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
DateValue
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%