Aehr Test Systems (AEHR) Gross Margin (2010 - 2026)
Aehr Test Systems' (AEHR) quarterly Gross Margin came in at 42.57% in Q2 2026, up 1225.0% on a YoY basis from 3.21% in Q2 2025, and up 30.37% quarter-over-quarter from 32.66% in Q1 2026.
Analysis
Aehr Test Systems (AEHR) Gross Margin (2010 - 2026) Analysis & Trends
Aehr Test Systems (AEHR) has reported Gross Margin for 17 consecutive years, with 42.57% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 1225.0% year-over-year to 42.57%; the trailing twelve-month figure through May 2026 stood at 35.3% (down 529.0% YoY), and the FY2026 full-year result was 35.3%, down 529.0% from the prior year.
- Gross Margin grew to 42.57% in Q2 2026 per AEHR's latest filing, from 32.66% in the prior quarter.
- Across five years, Gross Margin topped out at 53.95% in Q3 2024 and bottomed at 25.75% in Q4 2025.
- Historically, Gross Margin has averaged 43.48% across 5 years, with a median of 42.28% in 2026.
- The sharpest annual moves came in 2025 and 2026: Gross Margin plunged 2057 bps in 2025, then jumped 1225 bps in 2026.
- Over 5 years, Gross Margin stood at 53.4% in 2022, then slipped by 4 bps to 51.13% in 2023, then dropped by 21 bps to 40.14% in 2024, then plunged by 36 bps to 25.75% in 2025, then soared by 65 bps to 42.57% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 42.57%, 32.66%, and 25.75% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 51.75% |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 50.31% |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 61.36% |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 47.68% |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 53.41% |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 56.54% |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | 50.06% |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | 45.96% |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 47.80% |
| 10 | Aehr Test Systems | 2.93 Bn | 2.81 Bn | 8.02 Mn | 42.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 29, 2026 | 42.57% |
| Feb 27, 2026 | 32.66% |
| Nov 28, 2025 | 25.75% |
| Aug 29, 2025 | 33.90% |
| May 30, 2025 | 30.32% |
| Feb 28, 2025 | 39.24% |
| Nov 29, 2024 | 40.14% |
| Aug 30, 2024 | 53.95% |
| May 31, 2024 | 50.89% |
| Feb 29, 2024 | 41.73% |
| Nov 30, 2023 | 51.13% |
| Aug 31, 2023 | 48.40% |
| May 31, 2023 | 51.55% |
| Feb 28, 2023 | 51.58% |
| Nov 30, 2022 | 53.40% |
| Aug 31, 2022 | 41.99% |
| May 31, 2022 | 51.59% |
| Feb 28, 2022 | 41.86% |
| Nov 30, 2021 | 47.02% |
| Aug 31, 2021 | 40.40% |