Mercadolibre (MELI) Tax Rate (2009 - 2026)
Mercadolibre (MELI) recorded quarterly Tax Rate of 27.98% in Q1 2026, down 2.51% quarter-over-quarter from 28.7% in Q4 2025, and down 205.0% on a YoY basis from 26.65% in Q1 2025.
Mercadolibre (MELI) Tax Rate (2009 - 2026) Analysis & Trends
Mercadolibre's Tax Rate history runs 18 years deep, the most recent figure standing at 27.98% for Q1 2026.
- In Q1 2026, Tax Rate fell 205.0% year-over-year to 27.98%; the TTM figure through Mar 2026 stood at 29.28% (up 685.0% YoY), while the FY2025 annual figure was 29.73%, up 831.0% from the prior year.
- Tax Rate was 27.98% for Q1 2026 at Mercadolibre, down from 28.7% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 46.75% in Q4 2022 to a low of 16.25% in Q4 2024.
- Historically, Tax Rate has averaged 30.98% across 5 years, with a median of 28.7% in 2025.
- Biggest YoY gain for Tax Rate was 5887 bps in 2022; the steepest drop was 39856 bps in 2022.
- A 5-year view of Tax Rate shows it stood at 46.75% in 2022, then sank by 40 bps to 28.26% in 2023, then slumped by 42 bps to 16.25% in 2024, then surged by 77 bps to 28.7% in 2025, then slipped by 3 bps to 27.98% in 2026.
- The last three Tax Rate figures came in at 27.98% (Q1 2026), 28.7% (Q4 2025), and 33.81% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 24.00% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 27.98% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 4.19% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | -30.47% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 17.15% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -4.31% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 5.40% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -0.96% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 23.40% |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 27.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.98% |
| Mar 31, 2026 | 27.98% |
| Dec 31, 2025 | 28.70% |
| Dec 31, 2025 | 28.70% |
| Sep 30, 2025 | 33.81% |
| Sep 30, 2025 | 33.81% |
| Jun 30, 2025 | 26.96% |
| Jun 30, 2025 | 26.96% |
| Mar 31, 2025 | 30.03% |
| Mar 31, 2025 | 30.03% |
| Dec 31, 2024 | 16.25% |
| Dec 31, 2024 | 16.25% |
| Sep 30, 2024 | 23.65% |
| Sep 30, 2024 | 23.65% |
| Jun 30, 2024 | 20.51% |
| Jun 30, 2024 | 20.51% |
| Mar 31, 2024 | 28.48% |
| Mar 31, 2024 | 28.48% |
| Dec 31, 2023 | 28.26% |
| Dec 31, 2023 | 28.26% |