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Mercadolibre (MELI) Cost of Revenue (2016 - 2025)

Mercadolibre has reported Cost of Revenue over the past 17 years, most recently at -$7.8 billion for Q4 2025.

  • Quarterly results put Cost of Revenue at -$7.8 billion for Q4 2025, down 1332.86% from a year ago — trailing twelve months through Dec 2025 was $3.2 billion (up 46.92% YoY), and the annual figure for FY2025 was $3.2 billion, up 46.92%.
  • Cost of Revenue for Q4 2025 was -$7.8 billion at Mercadolibre, down from $4.2 billion in the prior quarter.
  • Over the last five years, Cost of Revenue for MELI hit a ceiling of $4.2 billion in Q3 2025 and a floor of -$7.8 billion in Q4 2025.
  • Median Cost of Revenue over the past 5 years was $520.0 million (2023), compared with a mean of $684.8 million.
  • Peak annual rise in Cost of Revenue hit 642.05% in 2025, while the deepest fall reached 1332.86% in 2025.
  • Mercadolibre's Cost of Revenue stood at $338.0 million in 2021, then skyrocketed by 418.34% to $1.8 billion in 2022, then crashed by 69.81% to $529.0 million in 2023, then grew by 20.23% to $636.0 million in 2024, then plummeted by 1332.86% to -$7.8 billion in 2025.
  • The last three reported values for Cost of Revenue were -$7.8 billion (Q4 2025), $4.2 billion (Q3 2025), and $3.7 billion (Q2 2025) per Business Quant data.