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Mercado Libre MELI Brazil — Restricted collateral foreign deposits

Other financials

Income statement

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Revenue$8.8B+49.0%
Gross profit$3.9B+39.4%
Operating income$611.0M-19.9%
Net income$417.0M-15.6%
EPS (diluted)$8.23-15.5%

Balance sheet

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Cash & equivalents$15.1B+237%
Total debt$12.5B+59.0%
Total equity$7.3B+45.5%
Total assets$46.9B+69.5%

Cash flow

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Operating cash flow$2.1B+101%
CapEx$271.0M-0.4%
Free cash flow$1.8B+138%

Valuation

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Market cap$96.26B-20.7%
Enterprise value$93.59B-24.3%
P/E50.1×-9.0×
P/S-2.0×

Profitability

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Gross margin43.9%-2.3pp
Operating margin9.6%-3.2pp
Net margin6%-3.2pp
FCF margin37.2%+8.3pp

Returns & leverage

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Return on equity31.3%-17.8pp
Debt / equity1.7×+0.1×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Mercado Libre in its filing.

Tagged under the XBRL concept meli:DepositsRestrictedForeignCollateral.

The source filing: Mercado Libre’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 4:05 PM EST
Fiscal year
FY2025
Accession
0001099590-26-000006

(2) As of December 31, 2025 and 2024, includes $74 million and $42 million of collateral as part of credit card scheme arrangement rules in Brazil, and is considered restricted. As of December 31, 2025 and 2024, the time deposits in excess of $100 thousand, are in majority foreign deposits.

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Mercado Libre's brazil — restricted collateral foreign deposits?
Mercado Libre (MELI) reported brazil — restricted collateral foreign deposits of $74M in Q4 2025.

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