Gross Profit for MercadoLibre (MELI)
According to MercadoLibre's latest reported financial statements, the company's current gross profit (TTM) is $12.86B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

MELI
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$12.86B
YoY change
+34.3%
5Y CAGR
+49.7%
Peak year (2025)
$12.86B
Cumulative gross profit
$45.23B
Gross Profit history chart for MercadoLibre (MELI) from 2002 to 2025
Gross Profit history table for MercadoLibre (MELI) from 2002 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $12.86B | +34.3% | ||
| 2024 | $9.58B | +26.2% | ||
| 2023 | $7.59B | +46.0% | ||
| 2022 | $5.20B | +73.0% | ||
| 2021 | $3.00B | +75.8% | ||
| 2020 | $1.71B | +55.1% | ||
| 2019 | $1.10B | +58.1% | ||
| 2018 | $697.01M | -3.1% | ||
| 2017 | $719.60M | +34.0% | ||
| 2016 | $536.86M | +22.9% | ||
| 2015 | $436.80M | +9.9% | ||
| 2014 | $397.56M | +16.1% | ||
| 2013 | $342.52M | +24.3% | ||
| 2012 | $275.52M | +21.4% | ||
| 2011 | $226.88M | +33.3% | ||
| 2010 | $170.17M | +24.3% | ||
| 2009 | $136.89M | +25.0% | ||
| 2008 | $109.49M | +63.8% | ||
| 2007 | $66.85M | +67.2% | ||
| 2006 | $39.97M | +80.8% | ||
| 2005 | $22.11M | +117.3% | ||
| 2004 | $10.17M | +126.1% | ||
| 2003 | $4.50M | +350.0% | ||
| 2002 | $1.00M | — |
Gross Profit values are taken from MercadoLibre's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of MercadoLibre (MELI) gross profit is $12.86B – surged 34.3% year-over-year.
Through 2020–2025 (5 years), MercadoLibre gross profit delivered a +49.7% annualised rate; sustaining 7 straight years of year-over-year growth.
The dataset's maximum gross profit sits at $12.86B (2025); the minimum reading of $1.00M dates to 2002.
Among 8 Consumer Cyclical peers, MercadoLibre (MELI) ranks 9th; the peer median for gross profit is $40.89B.
MercadoLibre Gross Profit by Year
MercadoLibre Gross Profit 2025: $12.86B
MercadoLibre gross profit in 2025 was $12.86B, surged 34.3% from 2024. This figure represents the highest annual value in the available history.
MercadoLibre Gross Profit 2024: $9.58B
MercadoLibre gross profit in 2024 was $9.58B, grew 26.2% from 2023.
MercadoLibre Gross Profit 2023: $7.59B
MercadoLibre gross profit in 2023 was $7.59B, surged 46.0% from 2022.
MercadoLibre Gross Profit 2022: $5.20B
MercadoLibre gross profit in 2022 was $5.20B, surged 73.0% from 2021.
MercadoLibre Gross Profit 2021: $3.00B
MercadoLibre gross profit in 2021 was $3.00B.
See more financial history for MercadoLibre (MELI).
Sector peers — Gross Profit
Companies in the same sector as MercadoLibre, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $398.06B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $360.51B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $236.42B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $54.87B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $26.92B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $18.69B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $17.09B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $15.44B | Consumer Cyclical |
Frequently asked questions
What is MercadoLibre's gross profit?
- Latest reported gross profit for MercadoLibre (MELI) is $12.86B (period ending December 31, 2025).
How has MercadoLibre gross profit changed year-over-year?
- MercadoLibre (MELI) gross profit changed +34.3% year-over-year on the latest annual filing.
What is the long-term growth rate of MercadoLibre gross profit?
- MercadoLibre (MELI) gross profit compound annual growth rate is +49.7% over the most recent 5 years available.
When did MercadoLibre gross profit hit its highest annual value?
- MercadoLibre gross profit reached its highest annual value of $12.86B in 2025.
What was MercadoLibre gross profit in 2024?
- MercadoLibre (MELI) gross profit in 2024 was $9.58B.
What was MercadoLibre gross profit in 2025?
- MercadoLibre (MELI) gross profit in 2025 was $12.86B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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