stockrowMercadoLibre, Inc.
MELI Consumer Cyclical Internet Retail
MercadoLibre, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $28.9 billion, up 39.1% from fiscal 2024.
- Revenue
- +49.8%
- EPS
- −10.9%
- Free cash flow
- +22.5%
- Total debt
- +45.5%
Quarter to June 2026, against a year earlier
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MercadoLibre, Inc. (MELI) Gross margin
MercadoLibre, Inc.'s gross margin over the twelve months to 30 June 2026 was 42.7%, down 1.8 percentage points from fiscal 2025 (44.5%). Over the past ten years it has ranged from 42.5% (fiscal 2021) to 67.0% (fiscal 2015); the current reading is higher than 27% of that period. That is in line with the Internet Retail industry median of 44.1% and above the Consumer Cyclical sector median of 35.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 44.5% | (1.59) |
| FY2024 | 46.1% | (4.15) |
| FY2023 | 50.2% | 2.02 |
| FY2022 | 48.2% | 5.71 |
| FY2021 | 42.5% | (0.49) |
| FY2020 | 43.0% | (5.00) |
| FY2019 | 48.0% | (0.41) |
| FY2018 | 48.4% | (10.74) |
| FY2017 | 59.2% | (4.43) |
| FY2016 | 63.6% | (3.43) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 40.9% | (2.76) |
| Mar 2026 | 43.7% | 0.46 |
| Dec 2025 | 43.2% | (0.11) |
| Sep 2025 | 43.3% | (2.26) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| EBAY eBay Inc. compare | 72.2% |
| PDD PDD Holdings Inc. Sponsored ADR compare | 56.3% |
| DASH DoorDash, Inc. compare | 51.9% |
| SE Sea Limited Sponsored ADR compare | 44.3% |
| MELI MercadoLibre, Inc. | 42.7% |
| BABA Alibaba Group Holding Limited compare | 38.3% |
| W Wayfair Inc. compare | 30.1% |
| CPNG Coupang, Inc. compare | 27.4% |
| JD JD.com, Inc. compare | 16.6% |
| Internet Retail industry median | 44.1% |
| Consumer Cyclical sector median | 35.1% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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