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Side-by-side financial comparison of Aterian, Inc. (ATER) and ECB Bancorp, Inc. (ECBK). Click either name above to swap in a different company.

Aterian, Inc. is the larger business by last-quarter revenue ($15.1M vs $9.5M, roughly 1.6× ECB Bancorp, Inc.). ECB Bancorp, Inc. runs the higher net margin — 27.3% vs -52.5%, a 79.8% gap on every dollar of revenue. On growth, ECB Bancorp, Inc. posted the faster year-over-year revenue change (33.8% vs -38.5%). ECB Bancorp, Inc. produced more free cash flow last quarter ($9.0M vs $-1.0M). Over the past eight quarters, ECB Bancorp, Inc.'s revenue compounded faster (23.8% CAGR vs -13.5%).

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.

ECB Bancorp, Inc. (MD) is a US-based bank holding company. It offers a full suite of retail and commercial banking products including deposit accounts, consumer loans, commercial financing and wealth management solutions, primarily serving individuals and small-to-mid enterprises across local markets in Maryland.

ATER vs ECBK — Head-to-Head

Bigger by revenue
ATER
ATER
1.6× larger
ATER
$15.1M
$9.5M
ECBK
Growing faster (revenue YoY)
ECBK
ECBK
+72.3% gap
ECBK
33.8%
-38.5%
ATER
Higher net margin
ECBK
ECBK
79.8% more per $
ECBK
27.3%
-52.5%
ATER
More free cash flow
ECBK
ECBK
$10.1M more FCF
ECBK
$9.0M
$-1.0M
ATER
Faster 2-yr revenue CAGR
ECBK
ECBK
Annualised
ECBK
23.8%
-13.5%
ATER

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ATER
ATER
ECBK
ECBK
Revenue
$15.1M
$9.5M
Net Profit
$-7.9M
$2.6M
Gross Margin
56.1%
Operating Margin
-51.1%
36.7%
Net Margin
-52.5%
27.3%
Revenue YoY
-38.5%
33.8%
Net Profit YoY
-512.2%
79.5%
EPS (diluted)
$0.32

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.

