vs

Side-by-side financial comparison of Aterian, Inc. (ATER) and Strata Critical Medical, Inc. (SRTA). Click either name above to swap in a different company.

Strata Critical Medical, Inc. is the larger business by last-quarter revenue ($22.7M vs $15.1M, roughly 1.5× Aterian, Inc.). On growth, Strata Critical Medical, Inc. posted the faster year-over-year revenue change (361.2% vs -38.5%). Aterian, Inc. produced more free cash flow last quarter ($-1.0M vs $-10.2M). Over the past eight quarters, Aterian, Inc.'s revenue compounded faster (-13.5% CAGR vs -33.6%).

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.

Strata Critical Medical, Inc. is a medical technology firm designing, producing and distributing disposable medical products for critical care, anesthesia and surgical use cases. It serves healthcare providers across North America and some European markets, focusing on improving patient safety and clinical efficiency.

ATER vs SRTA — Head-to-Head

Bigger by revenue
SRTA
SRTA
1.5× larger
SRTA
$22.7M
$15.1M
ATER
Growing faster (revenue YoY)
SRTA
SRTA
+399.7% gap
SRTA
361.2%
-38.5%
ATER
More free cash flow
ATER
ATER
$9.1M more FCF
ATER
$-1.0M
$-10.2M
SRTA
Faster 2-yr revenue CAGR
ATER
ATER
Annualised
ATER
-13.5%
-33.6%
SRTA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ATER
ATER
SRTA
SRTA
Revenue
$15.1M
$22.7M
Net Profit
$-7.9M
Gross Margin
56.1%
-0.9%
Operating Margin
-51.1%
-18.4%
Net Margin
-52.5%
Revenue YoY
-38.5%
361.2%
Net Profit YoY
-512.2%
EPS (diluted)
$-0.11

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
SRTA
SRTA
Q4 25
$15.1M
$22.7M
Q3 25
$19.0M
$49.3M
Q2 25
$19.5M
$70.8M
Q1 25
$15.4M
$54.3M
Q4 24
$24.6M
$-8.7M
Q3 24
$26.2M
$36.1M
Q2 24
$28.0M
$67.9M
Q1 24
$20.2M
$51.5M
Net Profit
ATER
ATER
SRTA
SRTA
Q4 25
$-7.9M
Q3 25
$-2.3M
$57.4M
Q2 25
$-4.9M
$-3.7M
Q1 25
$-3.9M
$-3.5M
Q4 24
$-1.3M
Q3 24
$-1.8M
$-2.0M
Q2 24
$-3.6M
$-11.3M
Q1 24
$-5.2M
$-4.2M
Gross Margin
ATER
ATER
SRTA
SRTA
Q4 25
56.1%
-0.9%
Q3 25
56.1%
23.6%
Q2 25
54.3%
25.1%
Q1 25
61.4%
22.1%
Q4 24
63.4%
Q3 24
60.3%
20.8%
Q2 24
60.4%
24.1%
Q1 24
65.1%
19.7%
Operating Margin
ATER
ATER
SRTA
SRTA
Q4 25
-51.1%
-18.4%
Q3 25
-10.7%
-11.4%
Q2 25
-23.1%
-7.0%
Q1 25
-24.1%
-14.0%
Q4 24
-6.5%
Q3 24
-6.6%
-19.7%
Q2 24
-11.5%
-17.9%
Q1 24
-26.1%
-19.2%
Net Margin
ATER
ATER
SRTA
SRTA
Q4 25
-52.5%
Q3 25
-12.0%
116.5%
Q2 25
-25.0%
-5.3%
Q1 25
-25.4%
-6.4%
Q4 24
-5.3%
Q3 24
-6.8%
-5.4%
Q2 24
-13.0%
-16.7%
Q1 24
-25.5%
-8.2%
EPS (diluted)
ATER
ATER
SRTA
SRTA
Q4 25
$-0.11
Q3 25
$0.70
Q2 25
$-0.05
Q1 25
$-0.04
Q4 24
$-0.11
Q3 24
$-0.03
Q2 24
$-0.15
Q1 24
$-0.06

