AEHR TEST SYSTEMS (AEHR) closed fiscal year 2026 with a gross margin of 35.3 % and a net margin of -14.3 %.
AEHR TEST SYSTEMS (AEHR) closed fiscal year 2026 with a gross margin of 35.3 % and a net margin of -14.3 %. The same year shows an EBITDA margin of -22.7 % and an EBIT margin of -28.3 %. The free cash flow margin was -10.8 %. Against the previous year the gross margin moved −5.3 pp and the net margin −7.6 pp. Across the period the gross margin ranges between 35.3 % in 2026 and 52.3 % in 2010. The series covers 17 fiscal years, from 2010 to 2026. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 52.28 % | 40.13 % | 39.99 % | 41.10 % | 51.93 % | 38.31 % | 35.48 % | 35.88 % | 41.91 % | 36.10 % | 37.55 % | 36.34 % | 46.56 % | 50.41 % | 49.15 % | 40.59 % | 35.30 % |
| EBITDA margin (%) | -0.57 % | -26.31 % | -25.87 % | -18.10 % | 3.24 % | -65.47 % | -41.04 % | -24.65 % | 4.51 % | -21.70 % | -10.68 % | -23.22 % | 16.05 % | 21.28 % | 16.21 % | -5.71 % | -22.70 % |
| EBIT margin (%) | -6.48 % | -30.48 % | -29.04 % | -20.06 % | 2.52 % | -66.82 % | -42.44 % | -26.08 % | 3.10 % | -23.75 % | -12.40 % | -25.19 % | 15.35 % | 20.59 % | 15.22 % | -9.63 % | -28.30 % |
| Net margin (%) | -4.12 % | -24.67 % | -21.84 % | -20.74 % | 2.14 % | -66.35 % | -46.79 % | -29.91 % | 1.79 % | -24.86 % | -12.57 % | -12.21 % | 18.59 % | 22.41 % | 50.07 % | -6.63 % | -14.25 % |
| FCF margin (%) | 27.22 % | -30.26 % | -31.70 % | -2.65 % | -4.81 % | -23.70 % | -49.65 % | -26.31 % | -6.51 % | -27.59 % | -9.81 % | -17.64 % | 2.15 % | 13.31 % | 1.52 % | -21.01 % | -10.75 % |
