Operating Income
Gross Profit
Mercado Libre Gross Profit increased by 2.1% to $3.86B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.4%, from $2.77B to $3.86B. Over 4 years (FY 2021 to FY 2025), Gross Profit shows an upward trend with a 43.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.
Detailed definition
The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...
Peer comparison
Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.
Metric ID:
gross_profitHistorical 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 | $753.92M | $806.59M | $853.17M | $1.07B | $1.28B | $1.35B | $1.46B | $1.54B | $1.72B | $2.00B | $1.96B | $2.02B | $2.37B | $2.44B | $2.75B | $2.77B | $3.09B | $3.21B | $3.78B | $3.86B |
| QoQ Change | — | +7.0% | +5.8% | +25.8% | +19.7% | +5.0% | +8.2% | +5.3% | +12.0% | +16.0% | -2.0% | +3.5% | +16.8% | +3.1% | +12.7% | +0.8% | +11.7% | +3.7% | +17.9% | +2.1% |
| YoY Change | — | — | — | — | +70.3% | +67.1% | +70.9% | +43.2% | +34.0% | +48.0% | +34.1% | +31.8% | +37.5% | +22.3% | +40.6% | +36.9% | +30.8% | +31.6% | +37.7% | +39.4% |
Range$753.92M – $3.86B
CAGR+41.0%
Avg YoY Growth+42.2%
Median YoY Growth+37.6%
Current Streak9 quarters growth
Gross Profit at Other Companies
Frequently Asked Questions
- What is Mercado Libre's gross profit?
- Mercado Libre (MELI) reported gross profit of $3.86B in Q1 2026.
- How has Mercado Libre's gross profit changed year-over-year?
- Mercado Libre's gross profit increased by 39.4% year-over-year, from $2.77B to $3.86B.
- What is the long-term trend for Mercado Libre's gross profit?
- Over 4 years (2021 to 2025), Mercado Libre's gross profit has grown at a 43.8% compound annual growth rate (CAGR), from $3.01B to $12.86B.
- What does gross profit mean?
- The money left over from sales after paying for the direct cost of goods sold.