Aterian, Inc. (ATER) Stock Price & Analysis
Aterian, Inc. (ATER) closed at USD 0.62 on Friday, October 23, 2026, down 0.62% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 0.63; the Oct 23, 2026 session ranged USD 0.61–0.65 on volume of 60,354 shares. Market capitalization is $161.74M, with a 52-week range of USD 0.35–1.87 (NCM). Source: Nexqual, retrieved October 24, 2026 at 14:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ATER.md
Key facts (ATER)
- Last four reported quarters (through Jun 30, 2026): revenue $34.2M, net income -$16.9M (-49.3% margin), free cash flow -$2.6M (SEC filings).
- Analysts: None.
- Total return with dividends: 1Y -38.3% vs S&P 500 +13.4%; 5Y -99.2% vs S&P 500 +76.9%.
- Next earnings: 2026-11-12, EPS estimate USD —, revenue estimate $0K.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ATER)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $248M | $221M | $143M | $99.0M | $69.0M | $34.2M |
| Gross profit | $122M | $106M | $70.3M | $61.5M | $39.1M | — |
| Operating income | -$34.1M | -$178M | -$76.2M | -$11.8M | -$18.0M | -$16.9M |
| Net income | -$236M | -$196M | -$74.6M | -$11.9M | -$19.0M | -$16.9M |
| EPS (diluted) | -$80.04 | -$35.40 | — | — | — | — |
| Free cash flow | -$42.0M | -$17.6M | -$13.5M | $2.1M | -$10.9M | -$2.6M |
| Gross margin | 49.2% | 47.7% | 49.3% | 62.1% | 56.8% | — |
| Operating margin | -13.8% | -80.6% | -53.4% | -11.9% | -26.1% | -49.6% |
| Net margin | -95.3% | -88.8% | -52.3% | -12.0% | -27.5% | -49.3% |
| Revenue growth | +33.4% | -10.7% | -35.5% | -30.5% | -30.4% | — |
| Cash + short-term investments | $30.3M | $43.6M | $20.0M | $18.0M | $4.9M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ATER)
P/S 4.7x · P/B 12.8x · FCF yield -1.61% · Earnings yield -10.42%
Analysts (ATER)
Consensus None.
Total return (dividends reinvested) (ATER)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -38.3% | -99.2% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -38.4% | -61.9% |
| Volatility (annualized) | 118.3% | 105.4% |
| Max drawdown | -74.0% (Jun 2026→Jul 2026) | -99.5% (Nov 2021→Aug 2026) |
ATER revenue by product line (quarter ended Sep 30, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Heating Cooling & Air Quality | $5.7M | 30.0% | -31.0% |
| Housewares | $3.8M | 19.8% | -33.8% |
| Health & Beauty | $3.0M | 15.7% | +6.2% |
| Essential Oils & Related Accessories | $2.9M | 15.3% | -11.7% |
| Kitchen Appliances | $1.9M | 9.9% | -32.5% |
| Home Office | $1.4M | 7.5% | -27.2% |
| Cookware Kitchen Tools & Gadgets | $328,000 | 1.7% | -76.5% |
| Product & Service Other | $4,000 | 0.0% | -55.6% |
| Total revenue | $19.0M | 100% | — |
ATER revenue by region (quarter ended Sep 30, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| North America | $17.8M | 93.4% | -28.3% |
| Other Than North America | $1.3M | 6.6% | -14.1% |
| Total revenue | $19.0M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
ATER suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | China Export & Credit Insurance | “We also rely on the availability of export credit insurance from the China Export & Credit Insurance Corporation ("Sinosure"), a Chinese state-owned enterprise, that provides export credit insurance to our contract manufacturers.” |
| Customer | Amazon (AMZN) | “Our customers are mainly individual online consumers who purchase our products primarily on Amazon US, and to a lesser extent on our owned and operated websites and other marketplaces, such as Walmart.” |
| Customer | Walmart (WMT) | “Our customers are mainly individual online consumers who purchase our products primarily on Amazon US, and to a lesser extent on our owned and operated websites and other marketplaces, such as Walmart.” |
