MercadoLibre Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), MercadoLibre Inc. reported revenue of $28.9B (+39.1% year on year) and net income of $2.8B (+16.9% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net revenues and financial income | $28.9B | $20.8B | $14.5B | — |
| Cost of net revenues and financial expenses | ($16.0B) | ($11.2B) | ($7.3B) | ($5.4B) |
| Gross profit | $12.9B | $9.6B | $7.2B | $5.2B |
| Product and technology development | ($2.3B) | ($1.9B) | ($1.8B) | ($1.1B) |
| Sales and marketing | ($3.2B) | ($2.2B) | ($1.7B) | ($1.3B) |
| Provision for doubtful accounts | ($3.1B) | ($1.9B) | ($1.1B) | ($1.1B) |
| General and administrative | ($1.1B) | ($963.0M) | ($766.0M) | ($661.0M) |
| Total operating expenses | ($9.7B) | ($6.9B) | ($5.4B) | ($4.1B) |
| Income from operations | $3.2B | $2.6B | $1.8B | $1.0B |
| Interest income and other financial gains, net | $138.0M | $148.0M | $723.0M | $265.0M |
| Interest expense and other financial losses | ($160.0M) | ($165.0M) | ($378.0M) | ($321.0M) |
| Foreign currency losses, net | ($337.0M) | ($182.0M) | ($615.0M) | ($198.0M) |
| Net income before income tax expense and equity in earnings of unconsolidated entity | $2.8B | $2.4B | $1.6B | $780.0M |
| Income tax expense | ($845.0M) | ($521.0M) | ($569.0M) | ($298.0M) |
| Equity in earnings of unconsolidated entity | $0 | $0 | $3.0M | $0 |
| Net income | $2.0B | $1.9B | $987.0M | $482.0M |
| Basic net income available to shareholders per common share (in dollars per share) | $39.40 | $37.69 | $19.64 | $9.57 |
| Weighted average of outstanding common shares (in shares) | 50.7M | 50.7M | 50.3M | 50.3M |
| Diluted net income available to shareholders per common share (in dollars per share) | $39.40 | $37.69 | $19.46 | $9.53 |
| Weighted average of outstanding common shares (in shares) | 50.7M | 50.7M | 51.0M | 51.3M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Net revenues and financial income | $10.2B | $8.8B | $7.4B | $6.8B |
| Cost of net revenues and financial expenses | ($6.0B) | ($5.0B) | ($4.2B) | ($3.7B) |
| Gross profit | $4.2B | $3.9B | $3.2B | $3.1B |
| Product and technology development | ($729.0M) | ($699.0M) | ($567.0M) | ($567.0M) |
| Sales and marketing | ($1.1B) | ($982.0M) | ($833.0M) | ($751.0M) |
| Provision for doubtful accounts | ($1.3B) | ($1.2B) | ($815.0M) | ($690.0M) |
| General and administrative | ($340.0M) | ($326.0M) | ($270.0M) | ($261.0M) |
| Total operating expenses | ($3.5B) | ($3.3B) | ($2.5B) | ($2.3B) |
| Income from operations | $683.0M | $611.0M | $724.0M | $825.0M |
| Interest income and other financial gains, net | $30.0M | $27.0M | $49.0M | $44.0M |
| Interest expense and other financial losses | ($62.0M) | ($65.0M) | ($35.0M) | ($36.0M) |
| Foreign currency losses, net | ($45.0M) | $6.0M | — | — |
| Net income before income tax expense | $606.0M | $579.0M | $636.0M | $716.0M |
| Income tax expense | ($140.0M) | ($162.0M) | ($215.0M) | ($193.0M) |
| Net income | $466.0M | $417.0M | $421.0M | $523.0M |
| Basic net income available to shareholders per common share (in dollars per share) | $9.19 | $8.23 | $8.32 | $10.31 |
| Weighted average of outstanding common shares (in shares) | 50.7M | 50.7M | 50.7M | 50.7M |
| Diluted net income available to shareholders per common share (in dollars per share) | $9.19 | $8.23 | $8.32 | $10.31 |
