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Side-by-side financial comparison of Aterian, Inc. (ATER) and WESTWOOD HOLDINGS GROUP INC (WHG). Click either name above to swap in a different company.

WESTWOOD HOLDINGS GROUP INC is the larger business by last-quarter revenue ($27.1M vs $15.1M, roughly 1.8× Aterian, Inc.). WESTWOOD HOLDINGS GROUP INC runs the higher net margin — 6.8% vs -52.5%, a 59.3% gap on every dollar of revenue. On growth, Aterian, Inc. posted the faster year-over-year revenue change (-38.5% vs -41.7%). WESTWOOD HOLDINGS GROUP INC produced more free cash flow last quarter ($18.8M vs $-1.0M). Over the past eight quarters, WESTWOOD HOLDINGS GROUP INC's revenue compounded faster (9.2% 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.

Westwood Studios, Inc. was an American video game developer based in Las Vegas, Nevada. It was founded by Brett Sperry and Louis Castle in 1985 as Brelous Software, but got changed after 2 months into Westwood Associates and was renamed to Westwood Studios when Virgin Games bought the company in 1992. The company was bought by Electronic Arts alongside Virgin Interactive's North American operations in 1998. In January 2003, it was announced that Westwood, alongside Westwood Pacific, would be ...

ATER vs WHG — Head-to-Head

Bigger by revenue
WHG
WHG
1.8× larger
WHG
$27.1M
$15.1M
ATER
Growing faster (revenue YoY)
ATER
ATER
+3.2% gap
ATER
-38.5%
-41.7%
WHG
Higher net margin
WHG
WHG
59.3% more per $
WHG
6.8%
-52.5%
ATER
More free cash flow
WHG
WHG
$19.9M more FCF
WHG
$18.8M
$-1.0M
ATER
Faster 2-yr revenue CAGR
WHG
WHG
Annualised
WHG
9.2%
-13.5%
ATER

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ATER
ATER
WHG
WHG
Revenue
$15.1M
$27.1M
Net Profit
$-7.9M
$1.8M
Gross Margin
56.1%
Operating Margin
-51.1%
8.0%
Net Margin
-52.5%
6.8%
Revenue YoY
-38.5%
-41.7%
Net Profit YoY
-512.2%
-50.5%
EPS (diluted)
$0.21

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
WHG
WHG
Q4 25
$15.1M
$27.1M
Q3 25
$19.0M
$24.3M
Q2 25
$19.5M
$23.1M
Q1 25
$15.4M
$23.3M
Q4 24
$24.6M
$46.5M
Q3 24
$26.2M
$23.7M
Q2 24
$28.0M
$22.7M
Q1 24
$20.2M
$22.7M
Net Profit
ATER
ATER
WHG
WHG
Q4 25
$-7.9M
$1.8M
Q3 25
$-2.3M
$3.7M
Q2 25
$-4.9M
$1.0M
Q1 25
$-3.9M
$478.0K
Q4 24
$-1.3M
$3.7M
Q3 24
$-1.8M
$-1.2M
Q2 24
$-3.6M
$-378.0K
Q1 24
$-5.2M
$50.0K
Gross Margin
ATER
ATER
WHG
WHG
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
WHG
WHG
Q4 25
-51.1%
8.0%
Q3 25
-10.7%
8.3%
Q2 25
-23.1%
3.8%
Q1 25
-24.1%
-0.3%
Q4 24
-6.5%
10.0%
Q3 24
-6.6%
-2.1%
Q2 24
-11.5%
-18.4%
Q1 24
-26.1%
12.9%
Net Margin
ATER
ATER
WHG
WHG
Q4 25
-52.5%
6.8%
Q3 25
-12.0%
15.4%
Q2 25
-25.0%
4.5%
Q1 25
-25.4%
2.1%
Q4 24
-5.3%
14.5%
Q3 24
-6.8%
-5.0%
Q2 24
-13.0%
-1.7%
Q1 24
-25.5%
0.2%
EPS (diluted)
ATER
ATER
WHG
WHG
Q4 25
$0.21
Q3 25
$0.41
Q2 25
$0.12
Q1 25
$0.05
Q4 24
$0.45
Q3 24
$-0.15
Q2 24
$-0.05
Q1 24
$0.01

