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
DateValue
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%