Mercadolibre (MELI) Inventory (2015 - 2026)
Mercadolibre's Inventory was $822 million in Q2 2026, up 89.4% from $434 million a year earlier and up 21.4% from the prior quarter.
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Analysis
Mercadolibre (MELI) Inventory (2015 - 2026) Analysis & Trends
At the end of FY2025, Inventory at Mercadolibre came in at $570 million, up 92.6% from FY2024.
- Inventory has now increased for three consecutive years, with a five-year compound annual growth rate of 37.0% (FY2020 to FY2025).
- In earlier years, Inventory was $296 million in FY2024 (+24.4%), $238 million in FY2023 (+56.6%), $152 million in FY2022 (-39.9%) and $253 million in FY2021 (+114.2%).
- The Q2 2026 figure marks the highest quarterly Inventory in data going back to Q3 2015.
- Compared with a year earlier, Inventory has increased for 13 straight quarters, with growth averaging 65.1% over the last eight quarters.
- The best year-over-year quarter for Inventory over five years was Q3 2021 (growth of 386.0%); the worst was Q4 2022 (a decline of 39.9%).
- Per Business Quant data, MELI's Inventory in the three quarters before Q2 2026 was $677 million (Q1 2026), $570 million (Q4 2025) and $532 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 13.31 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | - |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | - |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | - |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | - |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | - |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | - |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | - |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | - |
| 10 | Mercadolibre | 76.60 Bn | 52.63 Bn | 4.16 Bn | 822.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 822.00 Mn |
| Mar 31, 2026 | 677.00 Mn |
| Dec 31, 2025 | 570.00 Mn |
| Sep 30, 2025 | 532.00 Mn |
| Jun 30, 2025 | 434.00 Mn |
| Mar 31, 2025 | 358.00 Mn |
| Dec 31, 2024 | 296.00 Mn |
| Sep 30, 2024 | 322.00 Mn |
| Jun 30, 2024 | 257.00 Mn |
| Mar 31, 2024 | 223.00 Mn |
| Dec 31, 2023 | 238.00 Mn |
| Sep 30, 2023 | 246.00 Mn |
| Jun 30, 2023 | 236.00 Mn |
| Mar 31, 2023 | 199.00 Mn |
| Dec 31, 2022 | 152.00 Mn |
| Sep 30, 2022 | 160.00 Mn |
| Jun 30, 2022 | 183.00 Mn |
| Mar 31, 2022 | 239.00 Mn |
| Dec 31, 2021 | 253.00 Mn |
| Sep 30, 2021 | 226.69 Mn |
API Access
Mercadolibre Inventory 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=inventory&ticker=MELI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=MELI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();