Aehr Test Systems
Aehr Test Systems Reports Second Quarter Fiscal 2026 Financial Results and Reinstates Guidance
Summary
Aehr Test Systems reported a net revenue of $9.9 million for the second quarter of fiscal 2026, with a GAAP net loss of $3.2 million and a non-GAAP net loss of $1.3 million. The company reinstated its guidance for the second half of fiscal 2026, expecting revenue between $25 million and $30 million and a non-GAAP net loss per diluted share between $(0.09) and $(0.05). Cash, cash equivalents, and restricted cash increased to $31.0 million as of November 28, 2025.
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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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