15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $20.3B | $2.0B | 63.2% | 15.7% | 29.6% | 4.7% | $10.8B | $9.2B | $3.7B |
| 2024 | $15.1B | $1.9B | 63.3% | 17.4% | 43.9% | 7.6% | $7.1B | $5.7B | $2.6B |
| 2023 | $10.5B | $987M | 72.4% | 21.0% | 32.1% | 5.6% | $4.6B | $4.5B | $2.6B |
| 2022 | $7.5B | $482M | 69.8% | 14.3% | 26.4% | 3.5% | $2.5B | $4.8B | $1.9B |
| 2021 | $5.7B | $83M | 52.6% | 7.7% | 5.4% | 0.8% | — | $3.5B | $2.6B |
| 2020 | $4.0B | -$1M | 43.0% | 3.2% | -0.1% | -0.0% | — | — | $1.9B |
| 2019 | $2.3B | -$172M | 48.0% | -6.7% | -8.7% | -3.6% | — | — | $1.4B |
| 2018 | $1.4B | -$37M | 48.4% | -4.8% | -10.9% | -1.6% | — | — | $440M |
| 2017 | $1.2B | $14M | 59.2% | 4.6% | 4.2% | 0.8% | — | — | $388M |
| 2016 | — | $136M | — | — | 31.8% | 10.0% | — | — | $234M |
| 2015 | — | $106M | — | — | 31.2% | 10.5% | — | — | $167M |
| 2014 | — | $73M | — | — | 20.4% | 7.5% | — | — | $223M |
| 2013 | — | $118M | — | — | 34.2% | 19.8% | — | — | $140M |
| 2012 | — | $101M | — | — | 34.9% | 21.2% | — | — | $101M |
| 2011 | — | $77M | — | — | 35.0% | 21.6% | — | — | $67M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $7.1B | $466M | 59.0% | 9.7% | 5.9% | 0.9% | $3.2B | $10.6B | $3.6B |
| Mar '26 | $6.1B | $417M | 63.7% | 10.1% | 5.7% | 0.9% | $1.8B | $9.9B | $3.7B |
| Dec '25 | $6.1B | $559M | 61.7% | 14.5% | 8.3% | 1.3% | $4.8B | $9.2B | $3.7B |
| Sep '25 | $5.2B | $421M | 61.7% | 13.9% | 6.8% | 1.1% | $2.6B | $7.8B | $2.6B |
| Jun '25 | $4.8B | $523M | 64.4% | 17.2% | 9.2% | 1.6% | $2.6B | $7.3B | $3.0B |
| Mar '25 | $4.2B | $494M | 66.1% | 18.2% | 9.9% | 1.8% | $759M | $6.4B | $3.0B |
| Dec '24 | $4.4B | $639M | 62.0% | 18.5% | 14.7% | 2.5% | $2.6B | $5.7B | $2.6B |
| Sep '24 | $3.9B | $397M | 62.6% | 14.3% | 9.9% | 1.8% | $1.4B | $5.4B | $2.2B |
| Jun '24 | $3.8B | $531M | 62.8% | 19.3% | 14.5% | 2.7% | $1.7B | $4.6B | $2.8B |
| Mar '24 | $3.1B | $344M | 65.3% | 17.0% | 10.1% | 1.8% | $1.4B | $4.5B | $2.6B |
| Dec '23 | $3.1B | $165M | 65.4% | 10.7% | 5.4% | 0.9% | — | $4.5B | $2.6B |
| Sep '23 | $2.7B | $359M | 77.3% | 29.0% | 13.1% | 2.2% | — | $4.5B | $2.2B |
| Jun '23 | $2.5B | $262M | 73.9% | 27.0% | 11.6% | 1.7% | — | $4.8B | $1.9B |
| Mar '23 | $2.2B | $201M | 74.5% | 19.3% | 9.9% | 1.4% | — | $4.8B | $2.1B |
| Dec '22 | -$85M | $165M | -1715.3% | -410.6% | 9.0% | 1.2% | — | $4.8B | $1.9B |
| Sep '22 | $2.7B | $129M | 50.1% | 11.0% | 7.9% | 1.1% | — | $4.7B | $1.5B |
| Jun '22 | $2.6B | $123M | 49.4% | 9.6% | 7.8% | 1.1% | — | — | $1.3B |
| Mar '22 | $2.2B | $65M | 47.7% | 6.2% | 4.1% | 0.6% | — | — | $1.6B |
| Dec '21 | $2.1B | -$46M | 40.0% | 1.1% | -3.0% | -0.5% | — | $3.5B | $2.6B |
| Sep '21 | $1.9B | $95M | 43.4% | 8.6% | 77.2% | 1.4% | — | — | $987M |
How the market has priced MELI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Mercado Libre's revenue has grown 38.6% per year. These are computed facts, not advice.
As of FY2025, Mercado Libre reported $9.2B of total debt against $3.7B of cash.
In FY2025, gross margin was 63.2%, operating margin 15.7%, and net margin 9.8%.
As of Sep '26, Mercado Libre traded at a price-to-earnings ratio of about 50.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.