In the 2011–2012 season, Makarova competed at the 2011 Cup of China and the 2011 Skate America. She placed seventh at the 2011 Cup of China and fifth at the 2011 Skate America. She placed fourth at 2012 Russian Nationals. Makarova competed at the 2012 European Championships and finished sixth. At the 2012 Worlds, she placed ninth.