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.

  • FY2026 10-K risk factors

    30 risks, 1 new, 1 dropped, 10 reworded since the prior year. 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