Aehr Test Systems Q3 2026 Earnings Recap

Aehr Test delivered a strong Q3 with over $37 million in bookings, a record backlog exceeding $50 million, and significant growth driven by AI, data center, and high-performance semiconductor markets.

Key Takeaways

• Quarterly bookings surpassed $37 million with a book-to-bill ratio over 3.5x, delivering a record backlog of over $50 million.
• Secured a $14 million follow-on order for automated wafer-level burn-in systems from a leading AI processor customer, expanding its installed base.
• Achieved a first-to-market position by demonstrating and shipping the industry’s first wafer-level burn-in solution tailored for high-power AI processors.
• Initiated major customer wins in silicon photonics for hyperscale data centers, with multiple systems scheduled to ship in Q4 and additional forecasts for future expansion.
• Undergoing technical upgrades to its evaluation program after initial delays, with multiple ongoing discussions across data center and AI processor markets.