MercadoLibre, Inc. (MELI)
NASDAQ: MELI · Real-Time Price · USD
1,862.52
+42.78 (2.35%)
At close: Jul 28, 2026, 4:00 PM EDT
1,865.00
+2.48 (0.13%)
After-hours: Jul 28, 2026, 7:58 PM EDT
MercadoLibre Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
Net Income | 417 | 559 | 421 | 523 | 494 | 639 | 397 | 531 | 344 | 165 | 359 | 262 | 201 | 165 | 129 | 123 | 65 | -46 | 95 | 68 |
Depreciation & Amortization | 246 | 238 | 209 | 199 | 172 | 152 | 157 | 154 | 154 | 135 | 135 | 128 | 126 | 122 | 97 | 100 | 84 | 67 | 52 | 47 |
Stock-Based Compensation | 96 | 51 | 64 | 96 | 92 | 51 | 83 | 59 | 68 | 45 | 39 | 36 | 47 | 25 | 24 | 5 | 30 | 5 | 33 | 29 |
Other Adjustments | 936 | 966 | 689 | 759 | 642 | 665 | 500 | 420 | 353 | 95 | 333 | 495 | 420 | 400 | 358 | 459 | 342 | 140.49 | 140.64 | 83.65 |
Change in Receivables | -887 | -1,464 | -46 | - | -71 | -63 | -487 | -603 | -425 | -46 | -569 | 9 | 153 | -360 | -121 | -156 | -518 | -465 | -293 | -290 |
Changes in Inventories | -88 | -48 | -87 | -54 | -46 | -3 | -65 | -56 | 11 | 16 | -19 | -27 | -39 | 12 | 21 | 43 | 38 | -28 | -67 | -28 |
Changes in Accounts Payable | 863 | 1,595 | 646 | 942 | -104 | 1,090 | 654 | 691 | 373 | 1,058 | 425 | 265 | 170 | 350 | 115 | 232 | -120 | 480 | 187 | 163.13 |
Changes in Other Operating Activities | 492 | 2,234 | 1,339 | 1,438 | -148 | 1,502 | 361 | 686 | 634 | 1,096 | 238 | 244 | -219 | 828 | 100 | 101 | -154 | 515.22 | 129 | 118.1 |
Operating Cash Flow | 2,075 | 5,209 | 2,959 | 2,917 | 1,031 | 2,924 | 1,600 | 1,882 | 1,512 | 1,928 | 941 | 1,412 | 859 | 1,542 | 724 | 907 | -233 | 701 | 265 | 262.04 |
Operating Cash Flow Growth (YoY) | 101.26% | 78.15% | 84.94% | 55.00% | -31.81% | 51.66% | 70.03% | 33.29% | 76.02% | 25.03% | 29.97% | 55.68% | - | 119.97% | 173.21% | 246.13% | - | 173.82% | -26.66% | -59.71% |
Investing Activities
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
Capital Expenditures | -271 | -427 | -357 | -287 | -272 | -305 | -223 | -184 | -148 | -180 | -126 | -114 | -89 | -112 | -106 | -99 | -137 | -148 | - | -150 |
Purchases of Intangible Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | - | - | -7 | -9 | -12 |
Purchases of Investments | -2,824 | -4,871 | -3,434 | -2,207 | -4,242 | -4,327 | -3,665 | -4,623 | -4,095 | -3,396 | -5,494 | -4,922 | -5,124 | -3,428 | -3,076 | -3,287 | -2,903 | -872 | -1,291 | -2,793 |
Proceeds from Sale of Investments | 3,613 | 5,348 | 4,439 | 2,898 | 3,905 | 3,873 | 2,595 | 3,766 | 3,728 | 3,253 | 4,924 | 4,819 | 5,104 | 3,162 | 2,818 | 2,618 | 2,425 | 1,003 | 1,223 | 2,986 |
Other Investing Activities | -1,989 | -2,126 | -1,759 | -1,629 | -1,233 | -1,374 | -1,315 | -1,044 | -951 | -591 | -634 | -451 | -429 | -269 | -300 | -568 | -609 | -635 | -387 | -189 |
