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AEHR TEST SYSTEMS (AEHR) Form 10-K — Jul 27, 2026

$AEHRForm 10-KFiled Jul 27, 2026, 4:18 PM ET0001654954-26-006919Original filing

Aehr Test Systems reported fiscal 2026 revenue of $50.0 million, a decrease of 15% compared to the prior year, resulting in a net loss of $7.1 million versus a net profit of $33.2 million in fiscal 2024. The decline was primarily driven by significantly lower shipments of wafer-level contactors due to continued softness in demand for electric vehicle power semiconductors, which offset growth in silicon photonics systems. Despite the revenue contraction, the company significantly strengthened its liquidity position, ending the year with $116.4 million in cash and equivalents. This increase was largely driven by $97.4 million in net proceeds from an ATM offering during the fiscal year.

Key figures

Revenue
50001000
Cash Position
116358000
Shares Outstanding
32620450
Backlog
80600000
Gross Margin
35.3%

Price after filing

1 day: -9.7%7 days: +18.4%30 days: +23.4%

Close on the filing date to close N calendar days later (from $77.48). Historical, not a forecast.

AI analysis

Red flags5 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.