Aterian (ATER)
Market Price (6/23/2026): $1.32 | Market Cap: $11.7 MilSector: Consumer Discretionary | Industry: Household Appliances
Aterian (ATER)
Market Price (6/23/2026): $1.32Market Cap: $11.7 MilSector: Consumer DiscretionaryIndustry: Household Appliances
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Weak multi-year price returns2Y Excs Rtn is -79%, 3Y Excs Rtn is -151% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -14 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -25% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -32%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -37%, Rev Chg QQuarterly Revenue Change % is -71% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -14%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -14% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 100% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -186% High stock price volatilityVol 12M is 105% Key risksATER key risks include [1] a precarious capital position, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -79%, 3Y Excs Rtn is -151% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -14 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -25% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -32%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -37%, Rev Chg QQuarterly Revenue Change % is -71% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -14%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -14% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 100% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -186% |
| High stock price volatilityVol 12M is 105% |
| Key risksATER key risks include [1] a precarious capital position, Show more. |
Qualitative Assessment
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Aterian (ATER) stock has gained about 130% since 2/28/2026 because of the following key factors:
1. Sale of Marquee Brand Portfolio for $18 Million. Aterian's stock surged significantly following the announcement on April 28, 2026, of a definitive agreement to sell assets associated with its marquee brands to Trademark Global for a base cash consideration of $18 million. This strategic move is expected to generate net proceeds of approximately $10.6 million to $14.2 million, or roughly $0.85 to $1.14 per share, which the company anticipates distributing to stockholders, potentially including Contingent Value Rights (CVRs), in fiscal Q3 2026. This news alone caused ATER's stock to surge by 96.5% on the day of the announcement.
2. $7 Million Strategic Investment and Expected Leadership Transition. Concurrent with the brand portfolio sale, Aterian secured a $7 million strategic investment from David E. Lazar via convertible preferred stock, with the first $3.5 million tranche closing on April 27, 2026. This substantial capital injection, exceeding the $5 million insider transaction threshold, is further bolstered by the expectation that Mr. Lazar will become CEO. Notably, Lazar and his affiliates waived all rights to the net proceeds from the asset sale and CVR distributions, ensuring that the monetization benefits accrue solely to existing stockholders.
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Aterian (ATER) stock has gained about 130% since 2/28/2026 because of the following key factors:
1. Sale of Marquee Brand Portfolio for $18 Million. Aterian's stock surged significantly following the announcement on April 28, 2026, of a definitive agreement to sell assets associated with its marquee brands to Trademark Global for a base cash consideration of $18 million. This strategic move is expected to generate net proceeds of approximately $10.6 million to $14.2 million, or roughly $0.85 to $1.14 per share, which the company anticipates distributing to stockholders, potentially including Contingent Value Rights (CVRs), in fiscal Q3 2026. This news alone caused ATER's stock to surge by 96.5% on the day of the announcement.
2. $7 Million Strategic Investment and Expected Leadership Transition. Concurrent with the brand portfolio sale, Aterian secured a $7 million strategic investment from David E. Lazar via convertible preferred stock, with the first $3.5 million tranche closing on April 27, 2026. This substantial capital injection, exceeding the $5 million insider transaction threshold, is further bolstered by the expectation that Mr. Lazar will become CEO. Notably, Lazar and his affiliates waived all rights to the net proceeds from the asset sale and CVR distributions, ensuring that the monetization benefits accrue solely to existing stockholders.
3. Better-than-Expected Fiscal Q1 2026 Earnings. Aterian reported its fiscal Q1 2026 earnings on May 15, 2026, announcing an Earnings Per Share (EPS) of -$0.39. This figure surpassed analysts' consensus estimates of -$0.69, indicating a stronger financial performance than anticipated. The company also reported a narrowed net loss of $3.44 million, an improvement of 12% compared to fiscal Q1 2025. Following this earnings report, ATER's stock price increased by 15.65% in the 48-hour period after the release.
