TTM
43.9%
YoY change
−1.59pp
Trough year (2021)
42.5%
Peak year (2003)
80.4%
Latest annual
44.5%
Gross Margin history chart for MercadoLibre (MELI) from 2002 to 2025
Latest: 44.5%
Gross Margin change chart for MercadoLibre (MELI) from 2002 to 2025
Latest: −1.59pp
Gross Margin history table for MercadoLibre (MELI) from 2002 to 2025
| 2025 | 44.5% | -1.59pp | ||
| 2024 | 46.1% | -4.15pp | ||
| 2023 | 50.2% | +2.02pp | ||
| 2022 | 48.2% | +5.71pp | ||
| 2021 | 42.5% | -0.49pp | ||
| 2020 | 43.0% | -4.99pp | ||
| 2019 | 48.0% | -0.42pp | ||
| 2018 | 48.4% | -10.74pp | ||
| 2017 | 59.2% | -4.43pp | ||
| 2016 | 63.6% | -3.44pp | ||
| 2015 | 67.0% | -4.42pp | ||
| 2014 | 71.4% | -1.04pp | ||
| 2013 | 72.5% | -1.27pp | ||
| 2012 | 73.7% | -2.15pp | ||
| 2011 | 75.9% | -2.62pp | ||
| 2010 | 78.5% | -0.68pp | ||
| 2009 | 79.2% | -0.71pp | ||
| 2008 | 79.9% | +1.37pp | ||
| 2007 | 78.5% | +1.75pp | ||
| 2006 | 76.8% | -1.49pp | ||
| 2005 | 78.3% | -2.07pp | ||
| 2004 | 80.3% | -0.02pp | ||
| 2003 | 80.4% | +21.53pp | ||
| 2002 | 58.8% | — |
- 202544.5%-1.59pp
- 202446.1%-4.15pp
- 202350.2%+2.02pp
- 202248.2%+5.71pp
- 202142.5%-0.49pp
- 202043.0%-4.99pp
- 201948.0%-0.42pp
- 201848.4%-10.74pp
- 201759.2%-4.43pp
- 201663.6%-3.44pp
- 201567.0%-4.42pp
- 201471.4%-1.04pp
- 201372.5%-1.27pp
- 201273.7%-2.15pp
- 201175.9%-2.62pp
- 201078.5%-0.68pp
- 200979.2%-0.71pp
- 200879.9%+1.37pp
- 200778.5%+1.75pp
- 200676.8%-1.49pp
- 200578.3%-2.07pp
- 200480.3%-0.02pp
- 200380.4%+21.53pp
- 200258.8%—
Gross Margin values are taken from MercadoLibre's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at MercadoLibre (MELI)
According to MercadoLibre's latest reported financial statements, the company's latest reported gross margin is 43.9%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
MercadoLibre (MELI) most recent annual gross margin stands at 44.50% (2025) – contracted 1.6 percentage points year-over-year.
The highest annual gross margin of 80.36% was reported in 2003. The lowest in the available history was 42.51% in 2021.
MercadoLibre Gross Margin by Year
MercadoLibre Gross Margin 2025: 44.5%
In 2025, MercadoLibre reported gross margin of 44.50%, contracted 1.6 percentage points from 2024.
MercadoLibre Gross Margin 2024: 46.1%
MercadoLibre gross margin in 2024 was 46.09%, contracted 4.1 percentage points from 2023.
MercadoLibre Gross Margin 2023: 50.2%
2023's gross margin for MercadoLibre came in at 50.24%, expanded 2.0 percentage points from 2022.
MercadoLibre Gross Margin 2022: 48.2%
MercadoLibre posted gross margin of 48.22% in 2022, expanded 5.7 percentage points from 2021.
MercadoLibre Gross Margin 2021: 42.5%
MercadoLibre gross margin in 2021 was 42.51%.
See more financial history for MercadoLibre (MELI).
Sector peers by Gross Margin
Consumer Cyclical peers of MercadoLibre (MELI), ranked by their latest gross margin
| 100.0% | |
| 57.4% | |
| 56.0% | |
| 50.6% | |
| 39.8% | |
| 33.1% | |
| 31.4% | |
| 19.1% |
- 100.0%
- 57.4%
- 56.0%
- 50.6%
- 39.8%
- 33.1%
- 31.4%
- 19.1%
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