MercadoLibre, Inc. (MELI)
NASDAQ: MELI · Real-Time Price · USD
1,510.00
-20.28 (-1.33%)
At close: Nov 6, 2026, 4:00 PM EST
1,514.98
+4.98 (0.33%)
After-hours: Nov 6, 2026, 7:59 PM EST

MercadoLibre Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
38,52328,89320,77715,10710,7807,069
Revenue Growth
47.07%39.06%37.53%40.14%52.50%77.88%
Gross Profit
17,97414,64310,9448,7556,0103,574
Operating Income
2,8593,2012,6312,2071,081450
Net Income
1,8901,9971,91198748283
Earnings Per Share
37.2839.3937.6919.469.531.67
EPS Growth
-9.00%4.51%93.68%104.29%471.57%-

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Commerce Services
16,43312,75010,0766,7544,7643,750
Commerce Products Sales
5,3163,5442,0831,4471,044885
Fintech Services
8,1446,6784,9624,3172,8881,590
Credit
8,5615,8583,6002,5462,033809
Fintech Products Sales
696356435135
Revenue (Total)
38,52328,89320,77715,10710,5377,069

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
7,3986,3137,1296,0363,0302,793
Total Debt
16,18411,4206,8795,3505,4293,982
Net Cash (Debt)
-8,786-5,107250686-2,399-1,189
Net Cash Growth
---63.56%---
Net Cash Per Share
-173.30-100.744.9313.45-46.73-23.87

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
13,89612,1167,9185,1402,940965
Capital Expenditures
-1,642-1,343-860-509-455-573
Free Cash Flow
12,25410,7737,0584,6312,485392
Free Cash Flow Growth
42.32%52.63%52.41%86.36%533.93%-58.07%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
46.66%50.68%52.67%57.95%55.75%50.56%
Operating Margin
7.42%11.08%12.66%14.61%10.03%6.37%
Pretax Margin
6.67%9.84%11.71%10.30%7.24%3.28%
Profit Margin
4.91%6.91%9.20%6.53%4.47%1.17%
FCF Margin
31.81%37.29%33.97%30.65%23.05%5.54%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
40.5051.1445.1180.5088.30868.48
Forward PE
34.3040.5946.0148.7754.94169.46
P/FCF Ratio
6.259.4812.2117.1617.13183.89
PS Ratio
1.993.534.155.263.9510.20