Investing
CapEx
Mercado Libre CapEx decreased by 36.5% to $271.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.4%, from $272.00M to $271.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 23.7% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $150.11M | $161.87M | $148.28M | $137.00M | $99.00M | $106.00M | $112.00M | $89.00M | $114.00M | $126.00M | $180.00M | $146.00M | $183.00M | $222.00M | $309.00M | $272.00M | $287.00M | $357.00M | $427.00M | $271.00M |
| QoQ Change | — | +7.8% | -8.4% | -7.6% | -27.7% | +7.1% | +5.7% | -20.5% | +28.1% | +10.5% | +42.9% | -18.9% | +25.3% | +21.3% | +39.2% | -12.0% | +5.5% | +24.4% | +19.6% | -36.5% |
| YoY Change | — | — | — | — | -34.0% | -34.5% | -24.5% | -35.0% | +15.2% | +18.9% | +60.7% | +64.0% | +60.5% | +76.2% | +71.7% | +86.3% | +56.8% | +60.8% | +38.2% | -0.4% |
Range$89.00M – $427.00M
CAGR+13.2%
Avg YoY Growth+30.1%
Median YoY Growth+47.5%
CapEx at Other Companies
Frequently Asked Questions
- What is Mercado Libre's capex?
- Mercado Libre (MELI) reported capex of $271.00M in Q1 2026.
- How has Mercado Libre's capex changed year-over-year?
- Mercado Libre's capex decreased by 0.4% year-over-year, from $272.00M to $271.00M.
- What is the long-term trend for Mercado Libre's capex?
- Over 4 years (2021 to 2025), Mercado Libre's capex has grown at a 23.7% compound annual growth rate (CAGR), from $572.93M to $1.34B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.