| Weighted average of outstanding common shares (in shares) | 50.7M | 50.7M | 50.7M | 50.7M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $3.7B | $2.6B | $2.6B | $1.9B |
| Restricted cash and cash equivalents | $9.9B | $2.1B | $1.3B | $1.5B |
| Short-term investments | $2.6B | $4.5B | $3.5B | $2.3B |
| Accounts receivable, net | $369.0M | $255.0M | $156.0M | $130.0M |
| Credit card receivables and other means of payments, net | $6.9B | $5.3B | $3.6B | $2.9B |
| Loans receivable, net of allowances of $3,057 and $1,630 (Note 5) | $8.9B | $4.7B | — | $1.7B |
| Inventories | $570.0M | $296.0M | $238.0M | $152.0M |
| Other assets | $720.0M | $403.0M | $277.0M | $266.0M |
| Total current assets | $33.6B | $20.1B | $14.3B | $11.0B |
| Long-term investments | $1.8B | $1.2B | $162.0M | $322.0M |
| Credit card receivables and other means of payments, net | $153.0M | — | — | — |
| Loans receivable, net of allowances of $86 and $48 (Note 5) | $510.0M | $179.0M | — | $32.0M |
| Property and equipment, net | $2.3B | $1.4B | $1.3B | $993.0M |
| Operating lease right-of-use assets | $2.2B | $1.1B | $899.0M | $656.0M |
| Goodwill | $163.0M | $149.0M | $163.0M | $153.0M |
| Intangible assets, net | $33.0M | $12.0M | $11.0M | $25.0M |
| Intangible assets at fair value | $0 | $49.0M | $24.0M | — |
| Deferred tax assets | $1.5B | $802.0M | $710.0M | $346.0M |
| Other assets | $426.0M | $182.0M | $68.0M | $256.0M |
| Total non-current assets | $9.1B | $5.1B | $3.4B | $2.8B |
| Total assets | $42.7B | $25.2B | $17.6B | $13.7B |
| Accounts payable and accrued expenses | $4.5B | $3.2B | $2.1B | $1.4B |
| Funds payable to customers | $13.0B | $7.0B | $4.5B | $3.5B |
| Amounts payable due to credit and debit card transactions | $3.6B | $1.9B | $1.1B | $483.0M |
| Salaries and social security payable | $916.0M | $727.0M | $545.0M | $401.0M |
| Taxes payable | $1.1B | $525.0M | $477.0M | $414.0M |
| Loans payable and other financial liabilities | $4.6B | $2.8B | $2.3B | $2.1B |
| Operating lease liabilities | $430.0M | $241.0M | $166.0M | $142.0M |
| Other liabilities | $409.0M | $209.0M | $119.0M | $129.0M |
| Total current liabilities | $28.6B | $16.6B | $11.3B | $8.6B |
| Amounts payable due to credit and debit card transactions | $187.0M | $41.0M | $20.0M | $5.0M |
| Loans payable and other financial liabilities | $4.6B | $2.9B | $2.2B | $2.6B |
| Operating lease liabilities | $1.8B | $894.0M | $672.0M | $514.0M |
| Deferred tax liabilities | $372.0M | $204.0M | $183.0M | $106.0M |
| Other liabilities | $388.0M | $216.0M | $200.0M | $95.0M |
| Total non-current liabilities | $7.3B | $4.2B | $3.3B | $3.3B |
| Total liabilities | $35.9B | $20.8B | $14.6B | $11.9B |
| Common stock, 0.001 par value, $110,000,000 shares authorized, $50,697,182 and $50,697,375 shares issued and outstanding | 0 | 0 | 0 | 0 |
| Additional paid-in capital | $1.8B | $1.8B | $1.8B | $2.3B |
| Treasury stock, 225,931 and 225,474 shares | -312.0M | -311.0M | -310.0M | — |
| Retained earnings | $5.8B | $3.8B | $1.9B | $913.0M |
| Accumulated other comprehensive loss | ($520.0M) | ($920.0M) | ($290.0M) | ($464.0M) |
| Total equity | $6.7B | $4.4B | $3.1B | $1.8B |
| Total liabilities and equity | $42.7B | $25.2B | $17.6B | $13.7B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $3.6B | $3.7B | $2.6B | $3.0B |
| Restricted cash and cash equivalents | $13.1B | $11.5B | $6.6B | $3.9B |
| Short-term investments | $2.1B | $2.0B | $3.7B | $4.6B |