Investing Cash Flow | -1,471 | -2,001 | -1,111 | -1,225 | -1,842 | -2,128 | -2,608 | -2,085 | -1,466 | -914 | -1,330 | -668 | -538 | -646 | -664 | -1,337 | -1,224 | -710 | -631 | -158 |
Financing Activities
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
Long-Term Debt Issued | 21,524 | 13,347 | 11,978 | 9,794 | 8,931 | 6,897 | 5,252 | 3,804 | 3,519 | 5,573 | 7,073 | 6,340 | 5,977 | 4,539 | 5,163 | 3,991 | 3,324 | 3,206 | 2,554 | 1,662 |
Long-Term Debt Repaid | -21,035 | -11,948 | -11,519 | -9,168 | -8,453 | -6,127 | -4,514 | -3,314 | -3,506 | -5,488 | -6,784 | -6,547 | -6,022 | -4,512 | -4,775 | -3,517 | -3,129 | -2,417 | -2,125 | -1,536 |
Net Long-Term Debt Issued (Repaid) | 489 | 1,399 | 459 | 626 | 478 | 770 | 738 | 490 | 13 | 85 | 289 | -207 | -45 | 27 | 388 | 474 | 195 | 789 | 429 | 126 |
Repurchase of Common Stock | - | 0 | -1 | - | - | 0 | 0 | - | - | 0 | -149 | -146 | -61 | -33 | -41 | -35 | -39 | -46 | -298 | -117 |
Net Common Stock Issued (Repurchased) | - | 0 | -1 | - | - | 0 | 0 | - | - | 0 | -149 | -146 | -61 | -33 | -41 | -35 | -39 | -46 | -298 | -117 |
Other Financing Activities | -16 | -17 | -14 | -13 | -13 | -13 | -12 | -13 | -13 | -12 | -8 | -7 | -6 | -6 | -5 | -5 | -4 | -4 | 291 | -5 |
Financing Cash Flow | 473 | 1,382 | 444 | 613 | 465 | 757 | 726 | 476 | 0 | 73 | 132 | -360 | -112 | -12 | 342 | 434 | 152 | 2,259 | 422 | 103 |
Net Cash Flow
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
Foreign Exchange Rate Adjustments | 527 | -252 | 19 | 85 | 145 | -332 | -63 | -268 | -76 | -495 | -311 | -84 | -48 | -49 | -127 | -165 | 71 | -25 | -64 | 34 |
Net Cash Flow | 1,604 | 4,338 | 2,311 | 2,390 | -201 | 1,221 | -345 | 5 | -30 | 592 | -568 | 300 | 161 | 835 | 275 | -161 | -1,234 | 2,225 | -8 | 243 |
Free Cash Flow
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
Free Cash Flow | 1,804 | 4,782 | 2,602 | 2,630 | 759 | 2,619 | 1,377 | 1,698 | 1,364 | 1,748 | 815 | 1,298 | 770 | 1,430 | 618 | 808 | -370 | 553 | 265 | 112.04 |
Free Cash Flow Growth (YoY) | 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% | 133.21% | 621.18% | - | 116.01% | -10.58% | -81.35% |
FCF Margin | 20.40% | 54.60% | 35.12% | 38.73% | 12.79% | 43.23% | 25.92% | 33.47% | 31.48% | 41.02% | 20.75% | 36.21% | 24.17% | 47.63% | 22.97% | 31.11% | -16.46% | 25.96% | 14.26% | 6.58% |
Free Cash Flow Per Share | 35.58 | 94.32 | 51.32 | 51.88 | 14.97 | 51.66 | 27.16 | 33.49 | 26.90 | 34.48 | 16.23 | 25.37 | 15.03 | 27.89 | 12.04 | 16.04 | -7.34 | 11.08 | 5.34 | 2.25 |
Levered Free Cash Flow | 2,148 | 5,550 | 2,630 | 3,387 | 574 | 3,845 | 2,019 | 2,312 | 1,381 | 2,375 | 1,301 | 551 | 108 | 1,393 | 744 | 973 | -29 | 1,620 | 825 | 344.23 |
Unlevered Free Cash Flow | 1,682 | 4,226 | 2,229 | 2,841 | 135.88 | 3,123 | 1,309 | 1,868 | 1,402 | 2,297 | 1,184 | 867.35 | 207.64 | 1,386 | 419.85 | 567.18 | -207.6 | 913.12 | 421.63 | 232.02 |