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Stocks MELI

MercadoLibre MELI

US equityMarket cap rank #179
$1,768.91
−$30.33 (-1.69%)
Market open · Sep 24, 1:10 pm ET
After hours $1,799.94 +0.04%
Open$1,793.42
Prev close$1,799.24
Day range$1,765.16 – $1,805.92
Volume291.5K
Market cap$89.68B
P/E (TTM)48.1
Dividend yield

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$10.17B+49.8% YoY
Operating profit$683.00M-17.2% YoY
Net profit$466.00M-10.9% YoY
Diluted EPS$9.19-10.9% YoY
Free cash flow$3.22B+22.5% YoY
Operating cash flow$3.66B

Revenue, last 8 quarters

$5.3BSep '24$6.1BDec '24$5.9BMar '25$6.8BJun '25$7.4BSep '25$8.8BDec '25$8.8BMar '26$10.2BJun '26

Net profit, last 8 quarters

$397.0MSep '24$639.0MDec '24$494.0MMar '25$523.0MJun '25$421.0MSep '25$559.0MDec '25$417.0MMar '26$466.0MJun '26

Diluted EPS by quarter

7.83Sep '2412.61Dec '249.74Mar '2510.31Jun '258.32Sep '2511.03Dec '258.23Mar '269.19Jun '26

Free cash flow by quarter

$1.4BSep '24$2.6BDec '24$759.0MMar '25$2.6BJun '25$2.6BSep '25$4.8BDec '25$1.8BMar '26$3.2BJun '26

Annual revenue

$4.0BFY20$7.1BFY21$10.8BFY22$15.1BFY23$20.8BFY24$28.9BFY25

Profitability & balance sheet

Gross margin42.7%
Operating margin8.3%
Net margin5.3%
Return on equity27.5%
Return on assets4.4%
Return on invested capital10.8%
Current ratio1.12
Liabilities / assets84.7%
Cash & investments$5.53B
Total debt$12.61B
Net cash (debt)-$7.09B
Free cash flow / sales35.3%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Commerce Services$4.30B 42.3%
  • Credit revenues$2.28B 22.4%
  • Financial services and income$2.11B 20.8%
  • Commerce products sales$1.46B 14.4%
  • Fintech products sales$16.00M 0.2%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $10.17B $8.85B $28.89B $8.76B $7.41B
Total Operating Revenue $10.17B $8.85B $28.89B $8.76B $7.41B
Cost of Revenue $6.01B $4.98B $16.04B $4.98B $4.20B
Gross Profit $4.16B $3.86B $12.86B $3.78B $3.21B
Operating Expense $3.48B $3.25B $9.66B $2.90B $2.49B
Selling and Admin Expenses $1.47B $1.31B $4.30B $1.33B $1.10B
-Selling & Marketing Expense $1.13B $982.00M $3.22B $1.04B $833.00M
-General & Admin Expense $340.00M $326.00M $1.08B $292.00M $270.00M
Research & Development $729.00M $699.00M $2.27B $584.00M $567.00M
Asset Impairment Loss $1.28B $1.24B $3.09B $983.00M $815.00M
Operating Profit $683.00M $611.00M $3.20B $889.00M $724.00M
Net Non-Operating Interest Income (Expense) -$32.00M -$38.00M -$22.00M -$42.00M $14.00M
Non-Operating Interest Income $30.00M $27.00M $138.00M $8.00M $49.00M
Non-Operating Interest Expense $62.00M $65.00M $160.00M $50.00M $35.00M
Other Income (Expense) -$45.00M $6.00M -$337.00M -$63.00M -$102.00M
Gain on Sale of Security -$45.00M $6.00M -$337.00M -$63.00M -$102.00M
Pretax Profit $606.00M $579.00M $2.84B $784.00M $636.00M
Tax $140.00M $162.00M $845.00M $225.00M $215.00M
Net Profit $466.00M $417.00M $2.00B $559.00M $421.00M
Profit from Continuing Operations $466.00M $417.00M $2.00B $559.00M $421.00M
Net Income to Parent Company $466.00M $417.00M $2.00B $559.00M $421.00M
Net Income to Common Stockholders $466.00M $417.00M $2.00B $559.00M $421.00M
Basic EPS $9.19 $8.23 $39.40 $11.03 $8.32
Diluted EPS $9.19 $8.23 $39.40 $11.03 $8.32
Dividend Per Share $0.00 $0.00 $0.00 $0.00 $0.00
Earnings from Equity Interest Net of Tax $0.00

