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

Mercadolibre's Cost of Revenue history runs 18 years deep, the most recent figure standing at $5.0 billion for Q1 2026.

• In Q1 2026, Cost of Revenue rose 57.49% year-over-year to $5.0 billion; the TTM figure through Mar 2026 stood at $17.9 billion (up 48.1% YoY), while the FY2025 annual figure was $16.0 billion, up 43.17% from the prior year.
• Cost of Revenue for Q1 2026 stood at $5.0 billion, roughly flat from $5.0 billion in the prior quarter.
• The five-year high for Cost of Revenue was $5.0 billion in Q1 2026, with the low at $1.2 billion in Q1 2022.
• The 5-year median for Cost of Revenue is $2.4 billion (2023), against an average of $2.7 billion.
• The sharpest annual moves came in 2022 and 2026: Cost of Revenue advanced 27.69% in 2022, then soared 57.49% in 2026.
• Mercadolibre's Cost of Revenue stood at $1.8 billion in 2022, then surged by 34.65% to $2.4 billion in 2023, then jumped by 40.31% to $3.3 billion in 2024, then surged by 50.3% to $5.0 billion in 2025, then gained by 0.16% to $5.0 billion in 2026.
• Business Quant data shows MELI's Cost of Revenue at $5.0 billion in Q1 2026, $5.0 billion in Q4 2025, and $4.2 billion in Q3 2025.