MakeMyTrip (MMYT) Free Cash Flow (2009 - 2026)
MakeMyTrip's (MMYT) quarterly Free Cash Flow came in at $46.4 million in Q1 2026, down 47.13% year-on-year from $87.8 million in Q1 2025, and up 1.88% quarter-over-quarter from $45.6 million in Q4 2025.
MakeMyTrip (MMYT) Free Cash Flow (2009 - 2026) Analysis & Trends
MakeMyTrip's Free Cash Flow history runs 18 years deep, the most recent figure standing at $46.4 million for Q1 2026.
- On a quarterly basis, Free Cash Flow fell 47.13% year-over-year to $46.4 million in Q1 2026; TTM through Mar 2026 was $182.5 million, a 1.48% decrease from a year earlier, with the FY2026 full-year figure at $182.5 million, down 3.81% from the prior year.
- Free Cash Flow advanced to $46.4 million in Q1 2026 per MMYT's latest filing, from $45.6 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $87.8 million in Q1 2025 and bottomed at -$10.5 million in Q4 2024.
- The 5-year median for Free Cash Flow is $36.7 million (2023), against an average of $30.8 million.
- Across the five-year window, Free Cash Flow sank 274.54% in 2022 and surged 7318.16% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at -$8.3 million in 2022, then soared by 968.26% to $72.2 million in 2023, then tumbled by 114.56% to -$10.5 million in 2024, then surged by 533.24% to $45.6 million in 2025, then advanced by 1.88% to $46.4 million in 2026.
- Per Business Quant, the three latest MMYT Free Cash Flow figures stand at $46.4 million (Q1 2026), $45.6 million (Q4 2025), and $48.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 3.11 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 1.33 Bn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 1.71 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -1.35 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 995.73 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 1.76 Bn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 3.75 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | -625.22 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 46.44 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | -52.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.44 Mn |
| Mar 31, 2026 | 46.44 Mn |
| Dec 31, 2025 | 45.58 Mn |
| Dec 31, 2025 | 45.58 Mn |
| Sep 30, 2025 | 48.67 Mn |
| Sep 30, 2025 | 48.67 Mn |
| Jun 30, 2025 | 41.84 Mn |
| Jun 30, 2025 | 41.84 Mn |
| Mar 31, 2025 | 87.85 Mn |
| Mar 31, 2025 | 87.85 Mn |
| Dec 31, 2024 | -10.52 Mn |
| Dec 31, 2024 | -10.52 Mn |
| Sep 30, 2024 | 35.64 Mn |
| Sep 30, 2024 | 35.64 Mn |
| Jun 30, 2024 | 72.32 Mn |
| Jun 30, 2024 | 72.32 Mn |
| Mar 31, 2024 | -1.22 Mn |
| Mar 31, 2024 | -1.22 Mn |
| Dec 31, 2023 | 72.24 Mn |
| Dec 31, 2023 | 72.24 Mn |