Aehr Test Systems (AEHR) Stock

About Aehr Test Systems

Aehr Test Systems (AEHR) stock trades at $55.31 with a market capitalization of $1.81B. The stock is valued at a negative price-to-earnings (P/E) ratio of -466.13, reflecting a net loss over the last twelve months, price-to-book of 14.98, price-to-sales of 68.69. Over the past 52 weeks the stock has ranged between $18.70 and $147.40, and currently trades 62.5% below its 52-week high.

On profitability, Aehr Test Systems generates a return on equity (ROE) of -4.66% (negative, reflecting a net loss), return on capital employed of -6.19%, an operating margin of -6.78%, a net profit margin of -14.00%.

Aehr Test Systems by the numbers, 2017–2026

Between 2017 and 2026 Aehr Test Systems reported revenue of $19.0M rising to $50.0M, a change of +163.2% across 10 years. Compounded, revenue has grown 24.1% a year over five years, -8.4% over three, -15.3% over the last twelve months. Net profit fell to $-7.0M.

Operating margin went from -26.1% in 2017 to -28.3% in 2026, a fall of 2.2 percentage points. The most recent net margin is -14.00%. On a trailing twelve-month basis to Jun '26, revenue is $51.0M and net profit $-7.0M.

Borrowings rose from $6.0M to $10.0M, cash from operations was $-3.0M in the latest year, positive in 3 of the last 10.

Return on equity has averaged 12.1% over five years, and was -3.2% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Aehr Test Systems (AEHR) — frequently asked questions