Operating Income for MercadoLibre (MELI)
According to MercadoLibre's latest reported financial statements, the company's current operating income (TTM) is $3.20B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

MELI
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$3.20B
YoY change
+21.7%
5Y CAGR
+90.4%
Peak year (2025)
$3.20B
Cumulative operating income
$10.52B
Operating Income history chart for MercadoLibre (MELI) from 2002 to 2025
Operating Income history table for MercadoLibre (MELI) from 2002 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $3.20B | +21.7% | ||
| 2024 | $2.63B | +19.2% | ||
| 2023 | $2.21B | +106.5% | ||
| 2022 | $1.07B | +142.4% | ||
| 2021 | $441.00M | +244.5% | ||
| 2020 | $128.00M | -183.6% | ||
| 2019 | -$153.16M | +120.4% | ||
| 2018 | -$69.48M | -223.5% | ||
| 2017 | $56.27M | -68.9% | ||
| 2016 | $181.06M | +30.1% | ||
| 2015 | $139.20M | +15.5% | ||
| 2014 | $120.47M | -21.5% | ||
| 2013 | $153.54M | +18.4% | ||
| 2012 | $129.66M | +30.0% | ||
| 2011 | $99.77M | +33.7% | ||
| 2010 | $74.60M | +33.1% | ||
| 2009 | $56.03M | +49.3% | ||
| 2008 | $37.52M | +73.2% | ||
| 2007 | $21.66M | +301.3% | ||
| 2006 | $5.40M | +564.9% | ||
| 2005 | $811,862 | -124.2% | ||
| 2004 | -$3.35M | -4.3% | ||
| 2003 | -$3.50M | +20.7% | ||
| 2002 | -$2.90M | — |
Operating Income 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
MercadoLibre (MELI) most recent annual operating income stands at $3.20B (2025) – grew 21.7% year-over-year.
Over 2020–2025 (5 years), MercadoLibre operating income expanded at a +90.4% compound annual rate, sustaining 6 straight years of year-over-year growth.
$3.20B stands as the all-time-high annual operating income, posted in 2025, against a low of -$153.16M during 2019.
Within Consumer Cyclical, MercadoLibre (MELI) ranks 9th among 8 peers we track. The peer median for operating income is $16.64B.
MercadoLibre Operating Income by Year
MercadoLibre Operating Income 2025: $3.20B
MercadoLibre operating income in 2025 was $3.20B, grew 21.7% from 2024. This figure represents the highest annual value in the available history.
MercadoLibre Operating Income 2024: $2.63B
MercadoLibre operating income in 2024 was $2.63B, grew 19.2% from 2023.
MercadoLibre Operating Income 2023: $2.21B
MercadoLibre operating income in 2023 was $2.21B, surged 106.5% from 2022.
MercadoLibre Operating Income 2022: $1.07B
MercadoLibre operating income in 2022 was $1.07B, surged 142.4% from 2021.
MercadoLibre Operating Income 2021: $441.00M
MercadoLibre operating income in 2021 was $441.00M.
See more financial history for MercadoLibre (MELI).
Sector peers — Operating Income
Companies in the same sector as MercadoLibre, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is MercadoLibre's operating income?
- Latest reported operating income for MercadoLibre (MELI) is $3.20B (period ending December 31, 2025).
How has MercadoLibre operating income changed year-over-year?
- MercadoLibre (MELI) operating income changed +21.7% year-over-year on the latest annual filing.
What is the long-term growth rate of MercadoLibre operating income?
- MercadoLibre (MELI) operating income compound annual growth rate is +90.4% over the most recent 5 years available.
When did MercadoLibre operating income hit its highest annual value?
- MercadoLibre operating income reached its highest annual value of $3.20B in 2025.
What was MercadoLibre operating income in 2024?
- MercadoLibre (MELI) operating income in 2024 was $2.63B.
What was MercadoLibre operating income in 2025?
- MercadoLibre (MELI) operating income in 2025 was $3.20B.
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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