Mercadolibre (MELI) Tax Rate (2009 - 2026)
Mercadolibre (MELI) posted Tax Rate of 23.1% for Q2 2026, down 17.43% on a QoQ basis from 27.98% in Q1 2026, and down 385.0% year-over-year from 8.11% in Q2 2025.
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Analysis
Mercadolibre (MELI) Tax Rate (2009 - 2026) Analysis & Trends
Mercadolibre has reported Tax Rate for 18 years, with the latest figure at 23.1% in Q2 2026.
- On a quarterly basis, Tax Rate fell 385.0% year-over-year to 23.1% in Q2 2026; TTM through Jun 2026 was 28.48%, a 438.0% increase from a year earlier, with the FY2025 full-year figure at 29.73%, up 831.0% from the prior year.
- Tax Rate was 23.1% for Q2 2026 at Mercadolibre, down from 27.98% in the prior quarter.
- The five-year high for Tax Rate was 46.75% in Q4 2022, with the low at 16.25% in Q4 2024.
- Average Tax Rate over 5 years is 30.54%, with a median of 28.59% recorded in 2024.
- The largest YoY upside for Tax Rate was 5887 bps in 2022 against a maximum downside of 39856 bps in 2022.
- Over 5 years, Tax Rate stood at 46.75% in 2022, then plunged by 40 bps to 28.26% in 2023, then sank by 42 bps to 16.25% in 2024, then soared by 77 bps to 28.7% in 2025, then slipped by 20 bps to 23.1% in 2026.
- The last three Tax Rate figures came in at 23.1% (Q2 2026), 27.98% (Q1 2026), and 28.7% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | -48.43% |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 23.83% |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | -14.82% |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 9.03% |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 23.10% |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 16.99% |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 14.80% |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 24.49% |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | -19.33% |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 15.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.10% |
| Mar 31, 2026 | 27.98% |
| Dec 31, 2025 | 28.70% |
| Sep 30, 2025 | 33.81% |
| Jun 30, 2025 | 26.96% |
| Mar 31, 2025 | 30.03% |
| Dec 31, 2024 | 16.25% |
| Sep 30, 2024 | 23.65% |
| Jun 30, 2024 | 20.51% |
| Mar 31, 2024 | 28.48% |
| Dec 31, 2023 | 28.26% |
| Sep 30, 2023 | 32.39% |
| Jun 30, 2023 | 44.49% |
| Mar 31, 2023 | 38.13% |
| Dec 31, 2022 | 46.75% |
| Sep 30, 2022 | 34.85% |
| Jun 30, 2022 | 23.93% |
| Mar 31, 2022 | 41.44% |
| Dec 31, 2021 | -12.12% |
| Sep 30, 2021 | 24.60% |
API Access
Mercadolibre Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MELI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MELI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MELI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();