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

Atour Lifestyle Holdings (ATAT) recorded quarterly Operating Expenses of -$324.7 million in Q1 2026, down 1.46% quarter-over-quarter from -$320.0 million in Q4 2025, and down 50.52% on a YoY basis from -$656.1 million in Q1 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.

  • In Q1 2026, Operating Expenses fell 50.52% year-over-year to -$324.7 million; the TTM figure through Mar 2026 stood at -$1.2 billion (up 99.93% YoY), while the FY2025 annual figure was $1.1 billion, up 100.02% from the prior year.
  • Operating Expenses was -$324.7 million for Q1 2026 at Atour Lifestyle Holdings, down from -$320.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $103.1 million in Q4 2022 to a low of -$1700.8 billion in Q4 2024.
  • Historically, Operating Expenses has averaged -$198.9 billion across 5 years, with a median of -$205.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 216.2% in 2022, then slumped 1246087.84% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $103.1 million in 2022, then plunged by 281.78% to -$187.4 million in 2023, then sank 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.
  • The last three Operating Expenses figures came in at -$324.7 million (Q1 2026), -$320.0 million (Q4 2025), and -$279.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marriott International 106.28 Bn 105.82 Bn 6.38 Bn 5.59 Bn
2 Hilton Worldwide Holdings 80.50 Bn 79.97 Bn - 2.26 Bn
3 Intercontinental Hotels 26.35 Bn 25.21 Bn - -
4 Hyatt Hotels 18.67 Bn 18.32 Bn 1.75 Bn 1.63 Bn
5 Wyndham Hotels & Resorts 6.42 Bn 6.34 Bn 302.00 Mn 213.00 Mn
6 Choice Hotels International 5.30 Bn 5.26 Bn 316.92 Mn 280.54 Mn
7 Atour Lifestyle Holdings 2.06 Bn -359.74 Bn 241.80 Mn -324.67 Mn
8 Civeo 370.36 Mn 353.81 Mn 40.16 Mn 169.54 Mn
9 GreenTree Hospitality 5.49 Mn -227.74 Mn 26.57 Mn -50.43 Mn
10 H World 1,693.88 -1.44 Bn 824.36 Mn -656.00 Mn

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