Autohome (ATHM) Operating Margin (2012 - 2026)
Autohome (ATHM) posted Operating Margin of 10.85% for Q2 2026, up 430.68% on a QoQ basis from 3.28% in Q1 2026, and down 602.0% year-over-year from 2.16% in Q2 2025.
Autohome (ATHM) Operating Margin (2012 - 2026) Analysis & Trends
Autohome has reported Operating Margin for 15 years, with the latest figure at 10.85% in Q2 2026.
- On a quarterly basis, Operating Margin fell 602.0% year-over-year to 10.85% in Q2 2026; TTM through Jun 2026 was 6.1%, a 633.0% decrease from a year earlier, with the FY2025 full-year figure at 11.92%, down 238.0% from the prior year.
- Operating Margin was 10.85% for Q2 2026 at Autohome, up from 3.28% in the prior quarter.
- The five-year high for Operating Margin was 27.11% in Q4 2022, with the low at 3.28% in Q1 2026.
- Average Operating Margin over 5 years is 13.72%, with a median of 16.22% recorded in 2022.
- The sharpest annual moves came in 2022 and 2026: Operating Margin jumped 1667 bps in 2022, then plunged 1933 bps in 2026.
- Over 5 years, Operating Margin stood at 27.11% in 2022, then slipped by 29 bps to 19.19% in 2023, then plunged by 32 bps to 13.03% in 2024, then slumped by 52 bps to 6.31% in 2025, then jumped by 72 bps to 10.85% in 2026.
- The last three Operating Margin figures came in at 10.85% (Q2 2026), 3.28% (Q1 2026), and 6.31% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 5.64% |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 34.00% |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 24.71% |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 21.01% |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 6.72% |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 21.57% |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 18.54% |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 13.71% |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | - |
| 10 | Autohome | 2.44 Bn | -378.34 Mn | 136.18 Mn | 10.85% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.85% |
| Mar 31, 2026 | -3.28% |
| Dec 31, 2025 | 6.31% |
| Sep 30, 2025 | 8.27% |
| Jun 30, 2025 | 16.87% |
| Mar 31, 2025 | 16.05% |
| Dec 31, 2024 | 13.03% |
| Sep 30, 2024 | 4.66% |
| Jun 30, 2024 | 22.02% |
| Mar 31, 2024 | 17.16% |
| Dec 31, 2023 | 19.19% |
| Sep 30, 2023 | 8.71% |
| Jun 30, 2023 | 18.63% |
| Mar 31, 2023 | 17.16% |
| Dec 31, 2022 | 27.11% |
| Sep 30, 2022 | 10.40% |
| Jun 30, 2022 | 17.38% |
| Mar 31, 2022 | 16.40% |
| Dec 31, 2021 | 10.45% |
| Sep 30, 2021 | 20.70% |
Autohome Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=ATHM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "ATHM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=ATHM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();