Aterian, Inc. (ATER) Financial Statements
Industry: Electric Housewares & Fans
In fiscal 2025, Aterian reported revenue of $69.0M, down 30.4% from $99.0M the year before. Net income was -$19.0M (a -27.5% net margin). Gross margin was 56.8% and operating margin was -26.1%. Operating activities generated -$10.9M of cash, leaving -$11.0M of free cash flow. At fiscal year end, Aterian held $29.6M in total assets against $14.4M in total liabilities, including $4.9M of cash and equivalents.
Open the full interactive Aterian financials → Quarterly statements, key ratios, valuation history and price charts.
Aterian Key Stats
| Share Price | $0.57 |
|---|---|
| Market Cap | $5.2M |
| Revenue YoY Growth | -30.4% |
| 52-Week Range | $0.36 – $1.39 |
| Shares Outstanding | 9.2 million (basic, 2026 Q2) |
Aterian Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $185.7M | $247.8M | $221.2M | $142.6M | $99.0M | $69.0M |
| Cost of Goods Sold | $101.0M | $125.9M | $115.7M | $72.3M | $37.5M | $29.8M |
| Gross Profit | $84.7M | $121.9M | $105.5M | $70.3M | $61.5M | $39.1M |
| Operating Income | -$34.8M | -$34.1M | -$178.2M | -$76.2M | -$11.8M | -$18.0M |
| Pre-Tax Income | -$63.1M | -$235.5M | -$196.7M | -$75.4M | -$11.9M | -$18.9M |
| Income Tax | $48,000 | $532,000 | -$376,000 | -$867,000 | -$47,000 | $41,000 |
| Net Income | -$63.1M | -$236.0M | -$196.3M | -$74.6M | -$11.9M | -$19.0M |
| Diluted EPS | -$44.16 | -$80.04 | -$35.40 | — | — | — |
Aterian Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $19.0M | $15.1M | $18,000 | $7,000 |
| Net Income | -$2.3M | -$7.9M | -$6.1M | -$491,000 |
Aterian Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $26.7M | $30.3M | $43.6M | $20.0M | $18.0M | $4.9M |
| Current Assets | $75.2M | $124.9M | $100.0M | $49.6M | $38.7M | $24.1M |
| Total Assets | $157.5M | $313.6M | $156.4M | $61.9M | $49.5M | $29.6M |
| Current Liabilities | $74.7M | $83.7M | $53.0M | $25.4M | $19.3M | $14.1M |
| Total Long-Term Debt | $58.1M | — | — | — | — | — |
| Total Liabilities | $134.1M | $89.3M | $54.5M | $25.8M | $19.5M | $14.4M |
| Shareholders' Equity | $23.4M | $224.2M | $102.0M | $36.0M | $30.0M | $15.2M |
Aterian Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $6.1M | -$42.0M | -$17.5M | -$13.4M | $2.2M | -$10.9M |
| Cash From Investing | -$39.1M | -$44.9M | -$677,000 | -$244,000 | -$242,000 | -$51,000 |
| Cash From Financing | $32.3M | $95.6M | $27.0M | -$11.1M | -$4.9M | -$2.5M |
| Free Cash Flow | $6.0M | -$42.0M | -$18.1M | -$13.5M | $2.2M | -$11.0M |
Figures from Aterian's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Aterian financials page for every line item.
Aterian Company Profile
| Ticker | ATER |
|---|---|
| Exchange | Nasdaq |
| Industry | Electric Housewares & Fans |
| Headquarters | Summit, New Jersey |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001757715 |
Frequently Asked Questions
What was Aterian's revenue in fiscal 2025?
Aterian (ATER) reported revenue of $69.0M for fiscal 2025.
What is Aterian's annual revenue history?
Aterian's annual revenue by fiscal year: 2020: $185.7M; 2021: $247.8M; 2022: $221.2M; 2023: $142.6M; 2024: $99.0M; 2025: $69.0M.
What was Aterian's net income in fiscal 2025?
Aterian reported net income of -$19.0M for fiscal 2025.
How much free cash flow did Aterian generate in fiscal 2025?
Aterian generated -$11.0M of free cash flow in fiscal 2025.
What was Aterian's revenue last quarter?
In its most recent reported quarter (2026 Q2), Aterian reported revenue of $7,000.
How many shares of Aterian are outstanding?
Aterian reported a weighted average of 9.2 million basic shares outstanding in 2026 Q2.
What is Aterian's market cap?
Based on its latest closing price, Aterian (ATER) has a market capitalization of about $5.2M.
When does Aterian's fiscal year end?
Aterian's fiscal year end, as registered with the SEC, is December 31.
Where is Aterian headquartered?
Aterian lists its business address in Summit, New Jersey in its SEC filings.