Mercadolibre (MELI) Tax Rate (2009 - 2026)
Mercadolibre's Tax Rate was 23.10% in Q2 2026, down 3.85 percentage points from 26.96% a year earlier and down 4.88 percentage points from the prior quarter.
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Analysis
Mercadolibre (MELI) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mercadolibre's Tax Rate was 28.48% through Jun 30, 2026, up 4.38 percentage points year-over-year; for FY2025, it came in at 29.73%, up 8.31 percentage points from FY2024.
- Tax Rate shows a five-year change of -71.50 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 21.42% in FY2024 (-15.22 pp), 36.64% in FY2023 (-1.57 pp), 38.21% in FY2022 (-23.62 pp) and 61.83% in FY2021 (-39.41 pp).
- The Q2 2026 figure marks the lowest quarterly Tax Rate since Q4 2024.
- Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of +0.49 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2022 (a gain of 58.87 percentage points); the worst was Q1 2022 (a drop of 398.56 percentage points).
- Per Business Quant data, MELI's Tax Rate in the three quarters before Q2 2026 was 27.98% (Q1 2026), 28.70% (Q4 2025) and 33.81% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 18.20% |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 24.16% |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 15.13% |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | - |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 7.41% |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 28.54% |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 17.49% |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 26.52% |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 20.63% |
| 10 | Mercadolibre | 76.60 Bn | 52.63 Bn | 4.16 Bn | 23.10% |
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% |
| Sep 30, 2021 | 24.60% |
| Jun 30, 2021 | 50.72% |
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();