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Stock Movement Drivers
Fundamental Drivers
The 131.9% change in ATER stock from 2/28/2026 to 6/22/2026 was primarily driven by a 194.3% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.57 | 1.32 | 131.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 63 | 54 | -15.1% |
| P/S Multiple | 0.1 | 0.2 | 194.3% |
| Shares Outstanding (Mil) | 8 | 9 | -7.2% |
| Cumulative Contribution | 131.9% |
Market Drivers
2/28/2026 to 6/22/2026| Return | Correlation | |
|---|---|---|
| ATER | 131.9% | |
| Market (SPY) | 8.8% | 3.6% |
| Sector (XLY) | -1.4% | 4.9% |
Fundamental Drivers
The 76.4% change in ATER stock from 11/30/2025 to 6/22/2026 was primarily driven by a 123.8% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.75 | 1.32 | 76.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 63 | 54 | -15.1% |
| P/S Multiple | 0.1 | 0.2 | 123.8% |
| Shares Outstanding (Mil) | 8 | 9 | -7.2% |
| Cumulative Contribution | 76.4% |
Market Drivers
11/30/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| ATER | 76.4% | |
| Market (SPY) | 9.5% | 9.5% |
| Sector (XLY) | -2.4% | 5.3% |
Fundamental Drivers
The -13.7% change in ATER stock from 5/31/2025 to 6/22/2026 was primarily driven by a -32.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 5312025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.53 | 1.32 | -13.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 79 | 54 | -32.0% |
| P/S Multiple | 0.1 | 0.2 | 50.6% |
| Shares Outstanding (Mil) | 7 | 9 | -15.7% |
| Cumulative Contribution | -13.7% |
Market Drivers
5/31/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| ATER | -13.7% | |
| Market (SPY) | 27.7% | 17.6% |
| Sector (XLY) | 8.4% | 11.4% |
Fundamental Drivers
The -81.2% change in ATER stock from 5/31/2023 to 6/22/2026 was primarily driven by a -75.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 5312023 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.01 | 1.32 | -81.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 214 | 54 | -75.0% |
| P/S Multiple | 0.2 | 0.2 | 4.1% |
| Shares Outstanding (Mil) | 6 | 9 | -27.7% |
| Cumulative Contribution | -81.2% |
Market Drivers
5/31/2023 to 6/22/2026| Return | Correlation | |
|---|---|---|
| ATER | -81.2% | |
| Market (SPY) | 85.1% | 23.1% |
| Sector (XLY) | 55.4% | 23.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ATER Return | -76% | -81% | -55% | -43% | -71% | 98% | -99% |
| Peers Return | 8% | -35% | 16% | 13% | -27% | 31% | -12% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 100% |
Monthly Win Rates [3] | |||||||
| ATER Win Rate | 25% | 17% | 33% | 42% | 25% | 67% | |
| Peers Win Rate | 56% | 40% | 55% | 50% | 50% | 67% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| ATER Max Drawdown | -93% | -89% | -83% | -67% | -76% | -40% | |
| Peers Max Drawdown | -29% | -54% | -36% | -36% | -52% | -26% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: HELE, SPB, NWL, HBB, SN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/22/2026 (YTD)
How Low Can It Go
| Event | ATER | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -62.3% | -33.7% |
| % Gain to Breakeven | 165.6% | 50.9% |
| Time to Breakeven | 30 days | 140 days |
In The Past
Aterian's stock fell 0.0% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 0.0% gain to breakeven.
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| Event | ATER | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -62.3% | -33.7% |
| % Gain to Breakeven | 165.6% | 50.9% |
| Time to Breakeven | 30 days | 140 days |
In The Past
Aterian's stock fell 0.0% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 0.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Aterian (ATER)
Aterian, Inc. is a technology-enabled consumer products company that leverages artificial intelligence to design, develop, market, and sell a wide array of products. At its core is the Artificial Intelligence Marketplace e-Commerce Engine, a proprietary software platform that utilizes machine learning, natural language processing, and data analytics to identify market opportunities and optimize product offerings. This platform enables the company to efficiently manage its product lifecycle from conception to sale.
