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Side-by-side financial comparison of Aterian, Inc. (ATER) and FRANKLIN STREET PROPERTIES CORP (FSP). Click either name above to swap in a different company.

FRANKLIN STREET PROPERTIES CORP is the larger business by last-quarter revenue ($26.0M vs $15.1M, roughly 1.7× Aterian, Inc.). FRANKLIN STREET PROPERTIES CORP runs the higher net margin — -28.1% vs -52.5%, a 24.4% gap on every dollar of revenue. On growth, FRANKLIN STREET PROPERTIES CORP posted the faster year-over-year revenue change (-8.2% vs -38.5%). Aterian, Inc. produced more free cash flow last quarter ($-1.0M vs $-12.7M). Over the past eight quarters, FRANKLIN STREET PROPERTIES CORP's revenue compounded faster (-8.7% 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.

Franklin Street Properties Corp is a Massachusetts-based real estate investment trust (REIT) in the United States. It primarily invests in, owns, and operates high-quality office properties across major U.S. metropolitan markets, serving corporate tenants across various industry segments, and delivers stable long-term returns via rental income and strategic asset management.

ATER vs FSP — Head-to-Head

Bigger by revenue
FSP
FSP
1.7× larger
FSP
$26.0M
$15.1M
ATER
Growing faster (revenue YoY)
FSP
FSP
+30.3% gap
FSP
-8.2%
-38.5%
ATER
Higher net margin
FSP
FSP
24.4% more per $
FSP
-28.1%
-52.5%
ATER
More free cash flow
ATER
ATER
$11.6M more FCF
ATER
$-1.0M
$-12.7M
FSP
Faster 2-yr revenue CAGR
FSP
FSP
Annualised
FSP
-8.7%
-13.5%
ATER

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ATER
ATER
FSP
FSP
Revenue
$15.1M
$26.0M
Net Profit
$-7.9M
$-7.3M
Gross Margin
56.1%
59.4%
Operating Margin
-51.1%
-27.9%
Net Margin
-52.5%
-28.1%
Revenue YoY
-38.5%
-8.2%
Net Profit YoY
-512.2%
14.1%
EPS (diluted)
$-0.06

