Mercadolibre (MELI) Capital Expenditures (2009 - 2026)
Mercadolibre (MELI) recorded Capital Expenditures of $441 million in Q2 2026, up 53.7% from $287 million a year earlier and up 62.7% from the prior quarter.
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Analysis
Mercadolibre (MELI) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Mercadolibre's Capital Expenditures came in at $1.5 billion as of Jun 30, 2026, up 37.6% year-over-year; for FY2025, it came in at $1.34 billion, up 56.2% from FY2024.
- Annual Capital Expenditures has increased for three straight years, with a five-year compound annual growth rate of 40.3% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $860 million in FY2024 (+69.0%), $509 million in FY2023 (+11.9%), $455 million in FY2022 (-20.6%) and $573 million in FY2021 (+132.0%).
- The Q2 2026 figure is the highest quarterly Capital Expenditures in data going back to Q3 2009.
- On a year-over-year basis, Capital Expenditures rose in seven of the last eight quarters, with growth averaging 54.9%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 149.4% in Q3 2021, against a decline of 35.0% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $271 million (Q1 2026), $427 million (Q4 2025) and $357 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 51.36 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 33.94 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 278.77 Mn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | -9.97 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 2.00 Mn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 104.00 Mn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | - |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | -6.90 Mn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 68.00 Mn |
| 10 | Mercadolibre | 76.60 Bn | 52.63 Bn | 4.16 Bn | 441.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 441.00 Mn |
| Mar 31, 2026 | 271.00 Mn |
| Dec 31, 2025 | 427.00 Mn |
| Sep 30, 2025 | 357.00 Mn |
| Jun 30, 2025 | 287.00 Mn |
| Mar 31, 2025 | 272.00 Mn |
| Dec 31, 2024 | 305.00 Mn |
| Sep 30, 2024 | 223.00 Mn |
| Jun 30, 2024 | 184.00 Mn |
| Mar 31, 2024 | 148.00 Mn |
| Dec 31, 2023 | 180.00 Mn |
| Sep 30, 2023 | 126.00 Mn |
| Jun 30, 2023 | 114.00 Mn |
| Mar 31, 2023 | 89.00 Mn |
| Dec 31, 2022 | 113.00 Mn |
| Sep 30, 2022 | 106.00 Mn |
| Jun 30, 2022 | 99.00 Mn |
| Mar 31, 2022 | 137.00 Mn |
| Dec 31, 2021 | 148.00 Mn |
| Sep 30, 2021 | 162.00 Mn |
API Access
Mercadolibre Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MELI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MELI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MELI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();