MercadoLibre, Inc. logo

MercadoLibre, Inc.

MELI

NASDAQConsumer CyclicalSpecialty Retail

Latest quote

$1,948.1

+$30.86 · +1.61%

Aug 24, 10:10 AM ET

MELI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

87

Deep Value

Momentum

55

Neutral

Sentiment

65

Bullish

Risk resilience

60

Moderate Risk

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Company profile

Company website

MercadoLibre, Inc. operates as a prominent provider of digital commerce platforms throughout Latin America. Its primary service, the Mercado Libre Marketplace, is an automated online system allowing businesses, independent vendors, and private individuals to list merchandise and finalize sales. Supporting this, the Mercado Pago FinTech platform offers a financial technology solution, facilitating transactions both on and off its e-commerce sites by enabling users to securely send and receive online payments and transfer funds via web and mobile applications. The company further expands its financial offerings through Mercado Fondo, a service that permits users to invest balances held in their Mercado Pago accounts, and Mercado Credito, which extends credit options to qualified merchants and consumers. For logistics, Mercado Envios provides a comprehensive solution, empowering sellers on its platform to utilize third-party delivery services and other logistical partners, including warehousing and fulfillment capabilities. Beyond these core services, MercadoLibre also runs Mercado Libre Classifieds, an online classifieds platform for motor vehicles, real estate, and professional services. Mercado Libre Ads serves as an advertising platform, assisting major retailers and brands in promoting their products and services across the internet. Lastly, Mercado Shops offers a solution for users to establish, manage, and market their personalized online storefronts. Founded in 1999, MercadoLibre, Inc. is headquartered in Montevideo, Uruguay.

Industry
Specialty Retail
Sector
Consumer Cyclical
Headquarters
UY
CEO
Ariel Szarfsztejn
Listed since
Aug 10, 2007
Employees
123,670

Market position

Volume
57K
0.11× average
Average volume
508.97K
Average daily volume
Market cap
99.04B USD
Beta
1.31
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
53.16×
P/B (TTM)
12.64×
P/S (TTM)
2.82×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
42.68%
Operating margin
8.26%
Net margin
5.30%

Financial health

Debt / equity
1.68×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends55%36%16%-4%Gross margin, FY2021: 42.51%Gross margin, FY2022: 48.22%Gross margin, FY2023: 50.24%Gross margin, FY2024: 46.09%Gross margin, FY2025: 44.50%Operating margin, FY2021: 6.24%Operating margin, FY2022: 9.92%Operating margin, FY2023: 14.61%Operating margin, FY2024: 12.66%Operating margin, FY2025: 11.08%Net margin, FY2021: 1.17%Net margin, FY2022: 4.47%Net margin, FY2023: 6.53%Net margin, FY2024: 9.20%Net margin, FY2025: 6.91%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 42.51%. Gross margin FY2022 48.22%. Gross margin FY2023 50.24%. Gross margin FY2024 46.09%. Gross margin FY2025 44.50%. Operating margin FY2021 6.24%. Operating margin FY2022 9.92%. Operating margin FY2023 14.61%. Operating margin FY2024 12.66%. Operating margin FY2025 11.08%. Net margin FY2021 1.17%. Net margin FY2022 4.47%. Net margin FY2023 6.53%. Net margin FY2024 9.20%. Net margin FY2025 6.91%.