The company offers a diverse portfolio of consumer goods across multiple categories. Its main products include home and kitchen appliances, kitchenware, heating and cooling solutions, health and beauty products, and air quality appliances such as dehumidifiers and humidifiers. These products are sold under a variety of owned brands, including hOmeLabs, Vremi, Squatty Potty, Pursteam, and many others. Aterian also includes essential oils among its product offerings.
Aterian primarily serves individual online consumers in North America and internationally. The company distributes its products predominantly through major e-commerce platforms like Amazon, alongside other online marketplaces and its own directly operated websites. This multi-channel approach allows Aterian to reach a broad base of online shoppers efficiently.
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Here are 1-2 brief analogies to describe Aterian:
- Procter & Gamble for the e-commerce age.
- Amazon Basics, but for a whole portfolio of brands and powered by AI.
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- Home & Kitchen Products: A range of consumer goods encompassing various home and kitchen appliances and kitchenware.
- Health & Beauty Products: Items focused on personal health and beauty.
- Air Quality Appliances: Specialized devices such as dehumidifiers, humidifiers, and air conditioners.
- Essential Oils: A specific line of aromatic plant extracts.
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Major Customers of Aterian (ATER)
Aterian primarily serves individual online consumers. Based on its product offerings, the company serves the following categories of customers:- Home & Kitchen Consumers: Individuals seeking a wide range of products for their household, including kitchenware, home appliances, and general home improvement items.
- Health & Wellness Consumers: Individuals interested in personal care, beauty products, and items that contribute to overall well-being, such as essential oils and health appliances.
- Environmental Comfort Consumers: Individuals looking for solutions to enhance their living environment, specifically through air quality appliances like humidifiers, dehumidifiers, and air conditioners.
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Arturo Rodriguez, Chief Executive Officer
Arturo Rodriguez has served as Aterian's Chief Executive Officer since June 2024. He previously held the roles of Co-Chief Executive Officer from July 2023 to June 2024, and Chief Financial Officer from March 2021 to June 2024. From September 2017 to March 2021, Mr. Rodriguez was the Senior Vice President of Finance at Aterian. Before joining Aterian, he spent five years as Chief Accounting Officer and Global Controller for Piksel, Inc., where he also served as Interim Chief Operating Officer in his last year. From 2000 to 2011, Mr. Rodriguez held various financial leadership positions at the Atari Group, including Acting Chief Financial Officer of Atari, Inc. (NASDAQ: ATAR) from 2007 to 2008 and Deputy CFO of Atari SA (Euronext: ATA) from 2008 to 2010. He is a New York State CPA and holds a BBA in Accounting from Hofstra University.
Josh Feldman, Chief Financial Officer
Josh Feldman was appointed Aterian's Chief Financial Officer in June 2024. Prior to this, he served as the Senior Vice President of Finance at Aterian from May 2022 to June 2024. Before his time at Aterian, Mr. Feldman was the Head of Finance for Olivela, a luxury goods e-commerce company, from February 2021 to May 2022. He also held the position of Vice President of Financial Operations for Hugo Boss North America from January 2018 to October 2020. From 2007 to 2018, Mr. Feldman held several senior finance roles at Saks Fifth Avenue and Hudson's Bay Company. He began his career as an audit manager with KPMG. Mr. Feldman is a Certified Public Accountant in New York and holds a Bachelor of Science degree in Accounting from SUNY Albany.
Michal Chaouat-Fix, Chief Product Officer
Michal Chaouat-Fix serves as the Chief Product Officer at Aterian.
Pramod K C, Chief Operations Officer
Pramod K C serves as the Chief Operations Officer at Aterian.
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Here are the key risks to Aterian's business:
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Risk to continue as a going concern due to significant financial challenges: Aterian is categorized as a distressed stock, with its financial health grades highlighting several risks. The company has historically operated at a loss and may not achieve or sustain continuous profitability or positive cash flows. Financial metrics reveal significant challenges, including a three-year revenue growth rate of -45%, negative operating and net margins, and an Altman Z-Score suggesting a possibility of bankruptcy within the next two years. The company has less than a year of cash runway based on its current free cash flow. This has led Aterian's Board of Directors to explore strategic alternatives, including potential asset sales or mergers, to enhance shareholder value.
