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Mercado Libre MELI Funds payable to customers

Funds payable to customers at other companies

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$2.73M+104%
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$41.74B+2.0%
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$7.76B+48.6%

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$92.3B-20.6%
Enterprise value$95.31B-19.5%
P/E49.6×-7.1×
P/S2.6×-2.2×

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

Reported directly by Mercado Libre in its filing.

Tagged under the XBRL concept meli:IncreaseDecreaseInFundsPayableToCustomers.

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

Filed
Aug 5, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001099590-26-000023
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Inventories(226)(100)
Other assets(179)(243)
Payables and accrued expenses1,038423
Funds payable to customers2,4561,636
Amounts payable due to credit and debit card transactions1,209415
Other liabilities695
Operating lease liabilities(255)(198)
Interest received from investments82220

ITEM 1 — UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS [1](#i29a70961b9504c2685a6df5c88b16eb4_16)

FAQ

What is Mercado Libre's funds payable to customers?
Mercado Libre (MELI) reported funds payable to customers of $1.87B in Q2 2026.
How has Mercado Libre's funds payable to customers changed year-over-year?
Mercado Libre's funds payable to customers increased by 18.6% year-over-year, from $1.58B to $1.87B.
What is the long-term trend for Mercado Libre's funds payable to customers?
Over 4 years (2021 to 2025), Mercado Libre's funds payable to customers has grown at a 60.3% compound annual growth rate (CAGR), from $808M to $5.34B.
What does funds payable to customers mean?
The net change in funds held by the company on behalf of its customers, typically within a digital wallet or payment processing ecosystem. This represents a liability to the company until the funds are withdrawn or spent.

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