MercadoLibre Inc. (MELI) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
DR. LUIS BONAVITA 1294 OF. 1733 TOWER II MONTEVIDEO, 11300 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 7,120 | 6,036 | 4,249 | 3,394 | 2,461 | 2,982 | |||
| Cash and cash equivalent | 2,635 | 2,556 | 1,910 | 2,585 | 1,856 | 1,385 | |||
| Short-term investments | 4,485 | 3,480 | 2,339 | 810 | 1,241 | 1,597 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | (637) | ||||||||
| Restricted cash and investments | 2,064 | 1,292 | 1,453 | 1,063 | 652 | 67 | |||
| Receivables | 4,971 | 156 | 1,834 | 1,297 | 435 | 218 | |||
| Inventory, net of allowances, customer advances and progress billings | 296 | 238 | 152 | 253 | 118 | 9 | |||
| Inventory | 296 | 238 | 152 | 253 | 118 | 9 | |||
| Prepaid expense | 38 | 40 | 28 | 45 | |||||
| Other current assets | 403 | 277 | 266 | 287 | 153 | 89 | |||
| Financing receivable, excluding accrued interest, after allowance for credit loss | ✕ | ✕ | 2,629 | ✕ | ✕ | ||||
| Other undisclosed current assets | 5,288 | 3,666 | 2,961 | 1,839 | 1,500 | 380 | |||
| Total current assets: | 20,142 | 14,294 | 10,953 | 8,175 | 5,347 | 3,789 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | |||||||||
| Operating lease, right-of-use asset | 1,098 | 899 | 656 | 461 | 303 | 200 | |||
| Property, plant and equipment | 993 | 807 | 392 | 244 | |||||
| Long-term investments and receivables | 1,382 | 162 | 354 | 150 | 183 | 270 | |||
| Long-term investments | 1,203 | 162 | 322 | 89 | 166 | 264 | |||
| Accounts and financing receivable, after allowance for credit loss | 179 | 32 | 61 | 17 | 6 | ||||
| Intangible assets, net (including goodwill) | 161 | 174 | 178 | 193 | 99 | 102 | |||
| Goodwill | 149 | 163 | 153 | 148 | 85 | 88 | |||
| Intangible assets, net (excluding goodwill) | 12 | 11 | 25 | 45 | 14 | 14 | |||
| Other undisclosed intangible assets, net (including goodwill) | |||||||||
| Deferred income tax assets | 802 | 710 | 346 | 181 | 135 | 118 | |||
| Other noncurrent assets | 182 | 68 | 256 | 134 | 68 | 58 | |||
| Financing receivable, excluding accrued interest, after allowance for credit loss | ✕ | ✕ | 65 | ✕ | ✕ | ||||
| Other undisclosed noncurrent assets | 1,429 | 1,274 | |||||||
| Total noncurrent assets: | 5,054 | 3,352 | 2,783 | 1,926 | 1,180 | 993 | |||
| TOTAL ASSETS: | 25,196 | 17,646 | 13,736 | 10,101 | 6,526 | 4,782 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 3,196 | 2,117 | 1,393 | 1,036 | 767 | 372 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 291 | 216 | 60 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 313 | 207 | 102 | ||
| Accrued liabilities | 1,252 | 1,022 | 815 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 1,944 | 1,095 | 578 | 431 | 344 | 210 | |||
| Debt | 2,828 | 2,292 | 2,131 | 1,285 | 548 | 186 | |||
| Other liabilities | 209 | 119 | 129 | 88 | 109 | 114 | |||
| Other undisclosed current liabilities | 10,370 | 6,769 | 4,909 | 3,427 | 2,212 | 1,079 | |||
| Total current liabilities: | 16,603 | 11,297 | 8,562 | 5,837 | 3,636 | 1,752 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 2,887 | 2,203 | 2,627 | 2,233 | 861 | 631 | |||
| Long-term debt, excluding current maturities | 223 | 89 | 169 | 596 | 569 | ||||
| Finance lease, liability | 81 | 96 | 37 | 36 | 16 | 7 | |||
| Other undisclosed long-term debt and lease obligation | 2,583 | 2,018 | 2,421 | 2,198 | 249 | 55 | |||
| Liabilities, other than long-term debt | 1,314 | 1,055 | 715 | 104 | 85 | 113 | |||
| Deferred income tax liabilities | 204 | 183 | 106 | 62 | 64 | 100 | |||
| Other liabilities | 216 | 200 | 95 | 41 | 20 | 13 | |||
