---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-039912"
form_type: "8-K"
ticker: "ATER"
cik: "0001757715"
company_name: "Aterian, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:25:30.301303+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Aterian reports Q2 net revenue down 39.5% to $35.3M, net loss $34.8M, guides Q3 rev $32.5-37.5M

## Summary
- Net revenue $35.3M, down 39.5% YoY; gross margin fell to 42.2% from 53.8%.
- Operating loss $36.4M vs $10.1M loss YoY, including $22.8M non-cash impairment and $1.2M restructuring.
- Net loss $34.8M vs $6.3M loss YoY; adjusted EBITDA loss $8.0M vs $3.7M loss.
- Cash balance $28.9M at June 30, 2023.
- Q3 2023 guidance: net revenue $32.5-37.5M, adjusted EBITDA loss $4.5-5.5M.

## SEC filing metadata
- accession: 0000950170-23-039912
- form_type: 8-K
- ticker: ATER
- cik: 0001757715
- company_name: Aterian, Inc.
- filed_at: 2023-08-08T23:59:59+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/1757715/000095017023039912/0000950170-23-039912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1757715/000095017023039912/ater-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-039912
- JSON: https://secwatch.observer/filing/0000950170-23-039912.json
- Plain text: https://secwatch.observer/filing/0000950170-23-039912.txt

## Key facts
- Earnings Releases
  Aterian, Inc. reported second quarter ended June 30, 2023 results: revenue $35.3 million, net income ($34.8) million. Guidance initiated.
  - Period: second quarter ended June 30, 2023
  - Revenue: $35.3 million
  - Net income: ($34.8) million
  - Guidance: initiated
  - Result: reported results
  source text: Aterian Reports Second Quarter 2023 Results Reports Second Quarter 2023 Net Revenue of $35.3 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1757715/000095017023039912/0000950170-23-039912-index.htm

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