MERCADOLIBRE INC Income Statement
MELI / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
MERCADOLIBRE INC reported $28.9B in revenue and $2.0B in net income for FY2025. Revenue has grown at a 38.6% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.9B | $20.8B | $15.1B | $10.8B | $7.1B | $1.4B | $2.3B | $321.0M | $1.2B | $844.4M | $472.6M | $556.5M | $472.6M | $373.6M | $298.9M |
| Cost of Revenue | $16.0B | $11.2B | $7.5B | $5.6B | $4.1B | $742.6M | $1.2B | $742.6M | $496.9M | $307.5M | $130.1M | $159.0M | $130.1M | $98.1M | $72.1M |
| Gross Profit | $12.9B | $9.6B | $7.6B | $5.2B | $3.0B | $697.0M | $1.1B | $697.0M | $168.9M | $536.9M | $342.5M | $397.6M | $342.5M | $275.5M | $226.9M |
| SG&A Expense | $1.1B | $963.0M | $766.0M | $661.0M | $465.0M | $137.8M | $197.5M | $137.8M | $122.2M | $87.3M | $57.6M | $62.4M | $57.6M | $45.2M | $38.8M |
| R&D Expense | $2.3B | $1.9B | $1.8B | $1.1B | $590.0M | $146.3M | $223.8M | $146.3M | $127.2M | $98.5M | - | - | - | - | - |
| Operating Income | $3.2B | $2.6B | $2.2B | $1.1B | $441.0M | -$69.5M | -$153.2M | -$69.5M | $56.3M | $181.1M | $153.5M | $120.5M | $153.5M | $129.7M | $99.8M |
| Interest Expense | - | - | - | - | - | - | - | - | $18.5M | $17.9M | $8.4M | $8.4M | - | - | - |
| Income Tax | $845.0M | $521.0M | $569.0M | $298.0M | $149.0M | -$28.9M | $64.8M | -$28.9M | $40.3M | $49.0M | $45.6M | $49.1M | $45.6M | $38.9M | $31.7M |
| Net Income | $2.0B | $1.9B | $987.0M | $482.0M | $83.0M | -$36.6M | -$172.0M | -$36.6M | $48.5M | $136.4M | $117.5M | $72.6M | $117.5M | $101.2M | $14.1M |
| EPS (Basic) | $19.64 | $9.57 | $1.67 | -$0.08 | -$3.71 | -$0.82 | $1.10 | $3.09 | $2.40 | $1.63 | $2.66 | $2.30 | $1.73 | $1.27 | $0.75 |
| EPS (Diluted) | $19.46 | $9.53 | $1.67 | -$0.08 | -$3.71 | -$0.82 | $1.10 | $3.09 | $2.40 | $1.63 | $2.66 | $2.30 | $1.73 | $1.27 | $0.75 |
| Shares Outstanding | 50.7M | 50.7M | 50.3M | 50.4M | 49.9M | 49.7M | 45.2M | 44.2M | 44.2M | 44.2M | 44.2M | 44.2M | 44.2M | 44.1M | 44.1M |
| Gross Margin | 44.5% | 46.1% | 50.2% | 48.2% | 42.5% | 48.4% | 48.0% | 217.2% | 13.9% | 63.6% | 72.5% | 71.4% | 72.5% | 73.8% | 75.9% |
| Operating Margin | 11.1% | 12.7% | 14.6% | 9.9% | 6.2% | -4.8% | -6.7% | -21.6% | 4.6% | 21.4% | 32.5% | 21.6% | 32.5% | 34.7% | 33.4% |
| Profit Margin | 6.9% | 9.2% | 6.5% | 4.5% | 1.2% | -2.5% | -7.5% | -11.4% | 4.0% | 16.2% | 24.9% | 13.0% | 24.9% | 27.1% | 4.7% |