Filing Flows › Aterian (ATER) › Q4 2025
Aterian (ATER) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 23, 2026
Aterian (ATER) reported revenue of $15.1M for the fourth quarter 2025 (Q4 2025), -39% from a year earlier and -20% from the quarter before. Operating margin was -51.1%, net loss $7.9M (52.5% of revenue).
Aterian, Q4 2025: revenue $15.1M (-38% year over year), operating margin -51.1%, net loss $7.9M, operating cash flow −$1.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.1M | -20% | -39% |
| Operating profit | −$7.7M | — | — |
| Net earnings | −$7.9M | — | — |
| Operating cash flow | −$1.0M | — | — |
What changed
Revenue was $15.1M in Q4 2025, down 39% year over year and down 20% from the previous quarter. Housewares was the largest line at 22% of revenue.
Gross margin was 56.1%, down 7.3 points from Q4 2024. Operating costs exceeded revenue by $7.7M, an operating margin of -51.1%. Operating expenses fell 6% while revenue fell 39%. The quarter ended with a net loss of $7.9M, wider than the previous quarter's $2.3M loss.
Operating cash flow was −$1.0M. Non-cash charges added back $401K of depreciation and amortization and $544K of share-based compensation. Working capital and other items added $6.0M. Capital expenditures of $5K exceeded it, leaving free cash flow of −$1.0M.
Questions
What was Aterian's revenue in the fourth quarter 2025?
Aterian (ATER) reported revenue of $15.1M for the fourth quarter 2025 (Q4 2025), -39% from a year earlier and -20% from the quarter before.
Was Aterian profitable in the fourth quarter 2025?
Operating loss was $7.7M (-51.1% of revenue) and net loss $7.9M.
Source: Aterian 10-K on SEC EDGAR.