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High reliance on third-party online marketplaces, particularly Amazon: A significant majority of Aterian's revenue is generated from sales of products on Amazon's U.S. Marketplace. The company's business model is heavily dependent on these platforms, and any adverse changes, limitations, or restrictions on its ability to operate on Amazon's platform could have a material adverse impact on its business, operating results, financial condition, and cash flows. Challenges such as SKU rationalization and reduced traffic on Amazon have already contributed to revenue declines.
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Impact of tariffs, supply chain disruptions, and rising operating costs: Aterian faces ongoing challenges from tariff volatility and increasing costs. The company's business, operating results, financial condition, and cash flows could be adversely affected by future increases in the cost of raw materials, energy, labor, transportation, and platform fees charged by marketplaces, which represent a significant portion of its cost of goods sold and other operating expenses and are largely outside of its control. Aterian has also been impacted by global trade policy shifts and has undertaken strategic initiatives to mitigate tariffs, such as accelerating reshoring and diversifying manufacturing.
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The rapid advancement and increasing accessibility of sophisticated artificial intelligence (AI) and machine learning (ML) tools for product research, trend prediction, and e-commerce optimization. As these technologies become more powerful, widespread, and potentially offered as services by larger tech companies or through open-source initiatives, Aterian's proprietary 'Artificial Intelligence Marketplace e-Commerce Engine' may lose its unique competitive advantage. This could enable new entrants or existing competitors to more easily replicate Aterian's data-driven product development and marketing approach, thereby eroding Aterian's core technological moat and increasing competition in its market.
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Aterian (symbol: ATER) operates in several consumer product categories. The addressable markets for their main products and services in North America are as follows:
- Essential Oils: The North America essential oils market size was estimated at USD 9.26 billion in 2023 and is projected to grow to USD 15.70 billion by 2030, with a compound annual growth rate (CAGR) of 7.8% from 2024 to 2030. Another source indicates the essential oil and aromatherapy market was estimated at USD 9.75 billion in 2023 and is likely to grow at a CAGR of 11.64% during 2024-2030 to reach USD 21.15 billion in 2030. The North America essential oils market is expected to reach USD 6,998.52 million by 2030, at a CAGR of 9.7% during the forecast period. The U.S. dominated the North American market with 93.34% revenue share in 2023.
- Kitchenware: The North America kitchenware market generated a revenue of USD 12,365.5 million in 2025 and is expected to grow at a CAGR of 5.6% from 2026 to 2033, reaching a projected revenue of US$ 19,112.2 million by 2033. Another report states the kitchenware market size was USD 71.95 billion in 2025 and is expected to grow to USD 92.44 billion in 2030 at a CAGR of 5.4% (this is a global figure, with North America being the largest region in 2025). North America holds approximately 24% of the global kitchenware market share.
- Home and Kitchen Appliances: The North America household kitchen appliances market size was estimated at USD 68.12 billion in 2024 and is projected to reach USD 85.72 billion by 2033, growing at a CAGR of 2.7% from 2025 to 2033. The North America home appliances market size was valued at USD 180.48 billion in 2025 and is projected to reach USD 315.22 billion by 2034 at a CAGR of 6.10% during the forecast period. Another source indicates the North America home appliances market size was estimated at USD 117.56 billion in 2024 and is expected to grow at a CAGR of 3.8% from 2025 to 2030, reaching USD 145.95 billion by 2030. The North America home appliances market size reached USD 116.23 billion in 2025 and is projected to advance to USD 136.85 billion by 2030, reflecting a 3.32% CAGR. The North America Major Home Appliances Market is valued at approximately USD 80 billion.
- Heating and Cooling Products (Air Quality Appliances and HVAC):
- Home Heating Appliances: The North America home heating appliances market size was estimated at USD 17.27 billion in 2025 and is expected to reach USD 20.90 billion by 2030, at a CAGR of 3.89%. The North America heating appliances market was USD 19.95 billion in 2025.
