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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
| 8,845 | 8,759 | 7,409 | 6,790 | 5,935 | 6,059 | 5,312 | 5,073 | 4,333 | 4,261 | 3,927 | 3,585 | 3,186 | 3,002 | 2,690 | 2,597 | 2,248 | 2,130 | 1,858 | 1,703 | |
Revenue Growth (YoY) | 49.03% | 44.56% | 39.48% | 33.85% | 36.97% | 42.20% | 35.27% | 41.51% | 36.00% | 41.94% | 45.98% | 38.04% | 41.73% | 40.94% | 44.78% | 52.50% | 63.13% | 60.41% | 66.53% | 93.88% |
Cost of Revenue | 4,983 | 4,975 | 4,200 | 3,696 | 3,164 | 3,310 | 2,873 | 2,708 | 2,309 | 2,306 | 1,832 | 1,754 | 1,572 | 1,544 | 1,342 | 1,313 | 1,175 | 1,277 | 1,051 | 949 |
Gross Profit | 3,862 | 3,784 | 3,209 | 3,094 | 2,771 | 2,749 | 2,439 | 2,365 | 2,024 | 1,955 | 2,095 | 1,831 | 1,614 | 1,458 | 1,348 | 1,284 | 1,073 | 853 | 807 | 754 |
Selling, General & Admin | 1,308 | 1,328 | 1,103 | 1,012 | 854 | 890 | 871 | 729 | 664 | 730 | 637 | 572 | 563 | 556 | 486 | 469 | 445 | 486 | 404 | 359 |
Research & Development | 699 | 584 | 567 | 567 | 551 | 512 | 504 | 460 | 458 | 686 | 396 | 368 | 381 | 325 | 278 | 262 | 234 | 179 | 138 | 147 |
Other Operating Expenses | 1,244 | 983 | 815 | 690 | 603 | 527 | 507 | 450 | 374 | 299 | 277 | 222 | 252 | 228 | 288 | 303 | 255 | 164 | 105 | 82 |
Total Operating Expenses | 3,251 | 2,895 | 2,485 | 2,269 | 2,008 | 1,929 | 1,882 | 1,639 | 1,496 | 1,715 | 1,310 | 1,162 | 1,196 | 1,109 | 1,052 | 1,034 | 934 | 829 | 647 | 588 |
Operating Income | 611 | 889 | 724 | 825 | 763 | 820 | 557 | 726 | 528 | 240 | 785 | 669 | 418 | 349 | 296 | 250 | 139 | 24 | 160 | 166 |
Interest Income | 27 | 8 | 49 | 44 | 37 | 41 | 43 | 39 | 25 | 178 | 38 | 34 | 23 | 123 | 65 | 46 | 31 | 54 | 35 | 24 |
Interest Expense | -65 | -50 | -35 | -36 | -39 | -48 | -40 | -39 | -38 | -81 | -53 | -49 | -34 | -100 | -92 | -73 | -56 | -54 | -44 | -40 |
Other Non-Operating Income (Expense) | 6 | -63 | -102 | -117 | -55 | -50 | -40 | -58 | -34 | -107 | -239 | -182 | -87 | -64 | -71 | -60 | -3 | -57 | -25 | -12 |
Total Non-Operating Income (Expense) | -32 | -105 | -88 | -109 | -57 | -57 | -37 | -58 | -47 | -10 | -254 | -197 | -98 | -41 | -98 | -87 | -28 | -57 | -34 | -28 |
Pretax Income | 579 | 784 | 636 | 716 | 706 | 763 | 520 | 668 | 481 | 230 | 531 | 472 | 320 | 308 | 198 | 163 | 111 | -33 | 126 | 138 |
Provision for Income Taxes | 162 | 225 | 215 | 193 | 212 | 124 | 123 | 137 | 137 | 65 | 172 | 210 | 122 | 144 | 69 | 39 | 46 | 4 | 31 | 70 |
Net Income | 417 | 559 | 421 | 523 | 494 | 639 | 397 | 531 | 344 | 165 | 359 | 262 | 201 | 165 | 129 | 123 | 65 | -46 | 95 | 68 |
Minority Interest in Earnings | - | - | - | - | - | - | - | - | - | - | - | - | -3 | -1 | - | 1 | - | 9 | - | - |
