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Mercado Libre MELI Accrued Manufacturing Costs

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Other financials

Income statement

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Revenue$10.2B+49.8%
Gross profit$4.2B+34.4%
Operating income$683.0M-17.2%
Net income$466.0M-10.9%
EPS (diluted)$9.19-10.9%

Balance sheet

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Cash & equivalents$16.8B+143%
Total debt$19.8B+117%
Total equity$7.8B+37.1%
Total assets$51.4B+55.9%

Cash flow

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Operating cash flow$3.7B+25.5%
CapEx$441.0M+53.7%
Free cash flow$3.2B+22.5%

Valuation

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Market cap$92.78B-21.0%
Enterprise value$95.79B-20.0%
P/E49.8×-7.4×
P/S2.6×-2.2×

Profitability

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Gross margin42.7%-3.2pp
Operating margin8.3%-4.0pp
Net margin5.3%-3.2pp
FCF margin35.3%+4.6pp

Returns & leverage

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Return on equity27.5%-16.3pp
Debt / equity2.5×+0.9×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Mercado Libre in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Mercado Libre’s 10-Q, filed August 6, 2026.

Filed
Aug 5, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001099590-26-000023
Line itemJune 30,2026December 31,2025
Accounts payable and accrued expenses$5,739$4,502
Funds payable to customers16,03513,029
Amounts payable due to credit and debit card transactions4,9963,584
Salaries and social security payable830916
Taxes payable1,2191,140
Loans payable and other financial liabilities6,4824,623
Operating lease liabilities513430
Other liabilities558409

ITEM 1 — UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS [1](#i29a70961b9504c2685a6df5c88b16eb4_16)

FAQ

What is Mercado Libre's accrued manufacturing costs?
Mercado Libre (MELI) reported accrued manufacturing costs of $830M in Q2 2026.
How has Mercado Libre's accrued manufacturing costs changed year-over-year?
Mercado Libre's accrued manufacturing costs increased by 23.9% year-over-year, from $670M to $830M.
What is the long-term trend for Mercado Libre's accrued manufacturing costs?
Over 5 years (2020 to 2025), Mercado Libre's accrued manufacturing costs has grown at a 34.6% compound annual growth rate (CAGR), from $207.36M to $916M.
What does accrued manufacturing costs mean?
Accrued liabilities related to manufacturing and production activities.

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