MELI
MercadoLibre Inc.
NASDAQ: MELI · CONSUMER CYCLICAL · INTERNET RETAIL
$1,767.02
-1.39% today
Updated 2026-04-29
Market cap
$94.35B
P/E ratio
47.17
P/S ratio
3.27x
EPS (TTM)
$39.45
Dividend yield
—
52W range
$1,593 – $2,645
Volume
0.5M
MercadoLibre Inc. (MELI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $52.06M | $85.13M | $137.02M | $172.84M | $216.72M | $298.93M | $373.60M | $472.60M | $556.54M | $651.79M | $844.40M | $1.22B | $1.44B | $2.30B | $3.97B | $7.07B | $10.78B | $15.11B | $20.78B | $28.89B |
| Revenue growth (YoY) | — | +63.5% | +61.0% | +26.1% | +25.4% | +37.9% | +25.0% | +26.5% | +17.8% | +17.1% | +29.6% | +44.1% | +18.3% | +59.5% | +73.1% | +77.9% | +52.5% | +40.1% | +37.5% | +39.1% |
| Cost of revenue | $12.09M | $18.27M | $27.54M | $35.96M | $46.55M | $72.06M | $98.09M | $130.08M | $158.98M | $214.99M | $307.54M | $496.94M | $742.64M | $1.19B | $2.27B | $4.06B | $5.58B | $7.52B | $11.20B | $16.04B |
| Gross profit | $39.97M | $66.85M | $109.49M | $136.89M | $170.17M | $226.88M | $275.52M | $342.52M | $397.56M | $436.80M | $536.86M | $719.60M | $697.01M | $1.10B | $1.71B | $3.00B | $5.20B | $7.59B | $9.58B | $12.86B |
| Gross margin | 76.8% | 78.5% | 79.9% | 79.2% | 78.5% | 75.9% | 73.7% | 72.5% | 71.4% | 67.0% | 63.6% | 59.2% | 48.4% | 48.0% | 43.0% | 42.5% | 48.2% | 50.2% | 46.1% | 44.5% |
| R&D | $3.07M | $4.37M | $7.31M | $12.14M | $15.86M | $23.35M | $28.63M | $40.89M | $53.60M | $76.42M | $98.48M | $127.16M | $146.27M | $223.81M | $353.00M | $590.00M | $1.10B | $1.83B | $1.93B | $2.27B |
| SG&A | $32.60M | $13.22M | $24.68M | $25.85M | $30.83M | $38.79M | $45.23M | $57.61M | $62.36M | $76.34M | $87.31M | $122.19M | $137.77M | $197.46M | $327.00M | $465.00M | $661.00M | $766.00M | $963.00M | $1.08B |
| Operating income | $5.40M | $21.66M | $37.52M | $56.03M | $74.60M | $99.77M | $129.66M | $153.54M | $120.47M | $139.20M | $181.06M | $56.27M | $-69.48M | $-153.16M | $128.00M | $441.00M | $1.07B | $2.21B | $2.63B | $3.20B |
| Operating margin | 10.4% | 25.4% | 27.4% | 32.4% | 34.4% | 33.4% | 34.7% | 32.5% | 21.6% | 21.4% | 21.4% | 4.6% | -4.8% | -6.7% | 3.2% | 6.2% | 9.9% | 14.6% | 12.7% | 11.1% |
| EBITDA | $7.41M | $19.47M | $41.22M | $59.96M | $84.39M | $119.37M | $150.32M | $177.34M | $150.40M | $194.09M | $239.96M | $121.46M | $36.59M | $31.95M | $293.00M | $674.00M | $1.32B | $2.25B | $3.21B | $3.56B |
| EBITDA margin | 14.2% | 22.9% | 30.1% | 34.7% | 38.9% | 39.9% | 40.2% | 37.5% | 27.0% | 29.8% | 28.4% | 10.0% | 2.5% | 1.4% | 7.4% | 9.5% | 12.2% | 14.9% | 15.5% | 12.3% |
| EBIT | $5.40M | $17.16M | $37.89M | $56.07M | $79.47M | $112.10M | $141.36M | $165.47M | $133.46M | $170.88M | $210.93M | $80.54M | $-9.20M | $-41.37M | $188.00M | $470.00M | $915.00M | $1.73B | $2.60B | $2.99B |
| Interest expense | $1.74M | $2.01M | $8.44M | $13.36M | $7.60M | $3.65M | $1.14M | $2.36M | $11.66M | $19.81M | $24.58M | $26.47M | $56.25M | $65.88M | $106.69M | $228.70M | $272.00M | $176.00M | $153.00M | $148.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.07M | $9.69M | $18.81M | $33.21M | $56.03M | $76.78M | $101.25M | $117.51M | $72.58M | $105.79M | $136.37M | $13.78M | $-36.59M | $-172.00M | $-1.00M | $83.00M | $482.00M | $987.00M | $1.91B | $2.00B |
| Net income growth (YoY) | — | +804.1% | +94.1% | +76.5% | +68.7% | +37.0% | +31.9% | +16.1% | -38.2% | +45.8% | +28.9% | -89.9% | -365.5% | -370.1% | +99.4% | +8400.0% | +480.7% | +104.8% | +93.6% | +4.5% |
| Profit margin | 2.1% | 11.4% | 13.7% | 19.2% | 25.9% | 25.7% | 27.1% | 24.9% | 13.0% | 16.2% | 16.1% | 1.1% | -2.5% | -7.5% | -0.0% | 1.2% | 4.5% | 6.5% | 9.2% | 6.9% |