One plan - full access

No subscription, no auto-renewal, no hidden terms.
Pay once and use it for 30 days.

PRO plan No auto-renewal
$18

30 days of full access
One-time payment

🌐 US & Global Companies
Get access for 30 days →
♧ Secure payment · Instant access

What is included

  • ✓Full access to detailed company analysis
  • ✓Fundamental screener
  • ✓Advanced stock screener filters
  • ✓5 ratings. Separate lists for US & Global Companies and MOEX
  • ✓Company data export in XLSX and CSV
  • ✓MarketCap’s overall ranking of top companies
  • ✓Analytics updates after each new financial report
⚠ The service is not an investment advisor. Financial statement data from public companies is available to everyone - MarketCap structures and analyzes it.
MakeMyTrip Limited logo
MakeMyTrip Limited MMYT
$ 51.69 -0.54%
report update icon

Quarterly report 2025-Q4
added 10-26-2026

MakeMyTrip Limited Income Statement 2025-2011 | MMYT

Brief overview of financial results at MakeMyTrip Limited

The overview follows changes across a five-year period. MakeMyTrip Limited reported revenue of $56.8 million in 2020 and $978 million by 2025. Overall revenue changed by +1622.2%, equal to an annualized rate of about 76.7%. The annual growth rate indicates an exceptionally strong top-line trend.

Gross profit was 357 million dollars at the start and 704 million dollars at the end of the period (+97.1%). Revenue outpaced cost of revenue, allowing more sales to flow into gross profit. Gross margin moved from 628.8% to 72%. A lower margin indicates deterioration in the economics of the core business.

Over the period, EBITDA shifted from −429 million dollars to 120 million dollars, a change of +127.9%. The operating result developed less favorably than sales. Comparing the endpoints gives EBITDA margins of −755.9% and 12.3%. The company improved its ability to convert sales into EBITDA.

Across the five years, the net result shifted from −448 million dollars to 95.3 million dollars. The return to profit marks a meaningful recovery in the final result.

Market capitalization changed from $3 billion to $11.2 billion (+274.5%). Investor expectations increased faster than reported performance.

What the figures show

The five-year picture requires weighing both strengths and weaknesses. The positive side is supported by sales growth, improving net profitability and higher operating efficiency. The main areas of concern are weaker gross profitability. Investors should continue to monitor margins, costs, and earnings quality.

Annual Income Statement MakeMyTrip Limited

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

11.2 B 9.55 B 4 B 3.95 B 2.85 B 3 B 2.39 B 2.67 B 2.02 B 766 M 886 M 802 M 479 M 712 M 893 M

Shares

113 M 111 M 110 M 108 M 107 M 105 M 104 M 100 M 52.6 M 41.7 M 41.8 M 37.8 M 37.3 M 36.7 M 28.3 M

Historical Prices

99.8 86 36.4 36.4 26.7 28.5 23 26.6 30.6 33.4 18.6 24.9 27.8 15.3 23.5

Net Income

95.3 M 217 M -11.2 M -45.6 M -56 M -448 M -168 M -218 M -110 M -88.5 M -18.3 M -20.9 M -27.6 M 7.18 M 4.83 M

Revenue

978 M 783 M 593 M 304 M 163 M 56.8 M 147 M 125 M 448 M 336 M 300 M 255 M 229 M 197 M 125 M

Cost of Revenue

274 M 215 M 178 M 58.8 M 22.2 M 149 M 171 M 176 M 174 M 167 M - - - - -

Gross Profit

704 M 567 M 415 M 245 M 141 M 357 M 313 M 499 M 274 M 169 M 139 M 106 M 88.2 M 88.2 M 61.1 M

Operating Income

120 M 65.2 M 23.6 M -30.4 M -67.7 M -429 M -153 M -219 M -135 M -66.8 M - - - - -

EBITDA

120 M 65.2 M 23.6 M -30.4 M -67.7 M -429 M -153 M -219 M -106 M -55.5 M -6.48 M -10.9 M -14.2 M 6.87 M 6.06 M

Operating Expenses

584 M 502 M 392 M 276 M 209 M 515 M 466 M 716 M 394 M 233 M 153 M 123 M 106 M 84.1 M 56.9 M

General and Administrative Expenses

- - - - - 150 M 137 M 138 M 96.9 M 62.3 M 56.6 M 48.3 M 46.4 M 64.3 M 41.7 M

All numbers in USD currency

Quarterly Income Statement MakeMyTrip Limited

2025-Q4 2025-Q1 2024-Q4 2024-Q1 2023-Q4 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