Net Income to Common | 417 | 559 | 421 | 523 | 494 | 639 | 397 | 531 | 344 | 165 | 359 | 262 | 204 | 166 | 129 | 122 | 65 | -55 | 95 | 68 |
Net Income Growth (YoY) | -15.59% | -12.52% | 6.04% | -1.51% | 43.60% | 287.27% | 10.59% | 102.67% | 68.63% | -0.60% | 178.30% | 114.75% | 213.85% | - | 35.79% | 79.41% | - | - | 531.86% | 21.54% |
Shares Outstanding (Basic) | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 |
Shares Outstanding (Diluted) | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 50 | 51 | 51 | 51 | 51 | 50 | 50 | 50 | 50 | 50 |
Shares Change (YoY) | - | - | - | - | - | - | 0.97% | -0.89% | -1.05% | -1.13% | -2.15% | 1.57% | 1.64% | 2.70% | 3.46% | 1.09% | 1.08% | 0.21% | -0.25% | 0.23% |
EPS (Basic) | 8.23 | 11.03 | 8.32 | 10.31 | 9.74 | 12.61 | 7.83 | 10.48 | 6.78 | 3.26 | 7.18 | 5.22 | 4.01 | 3.28 | 2.57 | 2.43 | 1.30 | -0.92 | 1.92 | 1.37 |
EPS (Diluted) | 8.23 | 11.03 | 8.32 | 10.31 | 9.74 | 12.61 | 7.83 | 10.48 | 6.78 | 3.25 | 7.16 | 5.16 | 3.97 | 3.25 | 2.56 | 2.43 | 1.30 | -0.92 | 1.92 | 1.37 |
EPS Growth (YoY) | -15.50% | -12.53% | 6.26% | -1.62% | 43.66% | 288.00% | 9.36% | 103.10% | 70.78% | 0% | 179.69% | 112.35% | 205.39% | - | 33.33% | 77.37% | - | - | 585.71% | 23.42% |
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% |
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 |
Gross Margin | 43.66% | 43.20% | 43.31% | 45.57% | 46.69% | 45.37% | 45.91% | 46.62% | 46.71% | 45.88% | 53.35% | 51.07% | 50.66% | 48.57% | 50.11% | 49.44% | 47.73% | 40.05% | 43.43% | 44.27% |
Operating Margin | 6.91% | 10.15% | 9.77% | 12.15% | 12.86% | 13.53% | 10.49% | 14.31% | 12.19% | 5.63% | 19.99% | 18.66% | 13.12% | 11.63% | 11.00% | 9.63% | 6.18% | 1.13% | 8.61% | 9.75% |
Profit Margin | 4.71% | 6.38% | 5.68% | 7.70% | 8.32% | 10.55% | 7.47% | 10.47% | 7.94% | 3.87% | 9.14% | 7.31% | 6.31% | 5.50% | 4.80% | 4.74% | 2.89% | -2.16% | 5.11% | 3.99% |
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% |
EBITDA | 857 | 1,127 | 933 | 1,024 | 935 | 972 | 714 | 880 | 682 | 375 | 920 | 797 | 544 | 471 | 393 | 350 | 223 | 91 | 212 | 213 |
EBITDA Margin | 9.69% | 12.87% | 12.59% | 15.08% | 15.75% | 16.04% | 13.44% | 17.35% | 15.74% | 8.80% | 23.43% | 22.23% | 17.07% | 15.69% | 14.61% | 13.48% | 9.92% | 4.27% | 11.41% | 12.51% |
EBIT | 611 | 889 | 724 | 825 | 763 | 820 | 557 | 726 | 528 | 240 | 785 | 669 | 418 | 349 | 296 | 250 | 139 | 24 | 160 | 166 |
EBIT Margin | 6.91% | 10.15% | 9.77% | 12.15% | 12.86% | 13.53% | 10.49% | 14.31% | 12.19% | 5.63% | 19.99% | 18.66% | 13.12% | 11.63% | 11.00% | 9.63% | 6.18% | 1.13% | 8.61% | 9.75% |
Effective Tax Rate | 27.98% | 28.70% | 33.80% | 26.96% | 30.03% | 16.25% | 23.65% | 20.51% | 28.48% | 28.26% | 32.39% | 44.49% | 38.13% | 46.75% | 34.85% | 23.93% | 41.44% | -12.12% | 24.60% | 50.72% |