Mercadolibre (MELI) Tax Rate (2009 - 2026)
Mercadolibre's quarterly Tax Rate came in at 27.98% in Q1 2026, down 205.0% year-on-year from 26.65% in Q1 2025, and down 2.51% quarter-over-quarter from 28.7% in Q4 2025.
Mercadolibre has reported Tax Rate for 18 years, with the latest figure at 27.98% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 205.0% year-over-year to 27.98%; the trailing twelve-month figure through Mar 2026 stood at 29.28% (up 685.0% YoY), and the FY2025 full-year result 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.
- Average Tax Rate over 5 years is 30.98%, with a median of 28.7% recorded in 2025.
- Peak annual rise in Tax Rate reached 5887 bps in 2022, while the deepest fall reached 39856 bps in 2022.
- Tracing MELI's Tax Rate over 5 years: 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 dropped 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 | 2,861.08 Bn | 2,717.99 Bn | 171.21 Bn | 24.00 |
| 2 | Alibaba Group Holding | 348.49 Bn | 315.38 Bn | 12.18 Bn | -20.37 |
| 3 | Mercadolibre | 84.38 Bn | 78.73 Bn | 3.86 Bn | 27.98 |
| 4 | DoorDash | 69.78 Bn | 64.91 Bn | 2.04 Bn | 4.19 |
| 5 | Ebay | 51.86 Bn | 48.00 Bn | 2.29 Bn | 17.15 |
| 6 | Coupang | 29.42 Bn | 29.33 Bn | 2.30 Bn | -4.31 |
| 7 | Maplebear | 9.86 Bn | 9.17 Bn | 738.00 Mn | 23.40 |
| 8 | Wayfair | 8.79 Bn | 7.72 Bn | 880.00 Mn | -0.96 |
| 9 | Chewy | 8.58 Bn | 7.71 Bn | 959.70 Mn | 6.89 |
| 10 | Etsy | 6.00 Bn | 4.58 Bn | 455.60 Mn | 19.03 |
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 |
| Sep 30, 2023 | 32.39 |
| Sep 30, 2023 | 32.39 |
| Jun 30, 2023 | 44.49 |
| Jun 30, 2023 | 44.49 |
| Mar 31, 2023 | 38.13 |
| Mar 31, 2023 | 38.13 |
| Dec 31, 2022 | 46.75 |
| Dec 31, 2022 | 46.75 |
| Sep 30, 2022 | 34.85 |
| Sep 30, 2022 | 34.85 |
| Jun 30, 2022 | 23.93 |
| Jun 30, 2022 | 23.93 |
| Mar 31, 2022 | 41.44 |
| Mar 31, 2022 | 41.44 |
| Dec 31, 2021 | -12.12 |
| Dec 31, 2021 | -12.12 |
| Sep 30, 2021 | 24.60 |
| Sep 30, 2021 | 24.60 |
| Jun 30, 2021 | 50.72 |
| Jun 30, 2021 | 50.72 |
| Mar 31, 2021 | 440.00 |
| Mar 31, 2021 | 440.00 |
| Dec 31, 2020 | 188.26 |
| Dec 31, 2020 | 188.26 |
| Sep 30, 2020 | 71.45 |
| Sep 30, 2020 | 71.45 |
| Jun 30, 2020 | 37.38 |
| Jun 30, 2020 | 37.38 |
| Mar 31, 2020 | -26.55 |
| Mar 31, 2020 | -26.55 |
| Dec 31, 2019 | 14.25 |
| Dec 31, 2019 | 14.25 |
| Sep 30, 2019 | -118.27 |
| Sep 30, 2019 | -118.27 |
| Jun 30, 2019 | -122.15 |
| Jun 30, 2019 | -122.15 |
| Mar 31, 2019 | 22.74 |
| Mar 31, 2019 | 22.74 |
| Dec 31, 2018 | 65.80 |
| Dec 31, 2018 | 65.80 |
| Sep 30, 2018 | 29.58 |
| Sep 30, 2018 | 29.58 |
| Jun 30, 2018 | 40.63 |
| Jun 30, 2018 | 40.63 |
| Mar 31, 2018 | 49.05 |
| Mar 31, 2018 | 49.05 |
| Dec 31, 2017 | -42.71 |
| Dec 31, 2017 | -42.71 |
| Sep 30, 2017 | 24.52 |
| Sep 30, 2017 | 24.52 |
| Jun 30, 2017 | 57.20 |
| Jun 30, 2017 | 57.20 |
| Mar 31, 2017 | 30.35 |
| Mar 31, 2017 | 30.35 |
| Dec 31, 2016 | 33.21 |
| Dec 31, 2016 | 33.21 |
| Sep 30, 2016 | 25.58 |
| Sep 30, 2016 | 25.58 |
| Jun 30, 2016 | 43.80 |
| Jun 30, 2016 | 43.80 |
| Mar 31, 2016 | 18.70 |
| Mar 31, 2016 | 18.70 |
| Dec 31, 2015 | 26.52 |
| Dec 31, 2015 | 26.52 |
| Sep 30, 2015 | 4.15 |
| Sep 30, 2015 | 4.15 |
| Jun 30, 2015 | 41.85 |
| Jun 30, 2015 | 41.85 |
| Mar 31, 2015 | 89.49 |
| Mar 31, 2015 | 89.49 |
| Dec 31, 2014 | -7.21 |
| Dec 31, 2014 | -7.21 |
| Sep 30, 2014 | 34.86 |
| Sep 30, 2014 | 34.86 |
| Jun 30, 2014 | -34.09 |
| Jun 30, 2014 | -34.09 |
| Mar 31, 2014 | 22.44 |
| Mar 31, 2014 | 22.44 |
| Dec 31, 2013 | 26.84 |
| Dec 31, 2013 | 26.84 |
| Sep 30, 2013 | 29.29 |
| Sep 30, 2013 | 29.29 |
| Jun 30, 2013 | 26.28 |
| Jun 30, 2013 | 26.28 |
| Mar 31, 2013 | 30.88 |
| Mar 31, 2013 | 30.88 |
| Dec 31, 2012 | 28.37 |
| Dec 31, 2012 | 28.37 |
| Sep 30, 2012 | 27.50 |
| Sep 30, 2012 | 27.50 |
| Jun 30, 2012 | 27.72 |
| Jun 30, 2012 | 27.72 |
| Mar 31, 2012 | 27.01 |
| Mar 31, 2012 | 27.01 |
| Dec 31, 2011 | 29.89 |
| Dec 31, 2011 | 29.89 |
| Sep 30, 2011 | 25.08 |
| Sep 30, 2011 | 25.08 |
| Jun 30, 2011 | 34.01 |
| Jun 30, 2011 | 34.01 |
| Mar 31, 2011 | 29.91 |
| Mar 31, 2011 | 29.91 |
| Dec 31, 2010 | 27.79 |
| Dec 31, 2010 | 27.79 |
| Sep 30, 2010 | 4.86 |
| Sep 30, 2010 | 4.86 |
| Jun 30, 2010 | 28.56 |
| Jun 30, 2010 | 28.56 |
| Mar 31, 2010 | 29.78 |
| Mar 31, 2010 | 29.78 |
| Dec 31, 2009 | 24.40 |
| Dec 31, 2009 | 24.40 |
| Sep 30, 2009 | 20.48 |
| Sep 30, 2009 | 20.48 |
| Jun 30, 2009 | 19.84 |
| Jun 30, 2009 | 19.84 |