Atour Lifestyle Holdings (ATAT) Operating Expenses (2021 - 2026)

Atour Lifestyle Holdings' (ATAT) quarterly Operating Expenses came in at -$324.7 million in Q1 2026, down 50.52% year-on-year from -$656.1 million in Q1 2025, and down 1.46% quarter-over-quarter from -$320.0 million in Q4 2025.

Atour Lifestyle Holdings (ATAT) Operating Expenses (2021 - 2026) Analysis & Trends

Atour Lifestyle Holdings' Operating Expenses history runs 6 years deep, the most recent figure standing at -$324.7 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 50.52% year-over-year to -$324.7 million in Q1 2026; TTM through Mar 2026 was -$1.2 billion, a 99.93% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 100.02% from the prior year.
  • Operating Expenses retreated to -$324.7 million in Q1 2026 per ATAT's latest filing, from -$320.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $103.1 million in Q4 2022 and bottomed at -$1700.8 billion in Q4 2024.
  • The 5-year median for Operating Expenses is -$205.4 million (2024), against an average of -$198.9 billion.
  • Across the five-year window, Operating Expenses surged 216.2% in 2022 and slumped 1246087.84% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $103.1 million in 2022, then slumped by 281.78% to -$187.4 million in 2023, then tumbled by 907452.05% to -$1700.8 billion in 2024, then surged by 99.98% to -$320.0 million in 2025, then retreated by 1.46% to -$324.7 million in 2026.
  • Per Business Quant, the three latest ATAT Operating Expenses figures stand at -$324.7 million (Q1 2026), -$320.0 million (Q4 2025), and -$279.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (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 5.59 Bn
3 Hilton Worldwide Holdings 73.11 Bn 73.08 Bn 2.70 Bn 2.26 Bn
4 Hyatt Hotels 17.34 Bn 16.99 Bn 1.75 Bn 1.63 Bn
5 Atour Lifestyle Holdings 12.95 Bn -818.18 Bn 241.80 Mn -324.67 Mn
6 Wyndham Hotels & Resorts 5.54 Bn 5.46 Bn 349.00 Mn 201.00 Mn
7 Choice Hotels International 4.94 Bn 4.90 Bn 316.92 Mn 280.54 Mn
8 H World 1.80 Bn 19.15 Mn 337.97 Mn -656.00 Mn
9 Civeo 398.09 Mn 381.54 Mn 40.16 Mn 169.54 Mn
10 Mdjm 2,036.85 -698,442.15 - -

Historic Data

Download Data
DateValue
Mar 31, 2026 -324.67 Mn
Dec 31, 2025 -320.00 Mn
Sep 30, 2025 -279.42 Mn
Jun 30, 2025 -261.79 Mn
Mar 31, 2025 -215.70 Mn
Dec 31, 2024 -1,700.81 Bn
Sep 30, 2024 -205.44 Mn
Jun 30, 2024 -192.61 Mn
Mar 31, 2024 -159.78 Mn
Dec 31, 2023 -187.41 Mn
Sep 30, 2023 -959.24 Bn
Jun 30, 2023 -112.53 Mn
Mar 31, 2023 -719.29 Bn
Dec 31, 2022 103.10 Mn
Sep 30, 2022 -76.97 Mn
Jun 30, 2022 -69.21 Mn
Mar 31, 2022 -69.67 Mn
Dec 31, 2021 -88.73 Mn