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| 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 |