Export financials
Aehr Test Systems (AEHR)
The export includes the complete available history of financial statements and ratios. Numbers are provided in full, without million or billion abbreviations, in their original reporting units.
CSV downloads as a ZIP archive with one file for each report and frequency.

Aehr Test Systems Income Statement 2026-2009 | AEHR
Brief overview of financial performance at Aehr Test Systems
The figures are compared over a five-year interval. According to figures from Aehr Test Systems, revenue changed from $1.7 million to $59 million over five years. Overall revenue changed by +3403.7%, equal to an annualized rate of about 103.7%. This pace points to rapid expansion of the business.
The five-year change in gross profit reached +6248.3%: from 377 thousand dollars to 23.9 million dollars. Revenue outpaced cost of revenue, allowing more sales to flow into gross profit. The gross margin was 22.4% at the start and 40.6% at the end. The business retained more gross profit from each unit of revenue.
EBITDA was −$2.4 million at the beginning and −$3.4 million at the end of the period (−41.3%). Changes in revenue did not translate into comparable EBITDA performance. EBITDA margin was −141.5% at the start and −5.7% at the end. The business generated more EBITDA from each unit of revenue.
The net financial result changed from −$2 million to −$3.9 million. Profitability deteriorated further over the five years.
The five-year change in capitalization reached +1251.6%: from $45.8 million to $619 million. The valuation did not keep pace with the reported progress.
Overall conclusion
The figures do not all move in the same direction. The strongest signals are better sales economics, higher operating efficiency and sales growth. The weaker side of the profile includes a narrow EBITDA buffer and a weaker final result. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement Aehr Test Systems
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
2.87 B | 619 M | 538 M | 1.24 B | 390 M | 299 M | 52.4 M | 36.9 M | 51.1 M | 61 M | 20.7 M | 27.5 M | 23.4 M | 13.1 M | 11 M | 11.8 M | 19.6 M | - |
Shares |
30.7 M | 29.6 M | 28.8 M | 27.8 M | 26 M | 23.5 M | 22.9 M | 22.4 M | 21.7 M | 16.3 M | 13.1 M | 12 M | 10.9 M | 9.55 M | 9.02 M | 8.78 M | 8.56 M | - |
Historical Prices |
93.6 | 20.9 | 18.7 | 44.6 | 15 | 12.8 | 2.29 | 2.05 | 1.25 | 2.6 | 2.36 | 1.48 | 2.66 | 2.51 | 0.89 | 0.75 | 2.29 | 1.01 |
Net Income |
-7.13 M | -3.91 M | 33.2 M | 14.6 M | 9.45 M | -2.03 M | -1.97 M | -5.24 M | 528 K | -5.65 M | -6.78 M | -6.65 M | 422 K | -3.42 M | -3.39 M | -3.37 M | -481 K | - |
