StockWatch
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Electrical Products
Quarterly ResultJul 27, 2026, 04:23 PM

Aehr Test Systems FY26 Revenue $50.0M; Backlog Jumps to $80.6M

AI Summary

Aehr Test Systems filed its 10-K for the fiscal year ended May 29, 2026, reporting total net revenues of $50.0 million. While revenues for fiscal 2026 decreased compared to prior years, the company's backlog significantly increased to $80.6 million from $15.2 million in the previous fiscal year. The company continues to focus on test solutions for AI, SiC/GaN power semiconductors, and silicon photonics, and has expanded its manufacturing capacity for Sonoma systems.

Key Highlights

  • Fiscal 2026 total net revenues were $50.0M.
  • Full wafer contact product lines generated $31.5M in fiscal 2026.
  • Package level product lines generated $18.5M in fiscal 2026.
  • Backlog increased to $80.6M as of May 29, 2026.
  • Backlog was $15.2M as of May 30, 2025.
  • Revenues from top five customers were 70% of net revenues in fiscal 2026.
  • Company increased manufacturing capacity for Sonoma systems.
  • Holds 125 active patents and over 100 pending applications.