Balance Sheet & Financial Strength

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

Metric
ATER
ATER
WHG
WHG
Cash + ST InvestmentsLiquidity on hand
$4.9M
$47.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$15.2M
$125.6M
Total Assets
$29.6M
$162.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATER
ATER
WHG
WHG
Q4 25
$4.9M
$47.7M
Q3 25
$7.6M
$41.3M
Q2 25
$10.5M
$35.2M
Q1 25
$14.3M
$29.1M
Q4 24
$18.0M
$46.5M
Q3 24
$16.1M
$48.3M
Q2 24
$20.3M
$44.1M
Q1 24
$17.5M
$46.6M
Stockholders' Equity
ATER
ATER
WHG
WHG
Q4 25
$15.2M
$125.6M
Q3 25
$22.6M
$123.9M
Q2 25
$24.3M
$122.4M
Q1 25
$27.0M
$121.4M
Q4 24
$30.0M
$120.3M
Q3 24
$30.6M
$120.4M
Q2 24
$30.9M
$120.5M
Q1 24
$33.0M
$123.8M
Total Assets
ATER
ATER
WHG
WHG
Q4 25
$29.6M
$162.3M
Q3 25
$40.1M
$154.0M
Q2 25
$45.4M
$146.3M
Q1 25
$49.8M
$135.0M
Q4 24
$49.5M
$150.0M
Q3 24
$52.1M
$151.5M
Q2 24
$59.9M
$147.4M
Q1 24
$55.7M
$149.0M

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
WHG
WHG
Operating Cash FlowLast quarter
$-1.0M
$18.9M
Free Cash FlowOCF − Capex
$-1.0M
$18.8M
FCF MarginFCF / Revenue
-6.9%
69.5%
Capex IntensityCapex / Revenue
0.0%
0.3%
Cash ConversionOCF / Net Profit
10.29×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATER
ATER
WHG
WHG
Q4 25
$-1.0M
$18.9M
Q3 25
$-1.6M
$8.5M
Q2 25
$-4.4M
$7.3M
Q1 25
$-3.9M
$-4.9M
Q4 24
$-9.0K
$21.1M
Q3 24
$-722.0K
$529.0K
Q2 24
$2.9M
$3.6M
Q1 24
$-6.0K
$8.1M
Free Cash Flow
ATER
ATER
WHG
WHG
Q4 25
$-1.0M
$18.8M
Q3 25
$-1.6M
$8.5M
Q2 25
$-4.4M
Q1 25
$-4.9M
Q4 24
$21.0M
Q3 24
$519.0K
Q2 24
$2.9M
$3.5M
Q1 24
$-42.0K
$8.1M
FCF Margin
ATER
ATER
WHG
WHG
Q4 25
-6.9%
69.5%
Q3 25
-8.4%
34.8%
Q2 25
-22.7%
Q1 25
-21.1%
Q4 24
45.2%
Q3 24
2.2%
Q2 24
10.3%
15.6%
Q1 24
-0.2%
35.8%
Capex Intensity
ATER
ATER
WHG
WHG
Q4 25
0.0%
0.3%
Q3 25
0.2%
0.3%
Q2 25
0.0%
0.0%
Q1 25
0.0%
0.0%
Q4 24
0.0%
0.2%
Q3 24
0.0%
0.0%
Q2 24
0.0%
0.1%
Q1 24
0.2%
0.0%
Cash Conversion
ATER
ATER
WHG
WHG
Q4 25
10.29×
Q3 25
2.29×
Q2 25
7.08×
Q1 25
-10.25×
Q4 24
5.69×
Q3 24
Q2 24
Q1 24
162.66×

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%

WHG
WHG

Advisory$21.0M78%
Fiduciary And Trust$5.6M21%

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