MakeMyTrip clocks record $10.4B FY26 gross bookings, $1B revenue as bus ticketing surges 29%

FY26 gross bookings rose 10.4% CC to $10.4B with revenue crossing $1B (+10.7%). Bus led category growth at 29.3%, hotels/packages up 15.7%, air 13.4%. Adj operating profit hit $189M; operating cash flow jumped 30% to $156M. AI assistant Myra now handles 54,000 daily chats, resolving 55% of post-booking queries with 45% tier-2+ usage.

— Source publishedWed, 20 May, 2026, 08:27 IST·First seen Wed, 20 May, 2026, 09:29 IST·Source ET Retail

What happened

MakeMyTrip posted record FY26 gross bookings of $10.4B (+10.4% CC) and $1B revenue. Bus ticketing led growth at 29%, hotels/packages 16%, air 13%. AI assistant

Key facts

  • $10.4B FY26 gross bookings
  • +10.4% YoY CC
  • $2.5B Q4 bookings
  • $250M Q4 revenue
  • $1B FY26 revenue
  • +10.7% YoY
  • $46.5M Q4 adj operating profit
  • $189M FY26 adj operating profit
  • $156M operating activities, +30%
  • bus +29.3%
  • hotels/packages +15.7%
  • air +13.4%
  • others +37.1%
  • Myra resolves 55% queries
  • 54,000 daily conversations
  • 45% tier-2+ usage

Why this matters

MakeMyTrip's 29% bus surge and tier-2+ AI traction highlight regional ground-transport and vernacular commerce as adjacencies where partnerships or tuck-in M&A could accelerate share capture.