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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) and PLEXUS CORP (PLXS). Click either name above to swap in a different company.
PLEXUS CORP is the larger business by last-quarter revenue ($1.1B vs $789.6M, roughly 1.4× Atour Lifestyle Holdings Ltd). Atour Lifestyle Holdings Ltd runs the higher net margin — 17.6% vs 3.8%, a 13.8% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs 9.6%).
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.
Plex Systems, Inc. is an American software company based in Troy, Michigan. The company develops and markets the Plex Manufacturing Cloud, a software as a service (SaaS) or cloud computing ERP for manufacturing.
ATAT vs PLXS — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $789.6M | $1.1B |
| Net Profit | $139.1M | $41.2M |
| Gross Margin | — | 9.9% |
| Operating Margin | 22.5% | 5.1% |
| Net Margin | 17.6% | 3.8% |
| Revenue YoY | 252.5% | 9.6% |
| Net Profit YoY | 322.2% | -19.9% |
| EPS (diluted) | $0.33 | $1.51 |
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.
| Q1 26 | — | $1.1B | ||
| Q3 25 | $789.6M | — | ||
| Q3 24 | $224.0M | — | ||
| Q1 24 | $203.4M | — | ||
| Q3 23 | — | $1.0B | ||
| Q2 23 | — | $1.1B | ||
| Q1 23 | $106.8M | — | ||
| Q4 22 | — | $1.2B |
| Q1 26 | — | $41.2M | ||
| Q3 25 | $139.1M | — | ||
| Q3 24 | $33.0M | — | ||
| Q1 24 | $35.6M | — | ||
| Q3 23 | — | $15.8M | ||
| Q2 23 | — | $40.8M | ||
| Q1 23 | $2.5M | — | ||
| Q4 22 | — | $50.5M |
| Q1 26 | — | 9.9% | ||
| Q3 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | 8.9% | ||
| Q2 23 | — | 9.4% | ||
| Q1 23 | — | — | ||
| Q4 22 | — | 9.3% |
| Q1 26 | — | 5.1% | ||
| Q3 25 | 22.5% | — | ||
| Q3 24 | 14.7% | — | ||
| Q1 24 | 22.1% | — | ||
| Q3 23 | — | 2.7% | ||
| Q2 23 | — | 5.2% | ||
| Q1 23 | 8.0% | — | ||
| Q4 22 | — | 5.4% |
| Q1 26 | — | 3.8% | ||
| Q3 25 | 17.6% | — | ||
| Q3 24 | 14.7% | — | ||
| Q1 24 | 17.5% | — | ||
| Q3 23 | — | 1.5% | ||
| Q2 23 | — | 3.7% | ||
| Q1 23 | 2.3% | — | ||
| Q4 22 | — | 4.4% |
| Q1 26 | — | $1.51 | ||
| Q3 25 | $0.33 | — | ||
| Q3 24 | $0.08 | — | ||
| Q1 24 | $0.09 | — | ||
| Q3 23 | — | $0.56 | ||
| Q2 23 | — | $1.45 | ||
| Q1 23 | — | — | ||
| Q4 22 | — | $1.76 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $669.2M | $248.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $405.0M | $1.5B |
| Total Assets | $1.1B | $3.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $248.8M | ||
| Q3 25 | $669.2M | — | ||
| Q3 24 | $506.0M | — | ||
| Q1 24 | $520.7M | — | ||
| Q3 23 | — | $253.0M | ||
| Q2 23 | — | $269.7M | ||
| Q1 23 | $272.5M | — | ||
| Q4 22 | — | $274.8M |
| Q1 26 | — | — | ||
| Q3 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | $277.0K | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q4 22 | — | — |
| Q1 26 | — | $1.5B | ||
| Q3 25 | $405.0M | — | ||
| Q3 24 | $291.3M | — | ||
| Q1 24 | $323.5M | — | ||
| Q3 23 | — | $1.2B | ||
| Q2 23 | — | $1.2B | ||
| Q1 23 | $185.5M | — | ||
| Q4 22 | — | $1.1B |
| Q1 26 | — | $3.2B | ||
| Q3 25 | $1.1B | — | ||
| Q3 24 | $927.8M | — | ||
| Q1 24 | $936.3M | — | ||
| Q3 23 | — | $3.4B | ||
| Q2 23 | — | $3.4B | ||
| Q1 23 | — | — | ||
| Q4 22 | — | $3.4B |
| Q1 26 | — | — | ||
| Q3 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | 0.00× | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q4 22 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $216.6M | — |
| Free Cash FlowOCF − Capex | $210.7M | — |
| FCF MarginFCF / Revenue | 26.7% | — |
| Capex IntensityCapex / Revenue | 0.8% | — |
| Cash ConversionOCF / Net Profit | 1.56× | — |
| TTM Free Cash FlowTrailing 4 quarters | $359.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q3 25 | $216.6M | — | ||
| Q3 24 | $84.8M | — | ||
| Q1 24 | $19.8M | — | ||
| Q3 23 | — | $18.8M | ||
| Q2 23 | — | $106.0M | ||
| Q1 23 | $49.9M | — | ||
| Q4 22 | — | $-26.2M |
| Q1 26 | — | — | ||
| Q3 25 | $210.7M | — | ||
| Q3 24 | $83.3M | — | ||
| Q1 24 | $18.1M | — | ||
| Q3 23 | — | $-11.5M | ||
| Q2 23 | — | $79.5M | ||
| Q1 23 | $47.5M | — | ||
| Q4 22 | — | $-127.9M |
| Q1 26 | — | — | ||
| Q3 25 | 26.7% | — | ||
| Q3 24 | 37.2% | — | ||
| Q1 24 | 8.9% | — | ||
| Q3 23 | — | -1.1% | ||
| Q2 23 | — | 7.3% | ||
| Q1 23 | 44.5% | — | ||
| Q4 22 | — | -11.1% |
| Q1 26 | — | — | ||
| Q3 25 | 0.8% | — | ||
| Q3 24 | 0.7% | — | ||
| Q1 24 | 0.9% | — | ||
| Q3 23 | — | 2.9% | ||
| Q2 23 | — | 2.4% | ||
| Q1 23 | 2.3% | — | ||
| Q4 22 | — | 8.8% |
| Q1 26 | — | — | ||
| Q3 25 | 1.56× | — | ||
| Q3 24 | 2.57× | — | ||
| Q1 24 | 0.56× | — | ||
| Q3 23 | — | 1.19× | ||
| Q2 23 | — | 2.59× | ||
| Q1 23 | 20.23× | — | ||
| Q4 22 | — | -0.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATAT
Segment breakdown not available.
PLXS
| Asia-Pacific | $612.0M | 57% |
| Americas | $345.0M | 32% |
| Europe, Middle East and Africa | $118.0M | 11% |
