Mercadolibre (MELI) Change in Inventory (2015 - 2026)

Mercadolibre (MELI) recorded quarterly Change in Inventory of $88.0 million in Q1 2026, up 83.33% quarter-over-quarter from $48.0 million in Q4 2025, and up 91.3% on a YoY basis from $46.0 million in Q1 2025.

Mercadolibre (MELI) Change in Inventory (2015 - 2026) Analysis & Trends

Mercadolibre's Change in Inventory history runs 12 years deep, the most recent figure standing at $88.0 million for Q1 2026.

  • In Q1 2026, Change in Inventory rose 91.3% year-over-year to $88.0 million; the TTM figure through Mar 2026 stood at $277.0 million (up 62.94% YoY), while the FY2025 annual figure was $235.0 million, up 107.96% from the prior year.
  • Change in Inventory was $88.0 million for Q1 2026 at Mercadolibre, up from $48.0 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $88.0 million in Q1 2026 to a low of -$43.0 million in Q2 2022.
  • Historically, Change in Inventory has averaged $23.0 million across 5 years, with a median of $27.0 million in 2023.
  • The sharpest annual moves came in 2022 and 2025: Change in Inventory sank 300.0% in 2022, then jumped 1500.0% in 2025.
  • A 5-year view of Change in Inventory shows it stood at -$12.0 million in 2022, then sank by 33.33% to -$16.0 million in 2023, then surged by 118.75% to $3.0 million in 2024, then surged by 1500.0% to $48.0 million in 2025, then soared by 83.33% to $88.0 million in 2026.
  • The last three Change in Inventory figures came in at $88.0 million (Q1 2026), $48.0 million (Q4 2025), and $87.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Inventory (Qtr)
1 Amazon Com 2,596.05 Bn 2,452.96 Bn 171.21 Bn -1.62 Bn
2 Mercadolibre 81.60 Bn 75.95 Bn 3.86 Bn 88.00 Mn
3 DoorDash 67.31 Bn 62.45 Bn 2.04 Bn -
4 PDD Holdings 64.05 Bn 39.38 Bn 12.81 Bn -
5 Ebay 49.12 Bn 45.26 Bn 2.29 Bn -
6 Coupang 31.56 Bn 31.47 Bn 2.30 Bn -128.00 Mn
7 Zkh 16.19 Bn 16.19 Bn 285.30 Mn -
8 Wayfair 10.13 Bn 9.07 Bn 880.00 Mn 7.00 Mn
9 Maplebear 10.01 Bn 9.32 Bn 738.00 Mn -
10 Chewy 7.78 Bn 7.26 Bn 1.01 Bn 128.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 88.00 Mn
Mar 31, 2026 88.00 Mn
Dec 31, 2025 48.00 Mn
Dec 31, 2025 48.00 Mn
Sep 30, 2025 87.00 Mn
Sep 30, 2025 87.00 Mn
Jun 30, 2025 54.00 Mn
Jun 30, 2025 54.00 Mn
Mar 31, 2025 46.00 Mn
Mar 31, 2025 46.00 Mn
Dec 31, 2024 3.00 Mn
Dec 31, 2024 3.00 Mn
Sep 30, 2024 65.00 Mn
Sep 30, 2024 65.00 Mn
Jun 30, 2024 56.00 Mn
Jun 30, 2024 56.00 Mn
Mar 31, 2024 -11.00 Mn
Mar 31, 2024 -11.00 Mn
Dec 31, 2023 -16.00 Mn
Dec 31, 2023 -16.00 Mn