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Side-by-side financial comparison of Eventbrite, Inc. (EB) and MakeMyTrip Ltd (MMYT). Click either name above to swap in a different company.

MakeMyTrip Ltd is the larger business by last-quarter revenue ($88.6M vs $73.5M, roughly 1.2× Eventbrite, Inc.). On growth, MakeMyTrip Ltd posted the faster year-over-year revenue change (11.8% vs -3.9%).

Eventbrite is an American live events marketplace and website. The service allows users to browse, create, and promote local events. It is free to publish unlimited events of any size on Eventbrite.

MakeMyTrip Limited is an Indian online travel company, headquartered in Gurgaon. Founded in 2000, it operates an online travel-booking platform for travel services such as airline tickets, hotel reservations, holiday packages, and rail and bus tickets. The company also maintains offices outside India, including locations in New York, Singapore, Kuala Lumpur, Phuket, Bangkok, Dubai and Istanbul.

EB vs MMYT — Head-to-Head

Bigger by revenue
MMYT
MMYT
1.2× larger
MMYT
$88.6M
$73.5M
EB
Growing faster (revenue YoY)
MMYT
MMYT
+15.7% gap
MMYT
11.8%
-3.9%
EB

Income Statement — Q4 FY2025 vs Q4 FY2022

Metric
EB
EB
MMYT
MMYT
Revenue
$73.5M
$88.6M
Net Profit
$-8.2M
Gross Margin
68.1%
Operating Margin
-12.4%
3.8%
Net Margin
-11.1%
Revenue YoY
-3.9%
11.8%
Net Profit YoY
2.5%
EPS (diluted)
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EB
EB
MMYT
MMYT
Q4 25
$73.5M
Q3 25
$71.7M
Q2 25
$72.8M
Q1 25
$73.8M
Q4 24
$76.5M
Q3 24
$77.8M
Q2 24
$84.6M
Q1 24
$86.3M
Net Profit
EB
EB
MMYT
MMYT
Q4 25
$-8.2M
Q3 25
$6.4M
Q2 25
$-2.1M
Q1 25
$-6.6M
Q4 24
$-8.4M
Q3 24
$-3.8M
Q2 24
$1.1M
Q1 24
$-4.5M
Gross Margin
EB
EB
MMYT
MMYT
Q4 25
68.1%
Q3 25
67.9%
Q2 25
67.5%
Q1 25
66.9%
Q4 24
68.2%
Q3 24
68.5%
Q2 24
70.9%
Q1 24
71.0%
Operating Margin
EB
EB
MMYT
MMYT
Q4 25
-12.4%
Q3 25
-1.3%
Q2 25
-8.7%
Q1 25
-13.2%
Q4 24
-10.2%
Q3 24
-11.5%
Q2 24
-7.6%
Q1 24
-8.8%
Net Margin
EB
EB
MMYT
MMYT
Q4 25
-11.1%
Q3 25
8.9%
Q2 25
-2.9%
Q1 25
-9.0%
Q4 24
-11.0%
Q3 24
-4.8%
Q2 24
1.3%
Q1 24
-5.2%
EPS (diluted)
EB
EB
MMYT
MMYT
Q4 25
$-0.08
Q3 25
$0.06
Q2 25
$-0.02
Q1 25
$-0.07
Q4 24
$-0.09
Q3 24
$-0.04
Q2 24
$0.01
Q1 24
$-0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EB
EB
MMYT
MMYT
Cash + ST InvestmentsLiquidity on hand
$299.9M
$213.3M
Total DebtLower is stronger
$144.4M
Stockholders' EquityBook value
$179.1M
$896.5M
Total Assets
$647.2M
$1.3B
Debt / EquityLower = less leverage
0.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EB
EB
MMYT
MMYT
Q4 25
$299.9M
Q3 25
Q2 25
Q1 25
Q4 24
$441.5M
Q3 24
$24.7M
Q2 24
$56.7M
Q1 24
$113.7M
Total Debt
EB
EB
MMYT
MMYT
Q4 25
$144.4M
Q3 25
$174.9M
Q2 25
$241.3M
Q1 25
$241.0M
Q4 24
$240.7M
Q3 24
$240.4M
Q2 24
$358.7M
Q1 24
$358.2M
Stockholders' Equity
EB
EB
MMYT
MMYT
Q4 25
$179.1M
Q3 25
$189.1M
Q2 25
$177.2M
Q1 25
$173.3M
Q4 24
$170.2M
Q3 24
$179.8M
Q2 24
$176.2M
Q1 24
$184.1M
Total Assets
EB
EB
MMYT
MMYT
Q4 25
$647.2M
Q3 25
$744.6M
Q2 25
$784.1M
Q1 25
$812.3M
Q4 24
$752.3M
Q3 24
$817.4M
Q2 24
$894.5M
Q1 24
$952.2M
Debt / Equity
EB
EB
MMYT
MMYT
Q4 25
0.81×
Q3 25
0.92×
Q2 25
1.36×
Q1 25
1.39×
Q4 24
1.41×
Q3 24
1.34×
Q2 24
2.04×
Q1 24
1.95×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EB
EB
MMYT
MMYT
Operating Cash FlowLast quarter
$-60.8M
Free Cash FlowOCF − Capex
$-60.9M
FCF MarginFCF / Revenue
-82.8%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$17.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EB
EB
MMYT
MMYT
Q4 25
$-60.8M
Q3 25
$36.7M
Q2 25
$-17.5M
Q1 25
$59.4M
Q4 24
$-45.3M
Q3 24
$44.6M
Q2 24
$-32.3M
Q1 24
$68.6M
Free Cash Flow
EB
EB
MMYT
MMYT
Q4 25
$-60.9M
Q3 25
$36.6M
Q2 25
$-17.5M
Q1 25
$59.4M
Q4 24
$-45.3M
Q3 24
$44.4M
Q2 24
$-32.4M
Q1 24
$68.2M
FCF Margin
EB
EB
MMYT
MMYT
Q4 25
-82.8%
Q3 25
51.1%
Q2 25
-24.1%
Q1 25
80.4%
Q4 24
-59.2%
Q3 24
57.1%
Q2 24
-38.3%
Q1 24
79.1%
Capex Intensity
EB
EB
MMYT
MMYT
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.0%
Q3 24
0.2%
Q2 24
0.1%
Q1 24
0.4%
Cash Conversion
EB
EB
MMYT
MMYT
Q4 25
Q3 25
5.76×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-30.37×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EB
EB

US$52.0M71%
Other$21.6M29%

MMYT
MMYT

Segment breakdown not available.

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