| Operating lease, liability | 894 | 672 | 514 | ||||||
| Other undisclosed noncurrent liabilities | 41 | 20 | 5 | 396 | 293 | 203 | |||
| Total noncurrent liabilities: | 4,242 | 3,278 | 3,347 | 2,733 | 1,239 | 947 | |||
| Total liabilities: | 20,845 | 14,575 | 11,909 | 8,569 | 4,875 | 2,700 | |||
| Temporary equity, including noncontrolling interest | 99 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent | 4,351 | 3,071 | 1,827 | 1,532 | 1,652 | 1,983 | |||
| Common stock | 0 | 0 | 0 | ||||||
| Treasury stock, value | (311) | (310) | (931) | (790) | (55) | (1) | |||
| Additional paid in capital | 1,770 | 1,770 | 2,309 | 2,439 | 1,861 | 2,068 | |||
| Accumulated other comprehensive loss | (920) | (290) | (464) | (515) | (468) | (407) | |||
| Retained earnings | 3,812 | 1,901 | 913 | 397 | 314 | 323 | |||
| Total equity: | 4,351 | 3,071 | 1,827 | 1,532 | 1,652 | 1,983 | |||
| TOTAL LIABILITIES AND EQUITY: | 25,196 | 17,646 | 13,736 | 10,101 | 6,526 | 4,782 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 20,777 | 14,473 | 10,537 | 7,069 | 3,973 | 2,296 | ||
| Gain on disposition of assets for financial service operations | 575 | 453 | 359 | |||||
| Cost of revenue (Cost of Product and Service Sold) | (11,200) | (7,267) | (5,374) | (4,064) | (2,264) | (1,194) | ||
| Gross profit: | 9,577 | 7,206 | 5,163 | 3,005 | 1,709 | 1,102 | ||
| Operating expenses | (6,946) | (5,383) | (4,129) | (2,564) | (1,582) | (1,255) | ||
| Operating income (loss): | 2,631 | 1,823 | 1,034 | 441 | 128 | (153) | ||
| Nonoperating income (expense) | (34) | 108 | 67 | 29 | 60 | 112 | ||
| Investment income, nonoperating | 148 | 723 | 265 | 138 | 103 | 114 | ||
| Loss, foreign currency transaction, before tax | (182) | (615) | (198) | (109) | (42) | (2) | ||
| Interest and debt expense | 11 | 14 | (8) | (5) | (3) | (2) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (104) | (64) | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 2,608 | 1,945 | 1,093 | 464 | 81 | (107) | ||
| Other undisclosed loss from continuing operations before income taxes | (176) | (392) | (313) | (224) | ||||
| Income (loss) from continuing operations before income taxes: | 2,432 | 1,553 | 780 | 241 | 81 | (107) | ||
| Income tax expense | (521) | (569) | (298) | (149) | (82) | (65) | ||
| Income (loss) from continuing operations: | 1,911 | 984 | 482 | 92 | (1) | (172) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 92 | (1) | (172) | |
| Net income (loss): | 1,911 | 984 | 482 | 92 | (1) | (172) | ||
| Other undisclosed net income (loss) attributable to parent | 3 | (9) | ||||||
| Net income (loss) attributable to parent: | 1,911 | 987 | 482 | 83 | (1) | (172) | ||
| Preferred stock dividends and other adjustments | (3) | 3 | ||||||
| Other undisclosed net loss available to common stockholders, basic | (12) | |||||||
| Net income (loss) available to common stockholders, basic: | 1,911 | 987 | 482 | 83 | (4) | (181) | ||
| Other undisclosed net income available to common stockholders, diluted | 6 | 7 | ||||||
| Net income (loss) available to common stockholders, diluted: | 1,911 | 993 | 489 | 83 | (4) | (181) | ||
Comprehensive Income ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,911 | 984 | 482 | 92 | (1) | (172) | ||
| Other comprehensive income (loss) | 51 | (47) | (62) | (15) | ||||
| Comprehensive income (loss): | 1,911 | 984 | 533 | 45 | (62) | (187) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (630) | 177 | (9) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,281 | 1,161 | 533 | 36 | (62) | (187) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.