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