- 113 M - 111 M - 110 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Net Income

- 95.3 M - 217 M - -11.2 M -4.06 M - - -4.06 M -9.04 M -8.02 M -24.5 M 3.2 M -3.5 M -21.2 M -34.6 M -339 M -29.5 M -36.8 M -42.6 M -40.4 M -29.3 M -47 M -51.2 M -44.1 M -45.3 M -62.3 M -68.5 M -73.1 M 16.6 M -39.4 M -14.3 M - - - - - - - - - - - - - - - - - - - - -

Revenue

- 978 M - 783 M - 593 M 88.6 M - - 88.6 M 115 M 67.5 M 32.8 M 79.2 M 56.8 M 21.1 M 6.36 M 105 M 147 M 118 M 142 M 120 M 125 M 104 M 137 M 158 M 172 M 153 M 192 M 120 M 123 M 83.1 M 121 M - - - - - - - - - - - - - - - - - - - - -

Cost of Revenue

- 274 M - 215 M - 178 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Income

- 120 M - 65.2 M - 23.6 M 3.35 M - - 3.35 M -6.21 M -7.99 M -19.5 M 317 K -7.34 M -26.1 M -34.6 M -330 M -24.4 M -31.9 M -42.9 M -31 M -36.6 M -39.8 M -45.5 M -41.7 M -48.2 M -61.6 M -68 M -75.3 M -3.14 M -29.1 M -27.8 M - - - - - - - - - - - - - - - - - - - - -

EBITDA

- 120 M - 65.2 M - 23.6 M 3.35 M - - 3.35 M -6.21 M -7.99 M -19.5 M 317 K -7.34 M -26.1 M -34.6 M -330 M -24.4 M -31.9 M -42.9 M -31 M -36.6 M -39.8 M -45.5 M -41.7 M -48.2 M -61.6 M -68 M -75.3 M -3.14 M -29.1 M -27.8 M - - - - - - - - - - - - - - - - - - - - -

Operating Expenses

- - - - - - -3.35 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

The income statement is one of the three key financial reports of a company MakeMyTrip Limited (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Social internet industry

