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
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%