MakeMyTrip (MMYT) Research & Development (2015 - 2026)

MakeMyTrip's Research & Development history runs 12 years deep, the most recent figure standing at $42.1 million for Q1 2026.

• On a quarterly basis, Research & Development changed 0.07% year-over-year to $42.1 million in Q1 2026; TTM through Mar 2026 was $176.3 million, a 6.62% increase from a year earlier, with the FY2026 full-year figure at $176.3 million, up 6.62% from the prior year.
• Research & Development declined to $42.1 million in Q1 2026 per MMYT's latest filing, from $52.3 million in the prior quarter.
• Across five years, Research & Development topped out at $52.3 million in Q4 2025 and bottomed at $12.1 million in Q1 2022.
• The 5-year median for Research & Development is $35.8 million (2024), against an average of $34.0 million.
• Across the five-year window, Research & Development jumped 381.27% in 2022 and dropped 0.07% in 2026, its largest moves.
• Year by year, Research & Development stood at $28.9 million in 2022, then advanced by 25.0% to $36.1 million in 2023, then surged by 31.21% to $47.3 million in 2024, then gained by 10.55% to $52.3 million in 2025, then retreated by 19.61% to $42.1 million in 2026.
• Per Business Quant, the three latest MMYT Research & Development figures stand at $42.1 million (Q1 2026), $52.3 million (Q4 2025), and $37.9 million (Q3 2025).