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| Date | Value |
|---|---|
| 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 |