MakeMyTrip (MMYT) Interest Expenses (2009 - 2026)

MakeMyTrip (MMYT) recorded quarterly Interest Expenses of $16.6 million in Q1 2026, down 51.96% quarter-over-quarter from $34.5 million in Q4 2025, and up 121.89% on a YoY basis from $7.5 million in Q1 2025.

MakeMyTrip (MMYT) Interest Expenses (2009 - 2026) Analysis & Trends

MakeMyTrip's Interest Expenses history runs 18 years deep, the most recent figure standing at $16.6 million for Q1 2026.

  • In Q1 2026, Interest Expenses rose 121.89% year-over-year to $16.6 million; the TTM figure through Mar 2026 stood at $105.0 million (up 225.87% YoY), while the FY2026 annual figure was $104.8 million, up 604.05% from the prior year.
  • Interest Expenses was $16.6 million for Q1 2026 at MakeMyTrip, down from $34.5 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $43.1 million in Q3 2025 to a low of -$24.5 million in Q1 2024.
  • Historically, Interest Expenses has averaged $11.1 million across 5 years, with a median of $9.9 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Interest Expenses tumbled 520.95% in 2024, then jumped 454.74% in 2025.
  • A 5-year view of Interest Expenses shows it stood at $10.7 million in 2022, then tumbled by 41.81% to $6.2 million in 2023, then soared by 83.64% to $11.4 million in 2024, then surged by 201.98% to $34.5 million in 2025, then tumbled by 51.96% to $16.6 million in 2026.
  • The last three Interest Expenses figures came in at $16.6 million (Q1 2026), $34.5 million (Q4 2025), and $43.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 253.00 Mn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 278.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - 291.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 111.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 27.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 33.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -16.00 Mn
10 MakeMyTrip 2.12 Bn 1.35 Bn - 16.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.59 Mn
Mar 31, 2026 16.59 Mn
Dec 31, 2025 34.54 Mn
Dec 31, 2025 34.54 Mn
Sep 30, 2025 43.11 Mn
Sep 30, 2025 43.11 Mn
Jun 30, 2025 10.77 Mn
Jun 30, 2025 10.77 Mn
Mar 31, 2025 7.48 Mn
Mar 31, 2025 7.48 Mn
Dec 31, 2024 11.44 Mn
Dec 31, 2024 11.44 Mn
Sep 30, 2024 7.77 Mn
Sep 30, 2024 7.77 Mn
Jun 30, 2024 5.54 Mn
Jun 30, 2024 5.54 Mn
Mar 31, 2024 -24.53 Mn
Mar 31, 2024 -24.53 Mn
Dec 31, 2023 6.23 Mn
Dec 31, 2023 6.23 Mn