MercadoLibre, Inc. (MELI)
NASDAQ: MELI · Real-Time Price · USD
1,826.90
+6.43 (0.35%)
Sep 22, 2026, 12:45 PM EDT - Market open

MercadoLibre Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
10,1698,8458,7597,4096,7905,9356,0595,3125,0734,3334,4093,9273,5853,1863,0022,6902,5972,2482,1301,858
Revenue Growth
49.76%49.03%44.56%39.48%33.85%36.97%37.42%35.27%41.51%36.00%46.87%45.98%38.04%41.73%40.94%44.78%52.50%63.13%60.48%66.53%
Gross Profit
4,1593,8625,5693,2093,0942,7714,1162,4392,3652,0243,2152,0951,8311,6142,2731,3401,2761,0731,422807
Operating Income
68361188972482576382055772652833578566941835029625014125160
Net Income
46641755942152349463939753134416535926220116512912365-4695
Earnings Per Share
9.198.2311.038.3010.319.7412.607.8310.476.783.267.165.163.963.242.552.431.29-0.931.92
EPS Growth
-10.86%-15.55%-12.49%6.06%-1.57%43.66%286.64%9.36%102.94%71.12%0.66%180.47%112.39%207.27%-33.28%78.04%--584.08%

Revenue by Segment

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Commerce Services
4,3013,7563,7633,2583,0282,7012,8452,6012,5022,1281,9591,7961,5841,4151,3491,2231,1551,0371,0201,008
Commerce Products Sales
1,4611,1121,215916811602709538468368502332352261312242249240337217
Fintech Services
2,1131,9471,9121,6831,6101,4731,4411,2491,2151,0571,1971,1181,041961767672648558465407
Credit
2,2782,0121,8511,5351,3261,1461,045910875770742672596536560542529402298216
Fintech Products Sales
16181817151319141310991213141116111010
Revenue (Total)
10,1698,8458,7597,4096,7905,9356,0595,3125,0734,3334,2613,9273,5853,1863,0022,6902,5972,2482,1301,858

Cash & Debt

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
5,7455,6646,3136,3133,9838,0697,1296,6736,8916,2506,0365,4913,3003,2133,0302,3852,2282,0452,7931,290
Total Debt
13,20712,37611,4209,9059,0107,7576,8796,3405,4245,3055,3505,2475,5295,5315,4295,2824,9704,6403,9823,127
Net Cash (Debt)
-7,462-6,712-5,107-3,592-5,0273122503331,467945686244-2,229-2,318-2,399-2,897-2,742-2,595-1,189-1,836
Net Cash Growth
------66.98%-63.56%36.48%------------
Net Cash Per Share
-147.19-132.39-100.74-70.85-99.166.154.936.5728.9418.6413.534.86-43.58-45.24-46.79-56.45-54.44-51.48-23.81-37.03

Cash Flow & CapEx

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
3,6622,0755,2092,9592,9171,0312,9241,6001,8821,5121,9289411,4128591,542724907-233701265
Capital Expenditures
-441-271-427-357-287-272-305-223-184-148-180-126-114-89-112-106-99-137-148-162
Free Cash Flow
3,2211,8044,7822,6022,6307592,6191,3771,6981,3641,7488151,2987701,430618808-370553103
Free Cash Flow Growth
22.47%137.68%82.59%88.96%54.89%-44.35%49.83%68.96%30.82%77.14%22.24%31.88%60.64%-158.59%500.00%608.77%-226.63%-65.24%

Margins

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
40.90%43.66%63.58%43.31%45.57%46.69%67.93%45.91%46.62%46.71%72.92%53.35%51.07%50.66%75.72%49.81%49.13%47.73%66.76%43.43%
Operating Margin
6.72%6.91%10.15%9.77%12.15%12.86%13.53%10.49%14.31%12.19%7.60%19.99%18.66%13.12%11.66%11.00%9.63%6.27%1.17%8.61%
Pretax Margin
5.96%6.55%8.95%8.58%10.54%11.90%12.59%9.79%13.17%11.10%5.22%13.52%13.17%10.14%10.29%7.36%6.24%4.94%-1.97%6.78%
Profit Margin
4.58%4.71%6.38%5.68%7.70%8.32%10.55%7.47%10.47%7.94%3.74%9.14%7.31%6.31%5.50%4.80%4.74%2.89%-2.16%5.11%
FCF Margin
31.67%20.40%54.60%35.12%38.73%12.79%43.23%25.92%33.47%31.48%39.65%20.75%36.21%24.17%47.63%22.97%31.11%-16.46%25.96%5.54%

Valuation

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
46.1945.6551.1457.0464.5447.9945.1172.3959.5567.8380.5064.3578.57107.1988.30153.76135.38329.52-1068.30
Forward PE
41.6433.2140.5942.1748.3241.3046.0148.1445.0645.6248.7757.4260.6479.2154.9479.2169.30142.43169.46277.91
P/FCF Ratio
6.947.429.4813.7617.9415.3312.2116.8114.8114.6717.1614.7314.4518.2717.1225.9029.33-183.8910051.26
PS Ratio
2.452.763.534.525.504.424.155.444.704.725.264.644.775.774.044.313.637.5510.2013.32