| Customer | Meta Platforms (META) | “We also intend to use certain social media channels, including, but not limited to, X (formerly Twitter), Facebook, Instagram, TikTok and LinkedIn, as a means of communicating with the public, our customers and investors about our Company, our products, and other matters.” |
| Customer | ByteDance | “We also intend to use certain social media channels, including, but not limited to, X (formerly Twitter), Facebook, Instagram, TikTok and LinkedIn, as a means of communicating with the public, our customers and investors about our Company, our products, and other matters.” |
| Customer | Alphabet (Google) (GOOGL) | “These third-party AI systems often function as 'black boxes,' and any updates or shifts in the underlying models used by marketplaces like Amazon or search engines like Google could suddenly de-prioritize our product listings or increase our customer acquisition costs without notice.” |
| Partner | The Nasdaq Stock Market | “Under the Nasdaq Rules, a majority of the members of our Board must satisfy the Nasdaq criteria for "independence." No director qualifies as independent under the Nasdaq Rules unless our Board affirmatively determines that the director does not have a relationship with us that would impair independence (directly or as a partner, stockholder or officer of an organization that has a relationship with us).” |
Quoted from the company's 10-K filed Mar 23, 2026.
ATER customer concentration
In the period ended Dec 31, 2025, a single direct customer accounted for 86% of revenue, per the company's 10-K filed Mar 23, 2026. The company does not name it.
ATER company outlook (results filed Nov 13, 2025)
- “We remain confident in our ability to meet our financial forecasts for the second half of 2025.”
- “We expect to realize further operational efficiencies in 2026 when our previously announced workforce reductions and vendor savings initiatives fully take hold.”
- “We also expect a working capital benefit in 2026 as we draw down inventory purchased in advance of tariffs to meet anticipated customer demand." Third Quarter 2025 Highlights All comparisons are to the third quarter ended”
Quoted word-for-word from the SEC 8-K results press release.
ATER analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Mar 2026) | — | — | — | $0 | — |
| Next quarter | — | — | — | $0 | — |
| Current fiscal year | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |
ATER options: expected move
Options price a move of about ±40.5% (±$0.25) by Nov 20, 2026, which includes earnings on Nov 12, 2026. Over the last 8 reports the stock moved ±16.5% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 27 | 206.7% | ±40.5% |
| Feb 19, 2027 | 118 | 247.8% | ±38.9% |
30-day implied volatility 130.2% vs 60.9% realized over the last 30 trading days. Put/call ratio (volume) —. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 24, 2026 at 14:22 UTC)
| Price | USD 0.62 |
|---|---|
| Change | ▼ 0.62% (down) |
| Previous Close | USD 0.63 |
| Open | USD 0.62 |
| Day Range | USD 0.61 – 0.65 |
| 52-Week Range | USD 0.35 – 1.87 |
| Volume | 60,354 shares |
| Market Cap | $161.74M |
| Exchange | NCM |
Technical Analysis (ATER)
Nexqual's technical model rates ATER "NEUTRAL" based on 3 bullish and 2 bearish signals across 127 daily candles, as of October 24, 2026 at 14:22 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 48.56 (neutral) |
| vs SMA50 | Above (USD 0.59) |
| MACD | -0.01 (negative) |
Analyst Ratings (ATER)
Wall Street analysts rate ATER "None", per Nexqual as of October 24, 2026 at 14:22 UTC.
| Consensus Rating | None |
|---|
Earnings (ATER)
| Next Earnings Date | 2026-11-12 |
|---|
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2025-06-30 | USD -0.63 vs est -0.54 ▼ miss |
| 2025-03-31 | USD -0.52 vs est -0.69 ▲ beat |
Source: Nexqual, October 24, 2026 at 14:22 UTC.
