vs
Side-by-side financial comparison of Aterian, Inc. (ATER) and GENCOR INDUSTRIES INC (GENC). Click either name above to swap in a different company.
GENCOR INDUSTRIES INC is the larger business by last-quarter revenue ($23.6M vs $15.1M, roughly 1.6× Aterian, Inc.). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs -52.5%, a 67.1% gap on every dollar of revenue. On growth, GENCOR INDUSTRIES INC posted the faster year-over-year revenue change (-25.0% vs -38.5%). GENCOR INDUSTRIES INC produced more free cash flow last quarter ($10.1M vs $-1.0M). Over the past eight quarters, Aterian, Inc.'s revenue compounded faster (-13.5% CAGR vs -23.9%).
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.
Gencor Industries Inc is a leading manufacturer of heavy construction and infrastructure equipment, specializing in asphalt production plants, thermal combustion systems, and supporting road-building machinery. It primarily serves North American and global construction markets, supplying products to both public sector infrastructure projects and private commercial construction operators.
ATER vs GENC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $15.1M | $23.6M |
| Net Profit | $-7.9M | $3.4M |
| Gross Margin | 56.1% | 28.7% |
| Operating Margin | -51.1% | 13.2% |
| Net Margin | -52.5% | 14.6% |
| Revenue YoY | -38.5% | -25.0% |
| Net Profit YoY | -512.2% | -9.8% |
| EPS (diluted) | — | $0.23 |
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 | $15.1M | $23.6M | ||
| Q3 25 | $19.0M | $18.8M | ||
| Q2 25 | $19.5M | $27.0M | ||
| Q1 25 | $15.4M | $38.2M | ||
| Q4 24 | $24.6M | $31.4M | ||
| Q3 24 | $26.2M | $20.9M | ||
| Q2 24 | $28.0M | $25.6M | ||
| Q1 24 | $20.2M | $40.7M |
| Q4 25 | $-7.9M | $3.4M | ||
| Q3 25 | $-2.3M | $1.9M | ||
| Q2 25 | $-4.9M | $3.8M | ||
| Q1 25 | $-3.9M | $6.1M | ||
| Q4 24 | $-1.3M | $3.8M | ||
| Q3 24 | $-1.8M | $1.5M | ||
| Q2 24 | $-3.6M | $2.6M | ||
| Q1 24 | $-5.2M | $6.2M |
| Q4 25 | 56.1% | 28.7% | ||
| Q3 25 | 56.1% | 24.2% | ||
| Q2 25 | 54.3% | 26.5% | ||
| Q1 25 | 61.4% | 29.7% | ||
| Q4 24 | 63.4% | 27.6% | ||
| Q3 24 | 60.3% | 25.6% | ||
| Q2 24 | 60.4% | 23.9% | ||
| Q1 24 | 65.1% | 30.3% |
| Q4 25 | -51.1% | 13.2% | ||
| Q3 25 | -10.7% | -1.2% | ||
| Q2 25 | -23.1% | 11.6% | ||
| Q1 25 | -24.1% | 17.0% | ||
| Q4 24 | -6.5% | 14.7% | ||
| Q3 24 | -6.6% | 5.9% | ||
| Q2 24 | -11.5% | 7.8% | ||
| Q1 24 | -26.1% | 17.4% |
| Q4 25 | -52.5% | 14.6% | ||
| Q3 25 | -12.0% | 10.2% | ||
| Q2 25 | -25.0% | 14.2% | ||
| Q1 25 | -25.4% | 16.0% | ||
| Q4 24 | -5.3% | 12.1% | ||
| Q3 24 | -6.8% | 6.9% | ||
| Q2 24 | -13.0% | 10.0% | ||
| Q1 24 | -25.5% | 15.3% |
| Q4 25 | — | $0.23 | ||
| Q3 25 | — | $0.13 | ||
| Q2 25 | — | $0.26 | ||
| Q1 25 | — | $0.42 | ||
