
MercadoLibre, Inc.
NASDAQ•MELI
CEO: Mr. Marcos Eduardo Galperín
Sector: Consumer Cyclical
Industry: Specialty Retail
Listing Date: 2007-08-10
MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the web; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. The company was incorporated in 1999 and is headquartered in Montevideo, Uruguay.
Contact Information
WTC Free Zone, Dr. Luis Bonavita 1294, Of. 1733 Tower II, Montevideo, 11300, Uruguay
598-2-927-2770
Market Cap
$105.12B
P/E (TTM)
52.5
34.6
Dividend Yield
--
52W High
$2.65K
52W Low
$1.72K
52W Range
Rank44Top 53.8%
3.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$7.41B+39.48%
4-Quarter Trend
EPS
$8.30+6.00%
4-Quarter Trend
FCF
$2.46B+78.94%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Revenue Growth Strong Net revenues $20.13B USD, up 36.8% for nine months ended September 30, 2025, driven by Commerce and Fintech growth.
Fintech Revenue Surges Fintech revenues reached $8.82B USD, marking a strong 44.2% growth rate for the nine-month period comparison.
Operating Cash Flow Up Operating cash flow provided $6.91B USD, increasing 38.3% compared to the prior nine-month period results.
Argentina Segment Leads Argentina segment net revenues grew 129.7% in local currency for nine months, significantly outpacing other regions.
Risk Factors
Doubtful Accounts Increase Provision for doubtful accounts rose $777M to $2.11B USD, driven by 59% growth in credit originations.
Gross Margin Compression Gross profit margin compressed to 45.1% due to lower free shipping thresholds in Brazil and rising fintech funding costs.
Argentine Tax Claim Provision Recorded $501M provision for IRRF tax claim in Brazil; risk of losing the case deemed probable by counsel.
LTRP Equity Price Risk Total contractual LTRP Variable Payment obligation fair value is $866M, highly sensitive to fluctuations in MercadoLibre stock price.
Outlook
Investments in Technology Continued investment planned in technology and logistics network capacity to maintain leadership in Latin American e-commerce.
Argentina Banking License Actively addressing inquiries regarding pending banking license application filed by Meli Participaciones with the Argentine CBA.
Digital Asset Migration Complete Successfully migrated Meli Dólar business operations from Uruguay to Bermuda under the new regulatory framework structure.
Sufficient Liquidity Position Existing cash and short-term investments are deemed sufficient to fund operating activities and planned capital expenditures.
Peer Comparison
Revenue (TTM)
JD$180.81B
LOW$84.26B
NKE$46.51B
Gross Margin (Latest Quarter)
EBAY70.9%
ORLY51.9%
RCL51.8%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| LOW | $153.84B | 22.3 | -55.0% | 83.6% |
| MELI | $105.12B | 52.5 | 39.0% | 26.9% |
| SBUX | $102.98B | 55.3 | -24.0% | 83.1% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
6.9%
Steady Growth
4Q Net Income CAGR
-13.0%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Feb 19, 2026
EPS:$11.66
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Oct 30, 2025|Revenue: $7.41B+39.5%|EPS: $8.30+6.0%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 5, 2025|Revenue: $6.79B+33.8%|EPS: $10.32-1.4%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 8, 2025|Revenue: $5.94B+37.0%|EPS: $9.74+43.4%BeatForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 21, 2025|Revenue: $20.78B+37.5%|EPS: $37.69+91.9%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 7, 2024|Revenue: $5.31B+35.3%|EPS: $7.83+9.1%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 2, 2024|Revenue: $5.07B+41.5%|EPS: $10.47+100.6%BeatForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 3, 2024|Revenue: $4.33B+36.0%|EPS: $6.79+69.8%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 23, 2024|Revenue: $15.11B+40.1%|EPS: $19.64+105.2%Miss