MakeMyTrip MMYT
NASDAQ MMYT
$53.76 -1.86 (-3.34%)
As of: Sep 8, 2026 · 3:45 PM EDT

MakeMyTrip (MMYT) Operating Expenses (2009 - 2026)

MakeMyTrip (MMYT) posted Operating Expenses of $114.1 million for Q2 2026, up 7.98% on a QoQ basis from $105.7 million in Q1 2026, and up 5.9% year-over-year from $107.7 million in Q2 2025.

Analysis

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

MakeMyTrip has reported Operating Expenses for 18 years, with the latest figure at $114.1 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 5.9% year-over-year to $114.1 million in Q2 2026; TTM through Jun 2026 was $435.9 million, a 6.78% increase from a year earlier, with the FY2026 full-year figure at $429.5 million, up 8.13% from the prior year.
  • Operating Expenses was $114.1 million for Q2 2026 at MakeMyTrip, up from $105.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $119.9 million in Q4 2025, with the low at $31.1 million in Q1 2022.
  • Average Operating Expenses over 5 years is $85.3 million, with a median of $88.1 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses surged 242.62% in 2022, then rose 3.14% in 2026.
  • Over 5 years, Operating Expenses stood at $64.5 million in 2022, then jumped by 34.95% to $87.0 million in 2023, then increased by 25.09% to $108.8 million in 2024, then increased by 10.15% to $119.9 million in 2025, then slipped by 4.84% to $114.1 million in 2026.
  • The last three Operating Expenses figures came in at $114.1 million (Q2 2026), $105.7 million (Q1 2026), and $119.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alibaba Group Holding 261.86 Bn 218.15 Bn 15.11 Bn -8.86 Bn
2 Booking Holdings 138.41 Bn 121.19 Bn 4.98 Bn 4.85 Bn
3 PDD Holdings 111.58 Bn 81.30 Bn 9.45 Bn -5.39 Bn
4 Airbnb 103.06 Bn 91.00 Bn 2.98 Bn 2.85 Bn
5 Mercadolibre 97.65 Bn 82.46 Bn 4.16 Bn 3.48 Bn
6 Ebay 46.64 Bn 43.33 Bn 2.30 Bn 1.63 Bn
7 Expedia 33.03 Bn 25.91 Bn 3.91 Bn 2.55 Bn
8 Maplebear 11.38 Bn 10.53 Bn 751.00 Mn 608.00 Mn
9 Full Truck Alliance 8.75 Bn 7.73 Bn - -279.73 Mn
10 MakeMyTrip 5.49 Bn 5.10 Bn - 114.09 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 114.09 Mn
Mar 31, 2026 105.66 Mn
Dec 31, 2025 119.90 Mn
Sep 30, 2025 96.23 Mn
Jun 30, 2025 107.74 Mn
Mar 31, 2025 102.45 Mn
Dec 31, 2024 108.85 Mn
Sep 30, 2024 89.17 Mn
Jun 30, 2024 96.76 Mn
Mar 31, 2024 83.26 Mn
Dec 31, 2023 87.02 Mn
Sep 30, 2023 80.18 Mn
Jun 30, 2023 77.69 Mn
Mar 31, 2023 57.27 Mn
Dec 31, 2022 64.48 Mn
Sep 30, 2022 57.30 Mn
Jun 30, 2022 56.26 Mn
Mar 31, 2022 31.08 Mn
Dec 31, 2021 55.20 Mn
Sep 30, 2021 29.91 Mn