Mercado Libre, Inc (MELI) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
MercadoLibre is the largest e-commerce marketplace in Latin America, with more than 120 million unique active buyers and 1 million active sellers at the end of 2025. The company is roughly split be...
Mercado Libre, Inc's revenue increased 39.1% year over year, from $20.78B to $28.89B.
Net income increased 4.5% over the same period, from $1.91B to $2.00B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 3322% in total.
Total debt increased by 71.8% to $7.29B.
The debt-to-equity ratio stands at 1.08, indicating a elevated leverage profile.
Operating cash flow grew 53.0% to $12.12B.
Mercado Libre, Inc maintains a moderate net profit margin of 6.9%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $5.31B+4.7% | $397.0M | $2.44B | $557.0M | $1.60B | $22.62B | $4.31B | $4.00B |
| Q4 FY2024 | $6.06B+14.1% | $639.0M | $2.75B | $820.0M | $2.92B | $25.20B | $4.24B | $4.35B |
| Q1 FY2025 | $5.93B-2.0% | $494.0M | $2.77B | $763.0M | $1.03B | $27.68B | $4.61B | $5.00B |
| Q2 FY2025 | $6.79B+14.4% | $523.0M | $3.09B | $825.0M | $2.92B | $32.95B | $5.49B | $5.71B |
| Q3 FY2025 | $7.41B+9.1% | $421.0M | $3.21B | $724.0M | $2.96B | $36.69B | $5.95B | $6.22B |
| Q4 FY2025 | $8.76B+18.2% | $559.0M | $3.78B | $889.0M | $5.21B | $42.67B | $7.29B | $6.75B |
| Q1 FY2026 | $8.85B+1.0% | $417.0M | $3.86B | $611.0M | $2.08B | $46.93B | $12.38B | $7.28B |
| Q2 FY2026 | $10.17B+15.0% | $466.0M | $4.16B | $683.0M | $3.66B | $51.36B | $13.21B | $7.83B |
Balance Sheet Summary (Q2 FY2026)
Mercado Libre, Inc (MELI) Financial Statements & Revenue History
Mercado Libre, Inc (MELI) is a US-listed stock operating in the Technology sector, specifically the Services-Business Services, Nec industry trading at $1829.16 with a market capitalization of $93. This page provides 42 historical financial statements for Mercado Libre, Inc, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Mercado Libre, Inc reported revenue of $28.9 billion, representing 39.1% year-over-year growth. The net profit margin of 6.9% indicates moderate profitability. The debt-to-equity ratio of 1.08 indicates elevated leverage.
MELI Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Mercado Libre, Inc's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether MELI is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track MELI's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Mercado Libre, Inc converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of MELI's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use MELI Financial Data
Investors use Mercado Libre, Inc's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare MELI's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how MELI's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View MELI's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Mercado Libre, Inc's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.MELI trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

