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Side-by-side financial comparison of MakeMyTrip Ltd (MMYT) and Strategy Inc (MSTR). Click either name above to swap in a different company.
Strategy Inc is the larger business by last-quarter revenue ($123.0M vs $88.6M, roughly 1.4× MakeMyTrip Ltd). On growth, MakeMyTrip Ltd posted the faster year-over-year revenue change (11.8% vs 1.9%).
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.
Strategy Inc., formerly known as MicroStrategy, is an American company that provides business intelligence (BI) and mobile software. Founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps. It is a public company headquartered in Tysons Corner, Virginia, in the Washington metropolitan area. Its primary business analytics competitors include SAP SE Busin...
MMYT vs MSTR — Head-to-Head
Income Statement — Q4 FY2022 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $88.6M | $123.0M |
| Net Profit | — | — |
| Gross Margin | — | 66.1% |
| Operating Margin | 3.8% | — |
| Net Margin | — | — |
| Revenue YoY | 11.8% | 1.9% |
| Net Profit YoY | — | — |
| EPS (diluted) | — | — |
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.
| Q4 25 | — | $123.0M | ||
| Q3 25 | — | $128.7M | ||
| Q2 25 | — | $114.5M | ||
| Q1 25 | — | $111.1M | ||
| Q4 24 | — | $120.7M | ||
| Q3 24 | — | $116.1M | ||
| Q2 24 | — | $111.4M | ||
| Q1 24 | — | $115.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $10.0B | ||
| Q1 25 | — | $-4.2B | ||
| Q4 24 | — | $-670.8M | ||
| Q3 24 | — | $-340.2M | ||
| Q2 24 | — | $-102.6M | ||
| Q1 24 | — | $-53.1M |
| Q4 25 | — | 66.1% | ||
| Q3 25 | — | 70.5% | ||
| Q2 25 | — | 68.8% | ||
| Q1 25 | — | 69.4% | ||
| Q4 24 | — | 71.7% | ||
| Q3 24 | — | 70.4% | ||
| Q2 24 | — | 72.2% | ||
| Q1 24 | — | 74.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -5331.4% | ||
| Q4 24 | — | -842.1% | ||
| Q3 24 | — | -372.7% | ||
| Q2 24 | — | -179.7% | ||
| Q1 24 | — | -176.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | 2164.1% | ||
| Q2 25 | — | 8752.7% | ||
| Q1 25 | — | -3797.2% | ||
| Q4 24 | — | -555.8% | ||
| Q3 24 | — | -293.1% | ||
| Q2 24 | — | -92.0% | ||
| Q1 24 | — | -46.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | $8.42 | ||
| Q2 25 | — | $32.60 | ||
| Q1 25 | — | $-16.49 | ||
| Q4 24 | — | $4.49 | ||
| Q3 24 | — | $-1.72 | ||
| Q2 24 | — | $-0.57 | ||
| Q1 24 | — | $-0.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $213.3M | $2.3B |
| Total DebtLower is stronger | — | $8.2B |
| Stockholders' EquityBook value | $896.5M | $44.1B |
| Total Assets | $1.3B | $61.6B |
| Debt / EquityLower = less leverage | — | 0.19× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $54.3M | ||
| Q2 25 | — | $50.1M | ||
| Q1 25 | — | $60.3M | ||
| Q4 24 | — | $38.1M | ||
| Q3 24 | — | $46.3M | ||
| Q2 24 | — | $66.9M | ||
| Q1 24 | — | $81.3M |
| Q4 25 | — | $8.2B | ||
| Q3 25 | — | $8.2B | ||
| Q2 25 | — | $8.2B | ||
| Q1 25 | — | $8.1B | ||
| Q4 24 | — | $7.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $3.8B | ||
| Q1 24 | — | $3.6B |
| Q4 25 | — | $44.1B | ||
| Q3 25 | — | $52.3B | ||
| Q2 25 | — | $47.5B | ||
| Q1 25 | — | $32.2B | ||
| Q4 24 | — | $18.2B | ||
| Q3 24 | — | $3.8B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.4B |
| Q4 25 | — | $61.6B | ||
| Q3 25 | — | $73.6B | ||
| Q2 25 | — | $64.8B | ||
| Q1 25 | — | $43.9B | ||
| Q4 24 | — | $25.8B | ||
| Q3 24 | — | $8.3B | ||
| Q2 24 | — | $7.1B | ||
| Q1 24 | — | $6.4B |
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | — | 1.36× | ||
| Q1 24 | — | 1.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
