MercadoLibre, Inc. (MELI) — Financial statements
Income statement, balance sheet, and cash flow for MercadoLibre, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 28,893↑39.1% | 20,777↑37.5% | 15,107↑40.1% | 10,780↑52.5% | 7,069 | |
| Cost of Revenue | 16,035↑43.2% | 11,200↑49.0% | 7,517↑34.7% | 5,582↑37.4% | 4,064 | |
| Gross Profit | 12,858↑34.3% | 9,577↑26.2% | 7,590↑46.0% | 5,198↑73.0% | 3,005 | |
| Operating Expenses | ||||||
| R&D Expenses | 2,269↑17.3% | 1,934↑5.6% | 1,831↑66.6% | 1,099↑86.3% | 590 | |
| General & Administrative Expenses | 1,078↑11.9% | 963↑25.7% | 766↑15.9% | 661↑42.2% | 465 | |
| Selling & Marketing Expenses | 6,310↑188.0% | 2,191↑26.2% | 1,736↑34.0% | 1,296↑20.7% | 1,074 | |
| SG&A Expenses | 7,388↑134.2% | 3,154↑26.1% | 2,502↑27.8% | 1,957↑27.2% | 1,539 | |
| Other Expenses | 0.00↓100.0% | 1,858↑77.0% | 1,050↓2.1% | 1,073↑146.7% | 435 | |
| Operating Expenses | 9,657↑39.0% | 6,946↑29.0% | 5,383↑30.4% | 4,129↑61.0% | 2,564 | |
| Total Costs & Expenses | 25,692↑41.6% | 18,146↑40.7% | 12,900↑32.8% | 9,711↑46.5% | 6,628 | |
| Operating Results | ||||||
| Operating Income | 3,201↑21.7% | 2,631↑19.2% | 2,207↑106.5% | 1,069↑142.4% | 441 | |
| Depreciation & Amortization | 571↓7.5% | 617↑17.7% | 524↑30.0% | 403↑97.5% | 204 | |
| EBITDA | 3,561↑10.8% | 3,214↑42.8% | 2,251↑70.8% | 1,318↑95.5% | 674 | |
| EBIT | 2,990↑15.1% | 2,597↑50.4% | 1,727↑88.7% | 915↑94.7% | 470 | |
| Interest & Other Income | ||||||
| Net Interest Income | -10↓100.0% | -5↑87.8% | -41↓485.7% | -7↑92.3% | -91 | |
| Interest Income | 138↓6.8% | 148↑9.6% | 135↓49.1% | 265↑92.1% | 138 | |
| Interest Expense | 148↓3.3% | 153↓13.1% | 176↓35.3% | 272↑18.9% | 229 | |
| Non-Operating Income | 211↑520.6% | 34↓92.9% | 480↑211.7% | 154↑631.0% | -29 | |
| Other Income / Expenses | -359↓80.4% | -199↑69.4% | -651↓125.3% | -289↓38.3% | -209 | |
| Income Before Tax | 2,842↑16.9% | 2,432↑56.3% | 1,556↑99.5% | 780↑236.2% | 232 | |
| Income Tax Expense | 845↑62.2% | 521↓8.4% | 569↑90.9% | 298↑100.0% | 149 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,997↑4.5% | 1,911↑93.6% | 987↑104.8% | 482↑480.7% | 83 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,997↑4.5% | 1,911↑93.6% | 987↑104.8% | 482↑480.7% | 83 | |
| Bottom-Line Net Income | 1,997↑4.5% | 1,911↑92.4% | 993↑103.1% | 489↑489.2% | 83 | |
| EPS (Basic) | 39.39↑4.5% | 37.69↑91.9% | 19.64↑105.2% | 9.57↑473.1% | 1.67 | |
| EPS (Diluted) | 39.39↑4.5% | 37.69↑93.7% | 19.46↑104.2% | 9.53↑470.7% | 1.67 | |
| Weighted Average Shares | 51↑0.0% | 51↑0.9% | 50↓0.2% | 50↑1.1% | 50 | |
| Weighted Average Diluted Shares | 51↑0.0% | 51↓0.6% | 51↓0.6% | 51↑3.1% | 50 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.