- Residential Heat Pumps (Cooling/Heating): The North America residential heat pump market was valued at USD 16.99 billion in 2025 and is projected to reach USD 52.19 billion by 2034, expanding at a CAGR of 13.28% from 2026 to 2034.
- HVAC Equipment: The North America HVAC Equipment Market size is estimated at USD 31.12 billion in 2025, and is expected to reach USD 43.86 billion by 2030, at a CAGR of 7.1%.
- Air Purifiers: The North America air purifier market size was valued at USD 3.6 billion in 2022 and is expected to grow at a CAGR of 7.2% from 2023 to 2030. Another source indicates the North America Air Purifier Market size is estimated at USD 4.5 billion in 2025, and is expected to reach USD 6.06 billion by 2030, at a CAGR of 6.13%. Yet another report states the North America Air Purifier Market was valued at USD 4.47 billion in 2024 and is expected to reach USD 6.63 billion by 2030, rising at a CAGR of 6.80%. The global air purifier market was valued at US$18.3 billion in 2025, with North America holding over a 34.8% share (USD 2.3 Billion revenue) in 2025. The U.S. residential air purifier market revenue was USD 3.9 billion in 2024, and it is expected to reach USD 5.9 billion in 2032.
- Health and Beauty Products: The North America beauty and personal care products market generated a revenue of USD 105.2 million in 2022 and is expected to reach US$ 377.7 million by 2030, growing at a CAGR of 7.6% from 2023 to 2030. Another report states the North America beauty and personal care market size reached USD 155.41 billion in 2026 and is projected to expand to USD 182.24 billion by 2031, advancing at a 4.58% CAGR. The North America Cosmetics Market is valued at USD 135 billion. The North America Beauty And Personal Care Products Market size is estimated at USD 129.45 billion in 2025, and is expected to reach USD 157.12 billion by 2030, at a CAGR of 3.95%. The skincare market size in North America was valued at USD 116.81 billion in 2024 and is predicted to be worth USD 222.46 billion by 2033 from USD 125.48 billion in 2025 and grow at a CAGR of 7.42 % from 2025 to 2033.
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- Expansion of Consumables and New Product Launches: Aterian plans to increase revenue through the introduction of new products, particularly focusing on consumables. These new product launches are initially sourced from the U.S., with plans to restart Asian-sourced product launches in the second half of 2026. Recent examples include Squatty Potty Wipes and Healing Solution Tallow Skin Care, as well as new products under the PurSteam and Mueller Living brands.
- Expansion into New Marketplace Channels (Omni-channel Strategy): The company is actively broadening its distribution beyond its core platforms like Amazon, Walmart.com, and Target.com. Aterian has expanded its presence to major retailers such as Home Depot, Best Buy, and Bed Bath & Beyond, aiming to enhance its omni-channel footprint and increase brand exposure.
- International Expansion in Latin America: Aterian is strategically expanding its e-commerce presence internationally, with a particular focus on Latin American markets. Following a 2024 launch in Mexico, the company has expanded its product offerings on Mercado Libre to include Chile, Colombia, and Argentina in the second quarter of 2025, with select products from brands like PurSteam, Mueller, and Squatty Potty.
- Supply Chain Diversification and Tariff Mitigation: Aterian is working to reduce its reliance on single-source manufacturing by diversifying its supply chain away from China. This strategy aims to mitigate the impact of tariffs, which have historically led to strategic price increases and affected consumer demand. By making products more competitively priced through resourcing and cost-management initiatives, Aterian expects to restore competitiveness and drive sales volume.
- Focus on Higher-Margin Consumable Products: A key part of Aterian's growth strategy involves a concentrated effort on developing and launching higher-contribution-margin consumable products. This shift, particularly towards U.S.-sourced consumables, is expected to improve profitability and contribute to overall revenue growth.
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Share Repurchases
- Aterian's Board of Directors authorized a share repurchase program of up to $3.0 million of the company's common stock for a period of two years, commencing on March 18, 2025, and ending March 18, 2027.
- The company's CEO, Arturo Rodriguez, indicated that this repurchase program reflects the Board's confidence in Aterian's future, its financial flexibility, and its commitment to delivering value to shareholders, believing the stock to be "significantly undervalued."
