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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) and TripAdvisor, Inc. (TRIP). 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 $411.0M, roughly 1.9× TripAdvisor, Inc.). Atour Lifestyle Holdings Ltd runs the higher net margin — 17.6% vs -9.2%, a 26.9% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs 0.0%). Atour Lifestyle Holdings Ltd produced more free cash flow last quarter ($210.7M vs $-122.0M).
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.
Tripadvisor is an American company that operates online travel agencies, comparison shopping websites, and mobile apps with user-generated content.
ATAT vs TRIP — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $789.6M | $411.0M |
| Net Profit | $139.1M | $-38.0M |
| Gross Margin | — | 91.5% |
| Operating Margin | 22.5% | -8.3% |
| Net Margin | 17.6% | -9.2% |
| Revenue YoY | 252.5% | 0.0% |
| Net Profit YoY | 322.2% | -3900.0% |
| EPS (diluted) | $0.33 | $-0.32 |
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 | — | $411.0M | ||
| Q3 25 | $789.6M | $553.0M | ||
| Q2 25 | — | $529.0M | ||
| Q1 25 | — | $398.0M | ||
| Q4 24 | — | $411.0M | ||
| Q3 24 | $224.0M | $532.0M | ||
| Q2 24 | — | $497.0M | ||
| Q1 24 | $203.4M | $395.0M |
| Q4 25 | — | $-38.0M | ||
| Q3 25 | $139.1M | $53.0M | ||
| Q2 25 | — | $36.0M | ||
| Q1 25 | — | $-11.0M | ||
| Q4 24 | — | $1.0M | ||
| Q3 24 | $33.0M | $39.0M | ||
| Q2 24 | — | $24.0M | ||
| Q1 24 | $35.6M | $-59.0M |
| Q4 25 | — | 91.5% | ||
| Q3 25 | — | 92.6% | ||
| Q2 25 | — | 92.1% | ||
| Q1 25 | — | 93.2% | ||
| Q4 24 | — | 93.4% | ||
| Q3 24 | — | 92.5% | ||
| Q2 24 | — | 92.8% | ||
| Q1 24 | — | 93.7% |
| Q4 25 | — | -8.3% | ||
| Q3 25 | 22.5% | 12.7% | ||
| Q2 25 | — | 11.2% | ||
| Q1 25 | — | -3.8% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 14.7% | 13.2% | ||
| Q2 24 | — | 7.2% | ||
| Q1 24 | 22.1% | -3.8% |
| Q4 25 | — | -9.2% | ||
| Q3 25 | 17.6% | 9.6% | ||
| Q2 25 | — | 6.8% | ||
| Q1 25 | — | -2.8% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 14.7% | 7.3% | ||
| Q2 24 | — | 4.8% | ||
| Q1 24 | 17.5% | -14.9% |
| Q4 25 | — | $-0.32 | ||
| Q3 25 | $0.33 | $0.43 | ||
| Q2 25 | — | $0.28 | ||
| Q1 25 | — | $-0.08 | ||
| Q4 24 | — | $0.03 | ||
| Q3 24 | $0.08 | $0.27 | ||
| Q2 24 | — | $0.17 | ||
| Q1 24 | $0.09 | $-0.43 |
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 | $1.0B |
| Total DebtLower is stronger | — | $819.0M |
| Stockholders' EquityBook value | $405.0M | $645.0M |
| Total Assets | $1.1B | $2.6B |
| Debt / EquityLower = less leverage | — | 1.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.0B | ||
| Q3 25 | $669.2M | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $506.0M | $1.1B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | $520.7M | $1.2B |
| Q4 25 | — | $819.0M | ||
| Q3 25 | — | $821.0M | ||
| Q2 25 | — | $822.0M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $831.0M | ||
| Q3 24 | — | $832.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | $277.0K | — |
| Q4 25 | — | $645.0M | ||
| Q3 25 | $405.0M | $707.0M | ||
| Q2 25 | — | $627.0M | ||
| Q1 25 | — | $643.0M | ||
| Q4 24 | — | $943.0M | ||
| Q3 24 | $291.3M | $944.0M | ||
| Q2 24 | — | $857.0M | ||
| Q1 24 | $323.5M | $825.0M |
| Q4 25 | — | $2.6B | ||
| Q3 25 | $1.1B | $2.8B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | $927.8M | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | $936.3M | $2.7B |
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | 1.16× | ||
| Q2 25 | — | 1.31× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | — | 0.88× | ||
| Q3 24 | — | 0.88× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $216.6M | $-103.0M |
| Free Cash FlowOCF − Capex | $210.7M | $-122.0M |
| FCF MarginFCF / Revenue | 26.7% | -29.7% |
| Capex IntensityCapex / Revenue | 0.8% | 4.6% |
| Cash ConversionOCF / Net Profit | 1.56× | — |
| TTM Free Cash FlowTrailing 4 quarters | $359.6M | $163.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-103.0M | ||
| Q3 25 | $216.6M | $44.0M | ||
| Q2 25 | — | $202.0M | ||
| Q1 25 | — | $102.0M | ||
| Q4 24 | — | $-3.0M | ||
| Q3 24 | $84.8M | $-43.0M | ||
| Q2 24 | — | $51.0M | ||
| Q1 24 | $19.8M | $139.0M |
| Q4 25 | — | $-122.0M | ||
| Q3 25 | $210.7M | $25.0M | ||
| Q2 25 | — | $177.0M | ||
| Q1 25 | — | $83.0M | ||
| Q4 24 | — | $-26.0M | ||
| Q3 24 | $83.3M | $-63.0M | ||
| Q2 24 | — | $36.0M | ||
| Q1 24 | $18.1M | $123.0M |
| Q4 25 | — | -29.7% | ||
| Q3 25 | 26.7% | 4.5% | ||
| Q2 25 | — | 33.5% | ||
| Q1 25 | — | 20.9% | ||
| Q4 24 | — | -6.3% | ||
| Q3 24 | 37.2% | -11.8% | ||
| Q2 24 | — | 7.2% | ||
| Q1 24 | 8.9% | 31.1% |
| Q4 25 | — | 4.6% | ||
| Q3 25 | 0.8% | 3.4% | ||
| Q2 25 | — | 4.7% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 5.6% | ||
| Q3 24 | 0.7% | 3.8% | ||
| Q2 24 | — | 3.0% | ||
| Q1 24 | 0.9% | 4.1% |
| Q4 25 | — | — | ||
| Q3 25 | 1.56× | 0.83× | ||
| Q2 25 | — | 5.61× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -3.00× | ||
| Q3 24 | 2.57× | -1.10× | ||
| Q2 24 | — | 2.13× | ||
| Q1 24 | 0.56× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATAT
Segment breakdown not available.
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |
