Operating
Change in Inventories
Mercado Libre Change in Inventories increased by 83.3% to $88.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 91.3%, from $46.00M to $88.00M. Over 3 years (FY 2021 to FY 2025), Change in Inventories shows an upward trend with a 18.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026May 8, 2026
How to read this metric
A decrease is often positive as it signals efficient inventory turnover and cash release, provided it does not lead to stockouts.
Detailed definition
This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...
Peer comparison
Highly dependent on industry; manufacturing and device companies typically maintain higher inventory levels than software firms.
Metric ID:
change_in_inventoriesHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $28.00M | $67.00M | $28.00M | -$38.00M | -$43.00M | -$21.00M | -$12.00M | $39.00M | $27.00M | $19.00M | -$11.00M | $56.00M | $65.00M | $3.00M | $46.00M | $54.00M | $87.00M | $48.00M | $88.00M |
| QoQ Change | — | +139.3% | -58.2% | -235.7% | -13.2% | +51.2% | +42.9% | +425.0% | -30.8% | -29.6% | -157.9% | +609.1% | +16.1% | -95.4% | >999% | +17.4% | +61.1% | -44.8% | +83.3% |
| YoY Change | — | — | — | — | -253.6% | -131.3% | -142.9% | +202.6% | +162.8% | +190.5% | -128.2% | +107.4% | +242.1% | — | +518.2% | -3.6% | +33.8% | >999% | +91.3% |
Range-$43.00M – $88.00M
CAGR+29.0%
Avg YoY Growth+170.7%
Median YoY Growth+99.4%
Change in Inventories at Other Companies
Frequently Asked Questions
- What is Mercado Libre's change in inventories?
- Mercado Libre (MELI) reported change in inventories of $88.00M in Q1 2026.
- How has Mercado Libre's change in inventories changed year-over-year?
- Mercado Libre's change in inventories increased by 91.3% year-over-year, from $46.00M to $88.00M.
- What is the long-term trend for Mercado Libre's change in inventories?
- Over 3 years (2021 to 2025), Mercado Libre's change in inventories has grown at a 18.3% compound annual growth rate (CAGR), from $142.00M to $235.00M.
- What does change in inventories mean?
- The change in the value of products and materials held in stock.