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% on a QoQ basis from 28.7% in Q4 2025.

Mercadolibre (MELI) Tax Rate (2009 - 2026) Analysis & Trends

Mercadolibre (MELI) has reported Tax Rate for 18 consecutive years, with 27.98% the latest figure, recorded in 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 came in at 27.98% for Q1 2026 at Mercadolibre, 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.
  • The largest YoY upside for Tax Rate was 5887 bps in 2022 against a maximum downside of 39856 bps in 2022.
  • Year by year, Tax Rate stood at 46.75% in 2022, then slumped by 40 bps to 28.26% in 2023, then tumbled by 42 bps to 16.25% in 2024, then surged by 77 bps to 28.7% in 2025, then fell by 3 bps to 27.98% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 27.98%, 28.7%, and 33.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Amazon Com 2,596.58 Bn 2,453.49 Bn 171.21 Bn 24.00%
2 PDD Holdings 461.36 Bn 436.70 Bn 12.81 Bn -24.77%
3 Zkh 323.97 Bn 323.97 Bn 286.49 Mn 5.40%
4 Mercadolibre 88.32 Bn 82.67 Bn 3.86 Bn 27.98%
5 DoorDash 82.24 Bn 77.38 Bn 2.04 Bn 4.19%
6 Ebay 49.85 Bn 45.99 Bn 2.29 Bn 17.15%
7 Coupang 33.12 Bn 33.03 Bn 2.30 Bn -4.31%
8 Wayfair 12.46 Bn 11.40 Bn 880.00 Mn -0.96%
9 Maplebear 10.73 Bn 10.04 Bn 738.00 Mn 23.40%
10 Chewy 8.52 Bn 8.00 Bn 1.01 Bn 27.80%

Historic Data

Download Data
DateValue
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