Mercadolibre (MELI) Exchange Rate Effect (2009 - 2026)
Mercadolibre (MELI) recorded quarterly Exchange Rate Effect of $527.0 million in Q1 2026, up 309.13% quarter-over-quarter from -$252.0 million in Q4 2025, and up 263.45% on a YoY basis from $145.0 million in Q1 2025.
Mercadolibre (MELI) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Mercadolibre's Exchange Rate Effect history runs 18 years deep, the most recent figure standing at $527.0 million for Q1 2026.
- In Q1 2026, Exchange Rate Effect rose 263.45% year-over-year to $527.0 million; the TTM figure through Mar 2026 stood at $379.0 million (up 173.17% YoY), while the FY2025 annual figure was -$3.0 million, up 99.59% from the prior year.
- Exchange Rate Effect was $527.0 million for Q1 2026 at Mercadolibre, up from -$252.0 million in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $527.0 million in Q1 2026 to a low of -$495.0 million in Q4 2023.
- Historically, Exchange Rate Effect has averaged -$83.7 million across 5 years, with a median of -$76.0 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Exchange Rate Effect slumped 910.2% in 2023, then surged 290.79% in 2025.
- A 5-year view of Exchange Rate Effect shows it stood at -$49.0 million in 2022, then plunged by 910.2% to -$495.0 million in 2023, then surged by 32.93% to -$332.0 million in 2024, then gained by 24.1% to -$252.0 million in 2025, then surged by 309.13% to $527.0 million in 2026.
- The last three Exchange Rate Effect figures came in at $527.0 million (Q1 2026), -$252.0 million (Q4 2025), and $19.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | -1.00 Mn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 527.00 Mn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | -22.00 Mn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | -155.49 Mn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | -12.00 Mn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -251.00 Mn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -4.37 Mn |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 4.00 Mn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | -1.00 Mn |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 527.00 Mn |
| Mar 31, 2026 | 527.00 Mn |
| Dec 31, 2025 | -252.00 Mn |
| Dec 31, 2025 | -252.00 Mn |
| Sep 30, 2025 | 19.00 Mn |
| Sep 30, 2025 | 19.00 Mn |
| Jun 30, 2025 | 85.00 Mn |
| Jun 30, 2025 | 85.00 Mn |
| Mar 31, 2025 | 145.00 Mn |
| Mar 31, 2025 | 145.00 Mn |
| Dec 31, 2024 | -332.00 Mn |
| Dec 31, 2024 | -332.00 Mn |
| Sep 30, 2024 | -63.00 Mn |
| Sep 30, 2024 | -63.00 Mn |
| Jun 30, 2024 | -268.00 Mn |
| Jun 30, 2024 | -268.00 Mn |
| Mar 31, 2024 | -76.00 Mn |
| Mar 31, 2024 | -76.00 Mn |
| Dec 31, 2023 | -495.00 Mn |
| Dec 31, 2023 | -495.00 Mn |