ATER on Nasdaq
Aterian, Inc.
Price unavailable
Last updated Oct 16, 2026.
Overview
Compare with Fenbo Holdings Ltd, Hamilton Beach Brands or Helen of Troy Limited, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
56.8%Gross margin3
-26.1%Operating margin3
-27.5%Net margin3
-30.4%Revenue growth, 20253
-124.8%Return on equity3
-$10.9MFree cash flow3
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Housewares brought in 22% of the revenue Aterian, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Housewares | $22.5M | $14.9M |
| Heating, Cooling, and Air Quality | $26.4M | $13.9M |
| Essential Oils and Related Accessories | $12.7M | $12.1M |
| Health and Beauty | $13.5M | $10.6M |
| Kitchen Appliances | $9.6M | $8.5M |
| Home Office | $8.0M | $6.3M |
| Cookware, Kitchen Tools, and Gadgets | $5.9M | $2.6M |
| Product and Service, Other | $434.0K | $14.0K |
Regions
North America brought in 92% of the revenue Aterian, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| North America | $93.5M | $63.7M |
| Other Than North America | $5.5M | $5.3M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue43¢$29.8M
- Other costs55¢$38.2M
- Interest1¢$957.0K
- Income tax0¢$41.0K
Out of $69.0M in revenue.3 The company lost money this year.
Financial statements
Every line of the income statement in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net revenue | $69.0M | $99.0M |
| Cost of goods sold | $29.8M | $37.5M |
| Gross profit | $39.1M | $61.5M |
| Selling and Marketing Expense | $41.5M | $56.0M |
| General and Administrative Expense | $11.8M | $17.3M |
| Impairment loss on intangibles | $3.8M | $0 |
| Total operating expenses | $57.1M | $73.3M |
| Operating loss | -$18.0M | -$11.8M |
| Interest expense, net | $851.0K | $949.0K |
| Change in fair value of warrant liabilities | -$109.0K | -$924.0K |
| Other expense, net | $228.0K | $61.0K |
| Loss before income taxes | -$18.9M | -$11.9M |
| Provision (benefit) for income taxes | $41.0K | -$47.0K |
| Net loss | -$19.0M | -$11.9M |
| Net loss per share, basic and diluted (in dollars per share) | -$2.39 | -$1.68 |
| Weighted-average number of shares outstanding, basic and diluted (in shares) | 7.9M shares | 7.1M shares |
Every line of the balance sheet in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 | 2024-03-31 |
|---|---|---|---|
| Cash | $4.9M | $18.0M | |
| Accounts receivable, net | $2.5M | $3.8M | |
| Inventory | $13.8M | $13.7M | |
| Prepaid and other current assets | $3.0M | $3.2M | |
| Total current assets | $24.1M | $38.7M | |
| Property and equipment, net | $729.0K | $685.0K | |
| Intangibles, net | $4.4M | $9.8M | |
| Other non-current assets | $389.0K | $381.0K | |
| Total assets | $29.6M | $49.5M | |
| Credit facility | $4.3M | $6.9M | |
| Accounts payable | $3.1M | $3.1M | |
| Seller notes | $368.0K | $466.0K | |
| Accrued and other current liabilities | $6.4M | $8.8M | |
| Total current liabilities | $14.1M | $19.3M | |
| Other liabilities | $225.0K | $227.0K | |
| Total liabilities | $14.4M | $19.5M | |
| Common stock, $0.0001 par value, 500,000,000 shares authorized and 10,027,046 and 8,750,741 shares outstanding at December 31, 2025 and December 31, 2024, respectively | $9.0K | $9.0K | |
| Additional paid-in capital | $746.4M | $742.6M | |
| Accumulated deficit | -$730.7M | -$711.7M | |
| Accumulated other comprehensive loss | -$552.0K | -$906.0K | |
| Total stockholders equity | $15.2M | $30.0M | |
| Total liabilities and stockholders' equity | $29.6M | $49.5M | |
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | $0.00 |
| Common stock, authorized (in shares) | 500.0M shares | 500.0M shares | |
| Common stock, outstanding (in shares) | 10.0M shares | 8.8M shares | |
| Common stock, issued (in shares) | 10.0M shares | 8.8M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$19.0M | -$11.9M |
| Depreciation and amortization | $1.6M | $1.7M |
| Provision for sales returns | -$102.0K | $57.0K |
| Amortization of deferred financing cost and debt discounts | $165.0K | $198.0K |
| Stock-based compensation | $2.2M | $7.5M |
| Deferred tax expense | $0 | -$5.0K |
| Change in inventory provisions | $767.0K | -$2.7M |
| Change in fair value of warrant liabilities | -$109.0K | -$924.0K |
| Impairment loss on intangibles | $3.8M | $0 |
| Allowance for credit losses | -$147.0K | $16.0K |
| Accounts receivable | $1.5M | $427.0K |
| Inventory | -$794.0K | $9.4M |
| Prepaid and other current assets | $183.0K | $762.0K |
| Accounts payable, accrued and other liabilities | -$964.0K | -$2.3M |
| Cash (used in) provided by operating activities | -$10.9M | $2.2M |
| Purchase of fixed assets | -$51.0K | -$42.0K |
| Purchase of minority equity investment | $0 | -$200.0K |
| Cash used in investing activities | -$51.0K | -$242.0K |
| Repayments on seller notes | -$113.0K | -$633.0K |
| Borrowings from MidCap credit facilities | $43.3M | $60.9M |
| Repayments for MidCap credit facilities | -$46.2M | -$65.2M |
| Insurance obligation payments | -$711.0K | -$682.0K |
| Insurance financing proceeds | $1.2M | $700.0K |
| Cash used in financing activities | -$2.5M | -$4.9M |
| Net change in cash and restricted cash for the period | -$13.1M | -$3.1M |
| Foreign currency effect on cash and restricted cash | $323.0K | -$61.0K |
| Cash paid for interest | $882.0K | $1.1M |
| Cash paid for taxes | $50.0K | $152.0K |
| Non-cash consideration paid to contractors | $0 | $620.0K |
| Non-cash minority equity investment | $0 | $50.0K |
Former names
- Mohawk Group Holdings, Inc.Nov 2, 2018 to Apr 30, 20212
Recent filings
- Oct 5, 20268-K
- Oct 2, 2026SCHEDULE 13D
- Oct 2, 2026SCHEDULE 13D
- Oct 2, 20263
- Oct 2, 20263
- Sep 30, 20263
- Sep 29, 20268-K
- Sep 29, 20264
- Sep 29, 20264
- Sep 29, 20264
- Sep 29, 2026SCHEDULE 13D/A
- Sep 11, 20264
- Sep 10, 2026SCHEDULE 13D
- Sep 8, 20268-K
- Aug 14, 202610-Q
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARAterian, Inc. filings on SEC EDGAR
- 2SEC EDGARAterian, Inc. filings on SEC EDGAR
- 3SEC EDGARAterian, Inc. 10-K for fiscal 2025
- 4SEC EDGARAterian, Inc. 10-K for fiscal 2019
- 5SEC EDGARAterian, Inc. 10-K for fiscal 2021
- 6SEC EDGARAterian, Inc. 10-K for fiscal 2022
- 7SEC EDGARAterian, Inc. 10-K for fiscal 2023
- 8SEC EDGARAterian, Inc. 10-Q for fiscal 2026
- 9SEC EDGARAterian, Inc. 10-Q for fiscal 2026
- 10SEC EDGARAterian, Inc. 10-K for fiscal 2019
- 11SEC EDGARAterian, Inc. 10-K for fiscal 2019