Mercadolibre (MELI) Operating Expenses (2009 - 2026)

Mercadolibre (MELI) has reported Operating Expenses for 18 consecutive years, with $3.3 billion the latest figure, recorded in 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 came in at $3.3 billion for Q1 2026 at Mercadolibre, 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.
• Average Operating Expenses over 5 years is $1.7 billion, with a median of $1.6 billion recorded in 2024.
• Across the five-year window, Operating Expenses surged 86.8% in 2022 and increased 12.38% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $1.1 billion in 2022, then surged by 54.64% to $1.7 billion in 2023, then rose by 12.48% to $1.9 billion in 2024, then surged by 50.08% to $2.9 billion in 2025, then advanced by 12.3% to $3.3 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $3.3 billion, $2.9 billion, and $2.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.