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $51.36B $46.93B $42.67B $42.67B $36.69B
Total Current Assets $40.78B $37.12B $33.57B $33.57B $28.80B
Cash and Cash Equivalents & Short-Term Investments $5.53B $5.46B $5.51B $5.51B $4.08B
-Cash and Cash Equivalents $3.65B $3.68B $3.67B $3.67B $2.58B
-Short Term Investments $1.88B $1.78B $1.84B $1.84B $1.50B
Receivables $20.18B $18.51B $16.59B $16.59B $14.76B
-Accounts Receivable $418.00M $370.00M $369.00M $369.00M $298.00M
-Loans Receivable $11.41B $10.17B $8.86B $8.86B $7.81B
-Other Receivables $8.35B $7.97B $6.94B $6.94B $6.65B
Inventory $822.00M $677.00M $570.00M $570.00M $532.00M
Restricted Cash $13.32B $11.66B $10.65B $10.65B $8.84B
Other Current Assets $937.00M $822.00M $88.00M $88.00M $593.00M
Total Non-Current Assets $10.57B $9.81B $9.09B $9.09B $7.90B
Net PPE $5.29B $4.82B $4.50B $4.50B $4.10B
-Gross PPE $7.76B $7.05B $5.93B $5.93B $5.95B
-Accumulated Depreciation -$2.48B -$2.23B -$1.42B -$1.42B -$1.85B
Investments and Advances $1.72B $1.69B $1.76B $1.76B $1.33B
-Available for Sale Securities $106.00M $103.00M $112.00M $112.00M $72.00M
-Held to Maturity Securities $1.61B $1.58B $1.64B $1.64B $1.26B
Non Current Accounts Receivables $170.00M $163.00M $395.00M $395.00M
Non-Current Note Receivables $584.00M $566.00M $510.00M $510.00M $382.00M
Goodwill and Other Intangible Assets $198.00M $198.00M $196.00M $196.00M $277.00M
-Goodwill $168.00M $165.00M $163.00M $163.00M $161.00M
-Other Intangible Assets $30.00M $33.00M $33.00M $33.00M $116.00M
Non-Current Deferred Assets $2.17B $1.89B $1.54B $1.54B $1.38B
Other Non-Current Assets $455.00M $492.00M $173.00M $173.00M $433.00M
Total Liabilities $43.52B $39.65B $35.92B $35.92B $30.47B
Total Current Liabilities $36.37B $31.97B $28.63B $28.63B $24.52B
Payables $28.82B $25.66B $23.17B $23.17B $19.29B
-Accounts Payable $5.74B $5.04B $4.50B $4.50B $4.05B
-Total Tax Payable $1.22B $1.30B $1.14B $1.14B $888.00M
-Other Payable $21.86B $19.33B $17.53B $17.53B $14.35B
Short-Term Debt and Capital Lease Obligation $7.00B $5.79B $5.05B $5.05B $4.83B
-Current Debt $6.43B $5.27B $4.58B $4.58B $4.39B
-Current Capital Lease Obligation $562.00M $520.00M $478.00M $478.00M $443.00M
Other Current Liabilities $558.00M $518.00M $240.00M $240.00M $399.00M
Total Non-Current Liabilities $7.15B $7.68B $7.29B $7.29B $5.95B
Long Term Accounts Payable and Other Payables $188.00M $190.00M $187.00M $187.00M $116.00M
Long Term Debt and Capital Lease Obligation $6.18B $6.56B $6.34B $6.34B $5.05B
-Long Term Debt $4.08B $4.54B $4.49B $4.49B $3.34B
-Long Term Capital Lease Obligation $2.10B $2.02B $1.85B $1.85B $1.71B
Non-Current Deferred Liabilities $312.00M $386.00M $517.00M $517.00M $341.00M
Other Non-Current Liabilities $469.00M $551.00M $51.00M $51.00M $449.00M
