Aehr Test Systems (AEHR) Operating Margin (2010 - 2026)
Aehr Test Systems (AEHR) recorded Operating Margin of -6.40% in Q4 2026, up 16.34 percentage points from -22.74% a year earlier and up 34.60 percentage points from the prior quarter.
Aehr Test Systems (AEHR) Operating Margin (2010 - 2026) Analysis & Trends
For FY2026, Aehr Test Systems reported Operating Margin of -28.30%, down 18.67 percentage points from FY2025.
- Annual Operating Margin has declined for three straight years, with a five-year change of -3.10 percentage points (FY2021 to FY2026).
- Across earlier years, Operating Margin came in at -9.63% in FY2025 (-24.85 pp), 15.22% in FY2024 (-5.37 pp), 20.59% in FY2023 (+5.24 pp) and 15.35% in FY2022 (+40.54 pp).
- The Q4 2026 figure is the highest quarterly Operating Margin since Q3 2025.
- On a year-over-year basis, Operating Margin rose in two of the last eight quarters, with an average year-over-year change of -20.65 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 122.97 percentage points in Q2 2022, against a drop of 49.10 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -41.01% (Q3 2026), -47.03% (Q2 2026) and -37.07% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,276.08 Bn | 5,050.24 Bn | 72.14 Bn | 66.24% |
| 2 | Taiwan Semiconductor Manufacturing | 2,267.33 Bn | 1,892.19 Bn | 27.22 Bn | 60.34% |
| 3 | Broadcom | 1,632.21 Bn | 1,558.26 Bn | 20.46 Bn | 53.92% |
| 4 | Micron Technology | 1,047.49 Bn | 953.13 Bn | 47.05 Bn | 80.68% |
| 5 | Advanced Micro Devices | 914.36 Bn | 871.11 Bn | 6.20 Bn | 17.25% |
| 6 | Asml Holding | 635.50 Bn | 591.18 Bn | 5.90 Bn | - |
| 7 | Intel | 478.83 Bn | 347.96 Bn | 6.51 Bn | 11.14% |
| 8 | Applied Materials | 314.54 Bn | 279.99 Bn | 4.59 Bn | 33.74% |
| 9 | Lam Research | 301.55 Bn | 277.60 Bn | 4.30 Bn | 39.95% |
| 10 | Aehr Test Systems | 1.96 Bn | 1.75 Bn | 8.02 Mn | -6.40% |
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% |
Aehr Test Systems Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=AEHR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "AEHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=AEHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();