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

Snowflake Inc. is the larger business by last-quarter revenue ($1.2B vs $789.6M, roughly 1.5× Atour Lifestyle Holdings Ltd). Atour Lifestyle Holdings Ltd runs the higher net margin — 17.6% vs -24.2%, a 41.9% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs 28.7%). Atour Lifestyle Holdings Ltd produced more free cash flow last quarter ($210.7M vs $113.6M).

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.

Snowflake Inc. is an American cloud-based data platform company founded in San Mateo, California, and headquartered in Bozeman, Montana. It operates a platform that supports data analysis and simultaneous access to data sets with minimal latency. It operates on Amazon Web Services, Microsoft Azure, and Google Cloud Platform.

ATAT vs SNOW — Head-to-Head

Bigger by revenue
SNOW
SNOW
1.5× larger
SNOW
$1.2B
$789.6M
ATAT
Growing faster (revenue YoY)
ATAT
ATAT
+223.8% gap
ATAT
252.5%
28.7%
SNOW
Higher net margin
ATAT
ATAT
41.9% more per $
ATAT
17.6%
-24.2%
SNOW
More free cash flow
ATAT
ATAT
$97.0M more FCF
ATAT
$210.7M
$113.6M
SNOW

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
ATAT
ATAT
SNOW
SNOW
Revenue
$789.6M
$1.2B
Net Profit
$139.1M
$-294.0M
Gross Margin
67.8%
Operating Margin
22.5%
-27.2%
Net Margin
17.6%
-24.2%
Revenue YoY
252.5%
28.7%
Net Profit YoY
322.2%
9.4%
EPS (diluted)
$0.33
$-0.87

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
SNOW
SNOW
Q4 25
$1.2B
Q3 25
$789.6M
$1.1B
Q2 25
$1.0B
Q1 25
$986.8M
Q4 24
$942.1M
Q3 24
$224.0M
$868.8M
Q2 24
$828.7M
Q1 24
$203.4M
$774.7M
Net Profit
ATAT
ATAT
SNOW
SNOW
Q4 25
$-294.0M
Q3 25
$139.1M
$-298.0M
Q2 25
$-430.1M
Q1 25
$-327.5M
Q4 24
$-324.3M
Q3 24
$33.0M
$-316.9M
Q2 24
$-317.0M
Q1 24
$35.6M
$-169.4M
Gross Margin
ATAT
ATAT
SNOW
SNOW
Q4 25
67.8%
Q3 25
67.5%
Q2 25
66.5%
Q1 25
66.2%
Q4 24
65.9%
Q3 24
66.8%
Q2 24
67.1%
Q1 24
68.8%
Operating Margin
ATAT
ATAT
SNOW
SNOW
Q4 25
-27.2%
Q3 25
22.5%
-29.7%
Q2 25
-42.9%
Q1 25
-39.2%
Q4 24
-38.8%
Q3 24
14.7%
-40.9%
Q2 24
-42.1%
Q1 24
22.1%
-35.6%
Net Margin
ATAT
ATAT
SNOW
SNOW
Q4 25
-24.2%
Q3 25
17.6%
-26.0%
Q2 25
-41.3%
Q1 25
-33.2%
Q4 24
-34.4%
Q3 24
14.7%
-36.5%
Q2 24
-38.3%
Q1 24
17.5%
-21.9%
EPS (diluted)
ATAT
ATAT
SNOW
SNOW
Q4 25
$-0.87
Q3 25
$0.33
$-0.89
Q2 25
$-1.29
Q1 25
$-0.98
Q4 24
$-0.98
Q3 24
$0.08
$-0.95
Q2 24
$-0.95
Q1 24
$0.09
$-0.51

Balance Sheet & Financial Strength

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

Metric
ATAT
ATAT
SNOW
SNOW
Cash + ST InvestmentsLiquidity on hand
$669.2M
$1.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$405.0M
$2.1B
Total Assets
$1.1B
$8.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATAT
ATAT
SNOW
SNOW
Q4 25
$1.9B
Q3 25
$669.2M
$1.9B
Q2 25
$2.2B
Q1 25
$2.6B
Q4 24
$2.1B
Q3 24
$506.0M
$1.3B
Q2 24
$1.3B
Q1 24
$520.7M
$1.8B
Total Debt
ATAT
ATAT
SNOW
SNOW
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$277.0K
Stockholders' Equity
ATAT
ATAT
SNOW
SNOW
Q4 25
$2.1B
Q3 25
$405.0M
$2.4B
Q2 25
$2.4B
Q1 25
$3.0B
Q4 24
$2.9B
Q3 24
$291.3M
$4.1B
Q2 24
$4.6B
Q1 24
$323.5M
$5.2B
Total Assets
ATAT
ATAT
SNOW
SNOW
Q4 25
$8.2B
Q3 25
$1.1B
$8.2B
Q2 25
$8.2B
Q1 25
$9.0B
Q4 24
$8.2B
Q3 24
$927.8M
$6.9B
Q2 24
$7.3B
Q1 24
$936.3M
$8.2B
Debt / Equity
ATAT
ATAT
SNOW
SNOW
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.00×

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
SNOW
SNOW
Operating Cash FlowLast quarter
$216.6M
$137.5M
Free Cash FlowOCF − Capex
$210.7M
$113.6M
FCF MarginFCF / Revenue
26.7%
9.4%
Capex IntensityCapex / Revenue
0.8%
2.0%
Cash ConversionOCF / Net Profit
1.56×
TTM Free Cash FlowTrailing 4 quarters
$359.6M
$776.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATAT
ATAT
SNOW
SNOW
Q4 25
$137.5M
Q3 25
$216.6M
$74.9M
Q2 25
$228.4M
Q1 25
$432.7M
Q4 24
$101.7M
Q3 24
$84.8M
$69.9M
Q2 24
$355.5M
Q1 24
$19.8M
$344.6M
Free Cash Flow
ATAT
ATAT
SNOW
SNOW
Q4 25
$113.6M
Q3 25
$210.7M
$58.2M
Q2 25
$183.4M
Q1 25
$421.4M
Q4 24
$88.3M
Q3 24
$83.3M
$64.8M
Q2 24
$338.9M
Q1 24
$18.1M
$331.5M
FCF Margin
ATAT
ATAT
SNOW
SNOW
Q4 25
9.4%
Q3 25
26.7%
5.1%
Q2 25
17.6%
Q1 25
42.7%
Q4 24
9.4%
Q3 24
37.2%
7.5%
Q2 24
40.9%
Q1 24
8.9%
42.8%
Capex Intensity
ATAT
ATAT
SNOW
SNOW
Q4 25
2.0%
Q3 25
0.8%
1.5%
Q2 25
4.3%
Q1 25
1.1%
Q4 24
1.4%
Q3 24
0.7%
0.6%
Q2 24
2.0%
Q1 24
0.9%
1.7%
Cash Conversion
ATAT
ATAT
SNOW
SNOW
Q4 25
Q3 25
1.56×
Q2 25
Q1 25
Q4 24
Q3 24
2.57×
Q2 24
Q1 24
0.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ATAT
ATAT

Segment breakdown not available.

SNOW
SNOW

Products$1.2B96%
Professional Services And Other$54.5M4%
Related Party$6.7M1%

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