| Q4 24 | — | $0.26 | ||
| Q3 24 | — | $0.10 | ||
| Q2 24 | — | $0.17 | ||
| Q1 24 | — | $0.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.9M | $147.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $15.2M | $215.2M |
| Total Assets | $29.6M | $228.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.9M | $147.7M | ||
| Q3 25 | $7.6M | $136.3M | ||
| Q2 25 | $10.5M | $136.0M | ||
| Q1 25 | $14.3M | $143.7M | ||
| Q4 24 | $18.0M | $130.1M | ||
| Q3 24 | $16.1M | $115.4M | ||
| Q2 24 | $20.3M | $116.6M | ||
| Q1 24 | $17.5M | $117.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $15.2M | $215.2M | ||
| Q3 25 | $22.6M | $211.8M | ||
| Q2 25 | $24.3M | $209.9M | ||
| Q1 25 | $27.0M | $206.1M | ||
| Q4 24 | $30.0M | $200.0M | ||
| Q3 24 | $30.6M | $196.1M | ||
| Q2 24 | $30.9M | $194.7M | ||
| Q1 24 | $33.0M | $192.1M |
| Q4 25 | $29.6M | $228.9M | ||
| Q3 25 | $40.1M | $222.6M | ||
| Q2 25 | $45.4M | $220.2M | ||
| Q1 25 | $49.8M | $223.9M | ||
| Q4 24 | $49.5M | $218.2M | ||
| Q3 24 | $52.1M | $208.1M | ||
| Q2 24 | $59.9M | $201.8M | ||
| Q1 24 | $55.7M | $206.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-1.0M | $11.1M |
| Free Cash FlowOCF − Capex | $-1.0M | $10.1M |
| FCF MarginFCF / Revenue | -6.9% | 43.0% |
| Capex IntensityCapex / Revenue | 0.0% | 4.1% |
| Cash ConversionOCF / Net Profit | — | 3.23× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-3.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.0M | $11.1M | ||
| Q3 25 | $-1.6M | $-275.0K | ||
| Q2 25 | $-4.4M | $-23.9M | ||
| Q1 25 | $-3.9M | $12.4M | ||
| Q4 24 | $-9.0K | $14.8M | ||
| Q3 24 | $-722.0K | $-3.2M | ||
| Q2 24 | $2.9M | $-1.0M | ||
| Q1 24 | $-6.0K | $11.7M |
| Q4 25 | $-1.0M | $10.1M | ||
| Q3 25 | $-1.6M | $-1.3M | ||
| Q2 25 | $-4.4M | $-24.4M | ||
| Q1 25 | — | $12.3M | ||
| Q4 24 | — | $14.5M | ||
| Q3 24 | — | $-3.3M | ||
| Q2 24 | $2.9M | $-1.4M | ||
| Q1 24 | $-42.0K | $11.7M |
| Q4 25 | -6.9% | 43.0% | ||
| Q3 25 | -8.4% | -6.8% | ||
| Q2 25 | -22.7% | -90.4% | ||
| Q1 25 | — | 32.2% | ||
| Q4 24 | — | 46.1% | ||
| Q3 24 | — | -15.8% | ||
| Q2 24 | 10.3% | -5.6% | ||
| Q1 24 | -0.2% | 28.7% |
| Q4 25 | 0.0% | 4.1% | ||
| Q3 25 | 0.2% | 5.4% | ||
| Q2 25 | 0.0% | 1.8% | ||
| Q1 25 | 0.0% | 0.4% | ||
| Q4 24 | 0.0% | 1.0% | ||
| Q3 24 | 0.0% | 0.4% | ||
| Q2 24 | 0.0% | 1.5% | ||
| Q1 24 | 0.2% | 0.0% |
| Q4 25 | — | 3.23× | ||
| Q3 25 | — | -0.14× | ||
| Q2 25 | — | -6.24× | ||
| Q1 25 | — | 2.04× | ||
| Q4 24 | — | 3.88× | ||
| Q3 24 | — | -2.22× | ||
| Q2 24 | — | -0.41× | ||
| Q1 24 | — | 1.87× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATER
| Sales Channel Directly To Consumer | $13.1M | 87% |
| Heating Cooling And Air Quality | $2.1M | 14% |
GENC
Segment breakdown not available.
