Atour Lifestyle Holdings Limited (ATAT) Revenue History
Annual and quarterly revenue from 2019 to present
ATAT Revenue Over Time (2019–2025)
ATAT Revenue Growth History
5 of 6 years with positive growth- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- -0.0%
- FY2021 revenue growth
- +37.1%
- FY2022 revenue growth
- +5.4%
- FY2023 revenue growth
- +106.2%
- FY2024 revenue growth
- +55.3%
- FY2025 revenue growth
- +35.1%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $2.81B | +47.5% |
| Q4 2025 | $2.79B | +33.8% |
| Q3 2025 | $2.63B | +38.4% |
| Q2 2025 | $2.47B | +37.4% |
| Q1 2025 | $1.91B | +29.8% |
| Q4 2024 | $2.08B | +38.5% |
| Q3 2024 | $1.90B | +46.7% |
| Q2 2024 | $1.80B | +64.5% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
ATAT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
ATAT Revenue Analysis (2019–2025)
Current Revenue & Growth
As of June 20, 2026, Atour Lifestyle Holdings Limited (ATAT) generated trailing twelve-month (TTM) revenue of $10.70 billion, reflecting explosive growth of +47.5% year-over-year. The most recent quarter (Q1 2026) recorded $2.81 billion in revenue, up 0.8% sequentially.
Historical Growth Trajectory
ATAT's 5-year compound annual growth rate (CAGR) stands at +44.3%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +62.9% exceeds the 5-year average, indicating an acceleration in the most recent period. Atour Lifestyle Holdings Limited's highest annual revenue of $9.79 billion was recorded in 2025, an all-time high.
Revenue by Segment
ATAT's revenue is primarily driven by Retail Revenues (82%), Room Revenues (12%), and Other Revenues (5%). With over half of revenue concentrated in Retail Revenues, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Cyclical sector peers — including HTHT (+7.4% YoY), IH (-8.2% YoY), and CFLT (+21.1% YoY) — ATAT has outperformed the peer group in revenue growth. Compare ATAT vs HTHT →
ATAT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $10.7B | +47.5% | +44.3% | 23.6% | ||
| $24.6B | +7.4% | +19.3% | 25.4% | ||
| $922M | -8.2% | +33.4% | 7.8% | ||
| $1.2B | +21.1% | +37.6% | -32.6% | ||
| $9.8B | +6.5% | +50.3% | 16.2% | ||
| $26.2B | +4.7% | +19.9% | 15.8% |
ATAT Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $9.79B | +35.1% | $4.33B | 44.3% | $2.31B | 23.6% |
| 2024 | $7.25B | +55.3% | $3.06B | 42.2% | $1.62B | 22.4% |
| 2023 | $4.67B | +106.2% | $1.91B | 41.0% | $924.0M | 19.8% |
| 2022 | $2.26B | +5.4% | $717.9M | 31.7% | $165.0M | 7.3% |
| 2021 | $2.15B | +37.1% | $606.6M | 28.2% | $196.1M | 9.1% |
| 2020 | $1.57B | -0.0% | $416.5M | 26.6% | $63.3M | 4.0% |
| 2019 | $1.57B | - | $469.6M | 30.0% | $91.4M | 5.8% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
7+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
ATAT — Frequently Asked Questions
Quick answers to the most common questions about buying ATAT stock.
Is ATAT's revenue growth accelerating or slowing?
ATAT revenue growth is accelerating. TTM revenue reached $10.7B, up +47.5% year-over-year — ahead of the 5-year CAGR of +44.3%. This indicates the business is expanding faster than its historical baseline.
What is ATAT's revenue history from 2019 to 2026?
Atour Lifestyle Holdings Limited (ATAT) revenue history spans 2019 to 2026. TTM revenue as of 2026 is $10.7B, growing at +47.5% YoY. The 5-year CAGR is +44.3%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is ATAT's long-term revenue growth rate (CAGR)?
Atour Lifestyle Holdings Limited's 5-year revenue CAGR of +44.3% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +47.5% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for ATAT.
Why does ATAT's quarterly revenue fluctuate?
ATAT quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Atour Lifestyle Holdings Limited's revenue data from 2019 to 2026 shows full historical quarterly detail on this page.
How is ATAT's revenue distributed by segment?
ATAT reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does ATAT's revenue compare to industry peers?
Atour Lifestyle Holdings Limited (ATAT) with TTM revenue of $10.7B and +47.5% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.