Aehr Test Systems (AEHR) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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AEHR Revenue Growth
Revenue Breakdown (FY 2024)
AEHR's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
AEHR Revenue Analysis (2014–2025)
As of May 6, 2026, Aehr Test Systems (AEHR) generated trailing twelve-month (TTM) revenue of $53.2 million, reflecting significant decline in growth of -26.5% year-over-year. The most recent quarter (Q2 2026) recorded $9.9 million in revenue, down 9.9% sequentially.
Looking at the longer-term picture, AEHR's 5-year compound annual growth rate (CAGR) stands at +21.5%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $66.2 million in 2024.
Revenue diversification analysis shows AEHR's business is primarily driven by Contactors (57%), Systems (36%), and Services (7%). With over half of revenue concentrated in Contactors, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including COHU (+23.1% YoY), ACLS (-17.6% YoY), and ONTO (-1.5% YoY), AEHR has underperformed the peer group in terms of revenue growth. Compare AEHR vs COHU →
AEHR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AEHRCurrent | $53M | -26.5% | +21.5% | -7.3% | |
 COHU | $453M | +23.1% | -6.6% | -13.3% | |
 ACLS | $839M | -17.6% | +12.1% | 14.2% | |
 ONTO | $1.0B | -1.5% | +12.6% | 13.2% | |
 ICHR | $948M | +7.5% | +0.7% | -4.1% | |
 FORM | $785M | +9.6% | +2.5% | 8.2% |
AEHR Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $59.0M | -10.9% | $23.9M | 40.6% | $-4,313,000 | -7.3% |
| 2024 | $66.2M | +1.9% | $32.5M | 49.1% | $10.1M | 15.2% |
| 2023 | $65.0M | +27.8% | $32.7M | 50.4% | $13.4M | 20.6% |
| 2022 | $50.8M | +206.2% | $23.7M | 46.6% | $7.8M | 15.3% |
| 2021 | $16.6M | -25.5% | $6.0M | 36.3% | $-4,182,000 | -25.2% |
| 2020 | $22.3M | +5.9% | $8.4M | 37.6% | $-2,545,000 | -11.4% |
| 2019 | $21.1M | -28.8% | $7.6M | 36.1% | $-4,275,000 | -20.3% |
| 2018 | $29.6M | +56.4% | $12.4M | 41.9% | $915K | 3.1% |
| 2017 | $18.9M | +30.3% | $6.8M | 35.9% | $-4,929,000 | -26.1% |
| 2016 | $14.5M | +44.7% | $5.1M | 35.5% | $-6,154,000 | -42.4% |
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Start ComparisonAEHR — Frequently Asked Questions
Quick answers to the most common questions about buying AEHR stock.
Is AEHR's revenue growth accelerating or slowing?
AEHR revenue declined -26.5% year-over-year, contrasting with the 5-year CAGR of +21.5%. TTM revenue fell to $53M. This reverses the prior growth trend.
What is AEHR's long-term revenue growth rate?
Aehr Test Systems's 5-year revenue CAGR of +21.5% reflects the variable expansion pattern. Current YoY growth of -26.5% is below this long-term average.
How is AEHR's revenue distributed by segment?
AEHR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.