Financials in USD. Standardized financial statements.
A compact view of how Aehr Test Systems turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $58.97M | $66.22M | $64.96M | $50.83M | $16.60M | $22.29M | $21.06M | $29.55M | $18.90M | $14.50M |
| Revenue Growth? | -10.9% | +1.9% | +27.8% | +206.2% | -25.5% | +5.9% | -28.8% | +56.4% | +30.3% | 0.0% |
| Cost of Revenue? | $35.03M | $33.67M | $32.22M | $27.16M | $10.57M | $13.92M | $13.45M | $17.17M | $12.12M | $9.36M |
| Gross Profit? | $23.93M | $32.54M | $32.75M | $23.66M | $6.03M | $8.37M | $7.60M | $12.39M | $6.78M | $5.14M |
| Gross Margin? | +40.6% | +49.1% | +50.4% | +46.6% | +36.3% | +37.6% | +36.1% | +41.9% | +35.9% | +35.5% |
| Operating Expenses? | $28.25M | $22.46M | $19.37M | $15.87M | $10.21M | $10.92M | $11.88M | $11.47M | $11.71M | $11.30M |
| Operating Income? | -$4.31M | $10.08M | $13.38M | $7.80M | -$4.18M | -$2.54M | -$4.28M | $915,000 | -$4.93M | -$6.15M |
| EBITDA? | -$903,000 | $13.82M | $15.07M | $9.85M | -$1.85M | -$2.38M | -$4.53M | $1.27M | -$4.68M | -$5.97M |
| Income Before Tax | -$4.29M | $12.46M | $14.62M | $9.54M | -$2.20M | -$2.77M | -$5.21M | $455,000 | -$5.63M | -$6.78M |
| Income Tax Expense | -$381,000 | -$20.70M | $60,000 | $91,000 | -$177,000 | $36,000 | $27,000 | -$73,000 | $25,000 | $10,000 |
| Net Income? | -$3.91M | $33.16M | $14.56M | $9.45M | -$2.03M | -$2.80M | -$5.24M | $528,000 | -$5.65M | -$6.79M |
| EPS? | $-0.13 | $1.15 | $0.52 | $0.36 | $-0.09 | $-0.12 | $-0.23 | $0.02 | $-0.35 | $-0.52 |
| Diluted EPS? | $-0.13 | $1.12 | $0.50 | $0.34 | $-0.09 | $-0.12 | $-0.23 | $0.02 | $-0.35 | $-0.52 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality