---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-015103"
form_type: "8-K"
ticker: "ATER"
cik: "0001757715"
company_name: "Aterian, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:26:54.895717+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Aterian Q1 revenue down 42% to $20.2M, net loss improves 80% to $5.2M loss

## Summary
- Net revenue $20.2M (down 42.0% YoY); gross margin improved to 65.1% from 54.8%.
- Net loss of $5.2M improved 80.0% YoY; adjusted EBITDA loss of $2.6M improved 38.4%.
- Operating loss of $5.3M improved 78.9% YoY; includes $1.7M stock comp and $0.6M restructuring.
- Total cash $17.5M at March 31, 2024; Q2 outlook revenue $20-23M, adj. EBITDA loss ($1-2M).
- Company reaffirms target of second-half 2024 adjusted EBITDA profitability.

## SEC filing metadata
- accession: 0001437749-24-015103
- form_type: 8-K
- ticker: ATER
- cik: 0001757715
- company_name: Aterian, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1757715/000143774924015103/0001437749-24-015103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1757715/000143774924015103/ater20240506_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-015103
- JSON: https://secwatch.observer/filing/0001437749-24-015103.json
- Plain text: https://secwatch.observer/filing/0001437749-24-015103.txt

## Key facts
- Earnings Releases
  Aterian, Inc. reported first quarter ended March 31, 2024 results: revenue $20.2 million, net income ($5.2) million. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: $20.2 million
  - Net income: ($5.2) million
  - Guidance: reaffirmed
  - Result: reported results
  source text: (“Aterian” or the “Company”) today announced results for the first quarter ended March 31, 2024. First Quarter Highlights ● First quarter 2024 net revenue declined 42.0% to $20.2 million, compared to $34.9 million in the first quarter of 2023. ● First quarter 2024 gross margin improved to 65.1%, compared to 54.8% in the first quarter of 2023, primarily reflecting
  evidence_url: https://www.sec.gov/Archives/edgar/data/1757715/000143774924015103/0001437749-24-015103-index.htm

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