Company / SG&A Expense
MERCADOLIBRE INC SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$1.1B
FY2025
5-year range
$465.0M / $1.1B
FY2021-FY2025
Trend
+11.9%
vs FY2024
Sector context
#64 of 311
Industrials
What the data says
MERCADOLIBRE INC's sg&a expense of $1.1B is higher than 79% of companies in the Industrials sector (FY2025). SG&A Expense has increased for 5 consecutive years, from $138M in FY2020 to $1.1B in FY2025.
Based on SEC 10-K filings.
$1.1B in FY2025 with a 5-year CAGR of +50.9%. Top quartile in the Industrials sector.
Increased from $766M to $1.1B over the past 2 years.
Industrials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +17.7%
- 5-Year CAGR
- +50.9%
- 10-Year CAGR
- -
Sector benchmark
Bottom 21% in IndustrialsTop 79% of 311This company $1.1B Sector average $849.5M
▼
+26.9% above sector average
Key checks
Key Insights
- MERCADOLIBRE INC's sg&a expense has grown for 5 consecutive years.
- 5-year CAGR of +50.9%, indicating consistent growth.
- In FY2025, sg&a expense increased 11.9% year-over-year.
- Ranks #64 out of 311 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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.1B | +11.9% |
| FY2024 | $963.0M | +25.7% |
| FY2023 | $766.0M | +15.9% |
| FY2022 | $661.0M | +42.2% |
| FY2021 | $465.0M | +237.5% |
| FY2020 | $137.8M | -30.2% |
| FY2019 | $197.5M | +43.3% |
| FY2018 | $137.8M | +12.7% |
| FY2017 | $122.2M | +40.0% |
| FY2016 | $87.3M | +51.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026