Aterian, Inc.(ATER)Stock Analysis
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Rank #2,782 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ATER Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Aterian, Inc. (ATER), a Technology sector company. 13F Pro's AI-powered ranking engine scores ATER at 12.4/100 on a 32-signal composite quality model, placing it at rank #2,782 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue growth (2.5) and balance sheet strength (2.5), which score below median versus the broader universe. Shareholder dilution risk is elevated at 32.6/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Aterian, Inc. reports quarterly revenue of $18.0K, net income of $-6.1M, free cash flow of $-367.0K. Top institutional holders of ATER by reported 13-F value include GEODE CAPITAL MANAGEMENT,, BlackRock,, XTX Topco Ltd, based on the most recent SEC filings. ATER trades on the Nasdaq exchange and files with the SEC under CIK 1757715. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ATER daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Aterian, Inc. directly from SEC EDGAR. Aterian, Inc.'s 13F Pro composite quality score has ranged between 11 and 37 since 2021, currently 12.4 — a declining long-term trajectory across 26 quarterly and live scoring snapshots.
Revenue
Q1 2026
$18.0K
Net Income
Q1 2026
$-6.1M
Free Cash Flow
Q1 2026
$-367.0K
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-30.5% YoYNet Income
+84.1% YoYOperating Income
+84.5% YoYEPS (Diluted)
Total Assets
-19.9% YoYTotal Debt
Op. Cash Flow
+116.2% YoY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $99.0M -30.5% | $142.6M -35.5% | $221.2M -10.7% | $247.8M +33.4% | $185.7M +62.3% | $114.5M |
| Net Income | $-11.9M +84.1% | $-74.6M +62.0% | $-196.3M +16.8% | $-236.0M -273.9% | $-63.1M -7.4% | $-58.8M |
| Operating Income | $-11.8M +84.5% | $-76.2M +57.2% | $-178.2M -422.8% | $-34.1M +1.9% | $-34.8M +36.0% | $-54.3M |
| EPS (Diluted) | — | — | $-2.95 +55.8% | $-6.67 | — | — |
| Total Assets | $49.5M -19.9% | $61.9M -60.5% | $156.4M -50.1% | $313.6M +99.2% | $157.5M +111.6% | $74.4M |
| Total Debt | — | — | — | — | — | $35.1M |
| Operating Cash Flow | $2.2M +116.2% | $-13.4M +23.4% | $-17.5M +58.4% | $-42.0M -789.0% | $6.1M +124.2% | $-25.2M |
AI Insight: ATER Financial Trends
Aterian's revenue has collapsed to near-zero in Q1 2026, with cumulative losses eroding equity from $31M to $10M in less than two years.
• Revenue declined 93% from $28M (Q2 2024) to $0M (Q1 2026), with accelerating deterioration in 2025.
• Equity fell 68% from $31M to $10M over eight quarters as persistent operating losses mounted.
• Operating cash flow turned negative in Q3 2024 and remained underwater, draining $11M cumulatively.
⚠ Q1 2026 near-zero revenue suggests business shutdown or severe operational distress; solvency at risk.
⚠ Cumulative net losses of $32M against $10M equity; balance sheet sustainability critical.
AI Insight: ATER Ratio Trends
Aterian collapsed into severe losses across all profitability metrics in Q4 2025, with operating margin plummeting to -51.1% and no stabilization visible.
• Operating margin deteriorated sharply: -10.7% in Q3 2025 to -51.1% in Q4 2025, reversing three quarters of improvement.
• Net profit margin followed suit, dropping from -12.0% in Q3 2025 to -52.5% in Q4 2025, indicating fundamental profitability breakdown.
• TTM operating margin now -32.6%, reflecting sustained losses across the trailing twelve months with no recovery evident.
⚠ Q4 2025 represents an unprecedented loss quarter; investigate whether Q4 included one-time charges or structural operational failure.
⚠ Q1 2026 data missing entirely; unclear if company continues operating or is in financial distress transition.
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Available Research
13F Pro tracks comprehensive data for Aterian, Inc. including:
Top Institutional Holders of ATER
GEODE CAPITAL MANAGEMENT, LLC
$76.7K133,874 shBlackRock, Inc.
$41.4K72,289 shXTX Topco Ltd
$33.2K57,918 shVANGUARD CAPITAL MANAGEMENT LLC
$32.7K57,047 shRENAISSANCE TECHNOLOGIES LLC
$27.9K48,647 shSUSQUEHANNA INTERNATIONAL GROUP, LLP
$21.2K36,991 shJANE STREET GROUP, LLC
$18.4K32,180 shVANGUARD FIDUCIARY TRUST CO
$14.9K25,994 shSTATE STREET CORP
$13.8K24,007 shCITADEL ADVISORS LLC
$8.3K14,400 sh
| Fund | Value | Shares |
|---|---|---|
| GEODE CAPITAL MANAGEMENT, LLC | $76.7K | 133,874 |
| BlackRock, Inc. | $41.4K | 72,289 |
| XTX Topco Ltd | $33.2K | 57,918 |
| VANGUARD CAPITAL MANAGEMENT LLC | $32.7K | 57,047 |
| RENAISSANCE TECHNOLOGIES LLC | $27.9K | 48,647 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $21.2K | 36,991 |
| JANE STREET GROUP, LLC | $18.4K | 32,180 |
| VANGUARD FIDUCIARY TRUST CO | $14.9K | 25,994 |
| STATE STREET CORP | $13.8K | 24,007 |
| CITADEL ADVISORS LLC | $8.3K | 14,400 |
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Popular Research
Is ATER a good stock to buy?
13F Pro's AI-powered analysis of Aterian, Inc. (ATER) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ATER are available on the ATER stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ATER?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ATER. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Aterian, Inc.'s investment landscape.