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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,933.31 Bn | 2,810.33 Bn | 198.88 Bn | 23.03% |
| 2 | PDD Holdings | 506.26 Bn | 446.72 Bn | 9.83 Bn | -26.74% |
| 3 | Mercadolibre | 98.02 Bn | 82.82 Bn | 4.16 Bn | 23.10% |
| 4 | DoorDash | 93.39 Bn | 88.04 Bn | 2.35 Bn | 3.86% |
| 5 | JD.com | 87.10 Bn | 57.92 Bn | 7.66 Bn | -17.80% |
| 6 | Sea | 77.91 Bn | 69.39 Bn | 3.15 Bn | -32.68% |
| 7 | Ebay | 47.36 Bn | 44.05 Bn | 2.30 Bn | 16.99% |
| 8 | Coupang | 29.71 Bn | 23.60 Bn | 2.49 Bn | -6.94% |
| 9 | Zkh | 16.19 Bn | 16.19 Bn | 51.11 Mn | 5.40% |
| 10 | Wayfair | 13.66 Bn | 12.52 Bn | 1.05 Bn | 150.00% |
Historic Data
Download 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% |