MakeMyTrip (MMYT) Change in Working Capital (2010 - 2026)

MakeMyTrip (MMYT) recorded quarterly Change in Working Capital of -$5.5 million in Q1 2026, up 42.15% quarter-over-quarter from -$9.6 million in Q4 2025, and down 114.24% on a YoY basis from $38.9 million in Q1 2025.

MakeMyTrip (MMYT) Change in Working Capital (2010 - 2026) Analysis & Trends

MakeMyTrip's Change in Working Capital history runs 17 years deep, the most recent figure standing at -$5.5 million for Q1 2026.

  • In Q1 2026, Change in Working Capital fell 114.24% year-over-year to -$5.5 million; the TTM figure through Mar 2026 stood at -$24.4 million (down 2952.98% YoY), while the FY2026 annual figure was -$24.4 million, down 2952.98% from the prior year.
  • Change in Working Capital was -$5.5 million for Q1 2026 at MakeMyTrip, up from -$9.6 million in the prior quarter.
  • In the past five years, Change in Working Capital ranged from a high of $74.0 million in Q1 2023 to a low of -$61.6 million in Q4 2024.
  • Historically, Change in Working Capital has averaged -$1.4 million across 5 years, with a median of -$5.9 million in 2024.
  • Biggest YoY gain for Change in Working Capital was 888.94% in 2024; the steepest drop was 275.79% in 2024.
  • A 5-year view of Change in Working Capital shows it stood at -$31.6 million in 2022, then soared by 210.82% to $35.0 million in 2023, then tumbled by 275.79% to -$61.6 million in 2024, then jumped by 84.45% to -$9.6 million in 2025, then surged by 42.15% to -$5.5 million in 2026.
  • The last three Change in Working Capital figures came in at -$5.5 million (Q1 2026), -$9.6 million (Q4 2025), and $417000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Working Cap. (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn -
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn -
4 Carnival 37.80 Bn 36.39 Bn - -
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn -
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn -
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -
10 MakeMyTrip 2.12 Bn 1.35 Bn - -5.54 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -5.54 Mn
Mar 31, 2026 -5.54 Mn
Dec 31, 2025 -9.58 Mn
Dec 31, 2025 -9.58 Mn
Sep 30, 2025 417,000.00
Sep 30, 2025 417,000.00
Jun 30, 2025 -9.75 Mn
Jun 30, 2025 -9.75 Mn
Mar 31, 2025 38.92 Mn
Mar 31, 2025 38.92 Mn
Dec 31, 2024 -61.61 Mn
Dec 31, 2024 -61.61 Mn
Sep 30, 2024 -5.87 Mn
Sep 30, 2024 -5.87 Mn
Jun 30, 2024 29.42 Mn
Jun 30, 2024 29.42 Mn
Mar 31, 2024 -38.70 Mn
Mar 31, 2024 -38.70 Mn
Dec 31, 2023 35.05 Mn
Dec 31, 2023 35.05 Mn