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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 .

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 yearPeriod endedReportedGross ProfitYoY
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.

CompanyGross ProfitSector
Alibaba Group Holding Limited (BABA)$398.06BConsumer Cyclical
Amazon.com, Inc. (AMZN)$360.51BConsumer Cyclical
PDD Holdings Inc. (PDD)$236.42BConsumer Cyclical
The Home Depot, Inc. (HD)$54.87BConsumer Cyclical
Booking Holdings Inc. (BKNG)$26.92BConsumer Cyclical
The TJX Companies, Inc. (TJX)$18.69BConsumer Cyclical
Tesla, Inc. (TSLA)$17.09BConsumer Cyclical
McDonald's Corporation (MCD)$15.44BConsumer 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.