Mercadolibre (MELI) EBT Margin (2009 - 2026)
Mercadolibre (MELI) posted EBT Margin of 5.96% for Q2 2026, down 8.96% on a QoQ basis from 6.55% in Q1 2026, and down 459.0% year-over-year from 1.66% in Q2 2025.
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Analysis
Mercadolibre (MELI) EBT Margin (2009 - 2026) Analysis & Trends
Mercadolibre has reported EBT Margin for 18 years, with the latest figure at 5.96% in Q2 2026.
- On a quarterly basis, EBT Margin fell 459.0% year-over-year to 5.96% in Q2 2026; TTM through Jun 2026 was 7.4%, a 382.0% decrease from a year earlier, with the FY2025 full-year figure at 9.84%, down 187.0% from the prior year.
- EBT Margin was 5.96% for Q2 2026 at Mercadolibre, down from 6.55% in the prior quarter.
- The five-year high for EBT Margin was 13.52% in Q3 2023, with the low at 4.94% in Q1 2022.
- Average EBT Margin over 5 years is 9.44%, with a median of 9.92% recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: EBT Margin soared 1181 bps in 2022, then slumped 535 bps in 2026.
- Over 5 years, EBT Margin stood at 10.26% in 2022, then tumbled by 49 bps to 5.22% in 2023, then soared by 141 bps to 12.59% in 2024, then retreated by 29 bps to 8.95% in 2025, then slumped by 33 bps to 5.96% in 2026.
- The last three EBT Margin figures came in at 5.96% (Q2 2026), 6.55% (Q1 2026), and 8.95% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 9.82% |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 34.82% |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 36.60% |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 24.86% |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 5.96% |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 21.22% |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 23.80% |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 14.09% |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | - |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 20.20% |
Historic Data
Download Data
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% |
API Access
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_KEYimport 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();