Aterian, Inc.
ATER· Nasdaq· Electric Housewares & Fans
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- -15.9%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- -18.0%
We record prices for the companies we cover; ATER is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- –
- Revenue
- $69.0M
- Free cash flow
- -$10.9M
- Owner earnings
- -$13.1M
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- 56.8%
- Operating
- -26.1%
- Net
- -27.5%
- Free cash flow
- -15.9%
- Owner earnings
- -19.0%
- Stock pay
- 3.2%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- -124.8%
- ROE, 5 yr avg
- -133.8%
Growth (CAGR)
- Revenue, 3 yr
- -32.2%
- Revenue, 5 yr
- -18.0%
- Revenue, 7 yr
- -0.9%
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Diluted EPS, 7 yr
- –
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
- Free cash flow, 7 yr
- –
Financial health · FY2025
- Cash and investments
- $4.9M
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- –
Financials: ten years from the 10-Ks
Revenue
$69.0M
-0.9% a year over 7 years
FY2018FY2025
Margins
Gross56.8%Operating-26.1%Net-27.5%
FY2025
FY2018FY2025
Free cash flow and owner earnings
Free cash flow-$10.9MOwner earnings-$13.1M
FY2025
FY2018FY2025
Diluted shares
–
+88.0% over 7 years, net dilution
FY2018FY2025
Net debt (below zero)
–
$4.7M more debt than cash
FY2018FY2025
Every figure, year by year
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| The business | ||||||||
| Revenue | $73.3M | $114.5M | $185.7M | $247.8M | $221.2M | $142.6M | $99.0M | $69.0M |
| Revenue growth | – | 56.2% | 62.3% | 33.4% | -10.7% | -35.5% | -30.5% | -30.4% |
| 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 income | -$31.8M | -$58.8M | -$63.1M | -$236.0M | -$196.3M | -$74.6M | -$11.9M | -$19.0M |
| Net margin | -43.4% | -51.4% | -34.0% | -95.3% | -88.8% | -52.3% | -12.0% | -27.5% |
| Diluted EPS | – | – | – | $-6.67 | $-2.95 | – | – | – |
| Return on invested capital? | – | – | – | – | – | – | – | – |
| Cash | ||||||||
| Operating cash flow | -$30.3M | -$25.2M | $6.1M | -$42.0M | -$17.5M | -$13.4M | $2.2M | -$10.9M |
| Capital expenditure | $61.0K | $114.0K | $89.0K | $32.0K | $82.0K | $119.0K | $42.0K | $51.0K |
| Free cash flow | -$30.4M | -$25.3M | $6.0M | -$42.0M | -$17.6M | -$13.5M | $2.1M | -$10.9M |
| Stock-based compensation | $619.0K | $34.7M | $22.7M | $29.0M | $14.6M | $8.3M | $7.5M | $2.2M |
| Owner earnings? | -$31.0M | -$60.0M | -$16.7M | -$71.0M | -$32.2M | -$21.8M | -$5.4M | -$13.1M |
| Free cash flow per share | – | – | – | $-1.19 | $-0.26 | – | – | – |
| Capital allocation | ||||||||
| Dividends paid | – | – | – | – | – | – | – | – |
| Share repurchases | – | – | – | – | – | – | – | – |
| Diluted shares | – | – | – | 35.4M | 66.5M | – | – | – |
| Share count change? | – | – | – | – | 88.0% | – | – | – |
| Balance sheet | ||||||||
| Cash and equivalents | $20.0M | $30.4M | $26.7M | $30.3M | $43.6M | $20.0M | $18.0M | $4.9M |
| Short-term investments | – | – | – | – | – | – | – | – |
| Total debt | – | $35.1M | – | – | – | – | – | – |
| Net debt | – | $4.7M | – | – | – | – | – | – |
| Shareholders' equity | $5.4M | $10.7M | $23.4M | $224.2M | $102.0M | $36.0M | $30.0M | $15.2M |
Latest filings
| 2026-08-14 | 10-Q | Quarterly report |
| 2026-05-15 | 10-Q | Quarterly report |
| 2026-03-23 | 10-K | Annual report |
| 2025-11-13 | 10-Q | Quarterly report |
| 2025-11-13 | 8-K | Earnings release |
| 2025-08-13 | 10-Q | Quarterly report |
| 2025-08-13 | 8-K | Earnings release |
| 2025-06-25 | DEF 14A | Proxy statement |
| 2025-05-15 | 10-Q | Quarterly report |
| 2025-05-14 | 8-K | Earnings release |
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