NASDAQ : ATER
Aterian, Inc. — Financial statements
Consumer Discretionary · Furnishings, Fixtures & Appliances · United States
Last price 0.7571 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 12.37M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Aterian, Inc. (ATER) reported revenue of 68.85M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 68.85M | 68.97M | 99.05M | 142.57M | 221.17M | 247.77M |
| Cost of Revenue | 29.78M | 29.82M | 37.55M | 72.28M | 115.65M | 120.45M |
| Gross Profit | 39.07M | 39.15M | 61.49M | 70.28M | 105.52M | 127.32M |
| Selling, General & Admin | 53.47M | 53.30M | 73.32M | 102.13M | 156.78M | 171.17M |
| Research & Development | 4.62M | 6.01M | 9.84M | |||
| Operating Expenses | 53.47M | 53.30M | 73.32M | 106.75M | 162.79M | 181.00M |
| Operating Income | -14.40M | -14.15M | -11.82M | -36.46M | -57.27M | -53.68M |
| Interest Expense | -1.03M | -957.00K | -1.22M | -2.12M | -2.70M | -13.25M |
| Interest & Investment Income | 178.00K | 106.00K | 269.00K | 704.00K | 93.00K | 595.00K |
| Currency Exchange Gain (Loss) | -300.00K | -300.00K | 100.00K | 200.00K | ||
| Other Non Operating Income (Expenses) | -76.00K | 181.00K | 763.00K | 1.98M | -17.92M | -49.90M |
| EBT Excluding Unusual Items | -15.63M | -15.12M | -11.91M | -35.70M | -77.79M | -116.24M |
| Merger & Restructuring Charges | -5.46M | |||||
| Impairment of Goodwill | -120.41M | |||||
| Asset Writedown | -3.82M | -3.82M | -39.73M | -3.12M | ||
| Legal Settlements | -2.60M | -1.30M | ||||
| Other Unusual Items | 295.00K | 7.25M | -112.49M | |||
| Pretax Income | -19.16M | -18.94M | -11.91M | -75.43M | -196.67M | -235.49M |
| Income Tax Expense | 41.00K | 41.00K | -47.00K | -867.00K | -376.00K | 532.00K |
| Net Income | -16.85M | -18.98M | -11.86M | -74.56M | -196.29M | -236.02M |
| Net Income to Common | -16.85M | -18.98M | -11.86M | -74.56M | -196.29M | -236.02M |
| Shares Outstanding (Basic) | 8.65M | 7.93M | 7.07M | 6.52M | 5.54M | 2.95M |
| Shares Outstanding (Diluted) | 8.65M | 7.93M | 7.07M | 6.52M | 5.54M | 2.95M |
| EPS (Basic) | -1.95 | -2.39 | -1.68 | -11.43 | -35.41 | -80.06 |
| EPS (Diluted) | -1.95 | -2.39 | -1.68 | -11.43 | -35.41 | -80.06 |
| Free Cash Flow | -2.60M | -10.95M | 2.12M | -13.51M | -17.56M | -42.00M |
| Free Cash Flow Per Share | -0.30 | -1.38 | 0.30 | -2.07 | -3.17 | -14.25 |
| Gross Margin | 56.75% | 56.76% | 62.09% | 49.30% | 47.71% | 51.39% |
| Operating Margin | -20.91% | -20.52% | -11.94% | -25.58% | -25.90% | -21.67% |
| Profit Margin | -24.47% | -27.52% | -11.98% | -52.30% | -88.75% | -95.26% |
| Free Cash Flow Margin | -3.77% | -15.87% | 2.14% | -9.47% | -7.94% | -16.95% |
