Company / R&D Expense
MERCADOLIBRE INC R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$2.3B
FY2025
5-year range
$590.0M / $2.3B
FY2021-FY2025
Trend
+17.3%
vs FY2024
Sector context
#5 of 174
Industrials
What the data says
Among 174 Industrials companies, MERCADOLIBRE INC is in the top 3% for r&d expense. R&D Expense has increased for 5 consecutive years, from $146M in FY2020 to $2.3B in FY2025.
Based on SEC 10-K filings.
$2.3B in FY2025 with a 5-year CAGR of +73.0%. Top quartile in the Industrials sector.
Improved from $1.8B to $2.3B over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +27.3%
- 5-Year CAGR
- +73.0%
- 10-Year CAGR
- -
Sector benchmark
Top 3% in IndustrialsTop 3% of 174This company $2.3B Sector average $273.7M
▼
+729.0% above sector average
Key checks
Key Insights
- MERCADOLIBRE INC's r&d expense has grown for 5 consecutive years.
- 5-year CAGR of +73.0%, indicating consistent growth.
- In FY2025, r&d expense increased 17.3% year-over-year.
- Ranks #5 out of 174 companies in the Industrials sector.
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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.3B | +17.3% |
| FY2024 | $1.9B | +5.6% |
| FY2023 | $1.8B | +66.6% |
| FY2022 | $1.1B | +86.3% |
| FY2021 | $590.0M | +303.4% |
| FY2020 | $146.3M | -34.6% |
| FY2019 | $223.8M | +53.0% |
| FY2018 | $146.3M | +15.0% |
| FY2017 | $127.2M | +29.1% |
| FY2016 | $98.5M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026