| Accounts receivable, net | $418.0M | $370.0M | $298.0M | $313.0M |
| Credit card receivables and other means of payments, net | $8.3B | $8.0B | $6.6B | $6.6B |
| Loans receivable, net of allowances of $4,251 and $3,057 | $11.4B | $10.2B | $7.8B | $6.6B |
| Inventories | $822.0M | $677.0M | $532.0M | $434.0M |
| Other assets | $937.0M | $822.0M | $593.0M | $634.0M |
| Total current assets | $40.8B | $37.1B | $28.8B | $26.1B |
| Long-term investments | $1.7B | $1.7B | $1.3B | $1.4B |
| Credit card receivables and other means of payments, net | $170.0M | $163.0M | — | — |
| Loans receivable, net of allowances of $128 and $86 | $584.0M | $566.0M | $382.0M | $277.0M |
| Property and equipment, net | $2.7B | $2.4B | $2.1B | $1.8B |
| Operating lease right-of-use assets | $2.6B | $2.4B | $2.0B | $1.7B |
| Goodwill | $168.0M | $165.0M | $161.0M | $160.0M |
| Intangible assets, net | $30.0M | $33.0M | $38.0M | $39.0M |
| Deferred tax assets | $2.2B | $1.9B | $1.4B | $1.1B |
| Other assets | $455.0M | $483.0M | $425.0M | $351.0M |
| Total non-current assets | $10.6B | $9.8B | $7.9B | $6.9B |
| Total assets | $51.4B | $46.9B | $36.7B | $32.9B |
| Accounts payable and accrued expenses | $5.7B | $5.0B | $4.1B | $3.9B |
| Funds payable to customers | $16.0B | $14.1B | $10.6B | $9.4B |
| Amounts payable due to credit and debit card transactions | $5.0B | $4.3B | $2.9B | $2.6B |
| Salaries and social security payable | $830.0M | $878.0M | $840.0M | $670.0M |
| Taxes payable | $1.2B | $1.3B | $888.0M | $766.0M |
| Loans payable and other financial liabilities | $6.5B | $5.3B | $4.4B | $3.8B |
| Operating lease liabilities | $513.0M | $472.0M | $401.0M | $344.0M |
| Other liabilities | $558.0M | $518.0M | $399.0M | $342.0M |
| Total current liabilities | $36.4B | $32.0B | $24.5B | $21.8B |
| Amounts payable due to credit and debit card transactions | $188.0M | $190.0M | $116.0M | $75.0M |
| Loans payable and other financial liabilities | $4.1B | $4.6B | $3.4B | $3.5B |
| Operating lease liabilities | $2.0B | $1.9B | $1.6B | $1.3B |
| Deferred tax liabilities | $312.0M | $386.0M | $341.0M | $293.0M |
| Other liabilities | $469.0M | $551.0M | $449.0M | $300.0M |
| Total non-current liabilities | $7.2B | $7.7B | $6.0B | $5.5B |
| Total liabilities | $43.5B | $39.7B | $30.5B | $27.2B |
| Common stock, $0.001 par value, 110,000,000 shares authorized, 50,696,802 and 50,697,182 shares issued and outstanding | 0 | 0 | 0 | 0 |
| Additional paid-in capital | $1.8B | $1.8B | $1.8B | $1.8B |
| Treasury stock, 226,593 and 225,931 shares | -313.0M | -312.0M | -312.0M | -311.0M |
| Retained earnings | $6.7B | $6.2B | $5.3B | $4.8B |
| Accumulated other comprehensive loss | ($317.0M) | ($404.0M) | ($491.0M) | ($575.0M) |
| Total equity | $7.8B | $7.3B | $6.2B | $5.7B |
| Total liabilities and equity | $51.4B | $46.9B | $36.7B | $32.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $2.0B | $1.9B | $987.0M | $482.0M |
| Impairment of equity securities held at cost | $19.0M | — | — | — |
| Equity in earnings of unconsolidated entity | $0 | $0 | ($3.0M) | $0 |
| Unrealized foreign currency losses, net | $457.0M | $286.0M | $487.0M | $411.0M |
| Depreciation and amortization | $818.0M | $617.0M | $524.0M | $403.0M |
| Accrued interest, financial income and other revenues | ($1.2B) | — | — | — |
