MELI · XBRL financial data
MercadoLibre financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (MELI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | 7,069 | 10,780 | 14,473 | 20,777 | 28,893 |
| Revenue from contracts with customers | 3,973 | 7,069 | 10,537 | 10,487 | 15,137 | 20,335 |
| Cost of goods and services sold | 2,264 | 4,064 | 5,374 | 7,267 | 11,200 | 16,035 |
| Gross profit | 1,709 | 3,005 | 5,163 | 7,206 | 9,577 | 12,858 |
| Research and development | 352 | 590 | 1,099 | 1,831 | 1,934 | 2,269 |
| General and administrative | 326 | 465 | 661 | 766 | 963 | 1,078 |
| Total operating expenses | 1,582 | 2,564 | 4,129 | 5,383 | 6,946 | 9,657 |
| Operating income (loss) | 128 | 441 | 1,034 | 1,823 | 2,631 | 3,201 |
| Interest income | 103 | 138 | 265 | 723 | 148 | 138 |
| Income tax expense (benefit) | 82 | 149 | 298 | 569 | 521 | 845 |
| Net income (loss) | (1) | 83 | 482 | 987 | 1,911 | 1,997 |
| Earnings per share, basic USD per share | (0.08) | 1.67 | 9.57 | 19.64 | 37.69 | 39.40 |
| Earnings per share, diluted USD per share | (0.08) | 1.67 | 9.53 | 19.46 | 37.69 | 39.40 |
| Weighted average shares, basic millions of shares | 50 | 50 | 50 | 50 | 51 | 51 |
| Weighted average shares, diluted millions of shares | 50 | 50 | 51 | 51 | 51 | 51 |
Balance sheet
CSVFiscal years (MELI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,856 | 2,585 | 1,910 | 2,556 | 2,635 | 3,670 |
| Short-term investments | 1,241 | 810 | 2,339 | 3,480 | 4,485 | 2,629 |
| Accounts receivable | 50 | 98 | 130 | 156 | 255 | 369 |
| Inventory | 118 | 253 | 152 | 238 | 296 | 570 |
| Total current assets | 5,347 | 8,175 | 10,953 | 14,294 | 20,142 | 33,573 |
| Property and equipment, net | 392 | 807 | 993 | 1,250 | 1,380 | 2,303 |
| Right-of-use asset | 303 | 461 | 656 | 899 | 1,098 | 2,201 |
| Goodwill | 85 | 148 | 153 | 163 | 149 | 163 |
| Total assets | 6,526 | 10,101 | 13,736 | 17,646 | 25,196 | 42,667 |
| Total current liabilities | 3,636 | 5,837 | 8,562 | 11,297 | 16,603 | 28,633 |
| Lease liability, non-current | 244 | 372 | 514 | 672 | 894 | 1,769 |
| Total liabilities | 4,875 | 8,569 | 11,909 | 14,575 | 20,845 | 35,919 |
| Retained earnings | 314 | 397 | 913 | 1,901 | 3,812 | 5,809 |
| Total stockholders' equity | 1,652 | 1,532 | 1,827 | 3,071 | 4,351 | 6,748 |
| Total liabilities and equity | 6,526 | 10,101 | 13,736 | 17,646 | 25,196 | 42,667 |
| Common shares outstanding (cover page) millions of shares | 50 | 50 | 50 | 51 | 51 | 51 |
Cash flows
CSVFiscal years (MELI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (1) | 83 | 482 | 987 | 1,911 | 1,997 |
| Net cash from operating activities | 1,183 | 965 | 2,940 | 5,140 | 7,918 | 12,116 |
| Purchases of property and equipment | 247 | 573 | 454 | 509 | — | — |
| Net cash from investing activities | (252) | (1,597) | (3,871) | (3,450) | (8,287) | (6,179) |
| Proceeds from issuing common stock | 0 | 1,520 | 0 | 0 | — | — |
| Proceeds from issuing equity | 1,966 | — | — | — | — | — |
| Share repurchases | 54 | 486 | 148 | 356 | 1 | 1 |
| Net cash from financing activities | 242 | 1,925 | 916 | (267) | 1,959 | 2,904 |
| Net change in cash | 1,057 | 1,140 | (285) | 485 | 851 | 8,838 |
Compare with peers
SIC 7389 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Mercadolibre | 3,649 | 10,169 | 3,662* | 50.7M | 10-QJun 30, 2026 |
| Accenture | 12,831 | 18,679 | 3,095* | not reported | 10-KAug 31, 2026 |
| Fiserv | 545 | 5,196 | 1,012* | 532.0M | 10-QSep 30, 2026 |
| DoorDash | 5,053 | 4,616 | 994* | not reported | 10-QSep 30, 2026 |
| Uber Technologies | 9,558 | 14,766 | 2,639* | 2.0B | 10-QSep 30, 2026 |
| PayPal Holdings | 7,160 | 8,584 | 1,592* | 830.7M | 10-QSep 30, 2026 |
| MSCI | 261 | 892 | 436* | 71.5M | 10-QSep 30, 2026 |
| Fidelity National Information Services | 740 | 3,454 | not reported | 515.5M | 10-QSep 30, 2026 |
| Fair Isaac | 248 | 674 | 380* | 21.6M | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
