Skip to content
Screener

Mercado Libre MELI Q4 2025 Annual earnings

Reported February 24, 2026 · After market close

Revenue$8.8BBeat by $309.4M
EPS$11.03Miss by $0.42
Revenue estimate$8.4B
EPS estimate$11.45

Next report

Nov 4, 2026 (in a month)
Revenue estimate$10.6B
EPS estimate$9.42

Financials

Q4 2025

Income statement

See full
Revenue$8.8B+44.6%
Gross profit$3.8B+37.7%
Operating income$889.0M+8.4%
Net income$559.0M-12.5%
EPS (diluted)$11.03-12.5%

Balance sheet

See full
Cash & equivalents$13.5B+188%
Total debt$16.1B+132%
Total equity$6.7B+55.1%
Total assets$42.7B+69.3%

Cash flow

See full
Operating cash flow$5.2B+78.1%
CapEx$427.0M+40.0%
Free cash flow$4.8B+82.6%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$102.12B+18.5%
Enterprise value$104.73B+18.4%
P/E51.1×+6.0×
P/S3.5×-0.6×

Profitability

See full
Gross margin44.5%-1.6pp
Operating margin11.1%-1.6pp
Net margin6.9%-2.3pp
FCF margin37.3%+3.3pp

Returns & leverage

See full
Return on equity36%-15.5pp
Debt / equity2.4×+0.8×
Current ratio1.2×0.0×

Segments

By segment

See full
Brazil$4.6B+47.9%
Mexico$2.1B+55.6%
Argentina$1.6B+23.3%

By product

See full
Services$3.8B+32.3%
Credit revenues$1.9B+77.1%

FAQ

When did Mercado Libre report Q4 2025 earnings?
Mercado Libre (MELI) reported Q4 2025 earnings on February 24, 2026 after market close.
What were Mercado Libre's Q4 2025 revenue and EPS?
Mercado Libre reported revenue of $8.8B and eps of $11.03 for Q4 2025.
Did Mercado Libre beat estimates in Q4 2025?
Revenue beat the consensus estimate of $8.4B by $309.4M. EPS missed the consensus estimate of $11.45 by $0.42.
How did Mercado Libre's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 44.6% from $6.1B a year earlier and eps declined 12.5% from $12.61.
Where can I find Mercado Libre's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001099590-26-000003) and the 10-K periodic report (0001099590-26-000006) directly on SEC EDGAR. The filing index links above go to sec.gov.