MakeMyTrip (MMYT) Exchange Rate Effect (2009 - 2026)
MakeMyTrip (MMYT) posted Exchange Rate Effect of -$3.3 million for Q2 2026, up 78.24% on a QoQ basis from -$15.2 million in Q1 2026, and down 144.83% year-over-year from $7.4 million in Q2 2025.
Analysis
MakeMyTrip (MMYT) Exchange Rate Effect (2009 - 2026) Analysis & Trends
MakeMyTrip has reported Exchange Rate Effect for 18 years, with the latest figure at -$3.3 million in Q2 2026.
- On a quarterly basis, Exchange Rate Effect fell 144.83% year-over-year to -$3.3 million in Q2 2026; TTM through Jun 2026 was -$34.4 million, a 284.45% decrease from a year earlier, with the FY2026 full-year figure at -$32.4 million, down 329.71% from the prior year.
- Exchange Rate Effect was -$3.3 million for Q2 2026 at MakeMyTrip, up from -$15.2 million in the prior quarter.
- The five-year high for Exchange Rate Effect was $1.0 million in Q4 2022, with the low at -$15.3 million in Q3 2025.
- Average Exchange Rate Effect over 5 years is -$2.6 million, with a median of -$615500.0 recorded in 2023.
- The sharpest annual moves came in 2023 and 2026: Exchange Rate Effect surged 1296.97% in 2023, then slumped 761550.0% in 2026.
- Over 5 years, Exchange Rate Effect stood at $1.0 million in 2022, then tumbled by 107.74% to -$80000.0 in 2023, then tumbled by 8703.75% to -$7.0 million in 2024, then soared by 92.52% to -$527000.0 in 2025, then plunged by 529.03% to -$3.3 million in 2026.
- The last three Exchange Rate Effect figures came in at -$3.3 million (Q2 2026), -$15.2 million (Q1 2026), and -$527000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 261.51 Bn | 217.81 Bn | 15.11 Bn | -224.00 Mn |
| 2 | Booking Holdings | 138.27 Bn | 121.06 Bn | 4.98 Bn | -111.00 Mn |
| 3 | PDD Holdings | 111.58 Bn | 81.30 Bn | 9.45 Bn | 182.40 Mn |
| 4 | Airbnb | 103.10 Bn | 91.03 Bn | 2.98 Bn | -28.00 Mn |
| 5 | Mercadolibre | 97.65 Bn | 82.46 Bn | 4.16 Bn | 21.00 Mn |
| 6 | Ebay | 46.49 Bn | 43.18 Bn | 2.30 Bn | -11.00 Mn |
| 7 | Expedia | 32.95 Bn | 25.82 Bn | 3.91 Bn | -8.00 Mn |
| 8 | Maplebear | 11.28 Bn | 10.43 Bn | 751.00 Mn | -2.00 Mn |
| 9 | Full Truck Alliance | 8.76 Bn | 7.74 Bn | - | -4.96 Mn |
| 10 | MakeMyTrip | 5.47 Bn | 5.08 Bn | - | -3.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.32 Mn |
| Mar 31, 2026 | -15.23 Mn |
| Dec 31, 2025 | -527,000.00 |
| Sep 30, 2025 | -15.30 Mn |
| Jun 30, 2025 | -1.35 Mn |
| Mar 31, 2025 | -2,000.00 |
| Dec 31, 2024 | -7.04 Mn |
| Sep 30, 2024 | -541,000.00 |
| Jun 30, 2024 | 44,000.00 |
| Mar 31, 2024 | -492,000.00 |
| Dec 31, 2023 | -80,000.00 |
| Sep 30, 2023 | -690,000.00 |
| Jun 30, 2023 | 395,000.00 |
| Mar 31, 2023 | -2.01 Mn |
| Dec 31, 2022 | 1.03 Mn |
| Sep 30, 2022 | -893,000.00 |
| Jun 30, 2022 | -33,000.00 |
| Mar 31, 2022 | -755,000.00 |
| Dec 31, 2021 | -89,000.00 |
| Sep 30, 2021 | 199,000.00 |