- The share repurchase program was suspended as of the third quarter of 2025.
Share Issuance
- In 2022, Aterian recognized a non-cash loss of $18.7 million on the initial issuance of equity.
- As of Q3 2025, Aterian had 10 million shares outstanding, which represented a 0.4% increase from the prior quarter.
Outbound Investments
- In the first quarter of 2021, Aterian announced the acquisition of Squatty Potty, a health and wellness brand, and closed the previously disclosed acquisition of Photo Paper Direct.
Capital Expenditures
- Aterian reported cash used in investing activities of $205 thousand for the nine months ended September 30, 2023.
- In Q3 2025, the company invested $40K in capital expenditures.
- For the full year 2024, capital expenditures amounted to $42K, which absorbed a significant portion of the operating cash flow.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Aterian Earnings Notes | 12/16/2025 | |
| Would You Still Hold Aterian Stock If It Fell Another 30%? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 23.20 |
| Mkt Cap | 1.3 |
| Rev LTM | 2,303 |
| Op Inc LTM | 124 |
| FCF LTM | 75 |
| FCF 3Y Avg | 102 |
| CFO LTM | 208 |
| CFO 3Y Avg | 121 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -5.2% |
| Rev Chg 3Y Avg | -3.5% |
| Rev Chg Q | -2.2% |
| QoQ Delta Rev Chg LTM | -0.2% |
| Op Inc Chg LTM | -12.1% |
| Op Inc Chg 3Y Avg | 27.4% |
| Op Mgn LTM | 6.3% |
| Op Mgn 3Y Avg | 6.3% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 5.7% |
| CFO/Rev 3Y Avg | 6.5% |
| FCF/Rev LTM | 3.5% |
| FCF/Rev 3Y Avg | 3.5% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Housewares | 15 | 23 | 26 | 33 | 34 |
| Heating, cooling and air quality | 14 | 26 | 35 | 68 | 74 |
| Essential oils and related accessories | 12 | 13 | 17 | 24 | 27 |
| Health and beauty | 11 | 13 | 16 | 17 | 16 |
| Kitchen appliances | 8 | 10 | 24 | 41 | 43 |
| Home office | 6 | 8 | 10 | 13 | 12 |
| Cookware, kitchen tools and gadgets | 3 | 6 | 12 | 20 | 23 |
| Other | 0 | 0 | 3 | 4 | 13 |
| Personal protective equipment | 2 | 6 | |||
| Total | 69 | 99 | 143 | 221 | 248 |
Price Behavior
| Market Price | $1.32 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 06/12/2019 | |
| Distance from 52W High | -20.5% | |
| 50 Days | 200 Days | |
| DMA Price | $1.05 | $0.86 |
| DMA Trend | indeterminate | up |
| Distance from DMA | 25.7% | 54.3% |
| 3M | 1YR | |
| Volatility | 168.2% | 105.6% |
| Downside Capture | -261.25 | 53.80 |
| Upside Capture | 139.58 | 33.75 |
| Correlation (SPY) | 2.6% | 16.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.73 | -2.69 | -0.30 | 0.62 | 1.40 | 1.44 |
| Up Beta | -2.83 | 0.31 | 0.19 | 1.07 | 2.33 | 1.58 |
| Down Beta | 13.77 | 1.33 | 3.75 | 3.13 | 3.73 | 1.41 |
| Up Capture | -47% | 31% | 45% | 33% | 3% | 60% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 10 | 22 | 36 | 62 | 109 | 331 |
| Down Capture | -742% | -1774% | -444% | -91% | 71% | 112% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 9 | 18 | 26 | 61 | 127 | 399 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ATER | |
|---|---|---|---|---|
