MakeMyTrip (MMYT) Current Deferred Revenue (2010 - 2025)
MakeMyTrip's Current Deferred Revenue was $134.42 million in the quarter ended Sep 30, 2025, up 11.9% from $120.17 million a year earlier and up 51.2% from the prior quarter.
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Analysis
MakeMyTrip (MMYT) Current Deferred Revenue (2010 - 2025) Analysis & Trends
As of Mar 31, 2025, Current Deferred Revenue at MakeMyTrip came in at $120.1 million, up 29.2% from the prior year.
- Current Deferred Revenue has now increased for five consecutive years, with a five-year compound annual growth rate of 29.2% (years ended Mar 2020 to Mar 2025).
- In earlier years, Current Deferred Revenue was $92.96 million in the year ended Mar 31, 2024 (+23.6%), $75.21 million in the year ended Mar 31, 2023 (+41.3%), $53.21 million in the year ended Mar 31, 2022 (+57.8%) and $33.72 million in the year ended Mar 31, 2021 (+1.1%).
- The figure for the quarter ended Sep 30, 2025 marks the highest quarterly Current Deferred Revenue in data going back to the quarter ended Mar 31, 2010.
- Compared with a year earlier, Current Deferred Revenue has increased for 16 straight quarters, with growth averaging 20.3% over the last eight quarters.
- The best year-over-year quarter for Current Deferred Revenue over five years was the quarter ended Jun 30, 2022 (growth of 122.7%); the worst was the quarter ended Jun 30, 2021 (a decline of 51.8%).
- Per Business Quant data, MMYT's Current Deferred Revenue in the three quarters before the quarter ended Sep 30, 2025 was $88.88 million (quarter ended Jun 30, 2025), $120.1 million (quarter ended Mar 31, 2025) and $109.85 million (quarter ended Dec 31, 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn |
| 10 | MakeMyTrip | 4.27 Bn | 1.09 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 134.42 Mn |
| Jun 30, 2025 | 88.88 Mn |
| Mar 31, 2025 | 120.10 Mn |
| Dec 31, 2024 | 109.85 Mn |
| Sep 30, 2024 | 120.17 Mn |
| Jun 30, 2024 | 84.40 Mn |
| Mar 31, 2024 | 92.96 Mn |
| Dec 31, 2023 | 91.33 Mn |
| Sep 30, 2023 | 98.76 Mn |
| Jun 30, 2023 | 77.65 Mn |
| Mar 31, 2023 | 75.21 Mn |
| Dec 31, 2022 | 64.29 Mn |
| Sep 30, 2022 | 82.38 Mn |
| Jun 30, 2022 | 55.94 Mn |
| Mar 31, 2022 | 53.21 Mn |
| Dec 31, 2021 | 42.05 Mn |
| Sep 30, 2021 | 42.39 Mn |
| Jun 30, 2021 | 25.11 Mn |
| Mar 31, 2021 | 33.72 Mn |
| Dec 31, 2020 | 38.52 Mn |
API Access
MakeMyTrip Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=MMYT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "MMYT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=MMYT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();