Aterian, Inc.
ATER Nasdaq· Electric Housewares & Fans
Last close · Oct 23, 2026
$0.62
KIRA · Stoqly’s AI analyst, in plain words
- Aterian, Inc. had $69.0M of revenue in fiscal 2025, down 30.4% on the year before. Over five years, revenue changed −18.0% a year on average.
- Its operating margin was −26.1%, down 14.1 pts: of every 100 in sales, about −26 is left after running the business.
- Aterian, Inc. lost $19.0M in fiscal 2025.
- Free cash flow was −$10.9M in fiscal 2025, −15.9% of revenue.
Market cap
—
P/E
—
Revenue
$69.0M
Net income
−$19.0M
Free cash flow
−$10.9M
Operating margin
−26.1%
Aterian, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−30.4%
No. Sales fell 30.4% last year.
Does it make a profit?
−27.5%
No. It lost money last year.
Does profit turn into cash?
−15.9%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 7
Weak. It passes 3 of 7 health tests.
What Aterian, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 23, 2026
- Legal name
- Aterian, Inc.
- CIK
- 0001757715
Aterian, Inc. · ATER
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $248M | $221M | $143M | $99.0M | $69.0M |
| Revenue growth | 33.4% | −10.7% | −35.5% | −30.5% | −30.4% |
| Gross margin | 49.2% | 47.7% | 49.3% | 62.1% | 56.8% |
| Operating margin | −13.8% | −80.6% | −53.4% | −11.9% | −26.1% |
| Net income | −$236M | −$196M | −$74.6M | −$11.9M | −$19.0M |
| Net margin | −95.3% | −88.8% | −52.3% | −12.0% | −27.5% |
| Diluted EPS | −$6.67 | −$2.95 | — | — | — |
| Cash | |||||
| Cash from operations | −$42.0M | −$17.5M | −$13.4M | $2.2M | −$10.9M |
| Capital expenditure | $0.0M | $0.1M | $0.1M | $0.0M | $0.1M |
| Free cash flow | −$42.0M | −$17.6M | −$13.5M | $2.1M | −$10.9M |
| FCF margin | −17.0% | −7.9% | −9.5% | 2.1% | −15.9% |
| Share count change | 106.1% | 88.0% | — | — | — |
| Debt and strength | |||||
| Cash and short-term investments | $30.3M | $43.6M | $20.0M | $18.0M | $4.9M |
| Shareholders' equity | $224M | $102M | $36.0M | $30.0M | $15.2M |
| Current ratio | 1.5x | 1.9x | 2.0x | 2.0x | 2.0x |
| Interest coverage | −2.6x | −66.1x | −35.9x | −9.7x | −18.8x |
| Returns and quality | |||||
| Return on equity | −190.6% | −120.4% | −108.1% | −35.9% | −83.9% |
| Return on tangible equity | −600.1% | −415.9% | −301.7% | −58.5% | −124.8% |
| Piotroski F-score | 3 | 3 | 5 | 5 | 3 |
| Altman Z'' | −1.7 | −16.7 | −41.1 | −44.2 | −80.3 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Aterian, Inc. · ATER
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $0.62 a share, the company is worth —.
Source: SEC EDGAR XBRL filings (CIK 0001757715). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.