Mercadolibre EBITDA Margin Growth & History (MELI)
Mercadolibre's ebitda margin was 19.76% for fiscal 2025.
View full Mercadolibre company overviewMercadolibre annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 19.76% | −1.69 pp |
| 2024 | 2024-12-31 | 21.46% | −4.58 pp |
| 2023 | 2023-12-31 | 26.04% | +6.28 pp |
| 2022 | 2022-12-31 | 19.76% | +8.46 pp |
| 2021 | 2021-12-31 | 11.30% | +5.43 pp |
| 2020 | 2020-12-31 | 5.86% | +9.34 pp |
| 2019 | 2019-12-31 | −3.48% | −1.83 pp |
| 2018 | 2018-12-31 | −1.65% | −9.63 pp |
| 2017 | 2017-12-31 | 7.99% | −16.89 pp |
| 2016 | 2016-12-31 | 24.88% | −0.04 pp |
| 2015 | 2015-12-31 | 24.92% | +0.23 pp |
| 2014 | 2014-12-31 | 24.69% | −10.31 pp |
| 2013 | 2013-12-31 | 35.00% | −2.10 pp |
| 2012 | 2012-12-31 | 37.10% | +1.30 pp |
| 2011 | 2011-12-31 | 35.81% | −0.89 pp |
| 2010 | 2010-12-31 | 36.69% | +2.02 pp |
| 2009 | 2009-12-31 | 34.67% | +4.85 pp |
| 2008 | 2008-12-31 | 29.82% | — |
Mercadolibre quarterly ebitda margin
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 13.82% | −7.50 pp |
| Q1 2026 | 2026-03-31 | 14.13% | −8.18 pp |
| Q4 2025 | 2025-12-31 | 18.37% | −3.83 pp |
| Q3 2025 | 2025-09-30 | 17.93% | −0.41 pp |
| Q2 2025 | 2025-06-30 | 21.32% | −2.05 pp |
| Q1 2025 | 2025-03-31 | 22.31% | +0.30 pp |
| Q4 2024 | 2024-12-31 | 22.20% | +11.54 pp |
| Q3 2024 | 2024-09-30 | 18.33% | −15.63 pp |
| Q2 2024 | 2024-06-30 | 23.37% | −8.78 pp |
| Q1 2024 | 2024-03-31 | 22.01% | −3.12 pp |
| Q4 2023 | 2023-12-31 | 10.66% | −6.20 pp |
| Q3 2023 | 2023-09-30 | 33.96% | +19.35 pp |
| Q2 2023 | 2023-06-30 | 32.15% | +18.67 pp |
| Q1 2023 | 2023-03-31 | 25.13% | +15.21 pp |
| Q4 2022 | 2022-12-31 | 16.86% | +12.58 pp |
| Q3 2022 | 2022-09-30 | 14.61% | +3.20 pp |
| Q2 2022 | 2022-06-30 | 13.48% | +0.97 pp |
| Q1 2022 | 2022-03-31 | 9.92% | +0.56 pp |
| Q4 2021 | 2021-12-31 | 4.27% | +3.69 pp |
| Q3 2021 | 2021-09-30 | 11.41% | +1.44 pp |
| Q2 2021 | 2021-06-30 | 12.51% | −1.40 pp |
| Q1 2021 | 2021-03-31 | 9.36% | +10.61 pp |
| Q4 2020 | 2020-12-31 | 0.58% | +7.71 pp |
| Q3 2020 | 2020-09-30 | 9.97% | +20.32 pp |
| Q2 2020 | 2020-06-30 | 13.91% | +13.03 pp |
| Q1 2020 | 2020-03-31 | −1.25% | −6.70 pp |
| Q4 2019 | 2019-12-31 | −7.13% | −9.73 pp |
| Q3 2019 | 2019-09-30 | −10.34% | −10.43 pp |
| Q2 2019 | 2019-06-30 | 0.88% | +5.88 pp |
| Q1 2019 | 2019-03-31 | 5.45% | +11.16 pp |
| Q4 2018 | 2018-12-31 | 2.60% | +17.58 pp |
| Q3 2018 | 2018-09-30 | 0.08% | −12.52 pp |
| Q2 2018 | 2018-06-30 | −5.00% | −19.12 pp |
| Q1 2018 | 2018-03-31 | −5.71% | −32.53 pp |
| Q4 2017 | 2017-12-31 | −14.98% | −43.46 pp |
| Q3 2017 | 2017-09-30 | 12.60% | −13.93 pp |
| Q2 2017 | 2017-06-30 | 14.13% | −5.46 pp |
| Q1 2017 | 2017-03-31 | 26.82% | +3.51 pp |
| Q4 2016 | 2016-12-31 | 28.48% | +6.38 pp |
| Q3 2016 | 2016-09-30 | 26.52% | −3.88 pp |
| Q2 2016 | 2016-06-30 | 19.59% | −6.67 pp |
| Q1 2016 | 2016-03-31 | 23.31% | +2.60 pp |
| Q4 2015 | 2015-12-31 | 22.10% | −8.78 pp |
| Q3 2015 | 2015-09-30 | 30.40% | −4.69 pp |
| Q2 2015 | 2015-06-30 | 26.26% | +27.66 pp |
| Q1 2015 | 2015-03-31 | 20.71% | −11.81 pp |
| Q4 2014 | 2014-12-31 | 30.88% | −10.27 pp |
| Q3 2014 | 2014-09-30 | 35.09% | +2.15 pp |
| Q2 2014 | 2014-06-30 | −1.40% | −35.53 pp |
| Q1 2014 | 2014-03-31 | 32.52% | +2.15 pp |
| Q4 2013 | 2013-12-31 | 41.15% | +0.99 pp |
| Q3 2013 | 2013-09-30 | 32.94% | −4.14 pp |
| Q2 2013 | 2013-06-30 | 34.13% | −4.12 pp |
| Q1 2013 | 2013-03-31 | 30.36% | −1.76 pp |
| Q4 2012 | 2012-12-31 | 40.17% | +4.33 pp |
| Q3 2012 | 2012-09-30 | 37.08% | −2.01 pp |
| Q2 2012 | 2012-06-30 | 38.24% | +4.63 pp |
| Q1 2012 | 2012-03-31 | 32.12% | −1.77 pp |
| Q4 2011 | 2011-12-31 | 35.83% | +0.06 pp |
| Q3 2011 | 2011-09-30 | 39.09% | +2.06 pp |
| Q2 2011 | 2011-06-30 | 33.61% | −4.59 pp |
| Q1 2011 | 2011-03-31 | 33.90% | −1.92 pp |
| Q4 2010 | 2010-12-31 | 35.78% | — |
| Q3 2010 | 2010-09-30 | 37.03% | −2.49 pp |
| Q2 2010 | 2010-06-30 | 38.19% | — |
| Q1 2010 | 2010-03-31 | 35.81% | — |
| Q3 2009 | 2009-09-30 | 39.52% | — |
Mercadolibre ebitda margin trends
Over the last five fiscal years, Mercadolibre's ebitda margin increased from 5.86% to 19.76%, a change of +13.90 percentage points. The latest reported quarter, Q2 2026, shows 13.82%.
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mercadolibre source filings ↗Community posts
MercadoLibre raises $1 billion with a new ten-year bond
MercadoLibre ($MELI) completed a $1 billion issue of senior unsecured notes paying a 5.85% coupon and maturing in 2036. More than 100 institutional investors participated in the SEC-registered offering. The company said the transaction achi ...