Atour Lifestyle Holdings (ATAT) Gross Margin (2021 - 2026)
Atour Lifestyle Holdings (ATAT) posted Gross Margin of 99.5% for Q2 2026, little changed on a QoQ basis from 99.43% in Q1 2026, and up 72.0% year-over-year from 57.85% in Q2 2025.
Analysis
Atour Lifestyle Holdings (ATAT) Gross Margin (2021 - 2026) Analysis & Trends
Atour Lifestyle Holdings has reported Gross Margin for 6 years, with the latest figure at 99.5% in Q2 2026.
- On a quarterly basis, Gross Margin rose 72.0% year-over-year to 99.5% in Q2 2026; TTM through Jun 2026 was 99.5%, a 77.0% increase from a year earlier, with the FY2025 full-year figure at 44.54%, up 178.0% from the prior year.
- Gross Margin was 99.5% for Q2 2026 at Atour Lifestyle Holdings, roughly flat from 99.43% in the prior quarter.
- The five-year high for Gross Margin was 100.3% in Q1 2024, with the low at 88.94% in Q2 2023.
- Average Gross Margin over 5 years is 96.99%, with a median of 98.67% recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 296 bps in 2023, then soared 1050 bps in 2024.
- Over 5 years, Gross Margin stood at 98.54% in 2022, then retreated by 1 bps to 97.96% in 2023, then increased by 1 bps to 99.19% in 2024, then advanced by 1 bps to 99.86% in 2025, then declined by 0 bps to 99.5% in 2026.
- The last three Gross Margin figures came in at 99.5% (Q2 2026), 99.43% (Q1 2026), and 99.86% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 87.75 Bn | 87.29 Bn | 1.97 Bn | 27.87% |
| 2 | Hilton Worldwide Holdings | 70.18 Bn | 69.20 Bn | 3.08 Bn | 92.04% |
| 3 | Hyatt Hotels | 15.65 Bn | 15.36 Bn | 809.00 Mn | 44.23% |
| 4 | H World | 14.06 Bn | 11.97 Bn | 453.94 Mn | 43.23% |
| 5 | Atour Lifestyle Holdings | 8.60 Bn | 7.76 Bn | 511.83 Mn | 99.50% |
| 6 | Wyndham Hotels & Resorts | 5.33 Bn | 5.26 Bn | 349.00 Mn | 93.07% |
| 7 | Choice Hotels International | 4.55 Bn | 4.50 Bn | 243.10 Mn | 55.15% |
| 8 | Hotel101 Global Holdings | 1.22 Bn | 1.20 Bn | - | - |
| 9 | Studio City International Holdings | 329.33 Mn | 206.54 Mn | 144.08 Mn | 87.55% |
| 10 | GreenTree Hospitality | 113.35 Mn | 117.86 Mn | 34.50 Mn | 99.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.50% |
| Mar 31, 2026 | 99.43% |
| Dec 31, 2025 | 99.86% |
| Sep 30, 2025 | 99.17% |
| Jun 30, 2025 | 98.77% |
| Mar 31, 2025 | 99.43% |
| Dec 31, 2024 | 99.19% |
| Sep 30, 2024 | 97.51% |
| Jun 30, 2024 | 99.45% |
| Mar 31, 2024 | 100.30% |
| Dec 31, 2023 | 97.96% |
| Sep 30, 2023 | 98.56% |
| Jun 30, 2023 | 88.94% |
| Mar 31, 2023 | 91.00% |
| Dec 31, 2022 | 98.54% |
| Sep 30, 2022 | 93.29% |
| Jun 30, 2022 | 91.90% |
| Mar 31, 2022 | 92.94% |
| Dec 31, 2021 | 91.28% |