Mercadolibre (MELI) Tax Rate (2009 - 2026)
Mercadolibre (MELI) posted quarterly Tax Rate of 27.98% for Q1 2026, down 205.0% year-over-year from 26.65% in Q1 2025, and down 2.51% quarter-over-quarter from 28.7% in Q4 2025.
Analysis
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 for Q1 2026 stood at 27.98%, down from 28.7% 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.
- The 5-year median for Tax Rate is 28.7% (2025), against an average of 30.98%.
- Peak annual rise in Tax Rate reached 5887 bps in 2022, while the deepest fall reached 39856 bps in 2022.
- Mercadolibre's 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 jumped by 77 bps to 28.7% in 2025, then decreased by 3 bps to 27.98% in 2026.
- Business Quant data shows MELI's Tax Rate at 27.98% in Q1 2026, 28.7% in Q4 2025, and 33.81% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,738.66 Bn | 2,615.68 Bn | 198.88 Bn | 23.03% |
| 2 | PDD Holdings | 116.88 Bn | -48,009.53 Bn | 9.45 Bn | -14.82% |
| 3 | DoorDash | 99.21 Bn | 93.86 Bn | 2.35 Bn | 3.86% |
| 4 | Mercadolibre | 98.87 Bn | 83.68 Bn | 4.16 Bn | 23.10% |
| 5 | Sea | 68.20 Bn | 59.80 Bn | 3.55 Bn | -35.01% |
| 6 | Ebay | 47.01 Bn | 43.70 Bn | 2.30 Bn | 16.99% |
| 7 | JD.com | 39.74 Bn | 7.19 Bn | 16.50 Bn | -18.20% |
| 8 | Coupang | 28.51 Bn | 22.40 Bn | 2.49 Bn | -6.94% |
| 9 | Wayfair | 12.61 Bn | 11.46 Bn | 1.05 Bn | 150.00% |
| 10 | Maplebear | 11.77 Bn | 10.92 Bn | 751.00 Mn | 24.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.10 |
| Jun 30, 2026 | 23.10 |
| Jun 30, 2026 | 23.10 |
| Mar 31, 2026 | 27.98 |
| Mar 31, 2026 | 27.98 |
| Mar 31, 2026 | 27.98 |
| Dec 31, 2025 | 28.70 |
| Dec 31, 2025 | 28.70 |
| Dec 31, 2025 | 28.70 |
| Sep 30, 2025 | 33.81 |
| Sep 30, 2025 | 33.81 |
| Sep 30, 2025 | 33.81 |
| Jun 30, 2025 | 26.96 |
| Jun 30, 2025 | 26.96 |
| Jun 30, 2025 | 26.96 |
| Mar 31, 2025 | 30.03 |
| Mar 31, 2025 | 30.03 |
| Mar 31, 2025 | 30.03 |
| Dec 31, 2024 | 16.25 |
| Dec 31, 2024 | 16.25 |