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Side-by-side financial comparison of Aptiv (APTV) and Aterian, Inc. (ATER). Click either name above to swap in a different company.
Aptiv is the larger business by last-quarter revenue ($5.2B vs $15.1M, roughly 340.5× Aterian, Inc.). Aptiv runs the higher net margin — 2.7% vs -52.5%, a 55.2% gap on every dollar of revenue. On growth, Aptiv posted the faster year-over-year revenue change (5.0% vs -38.5%). Aptiv produced more free cash flow last quarter ($651.0M vs $-1.0M). Over the past eight quarters, Aptiv's revenue compounded faster (2.5% CAGR vs -13.5%).
Aptiv PLC is an American automotive technology supplier with headquarters in Schaffhausen, Switzerland. Aptiv grew out of the now-defunct American company, Delphi Automotive Systems, which itself was formerly a component of General Motors.
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.
APTV vs ATER — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $5.2B | $15.1M |
| Net Profit | $138.0M | $-7.9M |
| Gross Margin | 18.7% | 56.1% |
| Operating Margin | 8.2% | -51.1% |
| Net Margin | 2.7% | -52.5% |
| Revenue YoY | 5.0% | -38.5% |
| Net Profit YoY | -48.5% | -512.2% |
| EPS (diluted) | $0.63 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $5.2B | $15.1M | ||
| Q3 25 | $5.2B | $19.0M | ||
| Q2 25 | $5.2B | $19.5M | ||
| Q1 25 | $4.8B | $15.4M | ||
| Q4 24 | $4.9B | $24.6M | ||
| Q3 24 | $4.9B | $26.2M | ||
| Q2 24 | $5.1B | $28.0M | ||
| Q1 24 | $4.9B | $20.2M |
| Q4 25 | $138.0M | $-7.9M | ||
| Q3 25 | $-355.0M | $-2.3M | ||
| Q2 25 | $393.0M | $-4.9M | ||
| Q1 25 | $-11.0M | $-3.9M | ||
| Q4 24 | $268.0M | $-1.3M | ||
| Q3 24 | $363.0M | $-1.8M | ||
| Q2 24 | $938.0M | $-3.6M | ||
| Q1 24 | $218.0M | $-5.2M |
| Q4 25 | 18.7% | 56.1% | ||
| Q3 25 | 19.5% | 56.1% | ||
| Q2 25 | 19.1% | 54.3% | ||
| Q1 25 | 19.1% | 61.4% | ||
| Q4 24 | 19.6% | 63.4% | ||
| Q3 24 | 18.6% | 60.3% | ||
| Q2 24 | 19.2% | 60.4% | ||
| Q1 24 | 17.9% | 65.1% |
| Q4 25 | 8.2% | -51.1% | ||
| Q3 25 | -3.4% | -10.7% | ||
| Q2 25 | 9.3% | -23.1% | ||
| Q1 25 | 9.3% | -24.1% | ||
| Q4 24 | 9.8% | -6.5% | ||
| Q3 24 | 10.4% | -6.6% | ||
| Q2 24 | 8.7% | -11.5% | ||
| Q1 24 | 8.5% | -26.1% |
| Q4 25 | 2.7% | -52.5% | ||
| Q3 25 | -6.8% | -12.0% | ||
| Q2 25 | 7.5% | -25.0% | ||
| Q1 25 | -0.2% | -25.4% | ||
| Q4 24 | 5.5% | -5.3% | ||
| Q3 24 | 7.5% | -6.8% | ||
| Q2 24 | 18.6% | -13.0% | ||
| Q1 24 | 4.4% | -25.5% |
| Q4 25 | $0.63 | — | ||
| Q3 25 | $-1.63 | — | ||
| Q2 25 | $1.80 | — | ||
| Q1 25 | $-0.05 | — | ||
| Q4 24 | $1.22 | — | ||
| Q3 24 | $1.48 | — | ||
| Q2 24 | $3.47 | — | ||
| Q1 24 | $0.79 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9B | $4.9M |
| Total DebtLower is stronger | $7.5B | — |
| Stockholders' EquityBook value | $9.2B | $15.2M |
| Total Assets | $23.4B | $29.6M |
