Aterian, Inc.ATEREarnings & Financial Report
Aterian, Inc. is a technology-enabled consumer products company that leverages artificial intelligence and data analytics to identify market demand, develop, source and distribute a wide portfolio of affordable goods spanning home improvement, wellness, personal care, pet supplies and outdoor recreation. It primarily sells its products through leading global e-commerce platforms, with core markets covering North America and Europe.
ATER Q4 2025 Key Financial Metrics
Revenue
$15.1M
Gross Profit
$8.5M
Operating Profit
$-7.7M
Net Profit
$-7.9M
Gross Margin
56.1%
Operating Margin
-51.1%
Net Margin
-52.5%
YoY Growth
-38.5%
EPS
$-0.96
Financial Flow
Aterian, Inc. Q4 2025 Financial Summary
Aterian, Inc. reported revenue of $15.1M (down 38.5% YoY) for Q4 2025, with a net profit of $-7.9M (down 512.2% YoY) (-52.5% margin). Cost of goods sold was $6.6M, operating expenses totaled $16.2M.
Key Financial Metrics
| Total Revenue | $15.1M |
|---|---|
| Net Profit | $-7.9M |
| Gross Margin | 56.1% |
| Operating Margin | -51.1% |
| Report Period | Q4 2025 |
Revenue Breakdown
Aterian, Inc. Q4 2025 revenue of $15.1M breaks down across 2 segments, led by Sales Channel Directly To Consumer at $13.1M (86.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sales Channel Directly To Consumer | $13.1M | 86.8% |
| Heating Cooling And Air Quality | $2.1M | 13.6% |
Aterian, Inc. Revenue by Segment — Quarterly Trend
Aterian, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Sales Channel Directly To Consumer and Heating Cooling And Air Quality) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Sales Channel Directly To Consumer | $13.1M | $17.2M | $16.6M | $13.6M |
| Heating Cooling And Air Quality | $2.1M | — | — | — |
Aterian, Inc. Annual Revenue by Year
Aterian, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $69.0M). Click any linked year to see what changed vs the prior annual report.
Aterian, Inc. Quarterly Revenue & Net Profit History
Aterian, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $15.1M | -38.5% | $-7.9M | -52.5% |
| Q3 2025 | $19.0M | -27.5% | $-2.3M | -12.0% |
| Q2 2025 | $19.5M | -30.5% | $-4.9M | -25.0% |
| Q1 2025 | $15.4M | -24.0% | $-3.9M | -25.4% |
| Q4 2024 | $24.6M | -24.9% | $-1.3M | -5.3% |
| Q3 2024 | $26.2M | -33.9% | $-1.8M | -6.8% |
| Q2 2024 | $28.0M | -20.6% | $-3.6M | -13.0% |
| Q1 2024 | $20.2M | -42.0% | $-5.2M | -25.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.2M | $28.0M | $26.2M | $24.6M | $15.4M | $19.5M | $19.0M | $15.1M |
| YoY Growth | -42.0% | -20.6% | -33.9% | -24.9% | -24.0% | -30.5% | -27.5% | -38.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $55.7M | $59.9M | $52.1M | $49.5M | $49.8M | $45.4M | $40.1M | $29.6M |
| Liabilities | $22.7M | $29.0M | $21.5M | $19.5M | $22.8M | $21.1M | $17.5M | $14.4M |
| Equity | $33.0M | $30.9M | $30.6M | $30.0M | $27.0M | $24.3M | $22.6M | $15.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-6000 | $2.9M | $-722000 | $-9000 | $-3.9M | $-4.4M | $-1.6M | $-1.0M |