MercadoLibre, Inc. (MELI) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	35.2B	28.9B	20.8B	15.1B	10.8B
Cost of Revenue	20.2B	16.0B	11.2B	7.5B	5.6B
Gross Profit	15.0B	12.9B	9.6B	7.6B	5.2B
Operating Expenses
R&D Expense	2.6B	2.3B	1.9B	1.8B	1.1B
SG&A Expense	1.6B	4.3B	3.2B	2.5B	2.0B
General & Admin Expense	1.2B	1.1B	963.0M	766.0M	661.0M
Selling & Marketing Expense	352.0M	3.2B	2.2B	1.7B	1.3B
Other Expenses	7.9B	3.1B	1.9B	1.1B	1.1B
Total Operating Expenses	12.1B	9.7B	6.9B	5.4B	4.1B
Cost and Expenses	32.3B	25.7B	18.1B	12.9B	9.7B
Operating Income (EBIT)	2.9B	3.2B	2.6B	2.2B	1.1B
Non-Operating
Interest Income	114.0M	138.0M	148.0M	135.0M	265.0M
Interest Expense	200.0M	148.0M	153.0M	176.0M	272.0M
Net Interest Income	(86.0M)	(10.0M)	(5.0M)	(41.0M)	(7.0M)
Other Non-Op Income/Expense	(697.0M)	(359.0M)	(199.0M)	(651.0M)	(289.0M)
Non-Operating Income (excl Interest)	497.0M	211.0M	34.0M	480.0M	154.0M
EBT (Pre-Tax Income)	2.2B	2.8B	2.4B	1.6B	780.0M
Income Tax Expense	312.0M	845.0M	521.0M	569.0M	298.0M
Bottom Line
Net Income	1.9B	2.0B	1.9B	987.0M	482.0M
Earnings from Cont. Ops	1.9B	2.0B	1.9B	987.0M	482.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	1.9B	2.0B	1.9B	993.0M	489.0M
Per Share
Basic EPS	$36.75	$39.39	$37.69	$19.64	$9.57
Diluted EPS	$36.75	$39.39	$37.69	$19.46	$9.53
Revenue Per Share	$693.96	$569.92	$409.83	$300.56	$214.12
Shares
Basic Shares Outstanding	50.7M	50.7M	50.7M	50.3M	50.3M
Diluted Shares Outstanding	50.7M	50.7M	50.7M	51.0M	51.3M
Profitability Metrics
EBITDA	3.1B	3.6B	3.2B	2.3B	1.3B
D&A	693.0M	571.0M	617.0M	524.0M	403.0M
EBIT	2.4B	3.0B	2.6B	1.7B	915.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026