| ATER | 2.8% | 105.1% | 0.44 | - |
| Sector ETF (XLY) | 10.1% | 18.5% | 0.38 | 9.9% |
| Equity (SPY) | 26.1% | 12.4% | 1.59 | 16.6% |
| Gold (GLD) | 24.1% | 27.5% | 0.77 | -4.3% |
| Commodities (DBC) | 18.5% | 18.8% | 0.77 | 1.6% |
| Real Estate (VNQ) | 11.8% | 13.8% | 0.57 | 8.2% |
| Bitcoin (BTCUSD) | -40.2% | 42.5% | -1.09 | 17.1% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ATER | |
|---|---|---|---|---|
| ATER | -62.4% | 111.7% | -0.37 | - |
| Sector ETF (XLY) | 6.7% | 23.9% | 0.24 | 27.4% |
| Equity (SPY) | 13.4% | 17.1% | 0.61 | 24.8% |
| Gold (GLD) | 17.1% | 18.3% | 0.76 | 1.3% |
| Commodities (DBC) | 7.5% | 19.4% | 0.28 | 5.3% |
| Real Estate (VNQ) | 2.1% | 18.9% | 0.01 | 20.8% |
| Bitcoin (BTCUSD) | 9.4% | 54.1% | 0.37 | 14.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ATER | |
|---|---|---|---|---|
| ATER | -35.1% | 109.6% | -0.06 | - |
| Sector ETF (XLY) | 12.5% | 22.1% | 0.52 | 24.4% |
| Equity (SPY) | 15.4% | 18.0% | 0.73 | 22.0% |
| Gold (GLD) | 12.2% | 16.1% | 0.62 | 2.3% |
| Commodities (DBC) | 6.0% | 18.0% | 0.26 | 8.1% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 17.6% |
| Bitcoin (BTCUSD) | 59.9% | 66.8% | 1.00 | 13.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/3/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/13/2025 | 1.2% | -15.5% | -15.1% |
| 8/13/2025 | -26.2% | -23.7% | -25.0% |
| 5/14/2025 | -16.4% | -22.7% | -41.2% |
| 3/18/2025 | 28.0% | 13.7% | -19.4% |
| 11/12/2024 | -2.4% | -19.0% | -20.0% |
| 8/8/2024 | 13.1% | 0.0% | 16.4% |
| 5/7/2024 | 9.4% | 14.2% | 4.3% |
| 3/12/2024 | -18.3% | -30.0% | -54.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 9 | 9 |
| # Negative | 14 | 14 | 14 |
| Median Positive | 9.5% | 7.9% | 16.4% |
| Median Negative | -7.4% | -15.4% | -20.2% |
| Max Positive | 28.0% | 15.1% | 41.5% |
| Max Negative | -33.3% | -50.9% | -54.6% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/13/2025 | 1.2% | -15.5% | -15.1% |
| 8/13/2025 | -26.2% | -23.7% | -25.0% |
| 5/14/2025 | -16.4% | -22.7% | -41.2% |
| 3/18/2025 | 28.0% | 13.7% | -19.4% |
| 11/12/2024 | -2.4% | -19.0% | -20.0% |
| 8/8/2024 | 13.1% | 0.0% | 16.4% |
| 5/7/2024 | 9.4% | 14.2% | 4.3% |
| 3/12/2024 | -18.3% | -30.0% | -54.6% |
| 11/8/2023 | 3.4% | 7.9% | 1.3% |
| 8/8/2023 | -7.7% | -0.5% | -11.1% |
| 4/19/2023 | -2.7% | -12.5% | -33.8% |
| 1/17/2023 | -6.8% | 1.5% | 3.0% |
| 11/8/2022 | -4.7% | 15.1% | -1.9% |
| 8/8/2022 | -14.1% | 7.7% | -21.5% |
| 5/9/2022 | -10.8% | -12.8% | -20.8% |
| 3/8/2022 | 11.6% | -6.6% | 41.5% |
| 11/8/2021 | 12.5% | 3.4% | -10.9% |
| 8/9/2021 | -33.3% | -50.9% | -13.5% |
| 5/6/2021 | -4.9% | -22.6% | 23.0% |
| 3/8/2021 | 0.7% | -12.4% | -20.4% |
| 11/9/2020 | -1.9% | -13.5% | 22.7% |
| 7/30/2020 | -7.0% | -15.3% | 3.6% |
| 6/4/2020 | 9.5% | 13.3% | 16.6% |
| SUMMARY STATS | |||
| # Positive | 9 | 9 | 9 |
| # Negative | 14 | 14 | 14 |
| Median Positive | 9.5% | 7.9% | 16.4% |
| Median Negative | -7.4% | -15.4% | -20.2% |
| Max Positive | 28.0% | 15.1% | 41.5% |
| Max Negative | -33.3% | -50.9% | -54.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/15/2026 | 10-Q |
