5-Aminotetrazole trinitrophloroglucinolate ((ATZ)TNPG) was prepared and characterized by elemental analysis and FT-IR spectroscopy. The crystal structure was determined by X-ray diffraction analysis and it belonged to orthorhombic system and Pbca space group with a=0.6624(2) nm, b=1.7933(4) nm, c=2.3117(5) nm, V=2.7458(9) nm³, Z=4, and D_c=1.849 g·cm⁻³. The molecular formula was confirmed to be (ATZ)TNPG·2H₂O. 5-Aminotetrazole cation (ATZ⁺) and trinitrophloroglucinol anion (TNPG⁻) were linked into 2-D layers along b-axis and c-axis by hydrogen bonds. Then the layers were linked along a-axis by hydrogen bonds between the water molecules belonging to different layers. The thermal decomposition mechanism of the compound was studied by differential scanning calorimetry (DSC), thermogravimetry-thermogravimetric analysis (TG-DTG), and Fourier transform-infrared (FT-IR) spectroscopy techniques. Under nitrogen atmosphere with a heating rate of 10 °C·min⁻¹, the compound experienced one endothermic process with peak temperature of 76 °C and one exothermal process with peak temperature of 203 °C. The former was confirmed to be a dehydrate process. The latter was the decomposition of TNPG⁻ and ATZ⁺ in the compound. The exothermic enthalpy change of this process was −212.10 kJ·mol⁻¹. The kinetic parameter calculation from Kissinger's method were, E=132.1 kJ·mol⁻¹, ln(A/s⁻¹)=12.54 with r=0.9990, and the calculation results from Ozawa-Doyle's method were, E=133.1 kJ·mol⁻¹ with r=0.9992.