Revenue |
50 M | 59 M | 66.2 M | 65 M | 50.8 M | 16.6 M | 1.68 M | 21.1 M | 29.6 M | 18.9 M | 14.5 M | 10 M | 19.7 M | 16.5 M | 15.5 M | 13.7 M | 11.7 M | - |
Cost of Revenue |
32.4 M | 35 M | 33.7 M | 32.2 M | 27.2 M | 10.6 M | 13.9 M | 13.5 M | 17.2 M | 12.1 M | 9.36 M | 6.18 M | 9.46 M | 9.71 M | 9.31 M | 8.22 M | 5.57 M | - |
Gross Profit |
17.7 M | 23.9 M | 32.5 M | 32.7 M | 23.7 M | 6.03 M | 377 K | 7.6 M | 12.4 M | 6.78 M | 5.14 M | 3.84 M | 10.2 M | 6.78 M | 6.21 M | 5.51 M | 6.1 M | - |
Operating Income |
-14.1 M | -5.68 M | 10.1 M | 13.4 M | 7.8 M | -4.18 M | -2.76 M | -5 M | 915 K | -4.93 M | -6.15 M | -6.69 M | 497 K | -3.31 M | -4.51 M | -4.19 M | -756 K | - |
Interest Expense |
1.05 M | -15 K | -8 K | -3 K | 30 K | -162 K | -11 K | 252 K | 399 K | 678 K | 605 K | 130 K | 26 K | 49 K | 4 K | - | - | - |
EBITDA |
-11.4 M | -3.36 M | 10.7 M | 13.8 M | 8.16 M | -3.85 M | -2.38 M | -3.84 M | 1.33 M | -4.66 M | -5.77 M | -6.56 M | 638 K | -2.98 M | -4.02 M | -3.61 M | -66 K | - |
Operating Expenses |
31.8 M | 29.6 M | 22.5 M | 19.4 M | 15.9 M | 10.2 M | 11.1 M | 11.9 M | 11.5 M | 11.7 M | 11.3 M | 10.5 M | 9.72 M | 10.1 M | 10.7 M | 9.7 M | 6.86 M | - |
General and Administrative Expenses |
19.2 M | 18.3 M | 13.7 M | 12.2 M | 10 M | 6.56 M | 7.53 M | 7.72 M | 7.29 M | 7.05 M | 6.98 M | 6.47 M | 6.32 M | 6.87 M | 6.53 M | 5.96 M | 6.09 M | - |
Annual performance
Select metrics to display
All numbers in USD currency
Quarterly Income Statement Aehr Test Systems
| 2027-Q1 | 2026-Q4 | 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
32.6 M | 404 K | 30.7 M | 30.2 M | 29.9 M | 81 K | 29.7 M | 29.7 M | 29.1 M | 45 K | 28.9 M | 28.8 M | 28.6 M | 28.8 M | 27.9 M | 27.6 M | 27.2 M | 27.6 K | 27.2 M | 27.1 M | 26.9 M | 67 K | 23.5 M | 23.4 M | 24 M | 22.9 M | 22.9 M | 22.8 M | 22.7 M | 22.8 K | 22.7 K | 22.8 K | 22.7 K | 101 | 21.8 M | 21.6 M | 21.4 M | -46 M | 16.7 M | 16 M | 13.3 M | -26.1 M | 13.2 M | 13 M | 13 M | -23.7 M | 12.7 M | 11.7 M | 11.4 M | 11.7 K | 11.4 K | 11.7 K | 11.4 K | -27.8 M | 9.36 M | 9.3 M | 9.17 M | -27 M | 9.06 M | 8.98 M | 8.93 M | 8.98 M | 8.93 M | 8.98 K | 8.93 K |
Net Income |
7.18 M | 1.39 M | -3.2 M | -3.23 M | -2.08 M | -2.9 M | -643 K | -1.03 M | 660 K | 23.9 M | -1.47 M | 6.09 M | -4.67 M | 6.09 M | 4.13 M | 3.72 M | 589 K | 3.72 M | 589 K | 4.31 M | 2.24 M | 567 K | -735 K | -1.97 M | 696 K | -2.88 M | 245 K | 251 K | -413 K | 110 K | -413 K | 251 K | -413 K | 191 K | 267 K | 60 K | 10 K | -795 K | -2.65 M | -1.45 M | -755 K | -3.06 M | -2.98 M | -1.05 M | 294 K | -1.9 M | -1.73 M | -2.11 M | -907 K | 239 K | -907 K | -2.11 M | -907 K | -854 K | -1.46 M | -811 K | -296 K | -779 K | -1.36 M | -1.37 M | 124 K | -1.37 M | 124 K | -1.37 M | 124 K |
