---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-023271"
form_type: "8-K"
ticker: "ATER"
cik: "0001757715"
company_name: "Aterian, Inc."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:13:00.490276+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Aterian Q3 revenue $66.3M, operating loss $(108.9)M, guides Q4 $45-55M

## Summary
- Net revenue $66.3M (-2.6% YoY); gross margin 45.5% vs 50.2%, hit by high-cost inventory liquidation.
- Operating loss $(108.9)M includes $90.9M goodwill impairment; net loss $(116.9)M vs $(110.6)M.
- Adjusted EBITDA $(9.1)M vs $0.7M; targeting positive Adj. EBITDA in H2 2023.
- Q4 2022 outlook: net revenue $45-55M, reflecting continued inventory liquidation.
- Cash $26.0M; CEO notes China shipping costs down ~90% from H2 2021 peak.

## SEC filing metadata
- accession: 0000950170-22-023271
- form_type: 8-K
- ticker: ATER
- cik: 0001757715
- company_name: Aterian, Inc.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1757715/000095017022023271/0000950170-22-023271-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1757715/000095017022023271/ater-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-023271
- JSON: https://secwatch.observer/filing/0000950170-22-023271.json
- Plain text: https://secwatch.observer/filing/0000950170-22-023271.txt

## Key facts
- Earnings Releases
  Aterian, Inc. reported the three months ended September 30, 2022 results: revenue $66.3 million.
  - Period: the three months ended September 30, 2022
  - Revenue: $66.3 million
  - Result: reported results
  source text: to be furnished under Item 2.02 and --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Aterian Reports Third Quarter 2022 Results Reports Third Quarter 2022 Net Revenue of $66.3 Million Targeting Adjusted EBITDA Profitability in the Second Half of 2023 Driven Primarily by Improving International Shipping Rates and Cost Reductions NEW YORK, November 8, 2022 –
  evidence_url: https://www.sec.gov/Archives/edgar/data/1757715/000095017022023271/0000950170-22-023271-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
