MercadoLibre, Inc. (MELI) Earnings History
Annual and quarterly earnings data from 2002 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 44.5% | 11.1% | 6.9% |
| 2024 | 46.1% | 12.7% | 9.2% |
| 2023 | 50.2% | 14.6% | 6.5% |
| 2022 | 48.2% | 9.9% | 4.5% |
| 2021 | 42.5% | 6.2% | 1.2% |
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MercadoLibre, Inc. (MELI) Earnings Overview
As of March 2, 2026, MercadoLibre, Inc. (MELI) reported trailing twelve-month net income of $2.00B, reflecting +0.0% year-over-year growth. The company earned $39.39 per diluted share over the past four quarters, with a net profit margin of 0.1%.
Looking at the long-term picture, MELI's historical earnings data spans multiple years. The company achieved its highest annual net income of $2.00B in fiscal 2025, representing a new all-time high.
MercadoLibre, Inc. maintains positive profitability with a gross margin of 0.4%, operating margin of 0.1%, and net margin of 0.1%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including BABA ($123.35B net income, 0.1% margin), AMZN ($77.67B net income, 0.1% margin), PDD ($102.27B net income, 0.3% margin), MELI has room to improve margins relative to the peer group. Compare MELI vs BABA →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
23 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.00B | +4.5% | $3.20B | $39.39 | 6.9% | 11.1% |
| 2024 | $1.91B | +93.6% | $2.63B | $37.69 | 9.2% | 12.7% |
| 2023 | $987M | +104.8% | $2.21B | $19.46 | 6.5% | 14.6% |
| 2022 | $482M | +480.7% | $1.07B | $9.53 | 4.5% | 9.9% |
| 2021 | $83M | +8400.0% | $441M | $1.67 | 1.2% | 6.2% |
| 2020 | -$1M | +99.4% | $128M | $-0.01 | -0.0% | 3.2% |
| 2019 | -$172M | -370.1% | -$153M | $-3.53 | -7.5% | -6.7% |
| 2018 | -$37M | -365.5% | -$69M | $-0.82 | -2.5% | -4.8% |
| 2017 | $14M | -89.9% | $56M | $0.31 | 1.1% | 4.6% |
| 2016 | $136M | +28.9% | $181M | $3.09 | 16.1% | 21.4% |
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Start ComparisonFrequently Asked Questions
Is MELI growing earnings?
MELI TTM EPS: $39.39. Net income: $2.0B. Earnings growth: +0.0%.
What are MELI's profit margins?
MercadoLibre, Inc. net margin is +0.1%, with operating margin at +0.1%. Below-average margins reflect competitive or cost pressures.
How consistent are MELI's earnings?
MELI earnings data spans 2002-2025. The current earnings trend is +0.0% YoY. Historical data enables comparison across business cycles.