Mercadolibre (MELI) Cost of Revenue (2009 - 2026)

Mercadolibre has reported Cost of Revenue for 18 years, with the latest figure at $982.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 68.96% year-over-year to $982.0 million; the trailing twelve-month figure through Mar 2026 stood at -$1.9 billion (down 125.27% YoY), and the FY2025 full-year result was $3.2 billion, down 71.26% from the prior year.
• Cost of Revenue for Q1 2026 stood at $982.0 million, up from -$7.8 billion in the prior quarter.
• The five-year high for Cost of Revenue was $4.2 billion in Q3 2025, with the low at -$7.8 billion in Q4 2025.
• Average Cost of Revenue over 5 years is $986.1 million, with a median of $982.0 million recorded in 2026.
• Peak annual rise in Cost of Revenue reached 642.05% in 2025, while the deepest fall reached 336.89% in 2025.
• Tracing MELI's Cost of Revenue over 5 years: stood at $380.0 million in 2022, then soared by 520.79% to $2.4 billion in 2023, then soared by 40.31% to $3.3 billion in 2024, then plunged by 336.89% to -$7.8 billion in 2025, then soared by 112.52% to $982.0 million in 2026.
• The last three Cost of Revenue figures came in at $982.0 million (Q1 2026), -$7.8 billion (Q4 2025), and $4.2 billion (Q3 2025), per Business Quant data.

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