Revenue |
33 M | 18.8 M | 10.3 M | 9.88 M | 11 M | 14.1 M | 18.3 M | 13.5 M | 13.1 M | 16.6 M | 7.56 M | 21.4 M | 20.6 M | 21.4 M | 17.2 M | 14.8 M | 10.7 M | 14.8 M | 10.7 M | 25.5 M | 15.3 M | 7.64 M | 5.27 M | 1.68 M | 5.65 M | 3.77 M | 6.11 M | 6.87 M | 5.53 M | 7.24 M | 5.53 M | 6.87 M | 5.53 M | 7.27 M | 7.39 M | 7.92 M | 6.97 M | 6.68 M | 2.68 M | 4.22 M | 5.32 M | 1.57 M | 1.68 M | 4.62 M | 6.63 M | 1.82 M | 2.03 M | 2.62 M | 3.56 M | 5.37 M | 3.56 M | 2.62 M | 3.56 M | 3.26 M | 3.34 M | 5.05 M | 4.83 M | 4.68 M | 2.86 M | 3.86 M | 4.13 M | 3.86 M | 4.13 M | 3.86 M | 4.13 M |
Cost of Revenue |
17.3 M | 10.8 M | 6.94 M | 7.34 M | 7.25 M | 9.82 M | 11.1 M | 8.05 M | 6.04 M | 8.15 M | 4.41 M | 10.5 M | 10.6 M | 10.5 M | 8.33 M | 6.9 M | 6.19 M | 6.9 M | 6.19 M | 13.1 M | 8.89 M | 4.1 M | 3.37 M | 1.31 M | 3.36 M | 3.87 M | 3.12 M | 3.67 M | 3.26 M | 3.67 M | 3.26 M | 3.67 M | 3.26 M | 4.11 M | 4.22 M | 4.79 M | 4.05 M | 4.08 M | 2.18 M | 2.75 M | 3.11 M | 1.67 M | 1.51 M | 2.93 M | 3.25 M | 1.14 M | 1.18 M | 1.92 M | 1.95 M | 1.92 M | 1.95 M | 1.92 M | 1.95 M | 1.97 M | 2.58 M | 2.79 M | 2.38 M | 2.51 M | 1.75 M | 2.73 M | 2.33 M | 2.73 M | 2.33 M | 2.73 M | 2.33 M |
Gross Profit |
15.7 M | 8.02 M | 3.37 M | 2.54 M | 3.72 M | 4.27 M | 7.18 M | 5.4 M | 7.08 M | 8.45 M | 3.16 M | 11 M | 9.98 M | 11 M | 8.88 M | 7.91 M | 4.48 M | 7.91 M | 4.48 M | 12.4 M | 6.4 M | 3.53 M | 1.89 M | 377 K | 2.28 M | -93 K | 2.99 M | 3.2 M | 2.27 M | 3.38 M | 2.27 M | 3.2 M | 2.27 M | 3.16 M | 3.18 M | 3.13 M | 2.92 M | 2.61 M | 503 K | 1.46 M | 2.21 M | -98 K | 169 K | 1.69 M | 3.38 M | 682 K | 852 K | 694 K | 1.61 M | 2.91 M | 1.61 M | 694 K | 1.61 M | 1.29 M | 765 K | 2.26 M | 2.46 M | 2.17 M | 1.11 M | 1.13 M | 1.8 M | 1.13 M | 1.8 M | 1.13 M | 1.8 M |
Operating Income |
6.05 M | -1.21 M | -4.23 M | -4.65 M | -4.07 M | -3.2 M | -1.12 M | -1.51 M | 159 K | 2.54 M | -2.05 M | 5.47 M | 4.12 M | 5.47 M | 3.79 M | 3.48 M | 458 K | 3.48 M | 458 K | 3.94 M | 2.26 M | 601 K | -652 K | -1.94 M | -993 K | -2.84 M | 255 K | 250 K | -429 K | 250 K | -429 K | 250 K | -429 K | 249 K | 307 K | 187 K | 172 K | -606 K | -2.47 M | -1.28 M | -570 K | -2.87 M | -2.82 M | -945 K | 476 K | -1.81 M | -1.76 M | -2.15 M | -973 K | -2.15 M | -973 K | -2.15 M | -973 K | -846 K | -1.43 M | -767 K | -263 K | -837 K | -1.35 M | -1.44 M | -881 K | -1.44 M | -881 K | -1.44 M | -881 K |
