Flagship explainer

How AEHR TEST SYSTEMS makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$59M · 100%Cost of revenue$35M · 59%Gross profit$23.9M · 41%Operating income−$5.7M · −10%Income before tax−$4.3M · −7%Income tax−$381000 · −1%Net income−$3.9M · −7%As of 2025-05-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$59M100%
Cost of revenue$35M59%
$23.9M41%
−$5.7M−10%
Income before tax−$4.3M−7%
Income tax−$381000−1%
−$3.9M−7%
Source: · event May 30, 2025 · retrieved Jul 26, 2026 · annual-row source set
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AEHR income explainer — Buy Like Buffett · Buy Like Buffett