MercadoLibre, Inc. (MELI)

MercadoLibre Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	28,893	20,777	15,107	10,537	7,069
Revenue Growth (YoY)	39.06%	37.53%	43.37%	49.06%	77.88%
Cost of Revenue	16,035	11,200	7,517	5,374	4,064
Gross Profit	12,858	9,577	7,590	5,163	3,005
Selling, General & Admin	7,388	5,012	3,552	3,030	1,974
Research & Development	2,269	1,934	1,831	1,099	590
Total Operating Expenses	9,657	6,946	5,383	4,129	2,564
Operating Income	3,201	2,631	2,207	1,034	441
Interest Income	138	148	135	265	138
Interest Expense	-160	-165	-174	-321	-229
Other Non-Operating Income (Expense)	-337	-182	-612	-198	-118
Total Non-Operating Income (Expense)	-359	-199	-651	-254	-209
Pretax Income	2,842	2,432	1,553	780	241
Provision for Income Taxes	845	521	569	298	149
Net Income	1,997	1,911	987	482	83
Net Income to Common	1,997	1,911	987	482	83
Net Income Growth	4.50%	93.62%	104.77%	480.72%	-
Shares Outstanding (Basic)	51	51	50	50	50
Shares Outstanding (Diluted)	51	51	51	51	50
Shares Change (YoY)	-	-0.61%	-0.64%	3.08%	0.13%
EPS (Basic)	39.40	37.69	19.64	9.57	1.67
EPS (Diluted)	39.40	37.69	19.46	9.53	1.67
EPS Growth	4.54%	93.68%	104.20%	470.66%	-
Free Cash Flow	10,773	7,058	4,631	2,485	392
Free Cash Flow Growth	52.63%	52.41%	86.36%	533.93%	-58.07%
Free Cash Flow Per Share	212.50	139.22	90.79	48.41	7.87
Gross Margin	44.50%	46.09%	50.24%	49.00%	42.51%
Operating Margin	11.08%	12.66%	14.61%	9.81%	6.24%
Profit Margin	6.91%	9.20%	6.53%	4.57%	1.17%
FCF Margin	37.29%	33.97%	30.65%	23.58%	5.55%
EBITDA	4,019	3,248	2,731	1,437	645
EBITDA Margin	13.91%	15.63%	18.08%	13.64%	9.12%
EBIT	3,201	2,631	2,207	1,034	441
EBIT Margin	11.08%	12.66%	14.61%	9.81%	6.24%
Effective Tax Rate	29.73%	21.42%	36.64%	38.21%	61.83%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q