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
FSP
FSP
Q4 25
$15.1M
$26.0M
Q3 25
$19.0M
$27.3M
Q2 25
$19.5M
$26.7M
Q1 25
$15.4M
$27.1M
Q4 24
$24.6M
$28.4M
Q3 24
$26.2M
$29.7M
Q2 24
$28.0M
$30.8M
Q1 24
$20.2M
$31.2M
Net Profit
ATER
ATER
FSP
FSP
Q4 25
$-7.9M
$-7.3M
Q3 25
$-2.3M
$-8.3M
Q2 25
$-4.9M
$-7.9M
Q1 25
$-3.9M
$-21.4M
Q4 24
$-1.3M
$-8.5M
Q3 24
$-1.8M
$-15.6M
Q2 24
$-3.6M
$-21.0M
Q1 24
$-5.2M
$-7.6M
Gross Margin
ATER
ATER
FSP
FSP
Q4 25
56.1%
59.4%
Q3 25
56.1%
60.9%
Q2 25
54.3%
59.9%
Q1 25
61.4%
62.8%
Q4 24
63.4%
59.7%
Q3 24
60.3%
61.0%
Q2 24
60.4%
64.2%
Q1 24
65.1%
64.7%
Operating Margin
ATER
ATER
FSP
FSP
Q4 25
-51.1%
-27.9%
Q3 25
-10.7%
-30.5%
Q2 25
-23.1%
-29.2%
Q1 25
-24.1%
-78.9%
Q4 24
-6.5%
-29.9%
Q3 24
-6.6%
-52.4%
Q2 24
-11.5%
-68.0%
Q1 24
-26.1%
-24.0%
Net Margin
ATER
ATER
FSP
FSP
Q4 25
-52.5%
-28.1%
Q3 25
-12.0%
-30.5%
Q2 25
-25.0%
-29.5%
Q1 25
-25.4%
-79.1%
Q4 24
-5.3%
-30.0%
Q3 24
-6.8%
-52.6%
Q2 24
-13.0%
-68.2%
Q1 24
-25.5%
-24.2%
EPS (diluted)
ATER
ATER
FSP
FSP
Q4 25
$-0.06
Q3 25
$-0.08
Q2 25
$-0.08
Q1 25
$-0.21
Q4 24
$-0.09
Q3 24
$-0.15
Q2 24
$-0.20
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
FSP
FSP
Cash + ST InvestmentsLiquidity on hand
$4.9M
$30.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$15.2M
$607.0M
Total Assets
$29.6M
$892.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATER
ATER
FSP
FSP
Q4 25
$4.9M
$30.6M
Q3 25
$7.6M
$31.4M
Q2 25
$10.5M
$29.4M
Q1 25
$14.3M
$30.2M
Q4 24
$18.0M
$41.1M
Q3 24
$16.1M
$40.9M
Q2 24
$20.3M
$30.2M
Q1 24
$17.5M
$34.2M
Stockholders' Equity
ATER
ATER
FSP
FSP
Q4 25
$15.2M
$607.0M
Q3 25
$22.6M
$615.3M
Q2 25
$24.3M
$624.7M
Q1 25
$27.0M
$633.4M
Q4 24
$30.0M
$655.9M
Q3 24
$30.6M
$665.4M
Q2 24
$30.9M
$682.1M
Q1 24
$33.0M
$703.9M
Total Assets
ATER
ATER
FSP
FSP
Q4 25
$29.6M
$892.9M
Q3 25
$40.1M
$901.0M
Q2 25
$45.4M
$903.2M
Q1 25
$49.8M
$916.4M
Q4 24
$49.5M
$946.9M
Q3 24
$52.1M
$981.5M
Q2 24
$59.9M
$1.0B
Q1 24
$55.7M
$1.0B

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
FSP
FSP
Operating Cash FlowLast quarter
$-1.0M
$3.8M
Free Cash FlowOCF − Capex
$-1.0M
$-12.7M
FCF MarginFCF / Revenue
-6.9%
-48.6%
Capex IntensityCapex / Revenue
0.0%
63.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-25.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATER
ATER
FSP
FSP
Q4 25
$-1.0M
$3.8M
Q3 25
$-1.6M
$8.3M
Q2 25
$-4.4M
$-2.9M
Q1 25
$-3.9M
$-5.5M
Q4 24
$-9.0K
$9.0M
Q3 24
$-722.0K
$14.5M
Q2 24
$2.9M
$-648.0K
Q1 24
$-6.0K
$-7.1M
Free Cash Flow
ATER
ATER
FSP
FSP
Q4 25
$-1.0M
$-12.7M
Q3 25
$-1.6M
$3.0M
Q2 25
$-4.4M
$-5.7M
Q1 25
$-9.9M
Q4 24
$-16.2M
Q3 24
$8.6M
Q2 24
$2.9M
$-5.1M
Q1 24
$-42.0K
$-15.8M
FCF Margin
ATER
ATER
FSP
FSP
Q4 25
-6.9%
-48.6%
Q3 25
-8.4%
11.0%
Q2 25
-22.7%
-21.5%
Q1 25
-36.7%
Q4 24
-57.2%
Q3 24
29.1%
Q2 24
10.3%
-16.7%
Q1 24
-0.2%
-50.8%
Capex Intensity
ATER
ATER
FSP
FSP
Q4 25
0.0%
63.0%
Q3 25
0.2%
19.4%
Q2 25
0.0%
10.7%
Q1 25
0.0%
16.4%
Q4 24
0.0%
88.9%
Q3 24
0.0%
19.6%
Q2 24
0.0%
14.6%
Q1 24
0.2%
28.1%

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%

FSP
FSP

Segment breakdown not available.

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