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How Aterian (ATER) makes money

Aterian (ATER) made $7K of revenue in the second quarter 2026 (Q2 2026), -100% from a year earlier.

Drawing the Sankey…

Aterian: revenue by line, Q4 2024 to Q4 2025Aterian: revenue by line, Q4 2024 to Q4 2025HousewaresHeating, Cooling, and…Health and BeautyEssential Oils and Re…Kitchen AppliancesHome OfficeCookware, Kitchen Too…Product and Service, …Housewares: $3.3M latest$3.3MHeating, Cooling, and Air Quality: $2.1M latest$2.1MHealth and Beauty: $2.7M latest$2.7MEssential Oils and Related Accessories: $3.1M latest$3.1MKitchen Appliances: $1.5M latestHome Office: $1.6M latestCookware, Kitchen Tools, and Gadgets: $971K latestProduct and Service, Other: $1K latestQ4 2024Q3 2025Q4 2025
Essential Oils and Related Accessories went from 12% of revenue in Q4 2024 to 20% in Q4 2025, the largest shift in the mix.
Aterian revenue by quarterAterian revenue by quarter$24.6MQ4 2024$15.4MQ1 2025$19.5MQ2 2025$19.0MQ3 2025$15.1MQ4 2025$18KQ1 2026$7KQ2 2026

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$7K100.0%
Operating cash flow$438Kn/m
Free cash flow$424Kn/m

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$7K-100%
Q1 2026$18K-100%
Q4 2025$15.1M-38%
Q3 2025$19.0M-28%
Q2 2025$19.5M-30%
Q1 2025$15.4M-24%
Q4 2024$24.6M-25%

From Aterian's 10-Q filed Aug 14, 2026 (on EDGAR).

Questions

How does Aterian make money?

Aterian (ATER) made $7K of revenue in the second quarter 2026 (Q2 2026), -100% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.