KPIs & Operating Metrics(New)
Growth Metrics

Mercadolibre (MELI) EBT Margin (2009 - 2026)

Mercadolibre's quarterly EBT Margin came in at 6.55% in Q1 2026, down 535.0% year-on-year from 1.5% in Q1 2025, and down 26.87% quarter-over-quarter from 8.95% in Q4 2025.

Mercadolibre has reported EBT Margin for 18 years, with the latest figure at 6.55% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin fell 535.0% year-over-year to 6.55%; the trailing twelve-month figure through Mar 2026 stood at 8.54% (down 334.0% YoY), and the FY2025 full-year result was 9.84%, down 187.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 6.55%, down from 8.95% 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 9.64%, with a median of 10.04% recorded in 2023.
  • Year-over-year, EBT Margin jumped 1181 bps in 2022 and tumbled 535 bps in 2026.
  • Tracing MELI's EBT Margin over 5 years: 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 fell by 27 bps to 6.55% in 2026.
  • The last three EBT Margin figures came in at 6.55% (Q1 2026), 8.95% (Q4 2025), and 8.58% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Amazon Com 2,861.08 Bn 2,717.99 Bn 171.21 Bn 21.94%
2 Alibaba Group Holding 348.49 Bn 315.38 Bn 12.18 Bn 14.47%
3 Mercadolibre 84.38 Bn 78.73 Bn 3.86 Bn 6.55%
4 DoorDash 69.78 Bn 64.91 Bn 2.04 Bn 4.73%
5 Ebay 51.86 Bn 48.00 Bn 2.29 Bn 20.01%
6 Coupang 29.42 Bn 29.33 Bn 2.30 Bn -3.00%
7 Maplebear 9.86 Bn 9.17 Bn 738.00 Mn 18.45%
8 Wayfair 8.79 Bn 7.72 Bn 880.00 Mn -3.55%
9 Chewy 8.58 Bn 7.71 Bn 959.70 Mn 1.29%
10 Etsy 6.00 Bn 4.58 Bn 455.60 Mn 20.48%

Historic Data

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DateValue
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%
Jun 30, 2021 8.10%
Mar 31, 2021 0.73%
Dec 31, 2020 -3.34%
Sep 30, 2020 4.72%
Jun 30, 2020 10.18%
Mar 31, 2020 -2.56%
Dec 31, 2019 -9.34%
Sep 30, 2019 -11.10%
Jun 30, 2019 1.34%
Mar 31, 2019 3.24%
Dec 31, 2018 -1.60%
Sep 30, 2018 -4.03%
Jun 30, 2018 -5.65%
Mar 31, 2018 -7.90%
Dec 31, 2017 -18.06%
Sep 30, 2017 12.02%
Jun 30, 2017 4.38%
Mar 31, 2017 25.83%
Dec 31, 2016 26.39%
Sep 30, 2016 22.65%
Jun 30, 2016 14.13%
Mar 31, 2016 23.60%
Dec 31, 2015 29.34%
Sep 30, 2015 28.24%
Jun 30, 2015 21.69%
Mar 31, 2015 11.06%
Dec 31, 2014 30.96%
Sep 30, 2014 35.02%
Jun 30, 2014 -14.47%
Mar 31, 2014 33.89%
Dec 31, 2013 41.46%
Sep 30, 2013 33.50%
Jun 30, 2013 36.30%
Mar 31, 2013 24.68%
Dec 31, 2012 40.70%
Sep 30, 2012 36.96%
Jun 30, 2012 39.55%
Mar 31, 2012 32.13%
Dec 31, 2011 35.67%
Sep 30, 2011 43.00%
Jun 30, 2011 32.37%
Mar 31, 2011 32.63%
Dec 31, 2010 35.42%
Sep 30, 2010 35.30%
Jun 30, 2010 31.12%
Mar 31, 2010 112.30%
Dec 31, 2009 30.45%
Sep 30, 2009 24.49%
Jun 30, 2009 20.37%