MakeMyTrip (MMYT) Change in Working Capital (2009 - 2026)
MakeMyTrip (MMYT) posted quarterly Change in Working Capital of -$5.5 million for Q1 2026, down 114.24% year-over-year from $38.9 million in Q1 2025, and up 42.15% quarter-over-quarter from -$9.6 million in Q4 2025.
MakeMyTrip (MMYT) Change in Working Capital (2009 - 2026) Analysis & Trends
MakeMyTrip's Change in Working Capital history runs 18 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 for Q1 2026 stood at -$5.5 million, up from -$9.6 million in the prior quarter.
- The five-year high for Change in Working Capital was $158.4 million in Q1 2023, with the low at -$61.6 million in Q4 2024.
- The 5-year median for Change in Working Capital is -$5.5 million (2026), against an average of $12.7 million.
- The sharpest annual moves came in 2023 and 2024: Change in Working Capital soared 988.64% in 2023, then plunged 275.79% in 2024.
- MakeMyTrip's Change in Working Capital stood at -$31.6 million in 2022, then surged by 210.82% to $35.0 million in 2023, then slumped by 275.79% to -$61.6 million in 2024, then soared by 84.45% to -$9.6 million in 2025, then jumped by 42.15% to -$5.5 million in 2026.
- Business Quant data shows MMYT's Change in Working Capital at -$5.5 million in Q1 2026, -$9.6 million in Q4 2025, and $417000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.47 Bn | 140.26 Bn | 4.98 Bn | - |
| 2 | Airbnb | 106.22 Bn | 94.15 Bn | 2.98 Bn | - |
| 3 | Royal Caribbean Cruises | 80.58 Bn | 79.66 Bn | 2.29 Bn | - |
| 4 | Viking Holdings | 44.37 Bn | 40.56 Bn | 713.43 Mn | 61.20 Mn |
| 5 | Expedia | 38.32 Bn | 31.19 Bn | 3.91 Bn | - |
| 6 | Carnival | 38.17 Bn | 35.93 Bn | - | - |
| 7 | Trip.com | 29.09 Bn | 17.39 Bn | 1.86 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.33 Bn | 8.11 Bn | 1.05 Bn | - |
| 9 | MakeMyTrip | 5.81 Bn | 5.03 Bn | 212.91 Mn | -28.65 Mn |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -28.65 Mn |
| Jun 30, 2026 | -28.65 Mn |
| 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 | 116.22 Mn |
| Mar 31, 2024 | 116.22 Mn |