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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) and Liberty Energy Inc. (LBRT). Click either name above to swap in a different company.

Liberty Energy Inc. is the larger business by last-quarter revenue ($1.0B vs $789.6M, roughly 1.3× Atour Lifestyle Holdings Ltd). Atour Lifestyle Holdings Ltd runs the higher net margin — 17.6% vs 2.2%, a 15.4% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs 4.5%).

Atour Lifestyle Holdings Ltd is a leading China-based hospitality and lifestyle enterprise. It operates a wide portfolio of mid-to-premium hotel brands for business and leisure travelers, and offers complementary lifestyle retail products and experience services, catering primarily to middle-class consumers across domestic and selected overseas markets.

Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.

ATAT vs LBRT — Head-to-Head

Bigger by revenue
LBRT
LBRT
1.3× larger
LBRT
$1.0B
$789.6M
ATAT
Growing faster (revenue YoY)
ATAT
ATAT
+248.1% gap
ATAT
252.5%
4.5%
LBRT
Higher net margin
ATAT
ATAT
15.4% more per $
ATAT
17.6%
2.2%
LBRT

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ATAT
ATAT
LBRT
LBRT
Revenue
$789.6M
$1.0B
Net Profit
$139.1M
$22.6M
Gross Margin
Operating Margin
22.5%
2.2%
Net Margin
17.6%
2.2%
Revenue YoY
252.5%
4.5%
Net Profit YoY
322.2%
EPS (diluted)
$0.33
$0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATAT
ATAT
LBRT
LBRT
Q1 26
$1.0B
Q4 25
$1.0B
Q3 25
$789.6M
$947.4M
Q2 25
$1.0B
Q1 25
$977.5M
Q4 24
$943.6M
Q3 24
$224.0M
$1.1B
Q2 24
$1.2B
Net Profit
ATAT
ATAT
LBRT
LBRT
Q1 26
$22.6M
Q4 25
$13.7M
Q3 25
$139.1M
$43.1M
Q2 25
$71.0M
Q1 25
$20.1M
Q4 24
$51.9M
Q3 24
$33.0M
$73.8M
Q2 24
$108.4M
Gross Margin
ATAT
ATAT
LBRT
LBRT
Q1 26
Q4 25
20.6%
Q3 25
18.7%
Q2 25
22.1%
Q1 25
22.1%
Q4 24
21.4%
Q3 24
26.2%
Q2 24
27.9%
Operating Margin
ATAT
ATAT
LBRT
LBRT
Q1 26
2.2%
Q4 25
1.9%
Q3 25
22.5%
-0.3%
Q2 25
3.6%
Q1 25
1.9%
Q4 24
2.6%
Q3 24
14.7%
9.4%
Q2 24
12.2%
Net Margin
ATAT
ATAT
LBRT
LBRT
Q1 26
2.2%
Q4 25
1.3%
Q3 25
17.6%
4.5%
Q2 25
6.8%
Q1 25
2.1%
Q4 24
5.5%
Q3 24
14.7%
6.5%
Q2 24
9.3%
EPS (diluted)
ATAT
ATAT
LBRT
LBRT
Q1 26
$0.14
Q4 25
$0.08
Q3 25
$0.33
$0.26
Q2 25
$0.43
Q1 25
$0.12
Q4 24
$0.31
Q3 24
$0.08
$0.44
Q2 24
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATAT
ATAT
LBRT
LBRT
Cash + ST InvestmentsLiquidity on hand
$669.2M
$699.1M
Total DebtLower is stronger
$7.1M
Stockholders' EquityBook value
$405.0M
$1.9B
Total Assets
$1.1B
$4.4B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATAT
ATAT
LBRT
LBRT
Q1 26
$699.1M
Q4 25
$27.6M
Q3 25
$669.2M
$13.5M
Q2 25
$19.6M
Q1 25
$24.1M
Q4 24
$20.0M
Q3 24
$506.0M
$23.0M
Q2 24
$30.0M
Total Debt
ATAT
ATAT
LBRT
LBRT
Q1 26
$7.1M
Q4 25
$246.6M
Q3 25
Q2 25
Q1 25
Q4 24
$190.5M
Q3 24
Q2 24
Stockholders' Equity
ATAT
ATAT
LBRT
LBRT
Q1 26
$1.9B
Q4 25
$2.1B
Q3 25
$405.0M
$2.1B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$291.3M
$2.0B
Q2 24
$1.9B
Total Assets
ATAT
ATAT
LBRT
LBRT
Q1 26
$4.4B
Q4 25
$3.6B
Q3 25
$1.1B
$3.5B
Q2 25
$3.4B
Q1 25
$3.4B
Q4 24
$3.3B
Q3 24
$927.8M
$3.3B
Q2 24
$3.2B
Debt / Equity
ATAT
ATAT
LBRT
LBRT
Q1 26
0.00×
Q4 25
0.12×
Q3 25
Q2 25
Q1 25
Q4 24
0.10×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATAT
ATAT
LBRT
LBRT
Operating Cash FlowLast quarter
$216.6M
Free Cash FlowOCF − Capex
$210.7M
FCF MarginFCF / Revenue
26.7%
Capex IntensityCapex / Revenue
0.8%
13.1%
Cash ConversionOCF / Net Profit
1.56×
TTM Free Cash FlowTrailing 4 quarters
$359.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATAT
ATAT
LBRT
LBRT
Q1 26
Q4 25
$195.4M
Q3 25
$216.6M
$51.5M
Q2 25
$170.6M
Q1 25
$192.1M
Q4 24
$177.3M
Q3 24
$84.8M
$244.5M
Q2 24
$248.2M
Free Cash Flow
ATAT
ATAT
LBRT
LBRT
Q1 26
Q4 25
$-10.0M
Q3 25
$210.7M
$-67.2M
Q2 25
$33.1M
Q1 25
$58.2M
Q4 24
$-26.2M
Q3 24
$83.3M
$77.9M
Q2 24
$112.2M
FCF Margin
ATAT
ATAT
LBRT
LBRT
Q1 26
Q4 25
-1.0%
Q3 25
26.7%
-7.1%
Q2 25
3.2%
Q1 25
6.0%
Q4 24
-2.8%
Q3 24
37.2%
6.8%
Q2 24
9.7%
Capex Intensity
ATAT
ATAT
LBRT
LBRT
Q1 26
13.1%
Q4 25
19.8%
Q3 25
0.8%
12.5%
Q2 25
13.2%
Q1 25
13.7%
Q4 24
21.6%
Q3 24
0.7%
14.6%
Q2 24
11.7%
Cash Conversion
ATAT
ATAT
LBRT
LBRT
Q1 26
Q4 25
14.28×
Q3 25
1.56×
1.20×
Q2 25
2.40×
Q1 25
9.55×
Q4 24
3.42×
Q3 24
2.57×
3.31×
Q2 24
2.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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