Aehr Test Systems

AEHR

Market cap $813M

It reported robust sales of an AI-focused product. That clutch of orders surpassed its Sonoma take for the entire previous quarter.

Aehr Test Systems, Inc. faces near-term revenue softness but is expanding into AI, photonics, and memory chip testing. Q2 2026 revenue fell 27% YoY to $9.9M, with margins pressured by lower consumables and ongoing R&D investment. Management expects second-half bookings of $60–80M, but much of this outlook depends on unconfirmed AI processor demand.

Aehr Test Systems is growing AI related orders at an impressive pace. The company's core market (driven by electric vehicle development) is likely to rebound at some point.

Aehr Test Systems reported disappointing Q2/FY2026 results, with sales missing consensus expectations by approximately 15% and gross margins declining to new multi-year lows. While the company continued to burn cash, Aehr used the ongoing AI hype to replenish its dwindling cash balances by selling shares at elevated prices into the open market. On the conference call, management disclosed a slew of operational setbacks and order delays. As a result, H2/FY2026 results are expected to fall well short of consensus expectations.

Aehr Test Systems, Inc. (AEHR) Q2 2026 Earnings Call Transcript

Aehr Test Systems (NASDAQ: AEHR) shares fell in Thursday's extended trading after the company released its second-quarter earnings report, missing revenue estimates.

FREMONT, CA / ACCESS Newswire / January 8, 2026 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in solutions, today announced that during its fiscal third quarter to date it has received orders from multiple customers totaling more than $5.5 million for its Sonoma™ ultra-high-power packaged-part burn-in (PPBI) systems. These orders are from a premier global Bay Area lab and leading-edge artificial intelligence (AI) companies for multiple next-generation Sonoma systems designed to support next-generation CPUs, GPUs, and high-performance networking processors used in AI, data center, and communications applications where each device can reach up to 2000W.

FREMONT, CA / ACCESS Newswire / January 8, 2026 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in solutions, today announced financial results for its second quarter of fiscal 2026 ended November 28, 2025. Fiscal Second Quarter Financial Results: Net revenue was $9.9 million, compared to $13.5 million in the second quarter of fiscal 2025.

FREMONT, CA / ACCESS Newswire / January 6, 2026 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in solutions, today announced that President and CEO Gayn Erickson and CFO Chris Siu will be presenting at the 28th Annual Needham Growth Conference in New York on Tuesday, January 13 at 1:30 pm ET (10:30 pm PT) and will be meeting with institutional investors throughout the day. You may register to access a live or replay video webcast of the presentation via a link posted to the investor relations section of Aehr's website at www.aehr.com or by clicking here.

FREMONT, CA / ACCESS Newswire / December 30, 2025 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in solutions, today announced that it will report financial results for its second quarter of fiscal 2026 ended November 28, 2025 on Thursday, January 8, 2026 following the close of the market. The Company will host a conference call and webcast at 5:00 p.m.