Aterian, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $69.0M | $99.0M | $142.6M | $221.2M | $247.8M |
| Gross profit | $39.1M | $61.5M | $70.3M | $105.5M | $121.9M |
| Operating income | -$18.0M | -$11.8M | -$76.2M | -$178.2M | -$34.1M |
| Operating expenses | $57.1M | $73.3M | $146.5M | $283.7M | $155.9M |
| Cost of revenue | $29.8M | $37.5M | $72.3M | $115.7M | $125.9M |
| Cash from operations | -$10.9M | $2.2M | -$13.4M | -$17.5M | -$42.0M |
| Capital expenditure | $51,000 | $42,000 | $119,000 | $82,000 | $32,000 |
| Free cash flow | -$10.9M | $2.1M | -$13.5M | -$17.6M | -$42.0M |
| Impairments | $3.8M | $0 | $0 | $120.4M | $0 |
| Total assets | $29.6M | $49.5M | $61.9M | $156.4M | $313.6M |
| Total liabilities | $14.4M | $19.5M | $25.8M | $54.5M | $89.3M |
Shares outstanding 10.8M · Free float 68.2%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.