Atour Lifestyle Holdings (ATAT) Gross Margin (2021 - 2026)
Atour Lifestyle Holdings (ATAT) posted quarterly Gross Margin of 59.33% for Q1 2026, down 194.0% year-over-year from 63.12% in Q1 2025, and down 7.21% quarter-over-quarter from 63.94% in Q4 2025.
Atour Lifestyle Holdings (ATAT) Gross Margin (2021 - 2026) Analysis & Trends
Atour Lifestyle Holdings' Gross Margin history runs 6 years deep, the most recent figure standing at 59.33% for Q1 2026.
- In Q1 2026, Gross Margin fell 194.0% year-over-year to 59.33%; the TTM figure through Mar 2026 stood at 61.22% (up 315.0% YoY), while the FY2025 annual figure was 60.37%, up 394.0% from the prior year.
- Gross Margin for Q1 2026 stood at 59.33%, down from 63.94% in the prior quarter.
- The five-year high for Gross Margin was 63.94% in Q4 2025, with the low at 28.52% in Q1 2022.
- The 5-year median for Gross Margin is 53.37% (2023), against an average of 52.41%.
- The sharpest annual moves came in 2023 and 2026: Gross Margin soared 2198 bps in 2023, then plunged 194 bps in 2026.
- Atour Lifestyle Holdings' Gross Margin stood at 43.16% in 2022, then rose by 19 bps to 51.29% in 2023, then grew by 19 bps to 61.28% in 2024, then rose by 4 bps to 63.94% in 2025, then decreased by 7 bps to 59.33% in 2026.
- Business Quant data shows ATAT's Gross Margin at 59.33% in Q1 2026, 63.94% in Q4 2025, and 58.52% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.02 Bn | 92.56 Bn | 1.97 Bn | 27.87% |
| 2 | Hilton Worldwide Holdings | 73.87 Bn | 72.89 Bn | 3.08 Bn | 92.04% |
| 3 | Hyatt Hotels | 17.07 Bn | 16.78 Bn | 809.00 Mn | 44.23% |
| 4 | H World | 12.87 Bn | 11.09 Bn | 337.97 Mn | 38.85% |
| 5 | Atour Lifestyle Holdings | 8.56 Bn | -826.02 Bn | 242.81 Mn | 59.58% |
| 6 | Wyndham Hotels & Resorts | 5.47 Bn | 5.40 Bn | 349.00 Mn | 93.07% |
| 7 | Choice Hotels International | 4.72 Bn | 4.68 Bn | 243.10 Mn | 55.15% |
| 8 | Civeo | 364.78 Mn | 344.17 Mn | 41.41 Mn | 23.00% |
| 9 | Intercontinental Hotels | 115.49 Mn | -4.73 Bn | - | - |
| 10 | GreenTree Hospitality | 112.00 Mn | 4,368.01 Bn | 32.55 Mn | 98.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 59.33% |
| Dec 31, 2025 | 63.94% |
| Sep 30, 2025 | 58.52% |
| Jun 30, 2025 | 63.20% |
| Mar 31, 2025 | 61.27% |
| Dec 31, 2024 | 61.28% |
| Sep 30, 2024 | 52.73% |
| Jun 30, 2024 | 56.83% |
| Mar 31, 2024 | 55.44% |
| Dec 31, 2023 | 51.29% |
| Sep 30, 2023 | 52.81% |
| Jun 30, 2023 | 53.37% |
| Mar 31, 2023 | 50.50% |
| Dec 31, 2022 | 43.16% |
| Sep 30, 2022 | 41.93% |
| Jun 30, 2022 | 36.82% |
| Mar 31, 2022 | 28.52% |
| Dec 31, 2021 | 33.39% |