Here are the 10-K annual reports from Aehr Test Systems (AEHR) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow AEHR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AEHR filings page.
Aehr Test Systems reports on its fiscal year ended May 29, 2026 as a provider of semiconductor test and burn-in solutions for wafer-level, die-level and package-level devices used in AI, power electronics, silicon photonics, automotive and memory applications.
Net revenues from full wafer contact systems, WaferPak contactors and services were $31.5 million in 2026, about 63% of net revenues, while package level systems and services contributed $18.5 million, about 37%. Backlog was $80.6 million at May 29, 2026 compared with $15.2 million a year earlier; this backlog reflects confirmed orders scheduled to ship within 12 months.
The customer base remains concentrated: the five largest customers generated 70% of 2026 net revenues, with three customers at 26%, 14% and 11%. About 59% of sales were for delivery outside the United States. The company employed 138 people worldwide and highlights ESG initiatives focused on EV and power semiconductors, energy efficiency and employee development.