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Aterian, Inc.（ATER）与KKR Real Estate Finance Trust Inc.（KREF）财务数据对比。点击上方公司名可切换其他公司
KKR Real Estate Finance Trust Inc.的季度营收约是Aterian, Inc.的1.7倍（$25.8M vs $15.1M），Aterian, Inc.净利率更高（-52.5% vs -101.7%，领先49.2%），KKR Real Estate Finance Trust Inc.同比增速更快（-26.6% vs -38.5%），过去两年Aterian, Inc.的营收复合增速更高（-13.5% vs -18.8%）
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。
KKR房地产金融信托公司是全球投资机构KKR旗下的专业房地产金融平台，主要发起、收购并管理优先担保商业地产贷款组合，抵押物多为美国各地的优质机构级商业地产，通过贷款利息收入为投资者提供稳定的经风险调整后的回报。
ATER vs KREF — 直观对比
营收规模更大
KREF
是对方的1.7倍
$15.1M
营收增速更快
KREF
高出11.9%
-38.5%
净利率更高
ATER
高出49.2%
-101.7%
两年增速更快
ATER
近两年复合增速
-18.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $15.1M | $25.8M |
| 净利润 | $-7.9M | $-26.2M |
| 毛利率 | 56.1% | — |
| 营业利润率 | -51.1% | -105.1% |
| 净利率 | -52.5% | -101.7% |
| 营收同比 | -38.5% | -26.6% |
| 净利润同比 | -512.2% | -229.6% |
| 每股收益（稀释后） | — | $-0.49 |
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ATERKREF
| Q4 25 | $15.1M | $25.8M | ||
| Q3 25 | $19.0M | $25.3M | ||
| Q2 25 | $19.5M | $30.2M | ||
| Q1 25 | $15.4M | $31.3M | ||
| Q4 24 | $24.6M | $35.1M | ||
| Q3 24 | $26.2M | $37.0M | ||
| Q2 24 | $28.0M | $40.4M | ||
| Q1 24 | $20.2M | $39.1M |
净利润ATERKREF
| Q4 25 | $-7.9M | $-26.2M | ||
| Q3 25 | $-2.3M | $13.8M | ||
| Q2 25 | $-4.9M | $-29.7M | ||
| Q1 25 | $-3.9M | $-4.9M | ||
| Q4 24 | $-1.3M | $20.3M | ||
| Q3 24 | $-1.8M | $-7.4M | ||
| Q2 24 | $-3.6M | $25.8M | ||
| Q1 24 | $-5.2M | $-3.1M |
毛利率ATERKREF
| 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% | — |
营业利润率ATERKREF
| Q4 25 | -51.1% | -105.1% | ||
| Q3 25 | -10.7% | 50.4% | ||
| Q2 25 | -23.1% | -101.3% | ||
| Q1 25 | -24.1% | -18.3% | ||
| Q4 24 | -6.5% | 55.8% | ||
| Q3 24 | -6.6% | -19.6% | ||
| Q2 24 | -11.5% | 63.3% | ||
| Q1 24 | -26.1% | -8.7% |
净利率ATERKREF
| Q4 25 | -52.5% | -101.7% | ||
| Q3 25 | -12.0% | 54.4% | ||
| Q2 25 | -25.0% | -98.5% | ||
| Q1 25 | -25.4% | -15.5% | ||
| Q4 24 | -5.3% | 57.7% | ||
| Q3 24 | -6.8% | -20.0% | ||
| Q2 24 | -13.0% | 63.9% | ||
| Q1 24 | -25.5% | -7.9% |
每股收益（稀释后）ATERKREF
| Q4 25 | — | $-0.49 | ||
| Q3 25 | — | $0.12 | ||
| Q2 25 | — | $-0.53 | ||
| Q1 25 | — | $-0.15 | ||
| Q4 24 | — | $0.22 | ||
| Q3 24 | — | $-0.19 | ||
| Q2 24 | — | $0.29 | ||
| Q1 24 | — | $-0.13 |
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 | $84.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $15.2M | $1.2B |
| 总资产 | $29.6M | $6.5B |
| 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ATERKREF
| Q4 25 | $4.9M | $84.6M | ||
| Q3 25 | $7.6M | $204.1M | ||
| Q2 25 | $10.5M | $107.7M | ||
| Q1 25 | $14.3M | $106.4M | ||
| Q4 24 | $18.0M | $104.9M | ||
| Q3 24 | $16.1M | $108.8M | ||
| Q2 24 | $20.3M | $107.2M | ||
| Q1 24 | $17.5M | $106.5M |
股东权益ATERKREF
| Q4 25 | $15.2M | $1.2B | ||
| Q3 25 | $22.6M | $1.2B | ||
| Q2 25 | $24.3M | $1.2B | ||
| Q1 25 | $27.0M | $1.3B | ||
| Q4 24 | $30.0M | $1.3B | ||
| Q3 24 | $30.6M | $1.4B | ||
| Q2 24 | $30.9M | $1.4B | ||
| Q1 24 | $33.0M | $1.4B |
总资产ATERKREF
| Q4 25 | $29.6M | $6.5B | ||
| Q3 25 | $40.1M | $6.5B | ||
| Q2 25 | $45.4M | $6.8B | ||
| Q1 25 | $49.8M | $6.6B | ||
| Q4 24 | $49.5M | $6.4B | ||
| Q3 24 | $52.1M | $6.8B | ||
| Q2 24 | $59.9M | $7.1B | ||
| Q1 24 | $55.7M | $7.3B |
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 | $72.3M |
| 自由现金流经营现金流 - 资本支出 | $-1.0M | — |
| 自由现金流率自由现金流/营收 | -6.9% | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 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ATERKREF
| Q4 25 | $-1.0M | $72.3M | ||
| Q3 25 | $-1.6M | $18.5M | ||
| Q2 25 | $-4.4M | $21.1M | ||
| Q1 25 | $-3.9M | $15.9M | ||
| Q4 24 | $-9.0K | $132.6M | ||
| Q3 24 | $-722.0K | $49.1M | ||
| Q2 24 | $2.9M | $30.6M | ||
| Q1 24 | $-6.0K | $34.5M |
自由现金流ATERKREF
| Q4 25 | $-1.0M | — | ||
| Q3 25 | $-1.6M | — | ||
| Q2 25 | $-4.4M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $2.9M | — | ||
| Q1 24 | $-42.0K | — |
自由现金流率ATERKREF
| Q4 25 | -6.9% | — | ||
| Q3 25 | -8.4% | — | ||
| Q2 25 | -22.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 10.3% | — | ||
| Q1 24 | -0.2% | — |
资本支出强度ATERKREF
| Q4 25 | 0.0% | — | ||
| Q3 25 | 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% | — |
现金转化率ATERKREF
| Q4 25 | — | — | ||
| Q3 25 | — | 1.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.19× | ||
| Q1 24 | — | — |
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% |
KREF
暂无分部数据
