Mercadolibre (MELI) Research & Development (2009 - 2026)
Mercadolibre (MELI) posted quarterly Research & Development of $982.0 million for Q1 2026, up 63.94% year-over-year from $599.0 million in Q1 2025, and up 1041.86% quarter-over-quarter from $86.0 million in Q4 2025.
Mercadolibre (MELI) Research & Development (2009 - 2026) Analysis & Trends
Mercadolibre's Research & Development history runs 18 years deep, the most recent figure standing at $982.0 million for Q1 2026.
- In Q1 2026, Research & Development rose 63.94% year-over-year to $982.0 million; the TTM figure through Mar 2026 stood at $2.4 billion (up 3.2% YoY), while the FY2025 annual figure was $2.3 billion, up 3.56% from the prior year.
- Research & Development for Q1 2026 stood at $982.0 million, up from $86.0 million in the prior quarter.
- The five-year high for Research & Development was $982.0 million in Q1 2026, with the low at $86.0 million in Q4 2025.
- The 5-year median for Research & Development is $478.0 million (2024), against an average of $462.9 million.
- The sharpest annual moves came in 2023 and 2025: Research & Development surged 189.07% in 2023, then sank 86.48% in 2025.
- Mercadolibre's Research & Development stood at $183.0 million in 2022, then surged by 189.07% to $529.0 million in 2023, then advanced by 20.23% to $636.0 million in 2024, then tumbled by 86.48% to $86.0 million in 2025, then soared by 1041.86% to $982.0 million in 2026.
- Business Quant data shows MELI's Research & Development at $982.0 million in Q1 2026, $86.0 million in Q4 2025, and $567.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.84 Bn | 2,819.86 Bn | 198.88 Bn | 62.73 Bn |
| 2 | PDD Holdings | 507.66 Bn | 448.11 Bn | 9.83 Bn | -714.26 Mn |
| 3 | Mercadolibre | 97.39 Bn | 82.19 Bn | 4.16 Bn | 1.13 Bn |
| 4 | DoorDash | 93.67 Bn | 88.33 Bn | 2.35 Bn | 821.00 Mn |
| 5 | JD.com | 87.53 Bn | 58.35 Bn | 7.66 Bn | -995.00 Mn |
| 6 | Sea | 77.98 Bn | 69.46 Bn | 3.15 Bn | -1.41 Bn |
| 7 | Ebay | 47.41 Bn | 44.11 Bn | 2.30 Bn | 697.00 Mn |
| 8 | Coupang | 29.58 Bn | 23.47 Bn | 2.49 Bn | - |
| 9 | Zkh | 15.88 Bn | 15.88 Bn | 51.11 Mn | -4.25 Mn |
| 10 | Wayfair | 13.67 Bn | 12.52 Bn | 1.05 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.13 Bn |
| Mar 31, 2026 | 982.00 Mn |
| Dec 31, 2025 | 86.00 Mn |
| Sep 30, 2025 | 567.00 Mn |
| Jun 30, 2025 | 751.00 Mn |
| Mar 31, 2025 | 599.00 Mn |
| Dec 31, 2024 | 636.00 Mn |
| Sep 30, 2024 | 566.00 Mn |
| Jun 30, 2024 | 511.00 Mn |
| Mar 31, 2024 | 478.00 Mn |
| Dec 31, 2023 | 529.00 Mn |
| Sep 30, 2023 | 441.00 Mn |
| Jun 30, 2023 | 383.00 Mn |
| Mar 31, 2023 | 383.00 Mn |
| Dec 31, 2022 | 183.00 Mn |
| Sep 30, 2022 | 278.00 Mn |
| Jun 30, 2022 | 262.00 Mn |
| Mar 31, 2022 | 234.00 Mn |
| Dec 31, 2021 | 179.00 Mn |
| Sep 30, 2021 | 138.00 Mn |