Flagship explainer

How Aterian, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$69M · 100%Cost of revenue$29.8M · 43%Gross profit$39.1M · 57%Operating income−$18M · −26%Income before tax−$18.9M · −27%Income tax$41000 · 0%Net income−$19M · −28%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$69M100%
Cost of revenue$29.8M43%
$39.1M57%
−$18M−26%
Income before tax−$18.9M−27%
Income tax$410000%
−$19M−28%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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