AEHR AEHR TEST SYSTEMS

company

SEC Filings & Insider Trading Activity 2026

Risk Factors

• • Trade policy risk: U.S. tariffs under International Emergency Economic Powers Act invalidated Feb 2026, but other tariffs remain, raising costs and disrupting operations
• • Geopolitical exposure: 59% of net sales fiscal 2026 outside U.S.; tensions involving U.S., China, Taiwan risk sales, supply, and market access
• • Supply chain vulnerability: Sole-source suppliers for critical FOX system components risk delays; qualifying new suppliers could be lengthy
• • Competitive threat: FOX and Sonoma systems face competition from larger manufacturers and captive suppliers in Asia with greater resources
• • Customer concentration risk: Top 5 customers accounted for ~70% net sales fiscal 2026; loss or order deferral by key customers could materially hurt revenue

Business Overview

• • Core business: provider of test, burn-in, and stabilization systems for semiconductor wafers, die, and packages focusing on reliability and quality assurance
• • New emphasis on AI market with High Power FOX-XP system and Sonoma Ultra high-power package level burn-in acquired in fiscal 2025
• • Strategic shift: expanded package level offerings via Sonoma, Tahoe, Echo platforms acquired in fiscal 2025, diversifying beyond wafer-level test
• • Quantitative highlight: backlog increased to $80.6M as of May 29, 2026, from $15.2M the prior year, showing strong order growth
• • Noteworthy fact: EV and power semiconductor revenues declined to 17% of total in FY26 from 92% in FY24, signaling market mix shift

Management Discussion & Analysis

• • Revenue $50.0M, down 15.2% YoY from $58.97M, decline driven by $19.9M lower wafer-level contactor sales, partially offset by $10.4M increase in wafer-level burn-in systems
• • Gross margin 35.3% vs 40.6% prior year, decrease of 5.3 points due to higher assembly, warranty costs, freight, and tariffs
• • Best performing segment: wafer-level burn-in systems, +$10.4M in revenue; worst: wafer-level contactors, -$19.9M
• • Cash and equivalents $116.5M vs $26.5M prior year; operating cash flow negative $3.3M vs negative $7.4M; $97.4M net proceeds from ATM equity offering in fiscal 2026
• • Management expects return to profitability in fiscal 2027; key risk from continued softness in electric vehicle semiconductor demand and evolving trade/tariff policies impacting costs and margins

What are the latest AEHR SEC filings in 2026?

AEHR TEST SYSTEMS (AEHR) has filed a 10-K annual report on July 27, 2026, a 10-Q quarterly report on April 8, 2026, an 8-K current report on July 14, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did AEHR file its most recent 10-K annual report?

AEHR TEST SYSTEMS (AEHR) filed its most recent 10-K annual report on July 27, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view AEHR 10-Q quarterly reports?

AEHR TEST SYSTEMS (AEHR)'s most recent 10-Q quarterly report was filed on April 8, 2026. SignalX displays every AEHR 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has AEHR filed recently?

AEHR TEST SYSTEMS (AEHR)'s most recent 8-K was filed on July 14, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find AEHR insider trading activity (Form 4)?

SignalX aggregates every AEHR Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does AEHR file with the SEC?

AEHR TEST SYSTEMS (AEHR) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new AEHR filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for AEHR TEST SYSTEMS (AEHR).

What is AEHR's SEC CIK number?

AEHR TEST SYSTEMS (AEHR)'s SEC CIK (Central Index Key) number is 1040470. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1040470 to look up all AEHR filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find AEHR return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from AEHR TEST SYSTEMS (AEHR) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.