Atour Lifestyle Holdings (ATAT)
NASDAQ:ATAT
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Earnings Data
Report Date
May 21, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.4Last Year’s EPS
0.36Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a broadly positive operational and financial picture driven by strong retail momentum, successful completion of the 2,000 premier hotel milestone, improving margins (notably EBITDA), solid cash/net cash and clear 2026 revenue guidance (20%–24%). These strengths are balanced against near-term headwinds including slight shortfall in RevPAR versus 2024, declines in leased-hotel revenues, a high level of hotel closures in 2025 and an anticipated modest margin decline in 2026 as the company invests in G&A and R&D. Overall, the highlights (robust retail growth, brand segmentation wins, healthy cash and shareholder returns, and credible revenue guidance) outweigh the lowlights, supporting a positive outlook while acknowledging execution and market risks.Company Guidance
Achieved Premier Hotel Scale Target
Reached the strategic goal of 2,000 premier hotels (2,015 hotels in operation by year-end), marking a 24.5% year-over-year increase in hotels and opening 488 new hotels in 2025; development pipeline of 779 hotels.
Strong Retail Revenue Growth
Retail full year revenue reached RMB 3.67 billion, up 67.0% year-over-year; Q4 retail revenue up 52.4% year-over-year. Company expects retail revenue to grow 25%–30% in 2026.
High Retail Gross Margin
Retail gross margin improved to 52.6% for both Q4 and full year 2025, reflecting higher contribution from premium/higher-margin products.
Robust Product and Category Performance
Deep Sleep Memory Foam Pillow Pro Series cumulative sales exceeded 10 million units; comforter GMV increased by over 90% year-over-year; new categories (fitted sheets, loungewear) showing positive traction.
Improved Profitability and Cash Position
Adjusted net profit margin of 17.7% in Q4 (+1.7 percentage points YoY) and 17.9% full year; adjusted EBITDA margin 25.5% in Q4 (+4.3 ppt YoY) and 25.3% full year (+0.9 ppt YoY). Cash and cash equivalents: RMB 3.3 billion; net cash: RMB 3.1 billion as of Dec 31, 2025.
Shareholder Returns Initiatives
Declared aggregate cash dividends of ~USD 108 million for 2025 and completed on-market repurchases totaling USD 46 million since program inception in Q3 2025.
Member Base Expansion
Registered individual members reached 112 million by year-end, reflecting year-over-year growth of over 25% and supporting cross-sell opportunities between hotel and retail businesses (e.g., Starbucks China joint membership).
Strong Brand & Segment RevPARs
Atour Origin full year RevPAR exceeded RMB 430; Atour 3.6 RevPAR exceeded RMB 380 in Q4; SAVHE (upscale) delivered RevPAR > RMB 950 in Q4, demonstrating strong premium positioning and brand segmentation traction.
Managed Hotel Revenue Growth
Revenues from managed hotels grew 28.1% in Q1 and 28.0% for the full year to RMB 1.4 billion and RMB 5.3 billion, respectively, driven by network expansion and brand offerings.
Forward Revenue Guidance
Company projects full-year 2026 net revenues to increase by 20%–24% versus 2025, indicating confidence in continued top-line growth.
ATAT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ATAT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 17, 2026 | $34.94 | $37.03 | +5.98% |
Nov 25, 2025 | $37.54 | $36.87 | -1.78% |
Aug 26, 2025 | $34.83 | $36.86 | +5.83% |
May 22, 2025 | $29.57 | $32.20 | +8.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Atour Lifestyle Holdings (ATAT) report earnings?
Atour Lifestyle Holdings (ATAT) is schdueled to report earning on May 21, 2026, Before Open (Confirmed).
What is Atour Lifestyle Holdings (ATAT) earnings time?
Atour Lifestyle Holdings (ATAT) earnings time is at May 21, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ATAT EPS forecast?
ATAT EPS forecast for the fiscal quarter 2026 (Q1) is 0.4.