Mercadolibre (MELI) Net Margin (2009 - 2026)

Mercadolibre's Net Margin history runs 18 years deep, the most recent figure standing at 4.71% for Q1 2026.

• In Q1 2026, Net Margin fell 361.0% year-over-year to 4.71%; the TTM figure through Mar 2026 stood at 6.04% (down 317.0% YoY), while the FY2025 annual figure was 6.91%, down 229.0% from the prior year.
• Net Margin was 4.71% for Q1 2026 at Mercadolibre, down from 6.38% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 10.55% in Q4 2024 to a low of 2.89% in Q1 2022.
• Historically, Net Margin has averaged 6.68% across 5 years, with a median of 6.38% in 2025.
• The sharpest annual moves came in 2022 and 2025: Net Margin jumped 761 bps in 2022, then plunged 416 bps in 2025.
• A 5-year view of Net Margin shows it stood at 5.46% in 2022, then plunged by 31 bps to 3.74% in 2023, then soared by 182 bps to 10.55% in 2024, then slumped by 39 bps to 6.38% in 2025, then slipped by 26 bps to 4.71% in 2026.
• The last three Net Margin figures came in at 4.71% (Q1 2026), 6.38% (Q4 2025), and 5.68% (Q3 2025), per Business Quant data.