Aehr Test Systems (AEHR) Operating Margin (2010 - 2026)
Aehr Test Systems' (AEHR) quarterly Operating Margin came in at 6.4% in Q2 2026, up 1634.0% on a YoY basis from 0.37% in Q2 2025, and up 84.39% quarter-over-quarter from 41.01% in Q1 2026.
Powered by 
Analysis
Aehr Test Systems (AEHR) Operating Margin (2010 - 2026) Analysis & Trends
Aehr Test Systems (AEHR) has reported Operating Margin for 16 consecutive years, with 6.4% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 1634.0% year-over-year to 6.4%; the trailing twelve-month figure through May 2026 stood at 28.3% (down 1867.0% YoY), and the FY2026 full-year result was 28.3%, down 1867.0% from the prior year.
- Operating Margin rose to 6.4% in Q2 2026 per AEHR's latest filing, from 41.01% in the prior quarter.
- Across five years, Operating Margin topped out at 28.69% in Q2 2022 and bottomed at 47.03% in Q4 2025.
- Historically, Operating Margin has averaged 1.0% across 5 years, with a median of 2.75% in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Margin jumped 2714 bps in 2022, then sank 4910 bps in 2024.
- Over 5 years, Operating Margin stood at 23.52% in 2022, then advanced by 8 bps to 25.51% in 2023, then tumbled by 144 bps to 11.25% in 2024, then slumped by 318 bps to 47.03% in 2025, then jumped by 86 bps to 6.4% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 6.4%, 41.01%, and 47.03% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 37.39% |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 33.74% |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 42.49% |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 20.11% |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 18.52% |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 29.88% |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | 20.43% |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | 16.98% |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 20.66% |
| 10 | Aehr Test Systems | 2.93 Bn | 2.81 Bn | 8.02 Mn | -6.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 29, 2026 | -6.40% |
| Feb 27, 2026 | -41.01% |
| Nov 28, 2025 | -47.03% |
| Aug 29, 2025 | -37.07% |
| May 30, 2025 | -22.74% |
| Feb 28, 2025 | -6.11% |
| Nov 29, 2024 | -11.25% |
| Aug 30, 2024 | 1.21% |
| May 31, 2024 | 15.31% |
| Feb 29, 2024 | -27.05% |
| Nov 30, 2023 | 25.51% |
| Aug 31, 2023 | 19.95% |
| May 31, 2023 | 25.32% |
| Feb 28, 2023 | 22.04% |
| Nov 30, 2022 | 23.52% |
| Aug 31, 2022 | 4.29% |
| May 31, 2022 | 28.69% |
| Feb 28, 2022 | 14.76% |
| Nov 30, 2021 | 7.46% |
| Aug 31, 2021 | -17.59% |