Mercadolibre (MELI) EBIT Margin (2009 - 2026)
Mercadolibre (MELI) posted quarterly EBIT Margin of 6.91% for Q1 2026, down 595.0% year-over-year from 1.4% in Q1 2025, and down 31.94% quarter-over-quarter from 10.15% in Q4 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 for Q1 2026 stood at 6.91%, down from 10.15% in the prior quarter.
- The five-year high for EBIT Margin was 19.99% in Q3 2023, with the low at 6.18% in Q1 2022.
- The 5-year median for EBIT Margin is 12.15% (2025), against an average of 11.84%.
- The sharpest annual moves came in 2022 and 2024: EBIT Margin soared 1166 bps in 2022, then tumbled 950 bps in 2024.
- Mercadolibre's EBIT Margin stood at 12.79% in 2022, then plunged by 41 bps to 7.6% in 2023, then surged by 78 bps to 13.53% in 2024, then dropped by 25 bps to 10.15% in 2025, then plunged by 32 bps to 6.91% in 2026.
- Business Quant data shows MELI's EBIT Margin at 6.91% in Q1 2026, 10.15% in Q4 2025, and 9.77% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.95 Bn | 2,819.97 Bn | 198.88 Bn | 13.43% |
| 2 | PDD Holdings | 508.05 Bn | 448.51 Bn | 9.83 Bn | 22.37% |
| 3 | Mercadolibre | 97.02 Bn | 81.83 Bn | 4.16 Bn | 6.72% |
| 4 | DoorDash | 93.69 Bn | 88.35 Bn | 2.35 Bn | 3.50% |
| 5 | JD.com | 87.61 Bn | 58.43 Bn | 7.66 Bn | 1.20% |
| 6 | Sea | 78.10 Bn | 69.58 Bn | 3.15 Bn | 80.28% |
| 7 | Ebay | 47.48 Bn | 44.17 Bn | 2.30 Bn | 21.57% |
| 8 | Coupang | 29.69 Bn | 23.58 Bn | 2.49 Bn | -6.28% |
| 9 | Zkh | 15.94 Bn | 15.94 Bn | 51.11 Mn | -1.06% |
| 10 | Wayfair | 13.68 Bn | 12.54 Bn | 1.05 Bn | 2.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.72% |
| 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% |