Company / Gross Margin
MERCADOLIBRE INC Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
44.5%
FY2025
5-year range
42.5% / 50.2%
FY2021-FY2025
Trend
-3.4%
vs FY2024
Sector context
#33 of 186
Industrials
What the data says
MERCADOLIBRE INC's gross margin of 44.5% is higher than 82% of companies in the Industrials sector (FY2025). Gross Margin has fluctuated over the past 10 years, ranging from 13.9% in FY2017 to 217.2% in FY2018.
Based on SEC 10-K filings.
44.5% in FY2025 with a 5-year CAGR of -3.9%. Top quartile in the Industrials sector.
Declined from 50.2% to 44.5% over the past 2 years.
Industrials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -3.7pp
- 5-Year Change
- -3.9pp
- 10-Year Change
- -
Sector benchmark
Top 18% in IndustrialsTop 18% of 186This company 44.5% Sector average 28.8%
▼
+54.6% above sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 3.4% year-over-year.
- Currently 15.7pp above the Industrials sector average.
- Peak gross margin was recorded in FY2018.
- Lowest gross margin in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 1.19 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 44.5% | -3.4% |
| FY2024 | 46.1% | -8.3% |
| FY2023 | 50.2% | +4.2% |
| FY2022 | 48.2% | +13.4% |
| FY2021 | 42.5% | -12.2% |
| FY2020 | 48.4% | +0.9% |
| FY2019 | 48.0% | -77.9% |
| FY2018 | 217.2% | +1464.5% |
| FY2017 | 13.9% | -78.2% |
| FY2016 | 63.6% | -12.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026