Financials & Fundamentals (ATER)
| Total Revenue | $68.85M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -92.00% |
| Gross Margin | +56.75% |
| Operating Margin | -56557.15% |
| Profit Margin | -24.48% |
| ROE | -104.03% |
| Debt / Equity | 0 |
| Current Ratio | 2.13 |
| Total Cash | $2.55M |
| Total Debt | $38,000 |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$2.60M (-7.6% of revenue) |
Source: Nexqual, October 24, 2026 at 14:22 UTC.
Financial Health Score (ATER)
Nexqual rates Aterian, Inc.'s overall financial health "Weak" across five dimensions, as of October 24, 2026 at 14:22 UTC.
| Growth | Critical — Revenue -30% YoY (annual), sharp decline |
|---|---|
| Profitability | Critical — Heavily loss-making — early-stage company |
| Balance Sheet | Strong — $3M cash, no debt |
| Cash Flow | Weak — FCF negative: -$3M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -104%, ROA -26.1% |
Ownership (ATER)
| Insider Ownership | +354.09% |
|---|---|
| Institutional Ownership | +3.82% |
| Shares Outstanding | 259.83M |
| Float | 4.98M |
| Short % of Float | +0.24% |
Source: Nexqual, October 24, 2026 at 14:22 UTC.
Leadership (ATER)
Aterian, Inc. is led by David Elliot Lazar, CEO, Chairman & Interim CFO and Principal Financial Officer, per Nexqual as of October 24, 2026 at 14:22 UTC.
| CEO, Chairman & Interim CFO and Principal Financial Officer | David Elliot Lazar |
|---|---|
| Senior Director of Accounting | Gary Troyanowski |
Major Backers & Investors (ATER)
Notable institutional backers of Aterian, Inc. include Renaissance Technologies, Bridgeway Capital Management, LLC, Bridgeway Funds, Inc.-Ultra-Small Company Fund, according to Nexqual as of October 24, 2026 at 14:22 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Renaissance Technologies | 2.48% |
| Bridgeway Capital Management, LLC | 0.58% |
| Bridgeway Funds, Inc.-Ultra-Small Company Fund | 0.58% |
| Jane Street Group, LLC | 0.55% |
| Susquehanna International Group, LLP | 0.53% |
| Xtx Topco Ltd | 0.35% |
| Fidelity | 0.32% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 0.93% |
| BlackRock | 0.8% |
| Geode Capital | 0.68% |
Source: Nexqual, October 24, 2026 at 14:22 UTC.
From Aterian, Inc.'s Latest SEC 10-K Filing (filed 2026-03-23)
Key Strengths & Strategy (as disclosed to the SEC)
- Historically, we developed the majority of our technology internally.
- We believe that the use of technology allows us to automate and ingest data to create efficiencies within our sales and marketing and our supply chain.
- However, in February 2024, we announced that we have shifted our technology platform away from a fully internally developed model to an integrated third-party, best-of-breed model.
Legal & Regulatory Risks (Item 1A, quoted)
- Claims, litigation, government investigations, product liability and recalls, and other proceedings may adversely affect our business, operating results, financial condition, and cash flows.
- We are, from time to time, involved in various claims, litigation matters and regulatory proceedings that could have a material adverse effect on us.
- We face exposure to product liability and other claims in the event that one of our products is alleged to have resulted in property damage, bodily injury or other adverse effects. In addition, if we are required to, or voluntarily, repair, replace or refund one or more of our products, it could have a material impact on our business, operating results, financial condition and reputation.
- Risks Relating to the Ownership of our Common Stock
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| FLXS | Flexsteel Industries, Inc. | USD 84.18 | ▼ 0.94% |
| HBB | Hamilton Beach Brands Holding C | USD 33.19 | ▼ 0.6% |
| ETD | Ethan Allen Interiors Inc. | USD 20.45 | ▼ 1.64% |
| XMAX | XMAX, Inc. | USD 8.66 | ▼ 1.03% |
| LZB | La-Z-Boy Incorporated | USD 29.98 | ▼ 1.38% |
| MLKN | MillerKnoll, Inc. | USD 21.14 | ▼ 2.49% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 24, 2026 at 14:22 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt