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

GXO Logistics, Inc. is the larger business by last-quarter revenue ($3.5B vs $88.6M, roughly 39.6× MakeMyTrip Ltd). On growth, MakeMyTrip Ltd posted the faster year-over-year revenue change (11.8% vs 7.9%).

GXO Logistics, Inc. is an American global contract logistics company that manages outsourced supply chains and warehousing, and reverse logistics for blue-chip customers in over thirty countries. GXO's corporate headquarters are located in Greenwich, Connecticut, U.S. Its customers include Apple, Nike Inc., Boeing Co., Verizon, Whirlpool, Inditex SA, and Nestle SA.

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.

GXO vs MMYT — Head-to-Head

Bigger by revenue
GXO
GXO
39.6× larger
GXO
$3.5B
$88.6M
MMYT
Growing faster (revenue YoY)
MMYT
MMYT
+3.9% gap
MMYT
11.8%
7.9%
GXO

Income Statement — Q4 2025 vs Q4 2022

Metric
GXO
GXO
MMYT
MMYT
Revenue
$3.5B
$88.6M
Net Profit
$43.0M
Gross Margin
Operating Margin
2.7%
3.8%
Net Margin
1.2%
Revenue YoY
7.9%
11.8%
Net Profit YoY
-57.0%
EPS (diluted)
$0.35

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
GXO
GXO
MMYT
MMYT
Q4 25
$3.5B
Q3 25
$3.4B
Q2 25
$3.3B
Q1 25
$3.0B
Q4 24
$3.3B
Q3 24
$3.2B
Q2 24
$2.8B
Q1 24
$2.5B
Net Profit
GXO
GXO
MMYT
MMYT
Q4 25
$43.0M
Q3 25
$59.0M
Q2 25
$26.0M
Q1 25
$-96.0M
Q4 24
$100.0M
Q3 24
$33.0M
Q2 24
$38.0M
Q1 24
$-37.0M
Operating Margin
GXO
GXO
MMYT
MMYT
Q4 25
2.7%
Q3 25
3.5%
Q2 25
2.7%
Q1 25
-1.9%
Q4 24
3.1%
Q3 24
2.6%
Q2 24
2.6%
Q1 24
-1.6%
Net Margin
GXO
GXO
MMYT
MMYT
Q4 25
1.2%
Q3 25
1.7%
Q2 25
0.8%
Q1 25
-3.2%
Q4 24
3.1%
Q3 24
1.0%
Q2 24
1.3%
Q1 24
-1.5%
EPS (diluted)
GXO
GXO
MMYT
MMYT
Q4 25
$0.35
Q3 25
$0.51
Q2 25
$0.23
Q1 25
$-0.81
Q4 24
$0.83
Q3 24
$0.28
Q2 24
$0.32
Q1 24
$-0.31

Balance Sheet & Financial Strength

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

Metric
GXO
GXO
MMYT
MMYT
Cash + ST InvestmentsLiquidity on hand
$854.0M
$213.3M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$3.0B
$896.5M
Total Assets
$12.3B
$1.3B
Debt / EquityLower = less leverage
0.88×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GXO
GXO
MMYT
MMYT
Q4 25
$854.0M
Q3 25
$339.0M
Q2 25
$205.0M
Q1 25
$288.0M
Q4 24
$413.0M
Q3 24
$548.0M
Q2 24
$469.0M
Q1 24
$423.0M
Total Debt
GXO
GXO
MMYT
MMYT
Q4 25
$2.6B
Q3 25
$2.2B
Q2 25
$2.6B
Q1 25
$2.5B
Q4 24
$2.5B
Q3 24
$2.6B
Q2 24
$2.6B
Q1 24
$1.5B
Stockholders' Equity
GXO
GXO
MMYT
MMYT
Q4 25
$3.0B
Q3 25
$3.0B
Q2 25
$2.9B
Q1 25
$2.9B
Q4 24
$3.0B
Q3 24
$3.1B
Q2 24
$2.9B
Q1 24
$2.9B
Total Assets
GXO
GXO
MMYT
MMYT
Q4 25
$12.3B
Q3 25
$11.9B
Q2 25
$11.9B
Q1 25
$11.3B
Q4 24
$11.3B
Q3 24
$11.9B
Q2 24
$11.4B
Q1 24
$9.4B
Debt / Equity
GXO
GXO
MMYT
MMYT
Q4 25
0.88×
Q3 25
0.74×
Q2 25
0.88×
Q1 25
0.89×
Q4 24
0.84×
Q3 24
0.82×
Q2 24
0.88×
Q1 24
0.53×

Cash Flow & Capital Efficiency

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

Metric
GXO
GXO
MMYT
MMYT
Operating Cash FlowLast quarter
$170.0M
Free Cash FlowOCF − Capex
$115.0M
FCF MarginFCF / Revenue
3.3%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
3.95×
TTM Free Cash FlowTrailing 4 quarters
$110.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GXO
GXO
MMYT
MMYT
Q4 25
$170.0M
Q3 25
$232.0M
Q2 25
$3.0M
Q1 25
$29.0M
Q4 24
$186.0M
Q3 24
$198.0M
Q2 24
$115.0M
Q1 24
$50.0M
Free Cash Flow
GXO
GXO
MMYT
MMYT
Q4 25
$115.0M
Q3 25
$88.0M
Q2 25
$-44.0M
Q1 25
$-49.0M
Q4 24
$82.0M
Q3 24
$104.0M
Q2 24
$27.0M
Q1 24
$-23.0M
FCF Margin
GXO
GXO
MMYT
MMYT
Q4 25
3.3%
Q3 25
2.6%
Q2 25
-1.3%
Q1 25
-1.6%
Q4 24
2.5%
Q3 24
3.3%
Q2 24
0.9%
Q1 24
-0.9%
Capex Intensity
GXO
GXO
MMYT
MMYT
Q4 25
1.6%
Q3 25
4.2%
Q2 25
1.4%
Q1 25
2.6%
Q4 24
3.2%
Q3 24
3.0%
Q2 24
3.1%
Q1 24
3.0%
Cash Conversion
GXO
GXO
MMYT
MMYT
Q4 25
3.95×
Q3 25
3.93×
Q2 25
0.12×
Q1 25
Q4 24
1.86×
Q3 24
6.00×
Q2 24
3.03×
Q1 24

Financial Flow Comparison

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

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