Mercadolibre (MELI) Operating Income (2009 - 2026)
Mercadolibre (MELI) posted quarterly Operating Income of $611.0 million for Q1 2026, down 19.92% year-over-year from $763.0 million in Q1 2025, and down 31.27% on a QoQ basis from $889.0 million in Q4 2025.
Mercadolibre (MELI) Operating Income (2009 - 2026) Analysis & Trends
Mercadolibre (MELI) has reported Operating Income for 18 consecutive years, with $611.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income fell 19.92% year-over-year to $611.0 million; the TTM figure through Mar 2026 stood at $3.0 billion (up 6.39% YoY), while the FY2025 annual figure was $3.2 billion, up 21.66% from the prior year.
- Operating Income came in at $611.0 million for Q1 2026 at Mercadolibre, down from $889.0 million in the prior quarter.
- The five-year high for Operating Income was $889.0 million in Q4 2025, with the low at $139.0 million in Q1 2022.
- Average Operating Income over 5 years is $571.7 million, with a median of $611.0 million recorded in 2026.
- Across the five-year window, Operating Income jumped 1500.0% in 2022 and slipped 29.04% in 2024, its largest moves.
- Year by year, Operating Income stood at $384.0 million in 2022, then fell by 12.76% to $335.0 million in 2023, then soared by 144.78% to $820.0 million in 2024, then rose by 8.41% to $889.0 million in 2025, then tumbled by 31.27% to $611.0 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $611.0 million, $889.0 million, and $724.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,596.58 Bn | 2,453.49 Bn | 171.21 Bn | 23.85 Bn |
| 2 | PDD Holdings | 461.36 Bn | 436.70 Bn | 12.81 Bn | 3.96 Bn |
| 3 | Zkh | 323.97 Bn | 323.97 Bn | 286.49 Mn | -3.26 Mn |
| 4 | Mercadolibre | 88.32 Bn | 82.67 Bn | 3.86 Bn | 611.00 Mn |
| 5 | DoorDash | 82.24 Bn | 77.38 Bn | 2.04 Bn | 151.00 Mn |
| 6 | Ebay | 49.85 Bn | 45.99 Bn | 2.29 Bn | 611.00 Mn |
| 7 | Coupang | 33.12 Bn | 33.03 Bn | 2.30 Bn | -242.00 Mn |
| 8 | Wayfair | 12.46 Bn | 11.40 Bn | 880.00 Mn | -11.00 Mn |
| 9 | Maplebear | 10.73 Bn | 10.04 Bn | 738.00 Mn | 182.00 Mn |
| 10 | Chewy | 8.52 Bn | 8.00 Bn | 1.01 Bn | 128.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 611.00 Mn |
| Dec 31, 2025 | 889.00 Mn |
| Sep 30, 2025 | 724.00 Mn |
| Jun 30, 2025 | 825.00 Mn |
| Mar 31, 2025 | 763.00 Mn |
| Dec 31, 2024 | 820.00 Mn |
| Sep 30, 2024 | 557.00 Mn |
| Jun 30, 2024 | 726.00 Mn |
| Mar 31, 2024 | 528.00 Mn |
| Dec 31, 2023 | 335.00 Mn |
| Sep 30, 2023 | 785.00 Mn |
| Jun 30, 2023 | 669.00 Mn |
| Mar 31, 2023 | 418.00 Mn |
| Dec 31, 2022 | 384.00 Mn |
| Sep 30, 2022 | 296.00 Mn |
| Jun 30, 2022 | 250.00 Mn |
| Mar 31, 2022 | 139.00 Mn |
| Dec 31, 2021 | 24.00 Mn |
| Sep 30, 2021 | 160.00 Mn |
| Jun 30, 2021 | 166.00 Mn |