vs
Aterian, Inc.（ATER）与REDWOOD TRUST INC（RWT）财务数据对比。点击上方公司名可切换其他公司
REDWOOD TRUST INC的季度营收约是Aterian, Inc.的1.7倍（$25.9M vs $15.1M），REDWOOD TRUST INC净利率更高（77.2% vs -52.5%，领先129.7%），REDWOOD TRUST INC同比增速更快（-6.1% vs -38.5%），过去两年Aterian, Inc.的营收复合增速更高（-13.5% vs -41.0%）
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。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
ATER vs RWT — 直观对比
营收规模更大
RWT
是对方的1.7倍
$15.1M
营收增速更快
RWT
高出32.4%
-38.5%
净利率更高
RWT
高出129.7%
-52.5%
两年增速更快
ATER
近两年复合增速
-41.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $15.1M | $25.9M |
| 净利润 | $-7.9M | $20.0M |
| 毛利率 | 56.1% | — |
| 营业利润率 | -51.1% | — |
| 净利率 | -52.5% | 77.2% |
| 营收同比 | -38.5% | -6.1% |
| 净利润同比 | -512.2% | 402.6% |
| 每股收益（稀释后） | — | $0.11 |
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ATERRWT
| Q4 25 | $15.1M | $25.9M | ||
| Q3 25 | $19.0M | $15.0M | ||
| Q2 25 | $19.5M | $13.8M | ||
| Q1 25 | $15.4M | $27.9M | ||
| Q4 24 | $24.6M | $27.6M | ||
| Q3 24 | $26.2M | $25.5M | ||
| Q2 24 | $28.0M | $67.4M | ||
| Q1 24 | $20.2M | $74.5M |
净利润ATERRWT
| Q4 25 | $-7.9M | $20.0M | ||
| Q3 25 | $-2.3M | $-7.7M | ||
| Q2 25 | $-4.9M | $-98.5M | ||
| Q1 25 | $-3.9M | $16.1M | ||
| Q4 24 | $-1.3M | $-6.6M | ||
| Q3 24 | $-1.8M | $14.8M | ||
| Q2 24 | $-3.6M | $15.5M | ||
| Q1 24 | $-5.2M | $30.3M |
毛利率ATERRWT
| 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ATERRWT
| Q4 25 | -51.1% | — | ||
| Q3 25 | -10.7% | -9.0% | ||
| Q2 25 | -23.1% | -679.0% | ||
| Q1 25 | -24.1% | 80.2% | ||
| Q4 24 | -6.5% | -1.3% | ||
| Q3 24 | -6.6% | 86.1% | ||
| Q2 24 | -11.5% | 30.3% | ||
| Q1 24 | -26.1% | 41.3% |
净利率ATERRWT
| Q4 25 | -52.5% | 77.2% | ||
| Q3 25 | -12.0% | -51.4% | ||
| Q2 25 | -25.0% | -712.0% | ||
| Q1 25 | -25.4% | 57.8% | ||
| Q4 24 | -5.3% | -24.0% | ||
| Q3 24 | -6.8% | 58.1% | ||
| Q2 24 | -13.0% | 23.0% | ||
| Q1 24 | -25.5% | 40.6% |
每股收益（稀释后）ATERRWT
| Q4 25 | — | $0.11 | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | — | $-0.76 | ||
| Q1 25 | — | $0.10 | ||
| Q4 24 | — | $-0.08 | ||
| Q3 24 | — | $0.09 | ||
| Q2 24 | — | $0.10 | ||
| Q1 24 | — | $0.21 |
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 | $255.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $15.2M | $982.6M |
| 总资产 | $29.6M | $23.7B |
| 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ATERRWT
| Q4 25 | $4.9M | $255.7M | ||
| Q3 25 | $7.6M | $226.3M | ||
| Q2 25 | $10.5M | $302.0M | ||
| Q1 25 | $14.3M | $259.9M | ||
| Q4 24 | $18.0M | $245.2M | ||
| Q3 24 | $16.1M | $253.7M | ||
| Q2 24 | $20.3M | $275.6M | ||
| Q1 24 | $17.5M | $275.4M |
总债务ATERRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.7B |
股东权益ATERRWT
| Q4 25 | $15.2M | $982.6M | ||
| Q3 25 | $22.6M | $999.0M | ||
| Q2 25 | $24.3M | $1.1B | ||
| Q1 25 | $27.0M | $1.2B | ||
| Q4 24 | $30.0M | $1.2B | ||
| Q3 24 | $30.6M | $1.2B | ||
| Q2 24 | $30.9M | $1.2B | ||
| Q1 24 | $33.0M | $1.2B |
总资产ATERRWT
| Q4 25 | $29.6M | $23.7B | ||
| Q3 25 | $40.1M | $22.6B | ||
| Q2 25 | $45.4M | $21.3B | ||
| Q1 25 | $49.8M | $19.9B | ||
| Q4 24 | $49.5M | $18.3B | ||
| Q3 24 | $52.1M | $18.4B | ||
| Q2 24 | $59.9M | $16.5B | ||
| Q1 24 | $55.7M | $15.1B |
负债/权益比ATERRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.39× |
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 | $-10.1B |
| 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 | — | -504.15× |
| 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ATERRWT
| Q4 25 | $-1.0M | $-10.1B | ||
| Q3 25 | $-1.6M | $-2.7B | ||
| Q2 25 | $-4.4M | $-2.1B | ||
| Q1 25 | $-3.9M | $-2.0B | ||
| Q4 24 | $-9.0K | $-5.9B | ||
| Q3 24 | $-722.0K | $-2.1B | ||
| Q2 24 | $2.9M | $-2.0B | ||
| Q1 24 | $-6.0K | $-954.2M |
自由现金流ATERRWT
| 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ATERRWT
| 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ATERRWT
| 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ATERRWT
| Q4 25 | — | -504.15× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -120.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -140.86× | ||
| Q2 24 | — | -126.56× | ||
| Q1 24 | — | -31.53× |
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% |
RWT
暂无分部数据
