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| Date | Value |
|---|---|
| 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 |