Balance Sheet & Financial Strength

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

Metric
ATER
ATER
SRTA
SRTA
Cash + ST InvestmentsLiquidity on hand
$4.9M
$31.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$15.2M
$279.1M
Total Assets
$29.6M
$325.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATER
ATER
SRTA
SRTA
Q4 25
$4.9M
$31.0M
Q3 25
$7.6M
$22.8M
Q2 25
$10.5M
$58.8M
Q1 25
$14.3M
$34.8M
Q4 24
$18.0M
$18.4M
Q3 24
$16.1M
$20.0M
Q2 24
$20.3M
$26.3M
Q1 24
$17.5M
$36.8M
Stockholders' Equity
ATER
ATER
SRTA
SRTA
Q4 25
$15.2M
$279.1M
Q3 25
$22.6M
$283.0M
Q2 25
$24.3M
$223.1M
Q1 25
$27.0M
$219.7M
Q4 24
$30.0M
$221.9M
Q3 24
$30.6M
$233.5M
Q2 24
$30.9M
$229.4M
Q1 24
$33.0M
$236.6M
Total Assets
ATER
ATER
SRTA
SRTA
Q4 25
$29.6M
$325.5M
Q3 25
$40.1M
$335.1M
Q2 25
$45.4M
$257.9M
Q1 25
$49.8M
$250.6M
Q4 24
$49.5M
$256.7M
Q3 24
$52.1M
$282.9M
Q2 24
$59.9M
$280.3M
Q1 24
$55.7M
$282.8M

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
SRTA
SRTA
Operating Cash FlowLast quarter
$-1.0M
$-8.3M
Free Cash FlowOCF − Capex
$-1.0M
$-10.2M
FCF MarginFCF / Revenue
-6.9%
-44.7%
Capex IntensityCapex / Revenue
0.0%
8.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-58.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATER
ATER
SRTA
SRTA
Q4 25
$-1.0M
$-8.3M
Q3 25
$-1.6M
$-37.3M
Q2 25
$-4.4M
$-3.1M
Q1 25
$-3.9M
$-246.0K
Q4 24
$-9.0K
$-1.8M
Q3 24
$-722.0K
$6.4M
Q2 24
$2.9M
$8.4M
Q1 24
$-6.0K
$-15.6M
Free Cash Flow
ATER
ATER
SRTA
SRTA
Q4 25
$-1.0M
$-10.2M
Q3 25
$-1.6M
$-40.1M
Q2 25
$-4.4M
$-5.4M
Q1 25
$-2.9M
Q4 24
$-6.3M
Q3 24
$-3.0M
Q2 24
$2.9M
$-7.7M
Q1 24
$-42.0K
$-16.4M
FCF Margin
ATER
ATER
SRTA
SRTA
Q4 25
-6.9%
-44.7%
Q3 25
-8.4%
-81.4%
Q2 25
-22.7%
-7.6%
Q1 25
-5.3%
Q4 24
72.7%
Q3 24
-8.2%
Q2 24
10.3%
-11.4%
Q1 24
-0.2%
-31.8%
Capex Intensity
ATER
ATER
SRTA
SRTA
Q4 25
0.0%
8.1%
Q3 25
0.2%
5.7%
Q2 25
0.0%
3.2%
Q1 25
0.0%
4.8%
Q4 24
0.0%
-52.6%
Q3 24
0.0%
25.8%
Q2 24
0.0%
23.8%
Q1 24
0.2%
1.6%
Cash Conversion
ATER
ATER
SRTA
SRTA
Q4 25
Q3 25
-0.65×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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%

SRTA
SRTA

Other Clinical$11.4M50%
Transplant Clinical$9.0M39%
Other$2.4M11%

Related Comparisons