MakeMyTrip (MMYT) Reports Q3 Earnings: What Key Metrics Have to Say

For the quarter ended December 2025, MakeMyTrip (MMYT) reported revenue of $295.69 million, up 10.6% over the same period last year. EPS came in at $0.52, compared to $0.39 in the year-ago quarter.

The reported revenue represents a surprise of -5.72% over the Zacks Consensus Estimate of $313.62 million. With the consensus EPS estimate being $0.39, the EPS surprise was +33.33%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how MakeMyTrip performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Gross Bookings - Air Ticketing: $1.53 billion versus $1.55 billion estimated by two analysts on average.
• Gross Bookings - Hotels and Packages: $750.44 million compared to the $794.59 million average estimate based on two analysts.
• Gross Bookings - Bus Ticketing: $420.6 million versus the two-analyst average estimate of $421.52 million.
• Bus Ticketing - Bus tickets: 36.68 million compared to the 34.68 million average estimate based on two analysts.
• Air Ticketing - Flight segments: 15.36 million versus the two-analyst average estimate of 15.01 million.
• Hotels and Packages - Room nights: 11.83 million compared to the 11.7 million average estimate based on two analysts.
• Gross Bookings - Total: $2.78 billion versus $2.8 billion estimated by two analysts on average.
• Adjusted Margin- Air Ticketing: $107.88 million versus $106.75 million estimated by two analysts on average.
• Adjusted Margin- Others: $27.53 million versus $23.8 million estimated by two analysts on average.
• Adjusted Margin- Bus Ticketing: $42.41 million versus $44.05 million estimated by two analysts on average.
• Adjusted Margin- Hotels and Packages: $133.18 million versus $143.03 million estimated by two analysts on average.

View all Key Company Metrics for MakeMyTrip here>>>

Shares of MakeMyTrip have returned -12.8% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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