income of $0.7 million and revenue of $13.1 million in the same period last year. The company's GAAP net loss per diluted share was $(0.07), and non-GAAP net income was $0.2 million, or $0.01 per diluted share. Bookings for the quarter were $11.4 million, and backlog as of August 29, 2025, was $15.5 million. The financial results include impacts from stock-based compensation, acquisition-related adjustments, and restructuring charges.
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About Aehr Test Systems
Aehr Test Systems is a leader in the design, manufacture, and sale of test and burn-in equipment for semiconductor devices. Instrumental in ensuring the reliability of semiconductor chips, which are critical components in an array of industries, Aehr Test Systems specializes in developing systems tailored for semiconductor production validation. The company's equipment supports key functions, such as reducing the time and cost required to test chips, particularly for high-volume applications. Aehr Test Systems primarily serves the electronics and semiconductor sectors, providing solutions that are vital for manufacturers seeking efficient quality assurance processes for integrated circuits. Its products are integral in the production of devices for consumer electronics, telecommunications, automotive, and data storage markets. The company, established in 1977 and headquartered in Fremont, California, is recognized for its contributions to minimizing risks associated with semiconductor failures and enhancing production throughput. With a keen focus on innovation and scalability, Aehr Test Systems holds a crucial role in supporting the modern semiconductor industry's evolving needs.
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