| 12/31/2025 | 03/23/2026 | 10-K |
| 09/30/2025 | 11/13/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 03/25/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 03/19/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 03/16/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/08/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/15/2026 | 10-Q |
| 12/31/2025 | 03/23/2026 | 10-K |
| 09/30/2025 | 11/13/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 03/25/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 03/19/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 03/16/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/08/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
| 12/31/2021 | 03/16/2022 | 10-K |
| 09/30/2021 | 11/09/2021 | 10-Q |
| 06/30/2021 | 08/09/2021 | 10-Q |
| 03/31/2021 | 05/11/2021 | 10-Q |
| 12/31/2020 | 03/16/2021 | 10-K |
| 09/30/2020 | 11/09/2020 | 10-Q |
| 06/30/2020 | 07/31/2020 | 10-Q |
| 03/31/2020 | 05/11/2020 | 10-Q |
| 12/31/2019 | 03/30/2020 | 10-K |
| 09/30/2019 | 11/05/2019 | 10-Q |
| 06/30/2019 | 08/01/2019 | 10-Q |
Insider Activity
Updated 5/1/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rodriguez, Arturo | Chief Executive Officer | Direct | Sell | 6132025 | 1.23 | 6,205 | 7,632 | 1,182,212 | Form |
| 2 | Feldman, Joshua O | Chief Financial Officer | Direct | Sell | 6132025 | 1.23 | 1,254 | 1,542 | 464,254 | Form |
| 3 | Zahut, Roi Zion | Chief Technology Officer | Direct | Sell | 6132025 | 1.23 | 3,900 | 4,797 | 462,920 | Form |
| 4 | Rodriguez, Arturo | Chief Executive Officer | Direct | Sell | 6132025 | 1.32 | 46,052 | 60,789 | 1,276,906 | Form |
| 5 | Feldman, Joshua O | Chief Financial Officer | Direct | Sell | 6132025 | 1.32 | 15,322 | 20,225 | 499,879 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rodriguez, Arturo | Chief Executive Officer | Direct | Sell | 6132025 | 1.23 | 6,205 | 7,632 | 1,182,212 | Form |
| 2 | Feldman, Joshua O | Chief Financial Officer | Direct | Sell | 6132025 | 1.23 | 1,254 | 1,542 | 464,254 | Form |
| 3 | Zahut, Roi Zion | Chief Technology Officer | Direct | Sell | 6132025 | 1.23 | 3,900 | 4,797 | 462,920 | Form |
| 4 | Rodriguez, Arturo | Chief Executive Officer | Direct | Sell | 6132025 | 1.32 | 46,052 | 60,789 | 1,276,906 | Form |
| 5 | Feldman, Joshua O | Chief Financial Officer | Direct | Sell | 6132025 | 1.32 | 15,322 | 20,225 | 499,879 | Form |
| 6 | Zahut, Roi Zion | Chief Technology Officer | Direct | Sell | 6132025 | 1.32 | 16,980 | 22,414 | 501,941 | Form |
| 7 | Kurtz, William | Direct | Sell | 6112025 | 1.39 | 5,000 | 6,950 | 52,117 | Form | |
| 8 | Kurtz, William | Direct | Sell | 6112025 | 1.41 | 4,722 | 6,658 | 59,917 | Form | |
| 9 | Lepper, Phillip | Chief Commercial Officer | Direct | Sell | 5222025 | 1.65 | 27,532 | 45,428 | 248,163 | Form |
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Household Appliances Resources |
| Twice |
| Appliance Retailer |
| Consumer Reports - Appliances |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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