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| Date | Value |
|---|---|
| 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% |