MakeMyTrip (MMYT) Tax Provisions (2009 - 2026)
MakeMyTrip (MMYT) recorded quarterly Tax Provisions of -$6.0 million in Q1 2026, down 1.52% quarter-over-quarter from -$5.9 million in Q4 2025, and down 243.12% on a YoY basis from $4.2 million in Q1 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.
- In Q1 2026, Tax Provisions fell 243.12% year-over-year to -$6.0 million; the TTM figure through Mar 2026 stood at -$26.7 million (down 29.49% YoY), while the FY2026 annual figure was -$26.7 million, down 229.49% from the prior year.
- Tax Provisions was -$6.0 million for Q1 2026 at MakeMyTrip, down from -$5.9 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $394000.0 in Q3 2022 to a low of -$123.7 million in Q1 2024.
- Historically, Tax Provisions has averaged -$10.0 million across 5 years, with a median of -$1.7 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions jumped 115.65% in 2023, then sank 142260.92% in 2024.
- A 5-year view of Tax Provisions shows it stood at $381000.0 in 2022, then sank by 87.4% to $48000.0 in 2023, then plunged by 5925.0% to -$2.8 million in 2024, then sank by 109.98% to -$5.9 million in 2025, then dropped by 1.52% to -$6.0 million in 2026.
- The last three Tax Provisions figures came in at -$6.0 million (Q1 2026), -$5.9 million (Q4 2025), and -$4.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 316.00 Mn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 121.00 Mn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 26.00 Mn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 17.00 Mn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 37.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 2.99 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | -42.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 29.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | -119.00 Mn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | -5.96 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 | -123.68 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 |
| Jun 30, 2021 | 543,000.00 |