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Nasdaq · Industrials

MERCADOLIBRE INC (MELI)

As-reported financials and SEC filings for MERCADOLIBRE INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About MERCADOLIBRE INC

MercadoLibre Inc operates an online commerce and fintech ecosystem in Latin America, serving consumers and merchants across 18 countries. Its main services include the Mercado Libre Marketplace for buying and selling a wide range of products, Mercado Pago for digital payments and financial services, Mercado Envios for logistics and delivery, and Mercado Ads for advertising. The company also offers credit, insurance, savings, investment products, and cryptocurrency trading through its fintech platform.

Snapshot

Revenue
$20.34B
Revenue growth (YoY)
34.3%
Net income
$2.00B
Diluted EPS
$39.40
Gross margin
21.1%
Operating margin
15.7%
Net margin
9.8%
FCF margin
53.0%
ROE
29.6%
net income / fiscal-year-end equity
P/E
52.6×
trailing when available, otherwise FY EPS
Market cap
$99.54B
Long-term debt / equity
0.68×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Mercadolibre

  • Revenue grew 34.3% to $20.3B in FY2025, faster than the 0.2% the year before.
  • Operating margin is 15.7% in FY2025, +9.5 pp against 6.2% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $7.1B, up 46.9% from Q2 FY2025.
  • Free cash flow was $10.8B in FY2025, 53.0% of revenue.
  • Net income rose 4.5% to $2.0B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Mercadolibre’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin21.1%
34th percentile of 466
Operating margin15.7%
80th percentile of 605
Net margin9.8%
74th percentile of 645
FCF margin53.0%
99th percentile of 562
Revenue growth (YoY)+34.3%
91st percentile of 668
ROE29.6%
92nd percentile of 600
P/E52.6×
88th percentile of 434
Long-term debt / equity0.68×
65th percentile of 409
Short interest1.60d
25th percentile of 676

Mercadolibre’s FCF margin of 53.0% ranks in the 99th percentile of the 562 Industrials companies reporting it. Mercadolibre’s return on equity of 29.6% ranks in the 92nd percentile of the 600 Industrials companies reporting it. Mercadolibre’s revenue growth of +34.3% ranks in the 91st percentile of the 668 Industrials companies reporting it.

1 reported insider purchase (code P) totaling $200,000 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 7 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
7
+6 quant / multi-strat
Initiated / added
6
0 new, 6 added
Reduced / exited
9
6 trimmed, 3 exited
Combined position
$1.85B
reported long value
InvestorAs ofPosition valueSharesChange
Sands Capital ManagementQ2 2026$642.0M378.2KReduced
Two Sigma InvestmentsquantQ2 2026$317.8M187.3KAdded
Tiger Global ManagementQ2 2026$259.9M153.1KAdded
Renaissance TechnologiesquantQ2 2026$197.7M116.5KReduced
AQR Capital ManagementquantQ2 2026$133.5M79.4KAdded
Millennium ManagementquantQ2 2026$63.1M37.1KAdded
Citadel AdvisorsquantQ2 2026$62.1M36.6KAdded
Polen Capital ManagementQ2 2026$44.0M25.9KReduced
Markel GroupQ2 2026$40.7M24.0KAdded
ARK Investment ManagementQ2 2026$37.4M22.0KReduced
D. E. ShawquantQ2 2026$34.3M20.2KReduced
Bridgewater AssociatesQ2 2026$17.0M10.0KReduced
Dodge & CoxQ2 2026$3.4M2.0KHeld

No longer held by: Duquesne Family Office (as of Q2 2026), Maverick Capital (as of Q2 2026), Scion Asset Management (as of Q3 2025)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$200K
code P value
Sells (90d)
0
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-11
filed 2026-06-15
Melamud MarceloSVP - Chief Accounting OfficerBuy125$1604.62$200K
2026-05-22
filed 2026-05-26
Aguzin Alejandro NicolasDirectorBuy505$1656.10$836K
2026-05-22
filed 2026-05-26
Aguzin Alejandro NicolasDirectorBuy95$1655.01$157K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
885.7K
settled 2026-08-14
Change vs prior
+9.4%
vs previous settlement
Days to cover
1.60
at avg daily volume
Avg daily volume
551.9K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14885.7K+9.4%1.60
2026-07-31809.3K-16.3%2.53
2026-07-15966.8K-3.5%2.43
2026-06-301.0M+6.3%2.10
2026-06-15942.6K-14.6%1.81
2026-05-291.1M+6.4%2.02
2026-05-151.0M+16.0%1.11
2026-04-30894.3K-12.5%2.65

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$20.34B$15.14B$15.11B$10.78B$7.07B
Gross profit$4.30B$3.94B$7.59B$5.20B$3.00B
Operating income$3.20B$2.63B$2.21B$1.07B$441.0M
Net income$2.00B$1.91B$987.0M$482.0M$83.0M
Diluted EPS$39.40$37.69$19.46$9.53$1.67

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$12.12B$7.92B$5.14B$2.94B$965.0M
Capital expenditure$1.34B$860.0M$509.0M$455.0M$573.0M
Free cash flow$10.77B$7.06B$4.63B$2.48B$392.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$7.05B46.9%$466.0M$9.19
Q1 FY2026$6.07B44.7%$417.0M$8.23
Q4 FY2025$6.14B38.3%$559.0M$11.03
Q3 FY2025$5.21B33.6%$421.0M$8.32
Q2 FY2025$4.80B27.6%$523.0M$10.31
Q1 FY2025$4.19B35.2%$494.0M$9.74
Q4 FY2024$4.44B0.6%$639.0M$12.60
Q3 FY2024$3.90B43.8%$397.0M$7.83

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorIndustrials
SIC industryServices-Business Services, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2007
SEC CIK1099590

Selected SEC filings

10-K2026-02-25
View on EDGAR →
10-K2025-02-21
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-08
View on EDGAR →
10-Q2025-10-30
View on EDGAR →
10-Q2025-08-05
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-06-12
View on EDGAR →

Largest Industrials peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.