Atour Lifestyle Holdings (ATAT) Research & Development (2021 - 2026)
Atour Lifestyle Holdings (ATAT) posted Research & Development of -$89.3 million for Q2 2026, down 53.56% on a QoQ basis from -$58.2 million in Q1 2026, and down 62.85% year-over-year from -$240.4 million in Q2 2025.
Analysis
Atour Lifestyle Holdings (ATAT) Research & Development (2021 - 2026) Analysis & Trends
Atour Lifestyle Holdings has reported Research & Development for 6 years, with the latest figure at -$89.3 million in Q2 2026.
- On a quarterly basis, Research & Development fell 62.85% year-over-year to -$89.3 million in Q2 2026; TTM through Jun 2026 was -$263.0 million, a 51.47% decrease from a year earlier, with the FY2025 full-year figure at -$213.0 million, down 59.83% from the prior year.
- Research & Development was -$89.3 million for Q2 2026 at Atour Lifestyle Holdings, down from -$58.2 million in the prior quarter.
- The five-year high for Research & Development was $7.8 million in Q4 2022, with the low at -$89.3 million in Q2 2026.
- Average Research & Development over 5 years is -$31.3 million, with a median of -$30.0 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Research & Development surged 221.19% in 2022, then plunged 472.29% in 2023.
- Over 5 years, Research & Development stood at $7.8 million in 2022, then slumped by 472.29% to -$29.1 million in 2023, then plunged by 66.94% to -$48.6 million in 2024, then sank by 34.98% to -$65.7 million in 2025, then tumbled by 36.0% to -$89.3 million in 2026.
- The last three Research & Development figures came in at -$89.3 million (Q2 2026), -$58.2 million (Q1 2026), and -$65.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 87.75 Bn | 87.29 Bn | 1.97 Bn | - |
| 2 | Hilton Worldwide Holdings | 70.18 Bn | 69.20 Bn | 3.08 Bn | - |
| 3 | Hyatt Hotels | 15.65 Bn | 15.36 Bn | 809.00 Mn | - |
| 4 | H World | 14.06 Bn | 11.97 Bn | 453.94 Mn | -50.00 Mn |
| 5 | Atour Lifestyle Holdings | 8.60 Bn | 7.76 Bn | 511.83 Mn | -89.31 Mn |
| 6 | Wyndham Hotels & Resorts | 5.33 Bn | 5.26 Bn | 349.00 Mn | - |
| 7 | Choice Hotels International | 4.55 Bn | 4.50 Bn | 243.10 Mn | - |
| 8 | Hotel101 Global Holdings | 1.22 Bn | 1.20 Bn | - | - |
| 9 | Studio City International Holdings | 329.33 Mn | 206.54 Mn | 144.08 Mn | - |
| 10 | GreenTree Hospitality | 113.35 Mn | 117.86 Mn | 34.50 Mn | -1.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -89.31 Mn |
| Mar 31, 2026 | -58.16 Mn |
| Dec 31, 2025 | -65.67 Mn |
| Sep 30, 2025 | -49.83 Mn |
| Jun 30, 2025 | -54.84 Mn |
| Mar 31, 2025 | -38.98 Mn |
| Dec 31, 2024 | -48.65 Mn |
| Sep 30, 2024 | -31.13 Mn |
| Jun 30, 2024 | -30.91 Mn |
| Mar 31, 2024 | -24.20 Mn |
| Dec 31, 2023 | -29.14 Mn |
| Sep 30, 2023 | -15.52 Mn |
| Jun 30, 2023 | -13.02 Mn |
| Mar 31, 2023 | -8.19 Mn |
| Dec 31, 2022 | 7.83 Mn |
| Sep 30, 2022 | -4.45 Mn |
| Jun 30, 2022 | -4.82 Mn |
| Mar 31, 2022 | -3.75 Mn |
| Dec 31, 2021 | -6.46 Mn |