Income trends

Revenue

28.89B USD+39.06%

Operating income

3.2B USD+21.66%

Net income

2B USD+4.50%
Income trends across reported periods31.77B USD20.25B USD8.73B USD−2.8B USDRevenue, FY2021: 7.07B USDRevenue, FY2022: 10.78B USDRevenue, FY2023: 15.11B USDRevenue, FY2024: 20.78B USDRevenue, FY2025: 28.89B USDOperating income, FY2021: 441M USDOperating income, FY2022: 1.07B USDOperating income, FY2023: 2.21B USDOperating income, FY2024: 2.63B USDOperating income, FY2025: 3.2B USDNet income, FY2021: 83M USDNet income, FY2022: 482M USDNet income, FY2023: 987M USDNet income, FY2024: 1.91B USDNet income, FY2025: 2B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 7.07B USD. Revenue FY2022 10.78B USD. Revenue FY2023 15.11B USD. Revenue FY2024 20.78B USD. Revenue FY2025 28.89B USD. Operating income FY2021 441M USD. Operating income FY2022 1.07B USD. Operating income FY2023 2.21B USD. Operating income FY2024 2.63B USD. Operating income FY2025 3.2B USD. Net income FY2021 83M USD. Net income FY2022 482M USD. Net income FY2023 987M USD. Net income FY2024 1.91B USD. Net income FY2025 2B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue28.89B USD20.78B USD15.11B USD10.78B USD7.07B USD
Cost of goods sold16.04B USD11.2B USD7.52B USD5.58B USD4.06B USD
Gross profit12.86B USD9.58B USD7.59B USD5.2B USD3.01B USD
Research and development2.27B USD1.93B USD1.83B USD1.1B USD590M USD
Selling, general, and administrative4.3B USD3.15B USD2.5B USD1.96B USD1.54B USD
Operating expenses9.66B USD6.95B USD5.38B USD4.13B USD2.56B USD
Interest income138M USD148M USD135M USD265M USD137.96M USD
Interest expense148M USD153M USD176M USD272M USD228.7M USD
Depreciation and amortization571M USD617M USD524M USD403M USD204M USD
Operating income3.2B USD2.63B USD2.21B USD1.07B USD441M USD
Net income2B USD1.91B USD987M USD482M USD83M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-2.27%
11 comparable reports
Latest EPS result
9.19
Estimate 8.65 · Beat by 6.24%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates13.1111.329.527.73Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 12.61, estimate 10.21, surprise +23.51%, Beat. Q2 2025, reported May 7, 2025: actual 9.74, estimate 8.27, surprise +17.78%, Beat. Q3 2025, reported Aug 4, 2025: actual 10.31, estimate 11.93, surprise -13.58%, Miss. Q4 2025, reported Oct 29, 2025: actual 8.32, estimate 9.12, surprise -8.77%, Miss. Q1 2026, reported Feb 24, 2026: actual 11.03, estimate 11.45, surprise -3.67%, Miss. Q2 2026, reported May 7, 2026: actual 8.23, estimate 8.75, surprise -5.94%, Miss. Q3 2026, reported Aug 5, 2026: actual 9.19, estimate 8.65, surprise +6.24%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 9.42, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates10.99B9.01B7.04B5.06BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 6.06B USD, estimate 5.82B USD, surprise +4.07%, Beat. Q2 2025, reported May 7, 2025: actual 5.94B USD, estimate 5.49B USD, surprise +8.17%, Beat. Q3 2025, reported Aug 4, 2025: actual 6.79B USD, estimate 6.67B USD, surprise +1.73%, Beat. Q4 2025, reported Oct 29, 2025: actual 7.41B USD, estimate 7.22B USD, surprise +2.66%, Beat. Q1 2026, reported Feb 24, 2026: actual 8.76B USD, estimate 8.45B USD, surprise +3.66%, Beat. Q2 2026, reported May 7, 2026: actual 8.85B USD, estimate 8.29B USD, surprise +6.67%, Beat. Q3 2026, reported Aug 5, 2026: actual 10.2B USD, estimate 9.79B USD, surprise +4.14%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 10.57B USD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.60

2017 complete year+4.9% since 2013

Corporate action history

Dividend

Ex-dividend Dec 28, 2017

$0.15

Quarterly

Record Dec 31, 2017 · Payment Jan 16, 2018

Dividend

Ex-dividend Sep 28, 2017

$0.15

Quarterly

Record Sep 30, 2017 · Payment Oct 16, 2017

Dividend

Ex-dividend Jun 28, 2017

$0.15

Quarterly

Record Jun 30, 2017 · Payment Jul 17, 2017

Dividend

Ex-dividend Mar 29, 2017

$0.15

Quarterly

Record Mar 31, 2017 · Payment Apr 17, 2017

Dividend

Ex-dividend Dec 28, 2016

$0.15

Quarterly

Record Dec 31, 2016 · Payment Jan 16, 2017

Dividend

Ex-dividend Sep 28, 2016

$0.15

Quarterly

Record Sep 30, 2016 · Payment Oct 14, 2016

MELI peers

ETFs holding MELI

Funds reporting this stock among their holdings, ordered by reported position size.

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