| EBITDA | -12.96M | -12.53M | -10.13M | -32.58M | -49.75M | -46.36M |
| EBITDA Margin | -18.83% | -18.17% | -10.23% | -22.85% | -22.49% | -18.71% |
| D&A For EBITDA | 1.44M | 1.62M | 1.69M | 3.89M | 7.52M | 7.33M |
| EBIT | -14.40M | -14.15M | -11.82M | -36.46M | -57.27M | -53.68M |
| EBIT Margin | -20.91% | -20.52% | -11.94% | -25.57% | -25.90% | -21.67% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.55M | 4.86M | 18.00M | 20.02M | 43.57M | 30.32M |
| Cash & Short-Term Investments | 2.55M | 4.86M | 18.00M | 20.02M | 43.57M | 30.32M |
| Receivables | 2.46M | 3.78M | 4.22M | 4.51M | 10.48M | |
| Inventory | 49.00K | 14.24M | 14.65M | 21.01M | 45.01M | 67.18M |
| Prepaid Expenses | 782.00K | 951.00K | 673.00K | 1.46M | 2.57M | 4.70M |
| Restricted Cash | 1.01M | 1.01M | 1.01M | 2.04M | 2.93M | 8.00M |
| Other Current Assets | 18.89M | 555.00K | 598.00K | 881.00K | 1.43M | 4.20M |
| Total Current Assets | 23.27M | 24.07M | 38.72M | 49.64M | 100.02M | 124.87M |
| Property, Plant & Equipment | 729.00K | 685.00K | 775.00K | 853.00K | 1.25M | |
| Goodwill | 119.94M | |||||
| Other Intangible Assets | 4.37M | 9.76M | 11.32M | 54.76M | 64.95M | |
| Other Long-Term Assets | 255.00K | 389.00K | 381.00K | 138.00K | 813.00K | 2.55M |
| Total Assets | 23.53M | 29.56M | 49.54M | 61.87M | 156.44M | 313.57M |
| Accounts Payable | 2.79M | 3.12M | 3.08M | 4.19M | 16.04M | 21.72M |
| Accrued Expenses | 3.92M | 5.66M | 8.40M | 7.84M | 10.13M | 17.03M |
| Short-Term Debt | 38.00K | 4.63M | 7.41M | 12.15M | 22.75M | 40.42M |
| Other Current Liabilities | 4.16M | 720.00K | 399.00K | 1.27M | 4.12M | 4.57M |
| Total Current Liabilities | 10.91M | 14.13M | 19.30M | 25.45M | 53.03M | 83.74M |
| Other Long-Term Liabilities | 225.00K | 227.00K | 391.00K | 1.45M | 5.60M | |
| Total Liabilities | 10.91M | 14.35M | 19.52M | 25.84M | 54.49M | 89.34M |
| Common Stock | 9.00K | 9.00K | 9.00K | 9.00K | 8.00K | 5.00K |
| Additional Paid-In Capital | 750.50M | 746.41M | 742.59M | 736.67M | 728.34M | 653.65M |
| Retained Earnings | -737.28M | -730.66M | -711.68M | -699.82M | -625.25M | -428.96M |
| Comprehensive Income & Other | -610.00K | -552.00K | -906.00K | -838.00K | -1.14M | -468.00K |
| Shareholders' Equity | 12.62M | 15.21M | 30.02M | 36.03M | 101.95M | 224.23M |
| Total Liabilities & Equity | 23.53M | 29.56M | 49.54M | 61.87M | 156.44M | 313.57M |
| Total Debt | 38.00K | 4.63M | 7.41M | 12.15M | 22.75M | 40.42M |
| Net Cash (Debt) | 2.51M | 230.00K | 10.58M | 7.88M | 20.83M | -10.11M |
| Net Cash Per Share | 0.29 | 0.03 | 1.50 | 1.21 | 3.76 | -3.43 |