| Non cash interest expense and amortization of debt issuance costs and other charges | $396.0M | $114.0M | $124.0M | $137.0M |
| Provision for doubtful accounts | $3.1B | $1.9B | $1.1B | $1.1B |
| Provision for contingencies | $106.0M | $176.0M | $324.0M | — |
| Results on derivative instruments | $117.0M | ($42.0M) | $39.0M | $66.0M |
| Results on digital assets at fair value | ($10.0M) | ($25.0M) | ($14.0M) | — |
| Long term retention program (“LTRP”) accrued compensation | $303.0M | $261.0M | $167.0M | $84.0M |
| Deferred income taxes | ($469.0M) | ($243.0M) | ($284.0M) | ($97.0M) |
| Receivables | ($1.5B) | ($157.0M) | ($92.0M) | ($71.0M) |
| Inventories | ($235.0M) | ($113.0M) | ($69.0M) | $114.0M |
| Other assets | ($491.0M) | ($308.0M) | ($55.0M) | ($90.0M) |
| Payables and accrued expenses | $1.5B | $1.6B | $1.2B | $449.0M |
| Funds payable to customers | $5.3B | $3.6B | $1.5B | $1.0B |
| Amounts payable due to credit and debit card transactions | $1.6B | $1.2B | $693.0M | $128.0M |
| Other liabilities | $145.0M | ($114.0M) | ($88.0M) | ($82.0M) |
| Operating lease liabilities | ($408.0M) | — | — | — |
| Interest received from investments | $584.0M | $229.0M | $255.0M | $123.0M |
| Net cash provided by operating activities | $12.1B | $7.9B | $5.1B | $2.9B |
| Purchases of investments | ($14.8B) | ($16.7B) | ($18.9B) | ($12.7B) |
| Proceeds from sale and maturity of investments | $16.6B | $14.0B | $18.1B | $11.0B |
| Payments for acquired businesses, net of cash acquired | $0 | ($6.0M) | $0 | $0 |
| Proceeds from settlements of derivative instruments | $3.0M | $29.0M | $0 | $1.0M |
| Payments from settlements of derivative instruments | ($91.0M) | ($14.0M) | ($58.0M) | ($45.0M) |
| Changes in loans receivable, net | ($6.7B) | ($4.7B) | ($2.0B) | ($1.7B) |
| Investments in property and equipment, intangible assets and intangible assets at fair value | ($1.3B) | ($860.0M) | — | — |
| Proceeds from sales of intangible assets at fair value | $75.0M | — | — | — |
| Net cash used in investing activities | ($6.2B) | ($8.3B) | ($3.5B) | ($3.9B) |
| Proceeds from loans payable and other financial liabilities | $44.0B | $19.5B | $25.0B | $17.0B |
| Payments on loans payable and other financing liabilities | ($41.1B) | ($17.5B) | ($24.8B) | ($15.9B) |
| Payments of finance lease liabilities | ($57.0M) | ($51.0M) | ($33.0M) | ($20.0M) |
| Common Stock repurchased | ($1.0M) | ($1.0M) | ($356.0M) | ($148.0M) |
| Net cash provided by (used in) financing activities | $2.9B | $2.0B | ($267.0M) | $916.0M |
| Effect of exchange rate changes on cash, cash equivalents, restricted cash and cash equivalents | ($3.0M) | ($739.0M) | ($938.0M) | ($270.0M) |
| Net increase in cash, cash equivalents, restricted cash and cash equivalents | $8.8B | $851.0M | $485.0M | ($285.0M) |
| Cash, cash equivalents, restricted cash and cash equivalents, beginning of the year | $4.7B | $3.8B | $3.4B | $3.6B |
| Cash, cash equivalents, restricted cash and cash equivalents, end of the year | $13.5B | $4.7B | $3.8B | $3.4B |
| Cash paid for interest | $611.0M | $456.0M | $608.0M | $247.0M |
| Cash paid for income tax | $1.0B | $1.1B | $651.0M | $437.0M |
| Finance lease liabilities | $40.0M | $52.0M | $99.0M | $18.0M |
| Convertible Senior Notes Due 2028 | $0 | $0 | $437.0M | — |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $883.0M | $417.0M | $1.4B | $1.0B |
| Unrealized foreign currency (gains) losses, net | ($124.0M) | ($66.0M) | $297.0M | $95.0M |
