MercadoLibre, Inc. (MELI)

Nasdaq Consumer Discretionary Broadline Retail Nasdaq-100

$1,510.00

-20.28 (-1.33%)

Close of Nov 06, 2026 · end-of-day data

Source: MercadoLibre, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$844.40M	$1.22B	$1.44B	$2.30B	$3.97B	$5.71B	$7.45B	$10.49B	$15.14B	$20.34B
Cost of revenue	$307.54M	$496.94M	$742.64M	$1.19B	$2.27B	$4.06B	$5.58B	$7.52B	$11.20B	$16.04B
Gross profit	$536.86M	$719.60M	$697.01M	$1.10B	$1.71B	$3.00B	$5.20B	$7.59B	$9.58B	$12.86B
Research & development	$98.48M	$127.16M	$146.27M	$223.81M	$353.00M	$590.00M	$1.10B	$1.83B	$1.93B	$2.27B
Operating income	$181.06M	$56.27M	-$69.48M	-$153.16M	$128.00M	$441.00M	$1.07B	$2.21B	$2.63B	$3.20B
Interest expense	$17.88M	$18.51M	—	—	—	—	—	—	—	—
Pre-tax income	$185.33M	$54.07M	-$65.45M	-$107.25M	$81.00M	$241.00M	$780.00M	$1.55B	$2.43B	$2.84B
Income tax	$48.96M	$40.29M	-$28.87M	$64.75M	$82.00M	$149.00M	$298.00M	$569.00M	$521.00M	$845.00M
Net income	$136.37M	$13.78M	-$36.59M	-$172.00M	-$1.00M	$83.00M	$482.00M	$987.00M	$1.91B	$2.00B
EBITDA	$210.08M	$97.19M	-$23.69M	-$79.84M	$233.00M	$645.00M	$1.47B	$2.73B	$3.25B	$4.02B
EPS (basic)	$3.09	$0.31	$-0.82	$-3.71	$-0.08	$1.67	$9.57	$19.64	$37.69	$39.40
EPS (diluted)	$3.09	$0.31	$-0.82	$-3.71	$-0.08	$1.67	$9.53	$19.46	$37.69	$39.40
Diluted shares	44.16M	44.16M	44.53M	48.69M	49.74M	49.80M	51.34M	51.01M	50.70M	50.70M
Gross margin	63.6%	59.2%	48.4%	48.0%	43.0%	52.6%	69.8%	72.4%	63.3%	63.2%
Operating margin	21.4%	4.6%	-4.8%	-6.7%	3.2%	7.7%	14.3%	21.0%	17.4%	15.7%
Net margin	16.1%	1.1%	-2.5%	-7.5%	-0.0%	1.5%	6.5%	9.4%	12.6%	9.8%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$234.14M	$388.26M	$440.33M	$1.38B	$1.86B	$2.58B	$1.91B	$2.56B	$2.63B	$3.67B
Short-term investments	$253.32M	$209.43M	$461.54M	$1.60B	$1.24B	$810.00M	$2.34B	$3.48B	$4.49B	$2.63B
Receivables	$25.43M	$28.17M	$35.15M	$35.45M	$49.69M	$98.00M	$130.00M	$156.00M	$255.00M	$369.00M
Inventory	$1.10M	$2.55M	$4.61M	$8.63M	$118.14M	$253.00M	$152.00M	$238.00M	$296.00M	$570.00M
Total current assets	$869.46M	$1.29B	$1.51B	$3.79B	$5.35B	$8.18B	$10.95B	$14.26B	$20.14B	$33.57B
Goodwill	$91.80M	$92.28M	$88.88M	$87.61M	$85.00M	$148.00M	$153.00M	$163.00M	$149.00M	$163.00M
Total assets	$1.37B	$1.67B	$2.24B	$4.78B	$6.53B	$10.10B	$13.74B	$17.61B	$25.20B	$42.67B
Total current liabilities	$576.60M	$968.03M	$1.17B	$1.75B	$3.64B	$5.84B	$8.56B	$11.26B	$16.60B	$28.63B
Short-term debt	—	—	$132.95M	$186.14M	$548.39M	$1.28B	$2.13B	$2.29B	$2.83B	$4.62B
Long-term debt	—	—	$602.23M	$631.35M	$860.88M	$3.52B	$4.76B	$4.50B	$5.71B	$9.19B