Issuer Price % 24h Market Cap Country
VK VK
VKCO
- - - russiaRussia
Yandex N.V. Yandex N.V.
YNDX
$ 2 101.4 - $ 510 B niderlandNiderland
Moxian Moxian
MOXC
- -1.96 % $ 34.2 M chinaChina
36Kr Holdings 36Kr Holdings
KRKR
$ 2.71 0.36 % $ 2.87 B chinaChina
Youdao Youdao
DAO
$ 19.8 0.76 % $ 2.34 B -
Jiayin Group Jiayin Group
JFIN
$ 1.42 -4.7 % $ 297 M chinaChina
Airbnb Airbnb
ABNB
$ 186.91 -1.78 % $ 115 B usaUSA
Alphabet Alphabet
GOOG
$ 284.97 -0.36 % $ 3.45 T usaUSA
Carnival Corporation & plc Carnival Corporation & plc
CCL
$ 30.74 -0.24 % $ 40.3 B usaUSA
AutoWeb AutoWeb
AUTO
- 0.78 % $ 5.38 M usaUSA
MediaAlpha MediaAlpha
MAX
$ 14.49 2.3 % $ 815 M usaUSA
Match Group Match Group
MTCH
$ 39.94 1.62 % $ 9.69 B usaUSA
Norwegian Cruise Line Holdings Ltd. Norwegian Cruise Line Holdings Ltd.
NCLH
$ 18.51 0.41 % $ 8.3 B usaUSA
EverQuote EverQuote
EVER
$ 28.02 -1.41 % $ 1.01 B usaUSA
HeadHunter Group PLC HeadHunter Group PLC
HHRU
- - - russiaRussia
Expedia Group Expedia Group
EXPE
$ 253.94 -2.02 % $ 31.8 B usaUSA
Royal Caribbean Group Royal Caribbean Group
RCL
$ 339.85 0.85 % $ 92.1 B usaUSA
Snap Snap
SNAP
$ 5.0 -1.09 % $ 8.47 B usaUSA
Sohu.com Limited Sohu.com Limited
SOHU
$ 12.3 -2.54 % $ 347 M chinaChina
TuanChe Limited TuanChe Limited
TC
$ 0.88 0.02 % $ 501 M chinaChina
Thryv Holdings Thryv Holdings
THRY
$ 1.07 -16.8 % $ 46.7 M usaUSA
Tuniu Corporation Tuniu Corporation
TOUR
$ 4.73 -1.46 % $ 1.61 B chinaChina
TripAdvisor TripAdvisor
TRIP
$ 7.08 -0.56 % $ 882 M usaUSA
Светофор Групп Светофор Групп
SVET
- - - russiaRussia
Циан Циан
CNRU
- - - russiaRussia
Twilio Twilio
TWLO
$ 214.24 3.68 % $ 32.8 B usaUSA
B2B-РТС B2B-РТС
BTBR
- - - russiaRussia
Yelp Yelp
YELP
$ 20.14 2.86 % $ 1.28 B usaUSA
Zillow Group Zillow Group
Z
$ 29.0 -5.45 % $ 7.02 B usaUSA
Zillow Group Zillow Group
ZG
$ 29.5 -5.69 % $ 7.14 B usaUSA
Fiverr International Ltd. Fiverr International Ltd.
FVRR
$ 8.21 -3.24 % $ 298 M israelIsrael
Despegar.com, Corp. Despegar.com, Corp.
DESP
- - $ 1.59 B argentinaArgentina
Luokung Technology Corp. Luokung Technology Corp.
LKCO
- -46.36 % $ 1.8 M chinaChina
Liberty TripAdvisor Holdings Liberty TripAdvisor Holdings
LTRPA
- -20.83 % $ 19.8 M usaUSA
Spark Networks SE Spark Networks SE
LOV
- -2.8 % $ 81.6 M usaUSA
Twitter Twitter
TWTR
- 1.14 % $ 41.3 B usaUSA
Remark Holdings Remark Holdings
MARK
- -15.19 % $ 4.46 M usaUSA
Points International Ltd. Points International Ltd.
PCOM
- 1.3 % $ 360 M canadaCanada
Booking Holdings Booking Holdings
BKNG
$ 159.21 -2.62 % $ 5.17 B usaUSA
DoorDash DoorDash
DASH
$ 178.29 -1.48 % $ 76.1 B usaUSA
Meta (Facebook) Meta (Facebook)
META
$ 641.65 0.04 % $ 1.62 T usaUSA
Baidu Baidu
BIDU
$ 79.68 -1.67 % $ 27.2 B chinaChina
ANGI Homeservices ANGI Homeservices
ANGI
$ 6.58 -1.64 % $ 301 M usaUSA
Autohome Autohome
ATHM
$ 22.46 0.49 % $ 10.6 B -
CarGurus CarGurus
CARG
$ 34.65 0.29 % $ 3.3 B usaUSA
Cardlytics Cardlytics
CDLX
$ 1.63 -10.44 % $ 86.6 M usaUSA
Gaia Gaia
GAIA
$ 1.26 -1.56 % $ 31.3 M usaUSA
Cango Cango
CANG
$ 1.13 1.35 % $ 320 M -
Tencent Music Entertainment Group Tencent Music Entertainment Group
TME
$ 9.32 -0.69 % $ 28.7 B -
Lindblad Expeditions Holdings Lindblad Expeditions Holdings
LIND
$ 35.4 -0.85 % $ 1.95 B usaUSA