MakeMyTrip (MMYT) EBITDA (2009 - 2026)

MakeMyTrip (MMYT) recorded quarterly EBITDA of -$11.5 million in Q1 2026, down 390.72% quarter-over-quarter from -$2.3 million in Q4 2025, and down 137.41% on a YoY basis from $30.7 million in Q1 2025.

MakeMyTrip (MMYT) EBITDA (2009 - 2026) Analysis & Trends

MakeMyTrip's EBITDA history runs 18 years deep, the most recent figure standing at -$11.5 million for Q1 2026.

  • In Q1 2026, EBITDA fell 137.41% year-over-year to -$11.5 million; the TTM figure through Mar 2026 stood at -$28.9 million (down 139.46% YoY), while the FY2026 annual figure was -$28.9 million, down 139.46% from the prior year.
  • EBITDA was -$11.5 million for Q1 2026 at MakeMyTrip, down from -$2.3 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $169.1 million in Q1 2024 to a low of -$38.5 million in Q3 2025.
  • Historically, EBITDA has averaged $10.4 million across 5 years, with a median of $8.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: EBITDA slumped 4854.14% in 2022, then soared 1919.45% in 2024.
  • A 5-year view of EBITDA shows it stood at -$7.8 million in 2022, then surged by 413.51% to $24.4 million in 2023, then plunged by 67.36% to $8.0 million in 2024, then slumped by 129.4% to -$2.3 million in 2025, then sank by 390.72% to -$11.5 million in 2026.
  • The last three EBITDA figures came in at -$11.5 million (Q1 2026), -$2.3 million (Q4 2025), and -$38.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 1.27 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 86.00 Mn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 1.16 Bn
4 Carnival 37.80 Bn 36.39 Bn - 607.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 472.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 232.94 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 3.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 159.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 490.00 Mn
10 MakeMyTrip 2.12 Bn 1.35 Bn - -11.48 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -11.48 Mn
Dec 31, 2025 -2.34 Mn
Sep 30, 2025 -38.54 Mn
Jun 30, 2025 23.44 Mn
Mar 31, 2025 30.68 Mn
Dec 31, 2024 7.96 Mn
Sep 30, 2024 14.33 Mn
Jun 30, 2024 20.32 Mn
Mar 31, 2024 169.13 Mn
Dec 31, 2023 24.37 Mn
Sep 30, 2023 -6.74 Mn
Jun 30, 2023 19.15 Mn
Mar 31, 2023 8.38 Mn
Dec 31, 2022 -7.77 Mn
Sep 30, 2022 -24.97 Mn
Jun 30, 2022 -35.21 Mn
Mar 31, 2022 -14.37 Mn
Dec 31, 2021 -10.30 Mn
Sep 30, 2021 2.82 Mn
Jun 30, 2021 -9.55 Mn