Total Equity $7.83B $7.28B $6.75B $6.75B $6.22B
Stockholders' Equity $7.83B $7.28B $6.75B $6.75B $6.22B
Capital Stock $0.00 $0.00 $0.00 $0.00 $0.00
-Common Stock $0.00 $0.00 $0.00 $0.00 $0.00
Additional Paid-In Capital $1.77B $1.77B $1.77B $1.77B $1.77B
Retained Earnings $6.69B $6.23B $5.81B $5.81B $5.25B
Less: Treasury Stock $313.00M $312.00M $312.00M $312.00M $312.00M
Gains/Losses Not Affecting Retained Earnings -$317.00M -$404.00M -$520.00M -$520.00M -$491.00M
-Taxes Receivable $424.00M $424.00M
Prepaid Assets $136.00M $136.00M
Financial Assets $19.00M $19.00M
Current Deferred Liabilities $169.00M $169.00M
Derivative Product Liabilities $5.00M $5.00M
Non-Current Liabilities $187.00M $187.00M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $3.66B $2.08B $12.12B $5.21B $2.96B
Net cash flow from continuing operations $3.66B $2.08B $12.12B $5.21B $2.96B
Net Income from Continuing Operations $466.00M $417.00M $2.00B $559.00M $421.00M
Gain/Loss from Continuing Operations $69.00M $125.00M $877.00M $484.00M $58.00M
Depreciation & Depletion & Amortization $292.00M $246.00M $818.00M $238.00M $209.00M
Deferred Tax -$345.00M -$261.00M -$469.00M -$159.00M -$156.00M
Other Non-Cash Items -$293.00M -$183.00M -$820.00M -$493.00M -$175.00M
Change in Working Capital $2.13B $380.00M $5.92B $3.38B $1.58B
-Change in Receivables -$648.00M -$887.00M -$1.51B -$405.00M -$46.00M
-Change in Inventory -$138.00M -$88.00M -$235.00M -$48.00M -$87.00M
-Change in Payables and Accrued Expense $3.26B $1.45B $8.42B $4.33B $1.62B
-Change in Other Current Assets -$81.00M -$98.00M -$491.00M -$257.00M $9.00M
-Change in Other Current Liabilities -$254.00M $5.00M -$263.00M -$243.00M $83.00M
Net cash flow from investing -$2.69B -$1.47B -$6.18B -$2.00B -$1.11B
Net Cash Flow from Continuing Investing Activities -$2.69B -$1.47B -$6.18B -$2.00B -$1.11B
Net PPE Purchase and Sale -$441.00M -$271.00M -$1.34B -$427.00M -$357.00M
Net Investment Purchase and Sale -$130.00M $749.00M $1.75B $424.00M $976.00M
Net Other Investing Changes -$2.12B -$1.95B -$6.66B -$2.07B -$1.73B
Financing Cash Flow $630.00M $473.00M $2.90B $1.38B $444.00M
Net Cash Flow from Continuing Financing Activities $630.00M $473.00M $2.90B $1.38B $444.00M
Net Issuance Payments Of Debt $631.00M $473.00M $2.91B $1.38B $445.00M
Ending Cash Balance $16.76B $15.14B $13.54B $13.54B $9.20B
Net Change in Cash $1.60B $1.08B $8.84B $4.59B $2.29B
Beginning Cash Balance $15.14B $13.54B $4.70B $9.20B $6.89B
Effect of Exchange Rate Changes $21.00M $527.00M -$3.00M -$252.00M $19.00M
Free Cash Flow $3.22B $1.80B $10.77B $4.78B $2.60B
Net Intangibles Purchase and Sale $75.00M
Net Business Purchase and Sale $0.00
Net Common Stock Issuance -$1.00M $0.00 -$1.00M
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