Mercadolibre (MELI) EBT Margin (2009 - 2026)
Mercadolibre (MELI) posted quarterly EBT Margin of 6.55% for Q1 2026, down 535.0% year-over-year from 1.5% in Q1 2025, and down 26.87% quarter-over-quarter from 8.95% in Q4 2025.
Mercadolibre (MELI) EBT Margin (2009 - 2026) Analysis & Trends
Mercadolibre's EBT Margin history runs 18 years deep, the most recent figure standing at 6.55% for Q1 2026.
- In Q1 2026, EBT Margin fell 535.0% year-over-year to 6.55%; the TTM figure through Mar 2026 stood at 8.54% (down 334.0% YoY), while the FY2025 annual figure 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.
- The 5-year median for EBT Margin is 10.04% (2023), against an average of 9.64%.
- The sharpest annual moves came in 2022 and 2026: EBT Margin jumped 1181 bps in 2022, then slumped 535 bps in 2026.
- Mercadolibre's EBT Margin stood at 10.26% in 2022, then tumbled by 49 bps to 5.22% in 2023, then jumped by 141 bps to 12.59% in 2024, then declined by 29 bps to 8.95% in 2025, then dropped by 27 bps to 6.55% in 2026.
- Business Quant data shows MELI's EBT Margin at 6.55% in Q1 2026, 8.95% in Q4 2025, and 8.58% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.84 Bn | 2,819.86 Bn | 198.88 Bn | 31.58% |
| 2 | PDD Holdings | 507.66 Bn | 448.11 Bn | 9.83 Bn | 25.49% |
| 3 | Mercadolibre | 97.39 Bn | 82.19 Bn | 4.16 Bn | 5.96% |
| 4 | DoorDash | 93.67 Bn | 88.33 Bn | 2.35 Bn | 4.65% |
| 5 | JD.com | 87.53 Bn | 58.35 Bn | 7.66 Bn | 2.25% |
| 6 | Sea | 77.98 Bn | 69.46 Bn | 3.15 Bn | 9.23% |
| 7 | Ebay | 47.41 Bn | 44.11 Bn | 2.30 Bn | 21.22% |
| 8 | Coupang | 29.58 Bn | 23.47 Bn | 2.49 Bn | -6.02% |
| 9 | Zkh | 15.88 Bn | 15.88 Bn | 51.11 Mn | -0.45% |
| 10 | Wayfair | 13.67 Bn | 12.52 Bn | 1.05 Bn | 0.06% |
Historic Data
Download 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% |