| Debt / EquityLower = less leverage | 0.81× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9B | $4.9M | ||
| Q3 25 | $1.6B | $7.6M | ||
| Q2 25 | $1.4B | $10.5M | ||
| Q1 25 | $1.1B | $14.3M | ||
| Q4 24 | $1.6B | $18.0M | ||
| Q3 24 | $1.8B | $16.1M | ||
| Q2 24 | $2.2B | $20.3M | ||
| Q1 24 | $941.0M | $17.5M |
| Q4 25 | $7.5B | — | ||
| Q3 25 | $7.6B | — | ||
| Q2 25 | $7.8B | — | ||
| Q1 25 | $7.6B | — | ||
| Q4 24 | $7.8B | — | ||
| Q3 24 | $8.3B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $4.7B | — |
| Q4 25 | $9.2B | $15.2M | ||
| Q3 25 | $9.3B | $22.6M | ||
| Q2 25 | $9.7B | $24.3M | ||
| Q1 25 | $9.0B | $27.0M | ||
| Q4 24 | $8.8B | $30.0M | ||
| Q3 24 | $8.9B | $30.6M | ||
| Q2 24 | $11.5B | $30.9M | ||
| Q1 24 | $11.1B | $33.0M |
| Q4 25 | $23.4B | $29.6M | ||
| Q3 25 | $23.5B | $40.1M | ||
| Q2 25 | $23.9B | $45.4M | ||
| Q1 25 | $23.1B | $49.8M | ||
| Q4 24 | $23.5B | $49.5M | ||
| Q3 24 | $24.8B | $52.1M | ||
| Q2 24 | $24.8B | $59.9M | ||
| Q1 24 | $23.6B | $55.7M |
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 0.48× | — | ||
| Q1 24 | 0.42× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $818.0M | $-1.0M |
| Free Cash FlowOCF − Capex | $651.0M | $-1.0M |
| FCF MarginFCF / Revenue | 12.6% | -6.9% |
| Capex IntensityCapex / Revenue | 3.2% | 0.0% |
| Cash ConversionOCF / Net Profit | 5.93× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $818.0M | $-1.0M | ||
| Q3 25 | $584.0M | $-1.6M | ||
| Q2 25 | $510.0M | $-4.4M | ||
| Q1 25 | $273.0M | $-3.9M | ||
| Q4 24 | $1.1B | $-9.0K | ||
| Q3 24 | $499.0M | $-722.0K | ||
| Q2 24 | $643.0M | $2.9M | ||
| Q1 24 | $244.0M | $-6.0K |
| Q4 25 | $651.0M | $-1.0M | ||
| Q3 25 | $441.0M | $-1.6M | ||
| Q2 25 | $361.0M | $-4.4M | ||
| Q1 25 | $76.0M | — | ||
| Q4 24 | $894.0M | — | ||
| Q3 24 | $326.0M | — | ||
| Q2 24 | $417.0M | $2.9M | ||
| Q1 24 | $-21.0M | $-42.0K |
| Q4 25 | 12.6% | -6.9% | ||
| Q3 25 | 8.5% | -8.4% | ||
| Q2 25 | 6.9% | -22.7% | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 18.2% | — | ||
| Q3 24 | 6.7% | — | ||
| Q2 24 | 8.3% | 10.3% | ||
| Q1 24 | -0.4% | -0.2% |
| Q4 25 | 3.2% | 0.0% | ||
| Q3 25 | 2.7% | 0.2% | ||
| Q2 25 | 2.9% | 0.0% | ||
| Q1 25 | 4.1% | 0.0% | ||
| Q4 24 | 3.4% | 0.0% | ||
| Q3 24 | 3.6% | 0.0% | ||
| Q2 24 | 4.5% | 0.0% | ||
| Q1 24 | 5.4% | 0.2% |
| Q4 25 | 5.93× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.96× | — | ||
| Q3 24 | 1.37× | — | ||
| Q2 24 | 0.69× | — | ||
| Q1 24 | 1.12× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APTV
| Electrical Distribution Systems | $2.3B | 45% |
| Engineered Components Group | $1.4B | 28% |
| Active Safety | $716.0M | 14% |
| User Experience And Other | $564.0M | 11% |
| Smart Vehicle Compute And Software | $154.0M | 3% |
ATER
| Sales Channel Directly To Consumer | $13.1M | 87% |
| Heating Cooling And Air Quality | $2.1M | 14% |
