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

Atour Lifestyle Holdings' (ATAT) quarterly Gross Margin came in at 59.33% in Q1 2026, down 194.0% year-on-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.

  • On a quarterly basis, Gross Margin fell 194.0% year-over-year to 59.33% in Q1 2026; TTM through Mar 2026 was 61.22%, a 315.0% increase from a year earlier, with the FY2025 full-year figure at 80.0%, up 2357.0% from the prior year.
  • Gross Margin fell to 59.33% in Q1 2026 per ATAT's latest filing, from 63.94% in the prior quarter.
  • Across five years, Gross Margin topped out at 63.94% in Q4 2025 and bottomed at 28.52% in Q1 2022.
  • The 5-year median for Gross Margin is 53.37% (2023), against an average of 52.41%.
  • Across the five-year window, Gross Margin soared 2198 bps in 2023 and sank 194 bps in 2026, its largest moves.
  • Year by year, Gross Margin 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.
  • Per Business Quant, the three latest ATAT Gross Margin figures stand at 59.33% (Q1 2026), 63.94% (Q4 2025), and 58.52% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Intercontinental Hotels 24,088,955.24 Bn 24,088,950.39 Bn - -
2 Marriott International 96.11 Bn 95.65 Bn 6.38 Bn 95.81%
3 Hilton Worldwide Holdings 73.11 Bn 73.08 Bn 2.70 Bn 92.00%
4 Hyatt Hotels 17.34 Bn 16.99 Bn 1.75 Bn 100.00%
5 Atour Lifestyle Holdings 12.95 Bn -818.18 Bn 241.80 Mn 59.33%
6 Wyndham Hotels & Resorts 5.54 Bn 5.46 Bn 349.00 Mn 93.07%
7 Choice Hotels International 4.94 Bn 4.90 Bn 316.92 Mn 93.06%
8 H World 1.80 Bn 19.15 Mn 337.97 Mn 38.85%
9 Civeo 398.09 Mn 381.54 Mn 40.16 Mn 23.26%
10 Mdjm 2,036.85 -698,442.15 - -

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%