Mercadolibre (MELI) EBT Margin (2009 - 2026)
Mercadolibre (MELI) reported EBT Margin of 5.96% for Q2 2026, down 4.59 percentage points from 10.54% a year earlier and down 0.59 percentage points from the prior quarter.
Mercadolibre (MELI) EBT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mercadolibre's EBT Margin came in at 7.40%, down 3.82 percentage points year-over-year; for FY2025, it came in at 9.84%, down 1.87 percentage points from FY2024.
- EBT Margin has a five-year change of +7.80 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 11.71% in FY2024 (+1.43 pp), 10.28% in FY2023 (+3.04 pp), 7.24% in FY2022 (+3.83 pp) and 3.41% in FY2021 (+1.37 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBT Margin since Q4 2023.
- Year over year, EBT Margin has now declined in each of the last five quarters, with an average year-over-year change of -1.62 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was Q4 2022 (a gain of 11.81 percentage points); the low point was Q1 2026 (a drop of 5.35 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.55% (Q1 2026), 8.95% (Q4 2025) and 8.58% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 25.36% |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 20.13% |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 33.53% |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 8.29% |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 13.34% |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 5.79% |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 79.82% |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 14.19% |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 38.49% |
| 10 | Mercadolibre | 76.60 Bn | 52.63 Bn | 4.16 Bn | 5.96% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.96% |
| Mar 31, 2026 | 6.55% |
| Dec 31, 2025 | 8.95% |
| Sep 30, 2025 | 8.58% |
| Jun 30, 2025 | 10.54% |
| Mar 31, 2025 | 11.90% |
| Dec 31, 2024 | 12.59% |
| Sep 30, 2024 | 9.79% |
| Jun 30, 2024 | 13.17% |
| Mar 31, 2024 | 11.10% |
| Dec 31, 2023 | 5.22% |
| Sep 30, 2023 | 13.52% |
| Jun 30, 2023 | 13.17% |
| Mar 31, 2023 | 10.04% |
| Dec 31, 2022 | 10.26% |
| Sep 30, 2022 | 7.36% |
| Jun 30, 2022 | 6.28% |
| Mar 31, 2022 | 4.94% |
| Dec 31, 2021 | -1.55% |
| Sep 30, 2021 | 6.78% |
Mercadolibre EBT 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=ebt-margin&ticker=MELI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=MELI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();