Mercadolibre (MELI) EBIT Margin (2009 - 2026)

Mercadolibre (MELI) recorded quarterly EBIT Margin of 6.91% in Q1 2026, down 31.94% quarter-over-quarter from 10.15% in Q4 2025, and down 595.0% on a YoY basis from 1.4% in Q1 2025.

Mercadolibre (MELI) EBIT Margin (2009 - 2026) Analysis & Trends

Mercadolibre's EBIT Margin history runs 18 years deep, the most recent figure standing at 6.91% for Q1 2026.

  • In Q1 2026, EBIT Margin fell 595.0% year-over-year to 6.91%; the TTM figure through Mar 2026 stood at 9.59% (down 322.0% YoY), while the FY2025 annual figure was 11.08%, down 158.0% from the prior year.
  • EBIT Margin was 6.91% for Q1 2026 at Mercadolibre, down from 10.15% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 19.99% in Q3 2023 to a low of 6.18% in Q1 2022.
  • Historically, EBIT Margin has averaged 11.84% across 5 years, with a median of 12.15% in 2025.
  • The sharpest annual moves came in 2022 and 2024: EBIT Margin jumped 1166 bps in 2022, then plunged 950 bps in 2024.
  • A 5-year view of EBIT Margin shows it stood at 12.79% in 2022, then sank by 41 bps to 7.6% in 2023, then soared by 78 bps to 13.53% in 2024, then declined by 25 bps to 10.15% in 2025, then sank by 32 bps to 6.91% in 2026.
  • The last three EBIT Margin figures came in at 6.91% (Q1 2026), 10.15% (Q4 2025), and 9.77% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 13.14%
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 6.91%
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 3.74%
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 22.37%
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 19.78%
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -2.85%
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -1.06%
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -0.38%
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 17.86%
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 3.83%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.91%
Dec 31, 2025 10.15%
Sep 30, 2025 9.77%
Jun 30, 2025 12.15%
Mar 31, 2025 12.86%
Dec 31, 2024 13.53%
Sep 30, 2024 10.49%
Jun 30, 2024 14.31%
Mar 31, 2024 12.19%
Dec 31, 2023 7.60%
Sep 30, 2023 19.99%
Jun 30, 2023 18.66%
Mar 31, 2023 13.12%
Dec 31, 2022 12.79%
Sep 30, 2022 11.00%
Jun 30, 2022 9.63%
Mar 31, 2022 6.18%
Dec 31, 2021 1.13%
Sep 30, 2021 8.61%
Jun 30, 2021 9.75%