Yatra Online (YTRA) Gross Margin (2015 - 2026)
Yatra Online's (YTRA) quarterly Gross Margin came in at 65.32% in Q2 2026, up 1021.0% year-over-year from 5.83% in Q2 2025, and up 12.15% quarter-over-quarter from 58.24% in Q1 2026.
Analysis
Yatra Online (YTRA) Gross Margin (2015 - 2026) Analysis & Trends
Yatra Online (YTRA) has reported Gross Margin for 12 consecutive years, with 65.32% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 1021.0% year-over-year to 65.32% in Q2 2026; TTM through Jun 2026 was 49.15%, a 227.0% increase from a year earlier, with the FY2026 full-year figure at 47.65%, down 91.0% from the prior year.
- Gross Margin was 65.32% for Q2 2026 at Yatra Online, up from 58.24% in the prior quarter.
- Over five years, Gross Margin peaked at 92.29% in Q1 2022 and troughed at 35.83% in Q3 2025.
- A 5-year average of 67.76% and a median of 76.62% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 4287 bps in 2024 and soared 1021 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 77.84% in 2022, then retreated by 3 bps to 75.4% in 2023, then tumbled by 41 bps to 44.22% in 2024, then increased by 13 bps to 49.91% in 2025, then soared by 31 bps to 65.32% in 2026.
- The last three Gross Margin figures came in at 65.32% (Q2 2026), 58.24% (Q1 2026), and 49.91% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trip.com | 29.56 Bn | 18.09 Bn | 1.86 Bn | 79.12% |
| 2 | Global Business Travel | 4.87 Bn | 4.36 Bn | 514.00 Mn | 59.08% |
| 3 | Ambitions Enterprise Management Co. L.L.C | 50.15 Mn | 46.99 Mn | - | - |
| 4 | Yatra Online | 6.31 Mn | -3.19 Mn | 12.97 Mn | 65.32% |
| 5 | JX Luxventure | 5.28 Mn | 4.58 Mn | - | - |
| 6 | Maitong Sunshine Cultural Development | 1.92 Mn | 1.91 Mn | - | - |
| 7 | Wetour Robotics | 529,340.95 | 345,889.98 | - | - |
| 8 | Tuniu | 6.93 | -143.55 Mn | 11.27 Mn | 55.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.32% |
| Mar 31, 2026 | 58.24% |
| Dec 31, 2025 | 49.91% |
| Sep 30, 2025 | 35.83% |
| Jun 30, 2025 | 55.11% |
| Mar 31, 2025 | 49.90% |
| Dec 31, 2024 | 44.22% |
| Sep 30, 2024 | 39.59% |
| Jun 30, 2024 | 80.59% |
| Mar 31, 2024 | 79.58% |
| Dec 31, 2023 | 75.40% |
| Sep 30, 2023 | 82.46% |
| Jun 30, 2023 | 80.19% |
| Mar 31, 2023 | 80.89% |
| Dec 31, 2022 | 77.84% |
| Sep 30, 2022 | 88.68% |
| Jun 30, 2022 | 83.68% |
| Mar 31, 2022 | 92.29% |
| Dec 31, 2021 | 87.27% |
| Sep 30, 2021 | 94.80% |