AEHR TEST SYSTEMS
Financial highlights
| Metric | FY 05/29/26 | FY 05/30/25 | FY 05/31/24 | FY 05/31/23 | FY 05/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $50.0M | $59.0M | $66.2M | $65.0M | $50.8M |
| Cost of revenue | $32.4M | $35.0M | $33.7M | $32.2M | $27.2M |
| Gross profit | $17.7M | $23.9M | $32.5M | $32.7M | $23.7M |
| Selling, general & administrative | $19.2M | $18.3M | $13.7M | $12.2M | $10.0M |
| Research and development | $12.6M | $10.5M | $8.7M | $7.1M | $5.8M |
| Operating expenses | $31.8M | $29.6M | $22.5M | $19.4M | $15.9M |
| Operating income | -$14.1M | -$5.7M | $10.1M | $13.4M | $7.8M |
| Pretax income | -$11.7M | -$4.3M | $12.5M | $14.6M | $9.5M |
| Income tax expense | -$4.6M | -$381,000 | -$20.7M | $60,000 | $91,000 |
| Net income | -$7.1M | -$3.9M | $33.2M | $14.6M | $9.4M |
| Balance Sheet | |||||
| Cash and equivalents | $116.4M | $24.5M | $49.2M | $30.1M | $31.5M |
| Current assets | $184.4M | $88.8M | $97.8M | $89.0M | $60.0M |
| Total assets | $246.7M | $148.5M | $127.9M | $98.1M | $62.3M |
| Current liabilities | $17.9M | $15.6M | $10.5M | $16.3M | $11.0M |
| Total liabilities | $27.2M | $25.6M | $16.3M | $22.5M | $11.3M |
| Stockholders' equity | $219.5M | $122.9M | $111.6M | $75.6M | $51.0M |
| Cash Flow Statement | |||||
| Cash from operations | -$3.3M | -$7.4M | $1.8M | $10.0M | $1.5M |
| Depreciation and amortization | $1.5M | $1.0M | $700,000 | $500,000 | $400,000 |
| Stock-based compensation | $6.8M | $5.2M | $2.5M | $2.7M | $3.0M |
| Capital expenditure | $2.1M | $5.0M | $749,000 | $1.4M | $416,000 |
| Free cash flow | -$5.4M | -$12.4M | $1.0M | $8.6M | $1.1M |
| Impairments | $0 | $584,000 | $0 | $0 | — |
Shares outstanding 31.5M · Free float 92.0%
Annual filing data through FY ended May 29, 2026; float as of August 20, 2026.