| Depreciation and amortization | $538.0M | $246.0M | $580.0M | $371.0M |
| Accrued interest, financial income and other revenues | ($681.0M) | ($283.0M) | ($850.0M) | ($325.0M) |
| Non cash interest expense and amortization of debt issuance costs and other charges | $205.0M | $100.0M | $271.0M | $173.0M |
| Provision for doubtful accounts | $2.5B | $1.2B | $2.1B | $1.3B |
| Provision for contingencies | $88.0M | $39.0M | $71.0M | $51.0M |
| Results on derivative instruments | $153.0M | $95.0M | $96.0M | $52.0M |
| Results on digital assets at fair value | $0 | $0 | ($13.0M) | ($4.0M) |
| Long term retention program (“LTRP”) accrued compensation | $165.0M | $96.0M | $252.0M | $188.0M |
| Deferred income taxes | ($606.0M) | ($261.0M) | ($310.0M) | ($154.0M) |
| Receivables | ($1.5B) | ($887.0M) | ($1.1B) | ($997.0M) |
| Inventories | ($226.0M) | ($88.0M) | ($187.0M) | ($100.0M) |
| Other assets | ($179.0M) | ($98.0M) | ($234.0M) | ($243.0M) |
| Payables and accrued expenses | $1.0B | $340.0M | $718.0M | $423.0M |
| Funds payable to customers | $2.5B | $585.0M | $2.6B | $1.6B |
| Amounts payable due to credit and debit card transactions | $1.2B | $523.0M | $766.0M | $415.0M |
| Other liabilities | $6.0M | $123.0M | $256.0M | ($103.0M) |
| Operating lease liabilities | ($255.0M) | ($118.0M) | ($276.0M) | — |
| Interest received from investments | $82.0M | $68.0M | $420.0M | $220.0M |
| Net cash provided by operating activities | $5.7B | $2.1B | $6.9B | $3.9B |
| Purchases of investments | ($5.4B) | ($2.8B) | ($9.9B) | ($6.4B) |
| Proceeds from sale and maturity of investments | $6.1B | $3.6B | $11.2B | $6.8B |
| Proceeds from settlements of derivative instruments | $23.0M | $4.0M | $3.0M | $2.0M |
| Payments from settlements of derivative instruments | ($108.0M) | ($44.0M) | ($38.0M) | ($8.0M) |
| Changes in loans receivable, net | ($4.1B) | ($1.9B) | ($4.6B) | ($2.9B) |
| Investments in property and equipment, intangible assets and intangible assets at fair value | ($712.0M) | ($271.0M) | ($916.0M) | ($559.0M) |
| Net cash used in investing activities | ($4.2B) | ($1.5B) | ($4.2B) | ($3.1B) |
| Proceeds from loans payable and other financial liabilities | $42.5B | $21.5B | $30.7B | $18.7B |
| Payments on loans payable and other financing liabilities | ($41.4B) | ($21.0B) | ($29.1B) | ($17.6B) |
| Payments of finance lease liabilities | ($32.0M) | ($16.0M) | ($40.0M) | ($26.0M) |
| Common Stock repurchased | ($1.0M) | — | ($1.0M) | $0 |
| Net cash provided by financing activities | $1.1B | $473.0M | $1.5B | $1.1B |
| Effect of exchange rate changes on cash, cash equivalents, restricted cash and cash equivalents | $548.0M | $527.0M | $249.0M | $230.0M |
| Net increase in cash, cash equivalents, restricted cash and cash equivalents | $3.2B | $1.6B | $4.5B | $2.2B |
| Cash, cash equivalents, restricted cash and cash equivalents, beginning of the period | $13.5B | $13.5B | $4.7B | $4.7B |
| Cash, cash equivalents, restricted cash and cash equivalents, end of the period | $16.8B | $15.1B | $9.2B | $6.9B |
| Right-of-use assets obtained under operating leases | $449.0M | $242.0M | $974.0M | $568.0M |
| Property and equipment obtained under finance leases | $8.0M | $1.0M | $9.0M | $2.0M |
| Investments in intangible assets not paid | $0 | $0 | $23.0M | $23.0M |
MercadoLibre Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.