Mercadolibre (MELI) Operating Expenses (2009 - 2026)

Mercadolibre's Operating Expenses history runs 18 years deep, the most recent figure standing at $3.3 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 61.9% year-over-year to $3.3 billion; the TTM figure through Mar 2026 stood at $10.9 billion (up 46.15% YoY), while the FY2025 annual figure was $9.7 billion, up 39.03% from the prior year.
• Operating Expenses for Q1 2026 stood at $3.3 billion, up from $2.9 billion in the prior quarter.
• The five-year high for Operating Expenses was $3.3 billion in Q1 2026, with the low at $934.0 million in Q1 2022.
• The 5-year median for Operating Expenses is $1.6 billion (2024), against an average of $1.7 billion.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 86.8% in 2022, then gained 12.38% in 2023.
• Mercadolibre's Operating Expenses stood at $1.1 billion in 2022, then jumped by 54.64% to $1.7 billion in 2023, then advanced by 12.48% to $1.9 billion in 2024, then jumped by 50.08% to $2.9 billion in 2025, then grew by 12.3% to $3.3 billion in 2026.
• Business Quant data shows MELI's Operating Expenses at $3.3 billion in Q1 2026, $2.9 billion in Q4 2025, and $2.5 billion in Q3 2025.