| Filing Date Shares Outstanding | 16.34M | 9.49M | 7.44M | 6.83M | 6.40M | 5.00M |
| Total Common Shares Outstanding | 9.25M | 8.69M | 7.44M | 6.67M | 6.38M | 4.42M |
| Working Capital | 12.36M | 9.95M | 19.42M | 24.19M | 46.98M | 41.13M |
| Book Value Per Share | 1.36 | 1.75 | 4.03 | 5.40 | 15.99 | 50.78 |
| Tangible Book Value | 12.62M | 10.84M | 20.26M | 24.71M | 47.20M | 39.33M |
| Tangible Book Value Per Share | 1.36 | 1.25 | 2.72 | 3.71 | 7.40 | 8.91 |
| Buildings | 841.00K | 783.00K | 796.00K | 638.00K | 723.00K | |
| Machinery | 542.00K | 479.00K | 475.00K | 1.20M | 1.03M | |
| Leasehold Improvements | 2.00K | 56.00K | 56.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -16.85M | -18.98M | -11.86M | -74.56M | -196.29M | -236.02M |
| Depreciation & Amortization | 1.44M | 1.62M | 1.69M | 3.89M | 7.52M | 7.33M |
| Other Amortization | 184.00K | 165.00K | 198.00K | 429.00K | 429.00K | 7.74M |
| Asset Writedown & Restructuring Costs | 3.82M | 3.82M | 39.73M | 123.53M | ||
| Stock-Based Compensation | 2.32M | 2.18M | 7.51M | 8.34M | 14.59M | 28.99M |
| Provision & Write-off of Bad Debts | -147.00K | -147.00K | 16.00K | 85.00K | 367.00K | 4.20M |
| Other Operating Activities | -2.00M | 556.00K | -3.61M | -6.83M | 12.69M | 163.39M |
| Change in Accounts Receivable | 1.48M | 1.47M | 427.00K | 205.00K | 5.60M | -4.55M |
| Change in Inventory | -780.00K | -794.00K | 9.38M | 26.43M | 19.44M | -19.30M |
| Change in Accounts Payable | 596.00K | -964.00K | -2.34M | -13.68M | -10.91M | 14.12M |
| Change in Other Net Operating Assets | 240.00K | 183.00K | 762.00K | 2.60M | 5.56M | -7.86M |
| Operating Cash Flow | -2.53M | -10.89M | 2.17M | -13.39M | -17.48M | -41.97M |
| Capital Expenditures | -63.00K | -51.00K | -42.00K | -119.00K | -82.00K | -32.00K |
| Cash Acquisitions | -125.00K | -595.00K | -44.87M | |||
| Investment in Securities | -200.00K | |||||
| Investing Cash Flow | -63.00K | -51.00K | -242.00K | -244.00K | -677.00K | -44.91M |
| Short-Term Debt Issued | 43.31M | 60.87M | 79.81M | 136.69M | 48.75M | |
| Long-Term Debt Issued | 1.20M | 700.00K | 986.00K | 2.10M | 126.45M | |
| Total Debt Issued | 29.87M | 44.51M | 61.57M | 80.79M | 138.79M | 175.20M |
| Short-Term Debt Repaid | -46.32M | -65.80M | -90.86M | -152.33M | -38.77M | |
| Long-Term Debt Repaid | -711.00K | -682.00K | -1.04M | -2.31M | -100.19M | |
| Total Debt Repaid | -38.32M | -47.03M | -66.48M | -91.90M | -154.64M | -138.96M |
| Net Debt Issued (Repaid) | -8.46M | -2.52M | -4.91M | -11.11M | -15.86M | 36.24M |
| Issuance of Common Stock | 46.83M | 54.85M | ||||
| Other Financing Activities | -3.98M | 4.47M | ||||
