MercadoLibre Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,920	1,997	1,911	987	482	83
Depreciation & Amortization	892	818	617	524	403	204
Stock-Based Compensation	307	303	261	167	85	89
Other Adjustments	3,350	3,075	1,938	1,667	1,559	590
Change in Receivables	-2,926	-1,508	-2,687	-1,413	-1,155	-1,089
Changes in Inventories	-277	-235	-113	-69	114	-142
Changes in Accounts Payable	4,046	3,079	2,808	1,918	577	689
Changes in Other Operating Activities	5,503	4,587	3,183	1,359	875	541
Operating Cash Flow	13,160	12,116	7,918	5,140	2,940	965
Operating Cash Flow Growth	76.95%	53.02%	54.05%	74.83%	204.66%	-18.36%
Capital Expenditures	-1,342	-1,343	-860	-509	-454	-573
Purchases of Intangible Assets	-	-	-	-	-1	-36
Proceeds from Sale of Intangible Assets	-	75	-	-	-	-
Purchases of Investments	-13,336	-14,754	-16,710	-18,936	-12,694	-7,371
Proceeds from Sale of Investments	16,298	16,590	13,962	18,100	11,023	7,801
Payments for Business Acquisitions	-	-	-6	-	-	-51
Other Investing Activities	-7,503	-6,747	-4,673	-2,105	-1,745	-1,367
Investing Cash Flow	-5,808	-6,179	-8,287	-3,450	-3,871	-1,597
Long-Term Debt Issued	56,643	44,050	19,472	24,963	17,017	9,262
Long-Term Debt Repaid	-53,670	-41,088	-17,461	-24,841	-15,933	-8,647
Net Long-Term Debt Issued (Repaid)	2,973	2,962	2,011	122	1,084	615
Issuance of Common Stock	-	-	-	-	-	1,520
Repurchase of Common Stock	-1	-1	-1	-356	-148	-489
Net Common Stock Issued (Repurchased)	-1	-1	-1	-356	-148	1,031
Other Financing Activities	-60	-57	-51	-33	-20	279
Financing Cash Flow	2,912	2,904	1,959	-267	916	1,925
Effect of Exchange Rate Changes on Cash and Cash Equivalents	379	-3	-739	-938	-270	-153
Net Cash Flow	10,643	8,838	851	485	-285	1,140
Free Cash Flow	11,818	10,773	7,058	4,631	2,486	392
Free Cash Flow Growth	9.70%	52.63%	52.41%	86.28%	534.18%	-58.07%
FCF Margin	37.16%	37.29%	33.97%	30.65%	23.06%	5.55%
Free Cash Flow Per Share	233.11	212.50	139.22	90.79	48.43	7.87
Levered Free Cash Flow	13,715	11,865	9,557	4,329	3,081	1,426
Unlevered Free Cash Flow	10,978	9,155	7,702	4,621	2,176	887.35

SEC Filings: 10-K · 10-Q