Aehr Test Systems vs CVD Equipment
Aehr Test Systems is the larger business, with $50.0m of revenue in fiscal 2026 against $25.8m for CVD Equipment (1.9 times as much). CVD Equipment grew faster (-4.1% against -15.2%). CVD Equipment kept more of each dollar of sales as profit: a net margin of -6.1% against -14.3%.
| Latest fiscal year | Aehr Test SystemsAEHR, 2026 | CVD EquipmentCVV, 2025 |
|---|---|---|
| Revenue | $50.0m | $25.8m |
| Revenue growth | -15.2% | -4.1% |
| Net income | −$7.1m | −$1.6m |
| Operating margin | — | -7.4% |
| Net margin | -14.3% | -6.1% |
| Return on equity | -4.2% | -6.3% |
| Free cash flow | −$5.4m | −$3.7m |
| Cash | $116m | $8.7m |
| Total debt | $0 | $294,000 |
| Debt to equity | — | 1.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | 85 |
| Market value | $2.07bn | $26.7m |
| Price vs our value range | — | — |
| Moat score | 25 (Weak) | 29 (Weak) |
| Insider trades, 12 months | 0 buys, 73 sales | 0 buys, 0 sales |