MakeMyTrip (MMYT) Interest Expenses (2009 - 2026)
MakeMyTrip's (MMYT) quarterly Interest Expenses came in at $16.6 million in Q1 2026, up 121.89% year-on-year from $7.5 million in Q1 2025, and down 51.96% quarter-over-quarter from $34.5 million in Q4 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.
- On a quarterly basis, Interest Expenses rose 121.89% year-over-year to $16.6 million in Q1 2026; TTM through Mar 2026 was $105.0 million, a 225.87% increase from a year earlier, with the FY2026 full-year figure at $104.8 million, up 225.42% from the prior year.
- Interest Expenses eased to $16.6 million in Q1 2026 per MMYT's latest filing, from $34.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $43.1 million in Q3 2025 and bottomed at -$24.5 million in Q1 2024.
- The 5-year median for Interest Expenses is $9.9 million (2023), against an average of $11.1 million.
- Across the five-year window, Interest Expenses tumbled 520.95% in 2024 and soared 454.74% in 2025, its largest moves.
- Year by year, Interest Expenses stood at $10.7 million in 2022, then sank 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 sank by 51.96% to $16.6 million in 2026.
- Per Business Quant, the three latest MMYT Interest Expenses figures stand at $16.6 million (Q1 2026), $34.5 million (Q4 2025), and $43.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 272.00 Mn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 320.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 166.00 Mn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -471,000.00 |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -84.94 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 681.00 Mn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 198.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 4.05 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 16.59 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 27.00 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 |