MercadoLibre, 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

1,739.14 76.98 +4.63%
Market cap
$84.3B
P/E
45.4×
Fwd P/E
42.6×
Dividend yield
—
F-score
5/9
Altman Z
2.96
Beneish M
−3.04
Dividend safety
n/a

MercadoLibre, Inc. (MELI) Net margin

Alert me on Net margin

MercadoLibre, Inc.'s net margin over the twelve months to 30 June 2026 was 5.30%, down 1.6 percentage points from fiscal 2025 (6.91%). Over the past ten years it has ranged from −7.88% (fiscal 2019) to 16.2% (fiscal 2015); the current reading is higher than 73% of that period. That is above the Internet Retail industry median of 0.56% and above the Consumer Cyclical sector median of 2.02%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 6.91% (2.29)
FY2024 9.20% 2.67
FY2023 6.53% 2.06
FY2022 4.47% 3.30
FY2021 1.17% 1.20
FY2020 −0.03% 7.85
FY2019 −7.88% (5.34)
FY2018 −2.54% (3.67)
FY2017 1.13% (15.02)
FY2016 16.2% (0.08)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 4.58% (0.13)
Mar 2026 4.71% (1.67)
Dec 2025 6.38% 0.70
Sep 2025 5.68% (2.02)
42 more quarters

Against its own ten years

Low −7.88% High 16.2%
Ten-year median 4.47%
Current reading's percentile 54

Net margin against peers

Company Net margin
PDD PDD Holdings Inc. Sponsored ADR compare 20.4%
EBAY eBay Inc. compare 16.9%
BABA Alibaba Group Holding Limited compare 7.09%
DASH DoorDash, Inc. compare 6.23%
SE Sea Limited Sponsored ADR compare 5.94%
MELI MercadoLibre, Inc. 5.30%
JD JD.com, Inc. compare 1.16%
W Wayfair Inc. compare −2.49%
CPNG Coupang, Inc. compare −3.77%
Internet Retail industry median 0.56%
Consumer Cyclical sector median 2.02%
Market median 1.22%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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