Yatra Online (YTRA) Operating Margin (2015 - 2026)
Yatra Online's (YTRA) quarterly Operating Margin came in at 2.98% in Q2 2026, down 199.0% year-over-year from 3.01% in Q2 2025, and up 126.32% quarter-over-quarter from 11.33% in Q1 2026.
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Yatra Online (YTRA) Operating Margin (2015 - 2026) Analysis & Trends
Yatra Online (YTRA) has reported Operating Margin for 12 consecutive years, with 2.98% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 199.0% year-over-year to 2.98% in Q2 2026; TTM through Jun 2026 was 1.71%, a 223.0% decrease from a year earlier, with the FY2026 full-year figure at 1.25%, down 11.0% from the prior year.
- Operating Margin was 2.98% for Q2 2026 at Yatra Online, up from 11.33% in the prior quarter.
- Over five years, Operating Margin peaked at 9.68% in Q1 2023 and troughed at 12.75% in Q3 2023.
- A 5-year average of 1.49% and a median of 1.1% in 2022 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin jumped 9275 bps in 2022 and slumped 1205 bps in 2023, its largest moves.
- Over 5 years, Operating Margin stood at 6.97% in 2022, then rose by 25 bps to 5.22% in 2023, then soared by 112 bps to 0.63% in 2024, then sank by 845 bps to 4.66% in 2025, then surged by 164 bps to 2.98% in 2026.
- The last three Operating Margin figures came in at 2.98% (Q2 2026), 11.33% (Q1 2026), and 4.66% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trip.com | 29.56 Bn | 18.09 Bn | 1.86 Bn | 24.34% |
| 2 | Global Business Travel | 4.88 Bn | 4.36 Bn | 514.00 Mn | 2.76% |
| 3 | Ambitions Enterprise Management Co. L.L.C | 48.74 Mn | 45.57 Mn | - | - |
| 4 | Yatra Online | 6.51 Mn | -3.00 Mn | 12.97 Mn | 2.98% |
| 5 | JX Luxventure | 5.64 Mn | 4.94 Mn | - | - |
| 6 | Maitong Sunshine Cultural Development | 1.92 Mn | 1.91 Mn | - | - |
| 7 | Wetour Robotics | 537,380.98 | 353,930.01 | - | - |
| 8 | Tuniu | 6.87 | -143.55 Mn | 11.27 Mn | -4.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.98% |
| Mar 31, 2026 | -11.33% |
| Dec 31, 2025 | -4.66% |
| Sep 30, 2025 | 2.98% |
| Jun 30, 2025 | 4.98% |
| Mar 31, 2025 | -1.51% |
| Dec 31, 2024 | 0.63% |
| Sep 30, 2024 | -1.59% |
| Jun 30, 2024 | -3.25% |
| Mar 31, 2024 | 0.34% |
| Dec 31, 2023 | -5.22% |
| Sep 30, 2023 | -12.75% |
| Jun 30, 2023 | 4.77% |
| Mar 31, 2023 | 9.68% |
| Dec 31, 2022 | -6.97% |
| Sep 30, 2022 | -0.69% |
| Jun 30, 2022 | 3.65% |
| Mar 31, 2022 | -8.80% |
| Dec 31, 2021 | -24.13% |
| Sep 30, 2021 | -31.12% |