Atour Lifestyle Holdings (ATAT) Gross Margin (2021 - 2026)

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 82.5%, down 386.0% from the prior year.
• Gross Margin was 59.33% for Q1 2026 at Atour Lifestyle Holdings, down from 63.94% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 63.94% in Q4 2025 to a low of 28.52% in Q1 2022.
• Historically, Gross Margin has averaged 52.36% across 5 years, with a median of 53.37% in 2023.
• The sharpest annual moves came in 2023 and 2026: Gross Margin jumped 2198 bps in 2023, then sank 194 bps in 2026.
• A 5-year view of Gross Margin shows it stood at 43.16% in 2022, then gained by 19 bps to 51.29% in 2023, then increased by 19 bps to 61.28% in 2024, then gained by 4 bps to 63.94% in 2025, then slipped by 7 bps to 59.33% in 2026.
• The last three Gross Margin figures came in at 59.33% (Q1 2026), 63.94% (Q4 2025), and 58.52% (Q3 2025), per Business Quant data.