MELIMercadoLibre, Inc.

$1,889.80-23% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: revenue growing +46% year on year, but earnings down −9% year on year and operating margin narrowing (−3.9 points).

1 good, 2 to watch
Revenue trend+46% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +45% a year.

Earnings trend−9% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing slower than revenue, so the growth is costing something.

Margin direction−3.9 points operating

Trailing-twelve-month operating margin, 8.4% now against 12.3% a year earlier.

All from SEC EDGAR, as of Jun 30, 2026.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is MELI growing?

MercadoLibre, Inc. has grown revenue 41% a year over three years and 45% a year over five, with earnings per share compounding at 35%.

+41%

Revenue growth, 3-year annual rate · Internet Retail median +11% · compounding fast · compounded from trailing twelve-month revenue

Revenue growth, 5-year rate
+45%

Revenue growth, 5-year rate · +41% over three · growth has slowed since the five-year average

Earnings per share, 3-year rate
+35%

Earnings per share, 3-year rate · revenue +41% · earnings lagged revenue: the growth is costing something

Years of annual history on file
18

Years of annual history on file · FY2008 to FY2025, as filed

Details›
Revenue FY2021
$7.07B
Revenue FY2022
$10.8B
Revenue FY2023
$15.1B
Revenue FY2024
$20.8B
Revenue FY2025
$28.9B

Annual income statements as filed with the SEC.