Revenue
ATER
ATER
ECBK
ECBK
Q4 25
$15.1M
$9.5M
Q3 25
$19.0M
$8.8M
Q2 25
$19.5M
$8.0M
Q1 25
$15.4M
$6.9M
Q4 24
$24.6M
$7.1M
Q3 24
$26.2M
$6.6M
Q2 24
$28.0M
$6.3M
Q1 24
$20.2M
$6.2M
Net Profit
ATER
ATER
ECBK
ECBK
Q4 25
$-7.9M
$2.6M
Q3 25
$-2.3M
$2.4M
Q2 25
$-4.9M
$1.4M
Q1 25
$-3.9M
$1.3M
Q4 24
$-1.3M
$1.4M
Q3 24
$-1.8M
$1.1M
Q2 24
$-3.6M
$791.0K
Q1 24
$-5.2M
$621.0K
Gross Margin
ATER
ATER
ECBK
ECBK
Q4 25
56.1%
Q3 25
56.1%
Q2 25
54.3%
Q1 25
61.4%
Q4 24
63.4%
Q3 24
60.3%
Q2 24
60.4%
Q1 24
65.1%
Operating Margin
ATER
ATER
ECBK
ECBK
Q4 25
-51.1%
36.7%
Q3 25
-10.7%
37.0%
Q2 25
-23.1%
23.9%
Q1 25
-24.1%
24.9%
Q4 24
-6.5%
27.3%
Q3 24
-6.6%
23.3%
Q2 24
-11.5%
16.9%
Q1 24
-26.1%
13.4%
Net Margin
ATER
ATER
ECBK
ECBK
Q4 25
-52.5%
27.3%
Q3 25
-12.0%
27.7%
Q2 25
-25.0%
18.0%
Q1 25
-25.4%
18.7%
Q4 24
-5.3%
20.3%
Q3 24
-6.8%
17.2%
Q2 24
-13.0%
12.6%
Q1 24
-25.5%
10.0%
EPS (diluted)
ATER
ATER
ECBK
ECBK
Q4 25
$0.32
Q3 25
$0.29
Q2 25
$0.17
Q1 25
$0.16
Q4 24
$0.18
Q3 24
$0.14
Q2 24
$0.09
Q1 24
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATER
ATER
ECBK
ECBK
Cash + ST InvestmentsLiquidity on hand
$4.9M
$82.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$15.2M
$171.9M
Total Assets
$29.6M
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATER
ATER
ECBK
ECBK
Q4 25
$4.9M
$82.8M
Q3 25
$7.6M
$201.9M
Q2 25
$10.5M
$191.0M
Q1 25
$14.3M
$143.7M
Q4 24
$18.0M
$309.4M
Q3 24
$16.1M
$114.8M
Q2 24
$20.3M
$108.7M
Q1 24
$17.5M
$109.8M
Stockholders' Equity
ATER
ATER
ECBK
ECBK
Q4 25
$15.2M
$171.9M
Q3 25
$22.6M
$169.3M
Q2 25
$24.3M
$168.3M
Q1 25
$27.0M
$168.6M
Q4 24
$30.0M
$168.3M
Q3 24
$30.6M
$166.0M
Q2 24
$30.9M
$166.5M
Q1 24
$33.0M
$165.8M
Total Assets
ATER
ATER
ECBK
ECBK
Q4 25
$29.6M
$1.6B
Q3 25
$40.1M
$1.6B
Q2 25
$45.4M
$1.5B
Q1 25
$49.8M
$1.5B
Q4 24
$49.5M
$1.4B
Q3 24
$52.1M
$1.4B
Q2 24
$59.9M
$1.3B
Q1 24
$55.7M
$1.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATER
ATER
ECBK
ECBK
Operating Cash FlowLast quarter
$-1.0M
$9.2M
Free Cash FlowOCF − Capex
$-1.0M
$9.0M
FCF MarginFCF / Revenue
-6.9%
94.7%
Capex IntensityCapex / Revenue
0.0%
2.2%
Cash ConversionOCF / Net Profit
3.55×
TTM Free Cash FlowTrailing 4 quarters
$14.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATER
ATER
ECBK
ECBK
Q4 25
$-1.0M
$9.2M
Q3 25
$-1.6M
$4.0M
Q2 25
$-4.4M
$1.9M
Q1 25
$-3.9M
$-631.0K
Q4 24
$-9.0K
$6.2M
Q3 24
$-722.0K
$861.0K
Q2 24
$2.9M
$1.4M
Q1 24
$-6.0K
$-429.0K
Free Cash Flow
ATER
ATER
ECBK
ECBK
Q4 25
$-1.0M
$9.0M
Q3 25
$-1.6M
$4.0M
Q2 25
$-4.4M
$1.8M
Q1 25
$-649.0K
Q4 24
$6.2M
Q3 24
Q2 24
$2.9M
$1.3M
Q1 24
$-42.0K
$-449.0K
FCF Margin
ATER
ATER
ECBK
ECBK
Q4 25
-6.9%
94.7%
Q3 25
-8.4%
44.9%
Q2 25
-22.7%
23.0%
Q1 25
-9.4%
Q4 24
86.8%
Q3 24
Q2 24
10.3%
21.4%
Q1 24
-0.2%
-7.2%
Capex Intensity
ATER
ATER
ECBK
ECBK
Q4 25
0.0%
2.2%
Q3 25
0.2%
0.8%
Q2 25
0.0%
0.6%
Q1 25
0.0%
0.3%
Q4 24
0.0%
0.8%
Q3 24
0.0%
0.0%
Q2 24
0.0%
0.6%
Q1 24
0.2%
0.3%
Cash Conversion
ATER
ATER
ECBK
ECBK
Q4 25
3.55×
Q3 25
1.65×
Q2 25
1.32×
Q1 25
-0.49×
Q4 24
4.31×
Q3 24
0.76×
Q2 24
1.75×
Q1 24
-0.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATER
ATER

Sales Channel Directly To Consumer$13.1M87%
Heating Cooling And Air Quality$2.1M14%

ECBK
ECBK

Segment breakdown not available.

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