MakeMyTrip (MMYT) Free Cash Flow (2009 - 2026)

MakeMyTrip (MMYT) recorded quarterly Free Cash Flow of $46.4 million in Q1 2026, up 1.88% quarter-over-quarter from $45.6 million in Q4 2025, and down 47.13% on a YoY basis from $87.8 million in Q1 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.

  • In Q1 2026, Free Cash Flow fell 47.13% year-over-year to $46.4 million; the TTM figure through Mar 2026 stood at $182.5 million (down 1.48% YoY), while the FY2026 annual figure was $182.5 million, up 0.95% from the prior year.
  • Free Cash Flow was $46.4 million for Q1 2026 at MakeMyTrip, up from $45.6 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $87.8 million in Q1 2025 to a low of -$10.5 million in Q4 2024.
  • Historically, Free Cash Flow has averaged $30.8 million across 5 years, with a median of $36.7 million in 2023.
  • The sharpest annual moves came in 2022 and 2025: Free Cash Flow sank 274.54% in 2022, then soared 7318.16% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at -$8.3 million in 2022, then soared by 968.26% to $72.2 million in 2023, then sank 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.
  • The last three Free Cash Flow figures came in at $46.4 million (Q1 2026), $45.6 million (Q4 2025), and $48.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 3.11 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 1.71 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 1.69 Bn
4 Carnival 37.80 Bn 36.39 Bn - 697.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 3.75 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -625.22 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn -52.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 19.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -
10 MakeMyTrip 2.12 Bn 1.35 Bn - 46.44 Mn

Historic Data

Download Data
DateValue
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