MakeMyTrip (MMYT) Non-Current Deferred Tax Liability (2010 - 2026)
MakeMyTrip (MMYT) posted Non-Current Deferred Tax Liability of $41.9 million for Q2 2026, down 11.07% on a QoQ basis from $47.1 million in Q1 2026, and down 24.67% year-over-year from $55.6 million in Q2 2025.
Analysis
MakeMyTrip (MMYT) Non-Current Deferred Tax Liability (2010 - 2026) Analysis & Trends
MakeMyTrip has reported Non-Current Deferred Tax Liability for 17 years, with the latest figure at $41.9 million in Q2 2026.
- On a quarterly basis, Non-Current Deferred Tax Liability fell 24.67% year-over-year to $41.9 million in Q2 2026; TTM through Jun 2026 was $41.9 million, a 24.67% decrease from a year earlier, with the FY2026 full-year figure at $47.1 million, up 1766.27% from the prior year.
- Non-Current Deferred Tax Liability was $41.9 million for Q2 2026 at MakeMyTrip, down from $47.1 million in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $55.6 million in Q2 2025, with the low at -$124.6 million in Q1 2024.
- Average Non-Current Deferred Tax Liability over 5 years is $7.8 million, with a median of $2.6 million recorded in 2022.
- The sharpest annual moves came in 2024 and 2026: Non-Current Deferred Tax Liability sank 15253.65% in 2024, then surged 1766.27% in 2026.
- Over 5 years, Non-Current Deferred Tax Liability stood at $1.1 million in 2022, then sank by 61.26% to $432000.0 in 2023, then jumped by 563.43% to $2.9 million in 2024, then soared by 1499.65% to $45.8 million in 2025, then decreased by 8.56% to $41.9 million in 2026.
- The last three Non-Current Deferred Tax Liability figures came in at $41.9 million (Q2 2026), $47.1 million (Q1 2026), and $45.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alibaba Group Holding | 261.51 Bn | 217.81 Bn | 15.11 Bn |
| 2 | Booking Holdings | 138.27 Bn | 121.06 Bn | 4.98 Bn |
| 3 | PDD Holdings | 111.58 Bn | 81.30 Bn | 9.45 Bn |
| 4 | Airbnb | 103.10 Bn | 91.03 Bn | 2.98 Bn |
| 5 | Mercadolibre | 97.65 Bn | 82.46 Bn | 4.16 Bn |
| 6 | Ebay | 46.49 Bn | 43.18 Bn | 2.30 Bn |
| 7 | Expedia | 32.95 Bn | 25.82 Bn | 3.91 Bn |
| 8 | Maplebear | 11.28 Bn | 10.43 Bn | 751.00 Mn |
| 9 | Full Truck Alliance | 8.76 Bn | 7.74 Bn | - |
| 10 | MakeMyTrip | 5.47 Bn | 5.08 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.92 Mn |
| Mar 31, 2026 | 47.14 Mn |
| Dec 31, 2025 | 45.85 Mn |
| Sep 30, 2025 | 50.82 Mn |
| Jun 30, 2025 | 55.65 Mn |
| Mar 31, 2025 | 2.53 Mn |
| Dec 31, 2024 | 2.87 Mn |
| Sep 30, 2024 | 3.49 Mn |
| Jun 30, 2024 | 4.20 Mn |
| Mar 31, 2024 | -124.56 Mn |
| Dec 31, 2023 | 432,000.00 |
| Sep 30, 2023 | 459,000.00 |
| Jun 30, 2023 | 499,000.00 |
| Mar 31, 2023 | 822,000.00 |
| Dec 31, 2022 | 1.12 Mn |
| Sep 30, 2022 | 1.72 Mn |
| Jun 30, 2022 | 2.36 Mn |
| Mar 31, 2022 | 2.60 Mn |
| Dec 31, 2021 | 2.16 Mn |
| Sep 30, 2021 | 2.74 Mn |