MakeMyTrip (MMYT) Operating Margin (2009 - 2026)

MakeMyTrip has reported Operating Margin for 18 years, with the latest figure at 15.3% in Q2 2026.

• On a quarterly basis, Operating Margin rose 29.0% year-over-year to 15.3% in Q2 2026; TTM through Jun 2026 was 15.02%, a 168.0% increase from a year earlier, with the FY2026 full-year figure at 14.94%, up 269.0% from the prior year.
• Operating Margin was 15.3% for Q2 2026 at MakeMyTrip, down from 16.11% in the prior quarter.
• The five-year high for Operating Margin was 16.11% in Q1 2026, with the low at 2.97% in Q3 2022.
• Average Operating Margin over 5 years is 9.79%, with a median of 10.76% recorded in 2023.
• The sharpest annual moves came in 2022 and 2026: Operating Margin surged 6243 bps in 2022, then advanced 29 bps in 2026.
• Over 5 years, Operating Margin stood at 4.38% in 2022, then jumped by 141 bps to 10.57% in 2023, then rose by 23 bps to 12.97% in 2024, then rose by 7 bps to 13.83% in 2025, then gained by 11 bps to 15.3% in 2026.
• The last three Operating Margin figures came in at 15.3% (Q2 2026), 16.11% (Q1 2026), and 13.83% (Q4 2025), per Business Quant data.