Aehr Test Systems Q4 Revenue $18.8M; FY27 Guidance $130M-$150M
Aehr Test Systems reported strong financial results for its fiscal fourth quarter ended May 29, 2026, with net revenue increasing to $18.8 million and a swing to GAAP net income of $1.4 million. The company achieved record quarterly bookings of $60.7 million and an effective backlog of $100.6 million. Based on this momentum, Aehr provided robust fiscal year 2027 revenue guidance of $130 million to $150 million, indicating significant year-over-year growth of 160% to 200%, driven by increasing demand in AI, silicon photonics, and power semiconductors.
Key Highlights
- Q4 2026 net revenue increased to $18.8 million from $14.1 million in Q4 2025.
- Q4 2026 GAAP net income was $1.4 million ($0.04 diluted EPS) vs. GAAP net loss of $(2.9) million in Q4 2025.
- Q4 2026 non-GAAP net income was $3.6 million ($0.11 diluted EPS) vs. non-GAAP net loss of $(0.2) million in Q4 2025.
- Record quarterly bookings reached $60.7 million.
- Effective backlog stands at $100.6 million, providing substantial visibility.
- Fiscal Year 2027 revenue guidance is $130 million to $150 million, representing 160%-200% year-over-year growth.
- Fiscal Year 2027 non-GAAP net income is projected to be 18% to 22% of total revenue.
- Strong demand noted for AI processors, silicon photonics, and power semiconductors.
Price Impact
More from AEHR
Aehr Test Systems Completes $60M At-The-Market Equity Offering
AEHR Test Systems Establishes $60 Million At-The-Market Equity Offering
AEHR TEST SYSTEMS Reports Strong Balance Sheet with Cash and Equivalents Up 50.5% to $36.9M as of February 27, 2026