MakeMyTrip (MMYT) Tax Provisions (2009 - 2026)
MakeMyTrip (MMYT) posted Tax Provisions of -$6.3 million for Q2 2026, down 6.22% on a QoQ basis from -$6.0 million in Q1 2026, and up 40.13% year-over-year from -$4.5 million in Q2 2025.
Analysis
MakeMyTrip (MMYT) Tax Provisions (2009 - 2026) Analysis & Trends
MakeMyTrip has reported Tax Provisions for 18 years, with the latest figure at -$6.3 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 40.13% year-over-year to -$6.3 million in Q2 2026; TTM through Jun 2026 was -$22.5 million, a 1.17% increase from a year earlier, with the FY2026 full-year figure at -$26.7 million, down 29.49% from the prior year.
- Tax Provisions was -$6.3 million for Q2 2026 at MakeMyTrip, down from -$6.0 million in the prior quarter.
- The five-year high for Tax Provisions was $123.9 million in Q1 2024, with the low at -$10.6 million in Q2 2025.
- Average Tax Provisions over 5 years is $3.9 million, with a median of -$1.1 million recorded in 2022.
- The largest YoY upside for Tax Provisions was 142348.28% in 2024 against a maximum downside of 77118.18% in 2024.
- Over 5 years, Tax Provisions stood at $381000.0 in 2022, then plunged by 87.4% to $48000.0 in 2023, then tumbled by 5925.0% to -$2.8 million in 2024, then plunged by 109.98% to -$5.9 million in 2025, then decreased by 7.84% to -$6.3 million in 2026.
- The last three Tax Provisions figures came in at -$6.3 million (Q2 2026), -$6.0 million (Q1 2026), and -$5.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 261.51 Bn | 217.81 Bn | 15.11 Bn | -1.89 Bn |
| 2 | Booking Holdings | 138.27 Bn | 121.06 Bn | 4.98 Bn | 610.00 Mn |
| 3 | PDD Holdings | 111.58 Bn | 81.30 Bn | 9.45 Bn | -898.00 Mn |
| 4 | Airbnb | 103.10 Bn | 91.03 Bn | 2.98 Bn | 81.00 Mn |
| 5 | Mercadolibre | 97.65 Bn | 82.46 Bn | 4.16 Bn | 140.00 Mn |
| 6 | Ebay | 46.49 Bn | 43.18 Bn | 2.30 Bn | 113.00 Mn |
| 7 | Expedia | 32.95 Bn | 25.82 Bn | 3.91 Bn | 152.00 Mn |
| 8 | Maplebear | 11.28 Bn | 10.43 Bn | 751.00 Mn | 36.00 Mn |
| 9 | Full Truck Alliance | 8.76 Bn | 7.74 Bn | - | -47.50 Mn |
| 10 | MakeMyTrip | 5.47 Bn | 5.08 Bn | - | -6.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.33 Mn |
| Mar 31, 2026 | -5.96 Mn |
| Dec 31, 2025 | -5.87 Mn |
| Sep 30, 2025 | -4.29 Mn |
| Jun 30, 2025 | -10.57 Mn |
| Mar 31, 2025 | -1.74 Mn |
| Dec 31, 2024 | -2.80 Mn |
| Sep 30, 2024 | -7.61 Mn |
| Jun 30, 2024 | -8.47 Mn |
| Mar 31, 2024 | 123.93 Mn |
| Dec 31, 2023 | 48,000.00 |
| Sep 30, 2023 | -184,000.00 |
| Jun 30, 2023 | 11,000.00 |
| Mar 31, 2023 | 87,000.00 |
| Dec 31, 2022 | 381,000.00 |
| Sep 30, 2022 | 394,000.00 |
| Jun 30, 2022 | 114,000.00 |
| Mar 31, 2022 | -556,000.00 |
| Dec 31, 2021 | 553,000.00 |
| Sep 30, 2021 | 567,000.00 |