Services was Mercadolibre’s largest product and service line in fiscal 2025, bringing in $19.43B of $28.89B (67%).
| Product and Service | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Services | $7.65B | $11.07B | $15.04B | $19.43B | |||||||||||
| Credit Revenues | $2.03B | $2.55B | $3.60B | $5.86B | |||||||||||
| Service | — | — | — | — | |||||||||||
| Product Sales | $1.10B | $1.49B | $2.14B | $3.61B | |||||||||||
| Commerce | — | — | — | — | |||||||||||
| Fintech | — | — | — | — | |||||||||||
| Enchanced Marketplace | — | — | — | — | |||||||||||
| Marketplace | — | — | — | — | |||||||||||
| Non-Marketplace | — | — | — | — | |||||||||||
| Product | — | — | — | — | |||||||||||
| Total | $10.78B | $15.11B | $20.78B | $28.89B |
Mercadolibre brought in $28.89B from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 39.1% from $20.78B in fiscal 2024. Services was the largest at $19.43B (67.2%), ahead of Credit Revenues at $5.86B (20.3%) and Product Sales at $3.61B (12.5%).
Compared with fiscal 2024, Product Sales grew fastest, up 68.6% to $3.61B. Every line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these lines grew from $10.78B to $28.89B, a compound annual growth rate of 38.9%. Services' share of the total fell from 71.0% to 67.2%.
Brazil was Mercadolibre’s largest segment in fiscal 2025, bringing in $15.20B of $28.89B (53%).
| Segment | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Brazil | $5.80B | $7.82B | $11.41B | $15.20B | |||||||
| Argentina | $2.58B | $3.55B | $3.82B | $5.96B | |||||||
| Mexico | $1.89B | $3.07B | $4.66B | $6.48B | |||||||
| Other Countries | $514.00M | $665.00M | $889.00M | $1.26B | |||||||
| Venezuela | — | — | — | — | |||||||
| Total | $10.78B | $15.11B | $20.78B | $28.89B |
Mercadolibre brought in $28.89B from its four segments in fiscal 2025, the year ended December 31, 2025. That was up 39.1% from $20.78B in fiscal 2024. Brazil was the largest at $15.20B (52.6%), ahead of Mexico at $6.48B (22.4%) and Argentina at $5.96B (20.6%). The remaining segment, Other Countries, brought in $1.26B.
Compared with fiscal 2024, Argentina grew fastest, up 56.2% to $5.96B. Every segment above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these segments grew from $10.78B to $28.89B, a compound annual growth rate of 38.9%. Brazil's share of the total fell from 53.8% to 52.6%.
Commerce was Mercadolibre’s largest segment in fiscal 2025, bringing in $16.29B of $28.89B (56%).
| Subsegments | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Commerce | $5.81B | $8.20B | $12.16B | $16.29B | ||
| Fintech | $4.97B | $6.91B | $8.62B | $12.60B | ||
| Total | $10.78B | $15.11B | $20.78B | $28.89B |
Mercadolibre brought in $28.89B from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 39.1% from $20.78B in fiscal 2024. Commerce was the largest at $16.29B (56.4%), ahead of Fintech at $12.60B (43.6%).
Compared with fiscal 2024, Fintech grew 46.2% to $12.60B and Commerce grew 34.0% to $16.29B. From fiscal 2022 to 2025, combined revenue from these segments grew from $10.78B to $28.89B, a compound annual growth rate of 38.9%. Commerce's share of the total rose from 53.9% to 56.4%.
Mercadolibre (MELI) reports its revenue by product and service, by segment and by subsegments. In fiscal 2025, Services was its largest product and service line, bringing in $19.43B (67.2% of the total), followed by Credit Revenues at $5.86B (20.3%).
Services was Mercadolibre's largest product and service line in fiscal 2025, bringing in $19.43B, or 67.2% of the $28.89B total across its three product and service lines.
Brazil was Mercadolibre's largest segment in fiscal 2025, bringing in $15.20B, or 52.6% of the $28.89B total across its four segments.
Among Mercadolibre's product and service lines that make up at least 2% of revenue, Product Sales grew fastest in fiscal 2025, up 68.6% from $2.14B to $3.61B.
Every figure comes from Mercadolibre's annual financial filings, as reported. Each line keeps the name Mercadolibre gives it, and years follow its fiscal calendar.
Mercadolibre's revenue by product and service goes back to fiscal 2011, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.