Total debt	—	—	$735.18M	$817.49M	$1.41B	$4.80B	$6.89B	$6.79B	$8.54B	$13.82B
Total liabilities	$938.58M	$1.35B	$1.90B	$2.70B	$4.87B	$8.57B	$11.91B	$14.54B	$20.84B	$35.92B
Shareholders' equity	$428.85M	$325.78M	$336.70M	$1.98B	$1.65B	$1.53B	$1.83B	$3.07B	$4.35B	$6.75B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$190.26M	$269.01M	$230.91M	$451.09M	$1.18B	$965.00M	$2.94B	$5.14B	$7.92B	$12.12B
Capital expenditures	$68.53M	$55.16M	$93.14M	$136.80M	$247.00M	$573.00M	$454.00M	$509.00M	$860.00M	$1.34B
Free cash flow	$121.73M	$213.85M	$137.77M	$314.29M	$935.00M	$392.00M	$2.49B	$4.63B	$7.06B	$10.77B
Investing cash flow	-$84.24M	-$22.64M	-$672.46M	-$1.45B	-$252.00M	-$1.60B	-$3.87B	-$3.45B	-$8.29B	-$6.18B
Financing cash flow	-$19.67M	-$50.90M	$608.88M	$2.02B	$242.00M	$1.93B	$916.00M	-$267.00M	$1.96B	$2.90B
Dividends paid	$24.42M	$26.50M	$6.62M	—	—	—	—	—	—	—
Share buybacks	—	—	—	$720.00K	$54.00M	$486.00M	$148.00M	$356.00M	$1.00M	$1.00M
Stock-based compensation	$22.98M	$35.72M	$27.52M	—	—	—	—	—	—	—
Depreciation & amortization	$29.02M	$40.92M	$45.79M	$73.32M	$105.00M	$204.00M	$403.00M	$524.00M	$617.00M	$818.00M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$3.13B	$3.10B	$3.77B	$3.90B	$4.44B	$4.19B	$4.80B	$5.21B	$6.14B	$6.07B	$7.05B	$7.51B
Cost of revenue	$2.36B	$2.31B	$2.71B	$2.87B	$3.31B	$3.16B	$3.70B	$4.20B	$4.97B	$4.98B	$6.01B	$6.37B
Gross profit	$2.05B	$2.02B	$2.37B	$2.44B	$2.75B	$2.77B	$3.09B	$3.21B	$3.78B	$3.86B	$4.16B	$4.38B
Research & development	$686.00M	$458.00M	$460.00M	$504.00M	$512.00M	$551.00M	$567.00M	$567.00M	$584.00M	$699.00M	$729.00M	$745.00M
Operating income	$335.00M	$528.00M	$726.00M	$557.00M	$820.00M	$763.00M	$825.00M	$724.00M	$889.00M	$611.00M	$683.00M	$676.00M
Pre-tax income	$230.00M	$481.00M	$668.00M	$520.00M	$763.00M	$706.00M	$716.00M	$636.00M	$784.00M	$579.00M	$606.00M	$601.00M
Income tax	$65.00M	$137.00M	$137.00M	$123.00M	$124.00M	$212.00M	$193.00M	$215.00M	$225.00M	$162.00M	$140.00M	$153.00M
Net income	$165.00M	$344.00M	$531.00M	$397.00M	$639.00M	$494.00M	$523.00M	$421.00M	$559.00M	$417.00M	$466.00M	$448.00M
EBITDA	$470.00M	$682.00M	$880.00M	$714.00M	$972.00M	$935.00M	$1.02B	$933.00M	$1.13B	$857.00M	$975.00M	$982.00M
EPS (basic)	$3.26	$6.78	$10.48	$7.83	$12.60	$9.74	$10.31	$8.32	$11.03	$8.23	$9.19	$8.83
EPS (diluted)	$3.25	$6.78	$10.48	$7.83	$12.60	$9.74	$10.31	$8.32	$11.03	$8.23	$9.19	$8.83
Diluted shares	50.70M	50.70M	50.70M	50.70M	-14	50.70M	50.70M	50.70M	-24	50.70M	50.70M	50.70M
