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 for Q1 2026 stood at 4.71%, down from 6.38% in the prior quarter.
• The five-year high for Net Margin was 10.55% in Q4 2024, with the low at 2.89% in Q1 2022.
• The 5-year median for Net Margin is 6.38% (2025), against an average of 6.68%.
• The sharpest annual moves came in 2022 and 2025: Net Margin soared 761 bps in 2022, then tumbled 416 bps in 2025.
• Mercadolibre's Net Margin stood at 5.46% in 2022, then tumbled by 31 bps to 3.74% in 2023, then surged by 182 bps to 10.55% in 2024, then sank by 39 bps to 6.38% in 2025, then decreased by 26 bps to 4.71% in 2026.
• Business Quant data shows MELI's Net Margin at 4.71% in Q1 2026, 6.38% in Q4 2025, and 5.68% in Q3 2025.