Mercadolibre (MELI) Change in Inventory (2015 - 2026)
Mercadolibre's Change in Inventory came in at $138 million for Q2 2026, up 155.6% from $54 million a year earlier and up 56.8% from the prior quarter.
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Analysis
Mercadolibre (MELI) Change in Inventory (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mercadolibre reported Change in Inventory of $361 million, up 114.9% year-over-year; for FY2025, it came in at $235 million, up 108.0% from FY2024.
- Change in Inventory carries a five-year compound annual growth rate of 17.0% (FY2020 to FY2025).
- Going back by year, Change in Inventory was $113 million in FY2024 (+63.8%), $69 million in FY2023, -$114 million in FY2022 and $142 million in FY2021 (+32.7%).
- The Q2 2026 figure represents the highest quarterly Change in Inventory in data going back to Q4 2015.
- Year-over-year, Change in Inventory increased in four of the last five quarters, with growth averaging 103.8%.
- The fastest year-over-year change in Change in Inventory over five years came in Q3 2024 (growth of 242.1%), and the weakest in Q4 2021 (a decline of 58.0%).
- Business Quant data shows MELI's Change in Inventory at $88 million (Q1 2026), $48 million (Q4 2025) and $87 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | - |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | - |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | - |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | - |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | - |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | - |
| 10 | Mercadolibre | 95.81 Bn | 71.83 Bn | 4.16 Bn | 138.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 138.00 Mn |
| Mar 31, 2026 | 88.00 Mn |
| Dec 31, 2025 | 48.00 Mn |
| Sep 30, 2025 | 87.00 Mn |
| Jun 30, 2025 | 54.00 Mn |
| Mar 31, 2025 | 46.00 Mn |
| Dec 31, 2024 | 3.00 Mn |
| Sep 30, 2024 | 65.00 Mn |
| Jun 30, 2024 | 56.00 Mn |
| Mar 31, 2024 | -11.00 Mn |
| Dec 31, 2023 | -16.00 Mn |
| Sep 30, 2023 | 19.00 Mn |
| Jun 30, 2023 | 27.00 Mn |
| Mar 31, 2023 | 39.00 Mn |
| Dec 31, 2022 | -12.00 Mn |
| Sep 30, 2022 | -21.00 Mn |
| Jun 30, 2022 | -43.00 Mn |
| Mar 31, 2022 | -38.00 Mn |
| Dec 31, 2021 | 28.00 Mn |
| Sep 30, 2021 | 67.00 Mn |
API Access
Mercadolibre Change in Inventory 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=change-in-inventory&ticker=MELI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=MELI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();