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Mercado Libre MELI EBITDA margin

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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$97.47B-17.0%
Enterprise value$100.48B-16.0%
P/E52.3×-4.9×
P/S2.8×-2.1×

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

Calculated from Mercado Libre’s reported figures.

Based on trailing twelve months.

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

Filed
Aug 5, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001099590-26-000023

FAQ

What is Mercado Libre's EBITDA margin?
Mercado Libre (MELI) reported EBITDA margin of 11.1% in Q2 2026.
How has Mercado Libre's EBITDA margin changed year-over-year?
Mercado Libre's EBITDA margin decreased by 26.9% year-over-year, from 15.1% to 11.1%.
What is the long-term trend for Mercado Libre's EBITDA margin?
Over 4 years (2021 to 2025), Mercado Libre's EBITDA margin has grown at a 11.1% compound annual growth rate (CAGR), from 9.1% to 13.9%.
What does EBITDA margin mean?
EBITDA (earnings before interest, taxes, depreciation, and amortization) as a percentage of revenue, trailing twelve months. A proxy for cash operating profitability that strips out capital-structure and non-cash charges.

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