Interest Expense |
899 K | 748 K | 240 K | 194 K | 179 K | 222 K | 270 K | 228 K | 681 K | 592 K | 584 K | 631 K | 581 K | 10 K | 374 K | 263 K | 121 K | -5 K | 24 K | 19 K | 10 K | -11 K | -10 K | 12 K | -9 K | -17 K | 13 K | 2 K | 12 K | -2 K | -12 K | -14 K | 76 K | -299 K | -33 K | -7 K | -60 K | -59 K | -2 K | 43 K | -3 K | -23 K | -24 K | 55 K | -24 K | 10 K | 110 K | 60 K | 31 K | 8 K | 14 K | 8 K | 14 K | 10 K | -9 K | -15 K | -19 K | 64 K | 7 K | 58 K | -12 K | - | - | 58 K | -12 K |
EBITDA |
6.35 M | -906 K | -3.93 M | -4.35 M | -3.77 M | -2.9 M | -719 K | -1.21 M | 259 K | 2.74 M | -1.85 M | 5.57 M | 4.25 M | 5.57 M | 3.9 M | 3.61 M | 562 K | 3.48 M | 562 K | 4.13 M | 2.26 M | 672 K | -578 K | -1.85 M | -920 K | -2.76 M | 360 K | 348 K | -334 K | 250 K | -334 K | 443 K | -334 K | 366 K | 417 K | 288 K | 261 K | -530 K | -2.4 M | -1.22 M | -502 K | -2.79 M | -2.77 M | -909 K | 513 K | -1.77 M | -1.73 M | -2.12 M | -944 K | -2.15 M | -944 K | -2.09 M | -944 K | -771 K | -1.35 M | -683 K | -177 K | -734 K | -1.23 M | -1.31 M | -744 K | -1.44 M | -744 K | -1.17 M | -744 K |
Operating Expenses |
9.62 M | 9.22 M | 7.6 M | 7.19 M | 7.78 M | 7.48 M | 8.3 M | 6.91 M | 6.92 M | 5.91 M | 5.2 M | 5.49 M | 5.87 M | 5.49 M | 5.08 M | 4.43 M | 4.02 M | 4.43 M | 4.02 M | 8.45 M | 4.14 M | 2.93 M | 2.55 M | 2.32 M | 3.27 M | 2.75 M | 2.74 M | 2.95 M | 2.7 M | 2.95 M | 2.7 M | 2.95 M | 2.7 M | 2.91 M | 2.87 M | 2.94 M | 2.75 M | 3.21 M | 2.97 M | 2.75 M | 2.78 M | 2.77 M | 2.99 M | 2.64 M | 2.91 M | 2.49 M | 2.62 M | 2.84 M | 2.58 M | 2.84 M | 2.58 M | 2.84 M | 2.58 M | 2.14 M | 2.2 M | 3.03 M | 2.72 M | 3.01 M | 2.46 M | 2.57 M | 2.68 M | 2.57 M | 2.68 M | 2.57 M | 2.68 M |
General and Administrative Expenses |
5.47 M | 5.58 M | 4.43 M | 4.43 M | 4.72 M | 3.93 M | 5.16 M | 4.64 M | 4.56 M | 3.76 M | 3.06 M | 3.52 M | 3.41 M | 3.52 M | 3.25 M | 2.88 M | 2.52 M | 2.88 M | 2.52 M | 5.4 M | 2.61 M | 1.9 M | 1.64 M | 1.5 M | 1.95 M | 1.67 M | 1.89 M | 2.16 M | 1.81 M | 2.16 M | 1.81 M | 2.16 M | 1.81 M | 1.82 M | 1.83 M | 1.85 M | 1.79 M | 1.9 M | 1.72 M | 1.71 M | 1.72 M | 1.72 M | 1.7 M | 1.71 M | 1.84 M | 1.53 M | 1.58 M | 1.74 M | 1.62 M | 1.74 M | 1.62 M | 1.74 M | 1.62 M | 1.5 M | 1.51 M | 2.07 M | 1.79 M | 1.87 M | 1.52 M | 1.53 M | 1.6 M | 1.53 M | 1.6 M | 1.53 M | 1.6 M |
Quarterly performance
Select metrics to display
All numbers in USD currency
The income statement is one of the three key financial reports of a company Aehr Test Systems (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.