Aterian (ATER) Gross Margin (2018 - 2026)
Aterian (ATER) recorded Gross Margin of 14.29% in Q2 2026, down 32.31 percentage points from 46.59% a year earlier and down 41.27 percentage points from the prior quarter.
Aterian (ATER) Gross Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Aterian's Gross Margin came in at 56.09% as of Jun 30, 2026, down 5.73 percentage points year-over-year; for FY2025, it was 56.76%, down 5.33 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +11.12 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 62.09% in FY2024 (+12.79 pp), 49.30% in FY2023 (+1.59 pp), 47.71% in FY2022 (-1.48 pp) and 49.18% in FY2021 (+3.55 pp).
- The Q2 2026 figure is the lowest quarterly Gross Margin in data going back to Q2 2018.
- On a year-over-year basis, Gross Margin has declined for five consecutive quarters, with an average year-over-year change of -5.48 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 18.12 percentage points in Q2 2024, against a drop of 32.31 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 55.56% (Q1 2026), 56.10% (Q4 2025) and 56.10% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn | 52.26% |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn | 33.67% |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn | 33.41% |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn | 33.04% |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn | 33.83% |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn | 33.67% |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn | 51.45% |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn | 18.76% |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn | 52.15% |
| 10 | Aterian | 7.07 Mn | -10.24 Mn | 1,000.00 | 14.29% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.29% |
| Mar 31, 2026 | 55.56% |
| Dec 31, 2025 | 56.10% |
| Sep 30, 2025 | 56.10% |
| Jun 30, 2025 | 46.59% |
| Mar 31, 2025 | 79.37% |
| Dec 31, 2024 | 63.43% |
| Sep 30, 2024 | 60.32% |
| Jun 30, 2024 | 60.36% |
| Mar 31, 2024 | 65.14% |
| Dec 31, 2023 | 51.02% |
| Sep 30, 2023 | 49.37% |
| Jun 30, 2023 | 42.24% |
| Mar 31, 2023 | 54.75% |
| Dec 31, 2022 | 37.12% |
| Sep 30, 2022 | 45.52% |
| Jun 30, 2022 | 53.80% |
| Mar 31, 2022 | 56.65% |
| Dec 31, 2021 | 45.61% |
| Sep 30, 2021 | 50.17% |
Aterian Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ATER&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ATER", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ATER&period=max&api_key=YOUR_API_KEY");
const data = await res.json();