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Stocks · Consumer discretionary · Electric Housewares & Fans

Aterian, Inc.

ATER Clue Score28
United States Fiscal year ends December CIK 0001757715
$0.61 -0.54% Close, 12 Oct 2026
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Price $0.61 −92.48% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 12 Jun 2019. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue73.3Operating income−29.4Net income−31.8Fiscal year 2019Revenue114.5 +56.2%Operating income−54.3Net income−58.8Fiscal year 2020Revenue185.7 +62.3%Operating income−34.8Net income−63.1Fiscal year 2021Revenue247.8 +33.4%Operating income−34.1Net income−236.0EPS, diluted−6.67Fiscal year 2022Revenue221.2 −10.7%Operating income−178.2Net income−196.3EPS, diluted−2.95Fiscal year 2023Revenue142.6 −35.5%Operating income−76.2Net income−74.6Fiscal year 2024Revenue99.0 −30.5%Operating income−11.8Net income−11.9Fiscal year 2025Revenue69.0 −30.4%Operating income−18.0Net income−19.0
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 73.3 114.5 185.7 247.8 221.2 142.6 99.0 69.0
Growth +56.2% +62.3% +33.4% −10.7% −35.5% −30.5% −30.4%
Operating income −29.4 −54.3 −34.8 −34.1 −178.2 −76.2 −11.8 −18.0
Net income −31.8 −58.8 −63.1 −236.0 −196.3 −74.6 −11.9 −19.0
Growth
EPS, diluted n/a n/a n/a −6.67 −2.95 n/a n/a n/a

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin35.5%Operating margin−40.2%Net margin−43.4%Free cash flow margin−41.5%Fiscal year 2019Gross margin39.4%Operating margin−47.5%Net margin−51.4%Free cash flow margin−22.1%Fiscal year 2020Gross margin45.6%Operating margin−18.7%Net margin−34.0%Free cash flow margin3.2%Fiscal year 2021Gross margin49.2%Operating margin−13.8%Net margin−95.3%Free cash flow margin−17.0%Fiscal year 2022Gross margin47.7%Operating margin−80.6%Net margin−88.8%Free cash flow margin−7.9%Fiscal year 2023Gross margin49.3%Operating margin−53.4%Net margin−52.3%Free cash flow margin−9.5%Fiscal year 2024Gross margin62.1%Operating margin−11.9%Net margin−12.0%Free cash flow margin2.1%Fiscal year 2025Gross margin56.8%Operating margin−26.1%Net margin−27.5%Free cash flow margin−15.9%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 35.5% 39.4% 45.6% 49.2% 47.7% 49.3% 62.1% 56.8%
Operating margin −40.2% −47.5% −18.7% −13.8% −80.6% −53.4% −11.9% −26.1%
Net margin −43.4% −51.4% −34.0% −95.3% −88.8% −52.3% −12.0% −27.5%
Free cash flow margin −41.5% −22.1% 3.2% −17.0% −7.9% −9.5% 2.1% −15.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow−30.3Capital expenditure−0.1Free cash flow−30.4Fiscal year 2019Operating cash flow−25.2Capital expenditure−0.1Free cash flow−25.3Fiscal year 2020Operating cash flow6.1Capital expenditure−0.1Free cash flow6.0Fiscal year 2021Operating cash flow−42.0Capital expenditure−0.0Free cash flow−42.0 −799.8%Fiscal year 2022Operating cash flow−17.5Capital expenditure−0.1Free cash flow−17.6Fiscal year 2023Operating cash flow−13.4Capital expenditure−0.1Free cash flow−13.5Fiscal year 2024Operating cash flow2.2Capital expenditure−0.0Free cash flow2.1Fiscal year 2025Operating cash flow−10.9Capital expenditure−0.1Free cash flow−10.9 −615.6%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −30.3 −25.2 6.1 −42.0 −17.5 −13.4 2.2 −10.9
Capital expenditure −0.1 −0.1 −0.1 −0.0 −0.1 −0.1 −0.0 −0.1
Free cash flow −30.4 −25.3 6.0 −42.0 −17.6 −13.5 2.1 −10.9
Growth −799.8% −615.6%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash20.0Total debt27.5Net cash (debt)−7.5Shareholders’ equity5.4Debt to equity5.12Fiscal year 2019Cash30.4Total debt35.1Net cash (debt)−4.7Shareholders’ equity10.7Debt to equity3.27Fiscal year 2020Cash26.7Shareholders’ equity23.4Fiscal year 2021Cash30.3Shareholders’ equity224.2Fiscal year 2022Cash43.6Shareholders’ equity102.0Fiscal year 2023Cash20.0Shareholders’ equity36.0Fiscal year 2024Cash18.0Shareholders’ equity30.0Fiscal year 2025Cash4.9Shareholders’ equity15.2
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 20.0 30.4 26.7 30.3 43.6 20.0 18.0 4.9
Total debt 27.5 35.1 n/a n/a n/a n/a n/a n/a
Net cash (debt) −7.5 −4.7 n/a n/a n/a n/a n/a n/a
Shareholders’ equity 5.4 10.7 23.4 224.2 102.0 36.0 30.0 15.2
Debt to equity 5.12 3.27 n/a n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
35.5% 39.4% 45.6% 49.2% 47.7% 49.3% 62.1% 56.8%
−40.2% −47.5% −18.7% −13.8% −80.6% −53.4% −11.9% −26.1%
−43.4% −51.3% −34.0% −95.0% −88.9% −52.9% −12.0% −27.5%
−43.4% −51.4% −34.0% −95.3% −88.8% −52.3% −12.0% −27.5%
−41.5% −22.1% 3.2% −17.0% −7.9% −9.5% 2.1% −15.9%
Spending
5.0% 9.3% 4.4% 4.0% 2.7% 3.2% 0.0% n/a
15.4% 29.3% 16.5% 18.2% 17.3% 14.2% 17.5% 17.2%
0.1% 0.1% 0.0% 0.0% 0.0% 0.1% 0.0% 0.1%
Returns
−592.7% −548.0% −270.0% −105.3% −192.5% −206.9% −39.5% −124.8%
−54.9% −79.0% −40.1% −75.3% −125.5% −120.5% −23.9% −64.2%
Balance and payout
5.12 3.27 n/a n/a n/a n/a n/a n/a
90.7% 85.6% 85.1% 28.5% 34.8% 41.8% 39.4% 48.6%