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Aehr Test Systems
Aehr Test Systems (AEHR) investor relations material
Aehr Test Systems Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary6 Nov, 2026
Executive summary
AI-driven demand lifted quarterly revenue 201% YoY to $33.0M; net income was $7.2M versus a $2.1M loss a year earlier.
Higher volume and a more favorable product mix raised gross margin to 47.5% from 33.9%.
Financial highlights
Revenue was $33.0M, up $22.0M YoY; system and contactor shipments drove the increase, including a $10.9M increase in package-level burn-in systems.
Operating income was $6.0M versus an operating loss of $4.1M; net income was $7.2M versus a net loss of $2.1M.
Cash, cash equivalents and restricted cash were $105.1M at quarter-end, down from $112.5M at June 26, 2026.
Outlook and guidance
Existing cash resources and anticipated operating funds are expected to meet operating, capital expenditure and other obligations for the next 12 months.
Inventory purchases were made in anticipation of higher customer demand; timing and volume of shipments remain factors in results and cash flows.
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Latest events from Aehr Test Systems
- Record $33.0m Q1 revenue and expanding AI demand lifted FY2027 guidance to $150m.AEHR
Q1 2027 - 2026 meeting covers director elections, auditor ratification, and executive pay, with robust governance.AEHRProxy filing
- Record bookings and AI-driven demand support 160%-200% revenue growth for fiscal 2027.AEHRQ4 2026
- Wafer-level burn-in adoption accelerates in AI and data center markets, driving growth and innovation.AEHR46th Annual William Blair Growth Stock Conference
- Proprietary wafer-level test systems drive growth in AI, photonics, and power semiconductor markets.AEHRCorporate presentation
- Record bookings and backlog contrast with a sharp Q3 revenue decline and rising cash reserves.AEHRQ3 2026
- Wafer-level burn-in and automation drive growth in AI, memory, and photonics markets.AEHR28th Annual Needham Growth Conference Virtual
- Q1 revenue dropped 36% YoY, but gross margin rose to 54.7% and FY25 guidance was reaffirmed.AEHRQ1 2025
- Q3 revenue up 142% year-over-year, led by AI and new markets, with guidance withdrawn amid tariff uncertainty.AEHRQ3 2025
Next Aehr Test Systems earnings date
Q2 20273 Feb, 2027
Aehr Test Systems
Next Aehr Test Systems earnings date
Q2 20273 Feb, 2027
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Frequently asked questions
Aehr Test Systems is a provider of test and burn-in equipment used in the semiconductor industry. The company’s systems are used for testing logic, memory, and photonics devices under high-stress conditions to ensure reliability. It serves semiconductor manufacturers involved in automotive, mobile, and data center applications. Aehr Test Systems is headquartered in Fremont, California, and its shares are listed on the NASDAQ.