AEHR TEST SYSTEMS
For the period ended May 30, 2025. Filed Jul 28, 2025.
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FY2025 · Filed Jul 28, 2025
AEHR$59.57-0.4%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations
| Year Ended | |||
|---|---|---|---|
| May 30, | May 31, | May 31, | |
| (In thousands, except per share data) | 2025 | 2024 | 2023 |
| Revenue | $58,968 | $66,218 | $64,961 |
| Cost of revenue | 35,035 | 33,675 | 32,215 |
| Gross profit | 23,933 | 32,543 | 32,746 |
| Operating expenses: | |||
| Research and development | 10,463 | 8,719 | 7,134 |
| Selling, general and administrative | 18,283 | 13,746 | 12,237 |
| Restructuring charges | 864 | - | - |
| Total operating expenses | 29,610 | 22,465 | 19,371 |
| Income (loss) from operations | (5,677) | 10,078 | 13,375 |
| Interest income, net | 1,401 | 2,388 | 1,245 |
| Other expense, net | (15) | (8) | (3) |
| Income (loss) before income tax expense (benefit) | (4,291) | 12,458 | 14,617 |
| Income tax expense (benefit) | (381) | (20,698) | 60 |
| Net income (loss) | $(3,910) | $33,156 | $14,557 |
| Net income (loss) per share: | |||
| Basic | $(0.13) | $1.15 | $0.52 |
| Diluted | $(0.13) | $1.12 | $0.50 |
| Shares used in per share calculations: | |||
| Basic | 29,581 | 28,818 | 27,785 |
| Diluted | 29,581 | 29,617 | 29,215 |
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