Mercadolibre (MELI) EBITDA Margin (2009 - 2026)
Mercadolibre (MELI) reported EBITDA Margin of 9.59% for Q2 2026, down 5.49 percentage points from 15.08% a year earlier and down 0.10 percentage points from the prior quarter.
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Analysis
Mercadolibre (MELI) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mercadolibre's EBITDA Margin came in at 11.06%, down 4.06 percentage points year-over-year; for FY2025, it was 13.91%, down 1.72 percentage points from FY2024.
- EBITDA Margin has a five-year change of +8.05 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 15.63% in FY2024 (-2.45 pp), 18.08% in FY2023 (+4.42 pp), 13.65% in FY2022 (+4.53 pp) and 9.12% in FY2021 (+3.26 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBITDA Margin since Q4 2021.
- Year over year, EBITDA Margin has now declined in each of the last five quarters, with an average year-over-year change of -2.80 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q4 2022 (a gain of 12.58 percentage points); the low point was Q3 2024 (a drop of 9.99 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.69% (Q1 2026), 12.87% (Q4 2025) and 12.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 38.37% |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 31.18% |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 68.36% |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | - |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 15.37% |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 11.28% |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 79.79% |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 14.77% |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 40.49% |
| 10 | Mercadolibre | 76.60 Bn | 52.63 Bn | 4.16 Bn | 10.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.62% |
| Mar 31, 2026 | 10.82% |
| Dec 31, 2025 | 14.29% |
| Sep 30, 2025 | 13.92% |
| Jun 30, 2025 | 16.63% |
| Mar 31, 2025 | 16.90% |
| Dec 31, 2024 | 18.47% |
| Sep 30, 2024 | 11.97% |
| Jun 30, 2024 | 17.60% |
| Mar 31, 2024 | 16.48% |
| Dec 31, 2023 | 11.43% |
| Sep 30, 2023 | 22.46% |
| Jun 30, 2023 | 24.04% |
| Mar 31, 2023 | 18.71% |
| Dec 31, 2022 | 16.52% |
| Sep 30, 2022 | 13.79% |
| Jun 30, 2022 | 17.87% |
| Mar 31, 2022 | 11.70% |
| Dec 31, 2021 | 4.98% |
| Sep 30, 2021 | 12.11% |
API Access
Mercadolibre EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=MELI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "MELI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=MELI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();