9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $69M | -$19M | 56.8% | -26.1% | -$11M | — | $5M |
| 2024 | $99M | -$12M | 62.1% | -11.9% | $2M | — | $18M |
| 2023 | $143M | -$75M | 49.3% | -53.4% | -$14M | — | $20M |
| 2022 | $221M | -$196M | 47.7% | -80.6% | -$18M | — | $44M |
| 2021 | $248M | -$236M | 49.2% | -13.8% | -$42M | — | $30M |
| 2020 | $186M | -$63M | 45.6% | -18.7% | $6M | — | $27M |
| 2019 | $114M | -$59M | 39.4% | -47.5% | -$25M | $35M | $30M |
| 2018 | $73M | -$32M | 35.5% | -40.2% | -$30M | $28M | $20M |
| 2018 | $6M | — | 0.0% | 0.0% | — | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $18000 | -$6M | 55.6% | -17827.8% | -$367000 | — | $2M |
| Dec '25 | $15M | -$8M | 56.1% | -51.1% | -$1M | — | $5M |
| Sep '25 | $19M | -$2M | 56.1% | -10.7% | -$2M | — | $8M |
| Jun '25 | $19M | -$5M | 54.3% | -23.1% | -$4M | — | $10M |
| Mar '25 | $63000 | -$4M | 79.4% | -5303.2% | -$4M | — | $14M |
| Dec '24 | $25M | -$1M | 63.4% | -6.5% | -$9000 | — | $18M |
| Sep '24 | $26M | -$2M | 60.3% | -6.6% | -$722000 | — | $16M |
| Jun '24 | $28M | -$4M | 60.4% | -11.5% | $3M | — | $20M |
| Mar '24 | $20M | -$5M | 65.1% | -26.1% | -$42000 | — | $18M |
| Dec '23 | $33M | -$8M | 51.0% | -25.2% | -$5M | — | $20M |
| Sep '23 | $40M | -$6M | 49.4% | -16.4% | $385000 | — | $28M |
| Jun '23 | $35M | -$35M | 42.2% | -103.3% | -$1M | — | $29M |
| Mar '23 | $35M | -$26M | 54.8% | -71.7% | -$8M | — | $34M |
| Dec '22 | $55M | -$20M | 37.1% | -41.5% | $2M | — | $44M |
| Sep '22 | $66M | -$117M | 45.5% | -164.3% | — | — | $26M |
| Jun '22 | $58M | -$16M | 53.8% | -17.4% | — | — | $35M |
| Mar '22 | $42M | -$43M | 56.6% | -87.1% | — | — | $44M |
| Dec '21 | $63M | -$7M | 45.6% | -5.2% | -$2M | — | $30M |
| Sep '21 | $68M | -$111M | 50.2% | -11.0% | -$8M | — | $37M |
| Jun '21 | $68M | -$36M | 48.0% | 6.6% | -$24M | — | $62M |
How the market has priced ATER against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Aterian, Inc.'s revenue has declined 18.0% per year. These are computed facts, not advice.
As of FY2025, Aterian, Inc. reported — of total debt against $5M of cash; operating income covered interest expense -18.8×.
In FY2025, gross margin was 56.8%, operating margin -26.1%, and net margin -27.5%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.