MakeMyTrip (MMYT) Tax Provisions (2009 - 2026)
MakeMyTrip's (MMYT) quarterly Tax Provisions came in at -$6.0 million in Q1 2026, down 243.12% year-on-year from $4.2 million in Q1 2025, and down 1.52% quarter-over-quarter from -$5.9 million in Q4 2025.
MakeMyTrip (MMYT) Tax Provisions (2009 - 2026) Analysis & Trends
MakeMyTrip's Tax Provisions history runs 18 years deep, the most recent figure standing at -$6.0 million for Q1 2026.
- On a quarterly basis, Tax Provisions fell 243.12% year-over-year to -$6.0 million in Q1 2026; TTM through Mar 2026 was -$26.7 million, a 29.49% decrease from a year earlier, with the FY2026 full-year figure at -$26.7 million, down 29.49% from the prior year.
- Tax Provisions declined to -$6.0 million in Q1 2026 per MMYT's latest filing, from -$5.9 million in the prior quarter.
- Across five years, Tax Provisions topped out at $123.9 million in Q1 2024 and bottomed at -$10.6 million in Q2 2025.
- The 5-year median for Tax Provisions is -$1.1 million (2022), against an average of $4.8 million.
- Biggest YoY gain for Tax Provisions was 142348.28% in 2024; the steepest drop was 77118.18% in 2024.
- Year by year, Tax Provisions stood at $381000.0 in 2022, then tumbled by 87.4% to $48000.0 in 2023, then slumped by 5925.0% to -$2.8 million in 2024, then tumbled by 109.98% to -$5.9 million in 2025, then dropped by 1.52% to -$6.0 million in 2026.
- Per Business Quant, the three latest MMYT Tax Provisions figures stand at -$6.0 million (Q1 2026), -$5.9 million (Q4 2025), and -$4.3 million (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 316.00 Mn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 26.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 121.00 Mn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 267,000.00 |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -4.98 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 17.00 Mn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 37.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 2.99 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | -5.96 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | -42.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2022 | -556,000.00 |
| Mar 31, 2021 | 4.17 Mn |
| Dec 31, 2020 | 73,000.00 |
| Sep 30, 2020 | 132,000.00 |
| Jun 30, 2020 | 134,000.00 |