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Aterian, Inc.（ATER）与NexPoint Real Estate Finance, Inc.（NREF）财务数据对比。点击上方公司名可切换其他公司
Aterian, Inc.的季度营收约是NexPoint Real Estate Finance, Inc.的1.4倍（$15.1M vs $11.1M），NexPoint Real Estate Finance, Inc.净利率更高（216.6% vs -52.5%，领先269.1%），Aterian, Inc.同比增速更快（-38.5% vs -48.8%）
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。
NexPoint Real Estate Finance, Inc.是一家总部位于美国的商业地产金融企业，主要为多户住宅、写字楼、工业及酒店物业提供结构化融资方案，运营并管理抵押贷款及其他地产相关投资组合，为利益相关方提供经风险调整的稳定回报。
ATER vs NREF — 直观对比
营收规模更大
ATER
是对方的1.4倍
$11.1M
营收增速更快
ATER
高出10.3%
-48.8%
净利率更高
NREF
高出269.1%
-52.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $15.1M | $11.1M |
| 净利润 | $-7.9M | $24.0M |
| 毛利率 | 56.1% | — |
| 营业利润率 | -51.1% | — |
| 净利率 | -52.5% | 216.6% |
| 营收同比 | -38.5% | -48.8% |
| 净利润同比 | -512.2% | 58.7% |
| 每股收益（稀释后） | — | $0.47 |
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ATERNREF
| Q4 25 | $15.1M | $11.1M | ||
| Q3 25 | $19.0M | $12.5M | ||
| Q2 25 | $19.5M | $12.1M | ||
| Q1 25 | $15.4M | $11.5M | ||
| Q4 24 | $24.6M | $21.7M | ||
| Q3 24 | $26.2M | $12.5M | ||
| Q2 24 | $28.0M | $6.7M | ||
| Q1 24 | $20.2M | $-12.8M |
净利润ATERNREF
| Q4 25 | $-7.9M | $24.0M | ||
| Q3 25 | $-2.3M | $50.9M | ||
| Q2 25 | $-4.9M | $22.3M | ||
| Q1 25 | $-3.9M | $26.0M | ||
| Q4 24 | $-1.3M | $15.2M | ||
| Q3 24 | $-1.8M | $23.3M | ||
| Q2 24 | $-3.6M | $12.1M | ||
| Q1 24 | $-5.2M | $-14.6M |
毛利率ATERNREF
| 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ATERNREF
| Q4 25 | -51.1% | — | ||
| Q3 25 | -10.7% | — | ||
| 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ATERNREF
| Q4 25 | -52.5% | 216.6% | ||
| Q3 25 | -12.0% | 407.0% | ||
| Q2 25 | -25.0% | 184.5% | ||
| Q1 25 | -25.4% | 225.6% | ||
| Q4 24 | -5.3% | 69.9% | ||
| Q3 24 | -6.8% | 186.4% | ||
| Q2 24 | -13.0% | 179.7% | ||
| Q1 24 | -25.5% | 114.3% |
每股收益（稀释后）ATERNREF
| Q4 25 | — | $0.47 | ||
| Q3 25 | — | $1.14 | ||
| Q2 25 | — | $0.54 | ||
| Q1 25 | — | $0.70 | ||
| Q4 24 | — | $0.71 | ||
| Q3 24 | — | $0.74 | ||
| Q2 24 | — | $0.40 | ||
| Q1 24 | — | $-0.83 |
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 | $31.1M |
| 总债务越低越好 | — | $771.2M |
| 股东权益账面价值 | $15.2M | $388.0M |
| 总资产 | $29.6M | $5.3B |
| 负债/权益比越低杠杆越低 | — | 1.99× |
8季度趋势，按日历期对齐
现金及短期投资ATERNREF
| Q4 25 | $4.9M | $31.1M | ||
| Q3 25 | $7.6M | $17.9M | ||
| Q2 25 | $10.5M | $9.1M | ||
| Q1 25 | $14.3M | $19.2M | ||
| Q4 24 | $18.0M | $3.9M | ||
| Q3 24 | $16.1M | $34.7M | ||
| Q2 24 | $20.3M | $4.3M | ||
| Q1 24 | $17.5M | $13.5M |
总债务ATERNREF
| Q4 25 | — | $771.2M | ||
| Q3 25 | — | $720.9M | ||
| Q2 25 | — | $815.6M | ||
| Q1 25 | — | $831.5M | ||
| Q4 24 | — | $799.3M | ||
| Q3 24 | — | $815.5M | ||
| Q2 24 | — | $861.0M | ||
| Q1 24 | — | $843.3M |
股东权益ATERNREF
| Q4 25 | $15.2M | $388.0M | ||
| Q3 25 | $22.6M | $375.4M | ||
| Q2 25 | $24.3M | $348.2M | ||
| Q1 25 | $27.0M | $343.7M | ||
| Q4 24 | $30.0M | $336.5M | ||
| Q3 24 | $30.6M | $335.8M | ||
| Q2 24 | $30.9M | $327.5M | ||
| Q1 24 | $33.0M | $327.1M |
总资产ATERNREF
| Q4 25 | $29.6M | $5.3B | ||
| Q3 25 | $40.1M | $5.3B | ||
| Q2 25 | $45.4M | $5.4B | ||
| Q1 25 | $49.8M | $5.4B | ||
| Q4 24 | $49.5M | $5.4B | ||
| Q3 24 | $52.1M | $5.7B | ||
| Q2 24 | $59.9M | $6.6B | ||
| Q1 24 | $55.7M | $7.1B |
负债/权益比ATERNREF
| Q4 25 | — | 1.99× | ||
| Q3 25 | — | 1.92× | ||
| Q2 25 | — | 2.34× | ||
| Q1 25 | — | 2.42× | ||
| Q4 24 | — | 2.38× | ||
| Q3 24 | — | 2.43× | ||
| Q2 24 | — | 2.63× | ||
| Q1 24 | — | 2.58× |
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 | $-4.5M |
| 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 | — | -0.19× |
| 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ATERNREF
| Q4 25 | $-1.0M | $-4.5M | ||
| Q3 25 | $-1.6M | $8.1M | ||
| Q2 25 | $-4.4M | $3.3M | ||
| Q1 25 | $-3.9M | $16.0M | ||
| Q4 24 | $-9.0K | $4.4M | ||
| Q3 24 | $-722.0K | $14.7M | ||
| Q2 24 | $2.9M | $-7.5M | ||
| Q1 24 | $-6.0K | $17.7M |
自由现金流ATERNREF
| 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ATERNREF
| 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ATERNREF
| 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ATERNREF
| Q4 25 | — | -0.19× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.62× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | — | 0.63× | ||
| Q2 24 | — | -0.62× | ||
| 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% |
NREF
暂无分部数据
