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Aterian, Inc.（ATER）与Blaize Holdings, Inc.（BZAI）财务数据对比。点击上方公司名可切换其他公司
Blaize Holdings, Inc.的季度营收约是Aterian, Inc.的1.6倍（$23.8M vs $15.1M），Blaize Holdings, Inc.净利率更高（-13.9% vs -52.5%，领先38.7%），Blaize Holdings, Inc.同比增速更快（2377500.0% vs -38.5%），Aterian, Inc.自由现金流更多（$-1.0M vs $-16.5M）
Aterian, Inc.是一家技术驱动的消费品企业，依托人工智能与数据分析挖掘市场需求，开发、采购并销售家居、个护、健康、户外、宠物用品等多品类高性价比商品，主要通过全球主流电商平台销往北美、欧洲等核心市场。
Blaize Holdings Inc.是一家专注于边缘人工智能计算解决方案的科技企业，主打低能耗AI处理器、低延迟推理软件栈及端到端边缘AI开发工具，核心服务自动驾驶、工业自动化、智慧城市、边缘医疗监测等应用场景。
ATER vs BZAI — 直观对比
营收规模更大
BZAI
是对方的1.6倍
$15.1M
营收增速更快
BZAI
高出2377538.5%
-38.5%
净利率更高
BZAI
高出38.7%
-52.5%
自由现金流更多
ATER
多$15.5M
$-16.5M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $15.1M | $23.8M |
| 净利润 | $-7.9M | $-3.3M |
| 毛利率 | 56.1% | 10.8% |
| 营业利润率 | -51.1% | -89.8% |
| 净利率 | -52.5% | -13.9% |
| 营收同比 | -38.5% | 2377500.0% |
| 净利润同比 | -512.2% | 50.7% |
| 每股收益（稀释后） | — | $0.16 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ATERBZAI
| Q4 25 | $15.1M | $23.8M | ||
| Q3 25 | $19.0M | $11.9M | ||
| Q2 25 | $19.5M | — | ||
| Q1 25 | $15.4M | — | ||
| Q4 24 | $24.6M | — | ||
| Q3 24 | $26.2M | — | ||
| Q2 24 | $28.0M | — | ||
| Q1 24 | $20.2M | — |
净利润ATERBZAI
| Q4 25 | $-7.9M | $-3.3M | ||
| Q3 25 | $-2.3M | $-26.3M | ||
| Q2 25 | $-4.9M | — | ||
| Q1 25 | $-3.9M | — | ||
| Q4 24 | $-1.3M | — | ||
| Q3 24 | $-1.8M | — | ||
| Q2 24 | $-3.6M | — | ||
| Q1 24 | $-5.2M | — |
毛利率ATERBZAI
| Q4 25 | 56.1% | 10.8% | ||
| Q3 25 | 56.1% | 15.0% | ||
| Q2 25 | 54.3% | — | ||
| Q1 25 | 61.4% | — | ||
| Q4 24 | 63.4% | — | ||
| Q3 24 | 60.3% | — | ||
| Q2 24 | 60.4% | — | ||
| Q1 24 | 65.1% | — |
营业利润率ATERBZAI
| Q4 25 | -51.1% | -89.8% | ||
| Q3 25 | -10.7% | -190.3% | ||
| Q2 25 | -23.1% | — | ||
| Q1 25 | -24.1% | — | ||
| Q4 24 | -6.5% | — | ||
| Q3 24 | -6.6% | — | ||
| Q2 24 | -11.5% | — | ||
| Q1 24 | -26.1% | — |
净利率ATERBZAI
| Q4 25 | -52.5% | -13.9% | ||
| Q3 25 | -12.0% | -221.3% | ||
| Q2 25 | -25.0% | — | ||
| Q1 25 | -25.4% | — | ||
| Q4 24 | -5.3% | — | ||
| Q3 24 | -6.8% | — | ||
| Q2 24 | -13.0% | — | ||
| Q1 24 | -25.5% | — |
每股收益（稀释后）ATERBZAI
| Q4 25 | — | $0.16 | ||
| Q3 25 | — | $-0.25 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $4.9M | $45.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $15.2M | $39.0M |
| 总资产 | $29.6M | $102.2M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ATERBZAI
| Q4 25 | $4.9M | $45.8M | ||
| Q3 25 | $7.6M | $24.0M | ||
| Q2 25 | $10.5M | — | ||
| Q1 25 | $14.3M | — | ||
| Q4 24 | $18.0M | — | ||
| Q3 24 | $16.1M | — | ||
| Q2 24 | $20.3M | — | ||
| Q1 24 | $17.5M | — |
股东权益ATERBZAI
| Q4 25 | $15.2M | $39.0M | ||
| Q3 25 | $22.6M | $1.3M | ||
| Q2 25 | $24.3M | — | ||
| Q1 25 | $27.0M | — | ||
| Q4 24 | $30.0M | — | ||
| Q3 24 | $30.6M | — | ||
| Q2 24 | $30.9M | — | ||
| Q1 24 | $33.0M | — |
总资产ATERBZAI
| Q4 25 | $29.6M | $102.2M | ||
| Q3 25 | $40.1M | $60.9M | ||
| Q2 25 | $45.4M | — | ||
| Q1 25 | $49.8M | — | ||
| Q4 24 | $49.5M | — | ||
| Q3 24 | $52.1M | — | ||
| Q2 24 | $59.9M | — | ||
| Q1 24 | $55.7M | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-1.0M | $-16.5M |
| 自由现金流经营现金流 - 资本支出 | $-1.0M | $-16.5M |
| 自由现金流率自由现金流/营收 | -6.9% | -69.6% |
| 资本支出强度资本支出/营收 | 0.0% | 0.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ATERBZAI
| Q4 25 | $-1.0M | $-16.5M | ||
| Q3 25 | $-1.6M | $-24.9M | ||
| Q2 25 | $-4.4M | — | ||
| Q1 25 | $-3.9M | — | ||
| Q4 24 | $-9.0K | — | ||
| Q3 24 | $-722.0K | — | ||
| Q2 24 | $2.9M | — | ||
| Q1 24 | $-6.0K | — |
自由现金流ATERBZAI
| Q4 25 | $-1.0M | $-16.5M | ||
| Q3 25 | $-1.6M | $-24.9M | ||
| Q2 25 | $-4.4M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $2.9M | — | ||
| Q1 24 | $-42.0K | — |
自由现金流率ATERBZAI
| Q4 25 | -6.9% | -69.6% | ||
| Q3 25 | -8.4% | -210.2% | ||
| Q2 25 | -22.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 10.3% | — | ||
| Q1 24 | -0.2% | — |
资本支出强度ATERBZAI
| Q4 25 | 0.0% | 0.3% | ||
| Q3 25 | 0.2% | 0.2% | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.2% | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ATER
| Sales Channel Directly To Consumer | $13.1M | 87% |
| Heating Cooling And Air Quality | $2.1M | 14% |
BZAI
暂无分部数据
