vs
Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) and TIC Solutions, Inc. (TIC). Click either name above to swap in a different company.
Atour Lifestyle Holdings Ltd is the larger business by last-quarter revenue ($789.6M vs $508.3M, roughly 1.6× TIC Solutions, Inc.). Atour Lifestyle Holdings Ltd runs the higher net margin — 17.6% vs -9.3%, a 26.9% gap on every dollar of revenue. Atour Lifestyle Holdings Ltd produced more free cash flow last quarter ($210.7M vs $37.1M).
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.
ATAT vs TIC — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $789.6M | $508.3M |
| Net Profit | $139.1M | $-47.2M |
| Gross Margin | — | 35.2% |
| Operating Margin | 22.5% | -3.8% |
| Net Margin | 17.6% | -9.3% |
| Revenue YoY | 252.5% | — |
| Net Profit YoY | 322.2% | — |
| EPS (diluted) | $0.33 | — |
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.
| Q4 25 | — | $508.3M | ||
| Q3 25 | $789.6M | $473.9M | ||
| Q2 25 | — | $313.9M | ||
| Q1 25 | — | $234.2M | ||
| Q3 24 | $224.0M | — | ||
| Q1 24 | $203.4M | — | ||
| Q1 23 | $106.8M | — |
| Q4 25 | — | $-47.2M | ||
| Q3 25 | $139.1M | $-13.9M | ||
| Q2 25 | — | $-233.0K | ||
| Q1 25 | — | $-25.8M | ||
| Q3 24 | $33.0M | — | ||
| Q1 24 | $35.6M | — | ||
| Q1 23 | $2.5M | — |
| Q4 25 | — | 35.2% | ||
| Q3 25 | — | 32.2% | ||
| Q2 25 | — | 23.6% | ||
| Q1 25 | — | 18.6% | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | — |
| Q4 25 | — | -3.8% | ||
| Q3 25 | 22.5% | -1.4% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | -4.0% | ||
| Q3 24 | 14.7% | — | ||
| Q1 24 | 22.1% | — | ||
| Q1 23 | 8.0% | — |
| Q4 25 | — | -9.3% | ||
| Q3 25 | 17.6% | -2.9% | ||
| Q2 25 | — | -0.1% | ||
| Q1 25 | — | -11.0% | ||
| Q3 24 | 14.7% | — | ||
| Q1 24 | 17.5% | — | ||
| Q1 23 | 2.3% | — |
| Q4 25 | — | — | ||
| Q3 25 | $0.33 | $-0.08 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | $0.08 | — | ||
| Q1 24 | $0.09 | — | ||
| Q1 23 | — | — |
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 | $439.5M |
| Total DebtLower is stronger | — | $1.6B |
| Stockholders' EquityBook value | $405.0M | $2.2B |
| Total Assets | $1.1B | $4.4B |
| Debt / EquityLower = less leverage | — | 0.74× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $439.5M | ||
| Q3 25 | $669.2M | $164.4M | ||
| Q2 25 | — | $130.1M | ||
| Q1 25 | — | $155.7M | ||
| Q3 24 | $506.0M | — | ||
| Q1 24 | $520.7M | — | ||
| Q1 23 | $272.5M | — |
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $751.3M | ||
| Q1 25 | — | $752.4M | ||
| Q3 24 | — | — | ||
| Q1 24 | $277.0K | — | ||
| Q1 23 | — | — |
| Q4 25 | — | $2.2B | ||
| Q3 25 | $405.0M | $2.0B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.1B | ||
| Q3 24 | $291.3M | — | ||
| Q1 24 | $323.5M | — | ||
| Q1 23 | $185.5M | — |
| Q4 25 | — | $4.4B | ||
| Q3 25 | $1.1B | $4.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q3 24 | $927.8M | — | ||
| Q1 24 | $936.3M | — | ||
| Q1 23 | — | — |
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.67× | ||
| Q3 24 | — | — | ||
| Q1 24 | 0.00× | — | ||
| Q1 23 | — | — |
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 | $49.7M |
| Free Cash FlowOCF − Capex | $210.7M | $37.1M |
| FCF MarginFCF / Revenue | 26.7% | 7.3% |
| Capex IntensityCapex / Revenue | 0.8% | 2.5% |
| Cash ConversionOCF / Net Profit | 1.56× | — |
| TTM Free Cash FlowTrailing 4 quarters | $359.6M | $61.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $49.7M | ||
| Q3 25 | $216.6M | $19.0M | ||
| Q2 25 | — | $-6.5M | ||
| Q1 25 | — | $32.8M | ||
| Q3 24 | $84.8M | — | ||
| Q1 24 | $19.8M | — | ||
| Q1 23 | $49.9M | — |
| Q4 25 | — | $37.1M | ||
| Q3 25 | $210.7M | $10.3M | ||
| Q2 25 | — | $-14.5M | ||
| Q1 25 | — | $28.3M | ||
| Q3 24 | $83.3M | — | ||
| Q1 24 | $18.1M | — | ||
| Q1 23 | $47.5M | — |
| Q4 25 | — | 7.3% | ||
| Q3 25 | 26.7% | 2.2% | ||
| Q2 25 | — | -4.6% | ||
| Q1 25 | — | 12.1% | ||
| Q3 24 | 37.2% | — | ||
| Q1 24 | 8.9% | — | ||
| Q1 23 | 44.5% | — |
| Q4 25 | — | 2.5% | ||
| Q3 25 | 0.8% | 1.8% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 1.9% | ||
| Q3 24 | 0.7% | — | ||
| Q1 24 | 0.9% | — | ||
| Q1 23 | 2.3% | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.56× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | 2.57× | — | ||
| Q1 24 | 0.56× | — | ||
| Q1 23 | 20.23× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATAT
Segment breakdown not available.
TIC
| Consulting Engineering Segment | $300.1M | 59% |
| Geospatial Segment | $131.3M | 26% |
| Fixed Unit Price Contracts | $54.3M | 11% |
| Other | $22.6M | 4% |