Gross margin	65.4%	65.3%	62.8%	62.6%	62.0%	66.1%	64.4%	61.7%	61.7%	63.7%	59.0%	58.4%
Operating margin	10.7%	17.0%	19.3%	14.3%	18.5%	18.2%	17.2%	13.9%	14.5%	10.1%	9.7%	9.0%
Net margin	5.3%	11.1%	14.1%	10.2%	14.4%	11.8%	10.9%	8.1%	9.1%	6.9%	6.6%	6.0%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$2.56B	$2.58B	$2.82B	$2.16B	$2.63B	$2.98B	$3.01B	$2.58B	$3.67B	$3.68B	$3.65B	$4.16B
Short-term investments	$3.48B	$3.67B	$4.07B	$4.51B	$4.49B	$5.08B	$4.63B	$3.71B	$2.63B	$1.97B	$2.08B	$3.21B
Receivables	$156.00M	$170.00M	$190.00M	$216.00M	$255.00M	$261.00M	$313.00M	$298.00M	$369.00M	$370.00M	$418.00M	$439.00M
Inventory	$238.00M	$223.00M	$257.00M	$322.00M	$296.00M	$358.00M	$434.00M	$532.00M	$570.00M	$677.00M	$822.00M	$1.03B
Total current assets	$14.26B	$15.51B	$16.48B	$17.82B	$20.14B	$21.74B	$26.06B	$28.80B	$33.57B	$37.12B	$40.78B	$46.11B
Goodwill	$163.00M	$158.00M	$149.00M	$149.00M	$149.00M	$155.00M	$160.00M	$161.00M	$163.00M	$165.00M	$168.00M	$172.00M
Total assets	$17.61B	$19.06B	$20.03B	$22.62B	$25.20B	$27.68B	$32.95B	$36.69B	$42.67B	$46.93B	$51.36B	$57.25B
Total current liabilities	$11.26B	$12.26B	$12.91B	$14.31B	$16.60B	$18.07B	$21.75B	$24.52B	$28.63B	$31.97B	$36.37B	$39.42B
Short-term debt	$2.29B	$2.25B	$2.20B	$2.25B	$2.83B	$3.57B	$3.82B	$4.43B	$4.62B	$5.32B	$6.48B	$6.91B
Long-term debt	$4.50B	$4.47B	$4.64B	$5.35B	$5.71B	$6.43B	$7.30B	$7.84B	$9.19B	$9.93B	$10.63B	$13.19B
Total debt	$6.79B	$6.72B	$6.84B	$7.60B	$8.54B	$10.00B	$11.12B	$12.27B	$13.82B	$15.24B	$17.11B	$20.10B
Total liabilities	$14.54B	$15.67B	$16.37B	$18.62B	$20.84B	$22.68B	$27.23B	$30.47B	$35.92B	$39.65B	$43.52B	$49.05B
Shareholders' equity	$3.07B	$3.39B	$3.66B	$4.00B	$4.35B	$5.00B	$5.71B	$6.22B	$6.75B	$7.28B	$7.83B	$8.20B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$1.93B	$1.51B	$1.88B	$1.60B	$2.92B	$1.03B	$2.92B	$2.96B	$5.21B	$2.08B	$3.66B	$2.95B
Capital expenditures	$180.00M	$146.00M	$183.00M	$222.00M	$305.00M	$272.00M	$287.00M	$357.00M	$427.00M	$271.00M	$441.00M	$503.00M
Free cash flow	$1.75B	$1.37B	$1.70B	$1.38B	$2.62B	$759.00M	$2.63B	$2.60B	$4.78B	$1.80B	$3.22B	$2.45B
Investing cash flow	-$914.00M	-$1.47B	-$2.08B	-$2.61B	-$2.13B	-$1.84B	-$1.23B	-$1.11B	-$2.00B	-$1.47B	-$2.69B	-$3.55B
Financing cash flow	$73.00M	$0	$476.00M	$726.00M	$757.00M	$465.00M	$613.00M	$444.00M	$1.38B	$473.00M	$630.00M	$2.71B
Share buybacks	$0	$0	$1.00M	$0	$0	—	—	$1.00M	$0	—	—	$0
Depreciation & amortization	$135.00M	$154.00M	$154.00M	$157.00M	$152.00M	$172.00M	$199.00M	$209.00M	$238.00M	$246.00M	$292.00M	$306.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.