Risk factors

AEHR Test Systems (AEHR) risk factors

Item 1A of every AEHR Test Systems 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2026 10-K risk factors
    30 risks1 new1 dropped10 reworded

    Top-five customer concentration fell to 70% from 77%; three customers represented 26%, 14%, and 11% of fiscal 2026 sales.

    Filed Jul 27, 2026
  • FY2025 10-K risk factors
    30 risks

    Customer concentration, lumpy high-value system sales, and semiconductor capital-spending cycles dominate revenue risk.

    Filed Jul 28, 2025