| Financing Cash Flow | -5.23M | -2.52M | -4.91M | -11.11M | 27.00M | 95.57M |
| Foreign Exchange Rate Adjustments | -177.00K | 323.00K | -61.00K | 306.00K | -528.00K | -477.00K |
| Net Cash Flow | -8.00M | -13.14M | -3.05M | -24.43M | 8.31M | 8.22M |
| Free Cash Flow | -2.60M | -10.95M | 2.12M | -13.51M | -17.56M | -42.00M |
| Free Cash Flow Margin | -3.77% | -15.87% | 2.14% | -9.47% | -7.94% | -16.95% |
| Free Cash Flow Per Share | -0.30 | -1.38 | 0.30 | -2.07 | -3.17 | -14.25 |
| Levered Free Cash Flow | -4.09M | -6.41M | 8.68M | -1.74M | 10.07M | -25.32M |
| Unlevered Free Cash Flow | -3.63M | -5.98M | 9.24M | -845.75K | 11.32M | -24.78M |
| Cash Interest Paid | 1.03M | 882.00K | 1.14M | 1.72M | 1.88M | 5.61M |
| Cash Income Tax Paid | 6.00K | 50.00K | 152.00K | 94.00K | 100.00K | 41.00K |
| Change in Working Capital | 1.53M | -106.00K | 8.22M | 15.54M | 19.69M | -17.59M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 12.37M | 5.63M | 17.58M | 28.08M | 58.75M | 207.98M |
| Enterprise Value | 9.86M | 4.65M | 8.71M | 15.50M | 59.25M | 204.79M |
| Last Close Price | 0.76 | 0.70 | 2.40 | 4.18 | 9.24 | 49.32 |
| Forward PE | 78.39 | 78.39 | 78.39 | 78.39 | 78.39 | |
| PS Ratio | 0.18 | 0.08 | 0.18 | 0.20 | 0.27 | 0.84 |
| PB Ratio | 0.56 | 0.37 | 0.59 | 0.78 | 0.58 | 0.93 |
| P/TBV Ratio | 0.98 | 0.52 | 0.87 | 1.14 | 1.25 | 5.29 |
| P/FCF Ratio | 8.28 | |||||
| P/OCF Ratio | 8.12 | |||||
| PEG Ratio | 7.84 | 7.84 | 7.84 | 7.84 | 7.84 | |
| EV/Sales Ratio | 0.14 | 0.07 | 0.09 | 0.11 | 0.27 | 0.83 |
| EV/FCF Ratio | 4.10 | |||||
| Debt / Equity Ratio | 0.00 | 0.30 | 0.25 | 0.34 | 0.22 | 0.18 |
| Debt / FCF Ratio | 3.49 | |||||
| Net Debt / Equity Ratio | -0.20 | -0.01 | -0.35 | -0.22 | -0.20 | 0.04 |
| Net Debt / EBITDA Ratio | 0.19 | 0.02 | 1.04 | 0.24 | 0.42 | -0.22 |
| Net Debt / FCF Ratio | 0.97 | 0.02 | -4.99 | 0.58 | 1.19 | -0.24 |
| Asset Turnover | 2.00 | 1.74 | 1.78 | 1.31 | 0.94 | 1.05 |
| Inventory Turnover | 3.13 | 2.06 | 2.11 | 2.19 | 2.06 | 2.34 |
| Quick Ratio | 0.23 | 0.52 | 1.13 | 0.95 | 0.91 | 0.49 |
| Current Ratio | 2.13 | 1.70 | 2.01 | 1.95 | 1.89 | 1.49 |
| Return on Equity (ROE) | -104.03% | -83.95% | -35.92% | -108.08% | -120.36% | -190.64% |
| Return on Assets (ROA) | -26.11% | -22.36% | -13.26% | -20.88% | -15.23% | -14.25% |
| Return on Capital Employed (ROCE) | -114.10% | -91.70% | -39.10% | -100.10% | -55.40% | -23.40% |
| Earnings Yield | -257.24% | -337.36% | -67.48% | -265.53% | -334.11% | -113.49% |
| FCF Yield | -20.99% | -194.52% | 12.08% | -48.10% | -29.89% | -20.20% |
| Buyback Yield / Dilution | -16.75% | -12.21% | -8.35% | -17.69% | -88.05% | -106.08% |