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Side-by-side financial comparison of MakeMyTrip Ltd (MMYT) and NETSTREIT Corp. (NTST). Click either name above to swap in a different company.
MakeMyTrip Ltd is the larger business by last-quarter revenue ($88.6M vs $57.1M, roughly 1.6× NETSTREIT Corp.). On growth, NETSTREIT Corp. posted the faster year-over-year revenue change (24.3% vs 11.8%).
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.
NETSTREIT Corp. is a US-headquartered real estate investment trust (REIT) that specializes in acquiring and operating a diversified portfolio of single-tenant net lease commercial properties. Its asset portfolio covers retail, industrial and office categories, primarily catering to investment-grade corporate tenants across the United States market.
MMYT vs NTST — Head-to-Head
Income Statement — Q4 FY2022 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $88.6M | $57.1M |
| Net Profit | — | $5.7M |
| Gross Margin | — | — |
| Operating Margin | 3.8% | 34.1% |
| Net Margin | — | 10.0% |
| Revenue YoY | 11.8% | 24.3% |
| Net Profit YoY | — | 235.9% |
| EPS (diluted) | — | $0.32 |
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.
| Q1 26 | — | $57.1M | ||
| Q4 25 | — | $52.5M | ||
| Q3 25 | — | $48.3M | ||
| Q2 25 | — | $48.3M | ||
| Q1 25 | — | $45.9M | ||
| Q4 24 | — | $44.1M | ||
| Q3 24 | — | $41.4M | ||
| Q2 24 | — | $39.6M |
| Q1 26 | — | $5.7M | ||
| Q4 25 | — | $1.3M | ||
| Q3 25 | — | $618.0K | ||
| Q2 25 | — | $3.3M | ||
| Q1 25 | — | $1.7M | ||
| Q4 24 | — | $-5.4M | ||
| Q3 24 | — | $-5.3M | ||
| Q2 24 | — | $-2.3M |
| Q1 26 | — | 34.1% | ||
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 6.8% | ||
| Q1 25 | — | 3.7% | ||
| Q4 24 | — | -12.3% | ||
| Q3 24 | — | -12.8% | ||
| Q2 24 | — | -5.8% |
| Q1 26 | — | 10.0% | ||
| Q4 25 | — | 2.5% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 6.8% | ||
| Q1 25 | — | 3.7% | ||
| Q4 24 | — | -12.3% | ||
| Q3 24 | — | -12.8% | ||
| Q2 24 | — | -5.8% |
| Q1 26 | — | $0.32 | ||
| Q4 25 | — | $0.01 | ||
| Q3 25 | — | $0.01 | ||
| Q2 25 | — | $0.04 | ||
| Q1 25 | — | $0.02 | ||
| Q4 24 | — | $-0.07 | ||
| Q3 24 | — | $-0.07 | ||
| Q2 24 | — | $-0.03 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $896.5M | $1.5B |
| Total Assets | $1.3B | $2.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $926.6M | ||
| Q1 25 | — | $913.3M | ||
| Q4 24 | — | $868.3M | ||
| Q3 24 | — | $778.7M | ||
| Q2 24 | — | $726.2M |
| Q1 26 | — | $1.5B | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B |
| Q1 26 | — | $2.8B | ||
| Q4 25 | — | $2.6B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.84× | ||
| Q2 25 | — | 0.70× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.55× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MMYT
Segment breakdown not available.
NTST
| Rental revenue (including reimbursable) | $54.0M | 95% |
| Other | $3.0M | 5% |
