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MercadoLibre stock: growth
MELIMercadoLibre reported $28.89B in revenue for fiscal 2025, up 39.1% on the prior year, up 48.7% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
39.5%
per year from 2006 to 2025, per share 29.9%
Earnings (Annual rate)
48.6%
per year from 2006 to 2025, per share 38.4%
Free cash flow (Annual rate)
52.1%
per year from 2006 to 2025, per share 41.7%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 48.7% | 46.1% | 39.5% |
| Revenue per share | 48.1% | 44.1% | 29.9% |
| Earnings | no data | 34.2% | 48.6% |
| Earnings per share | no data | 32.3% | 38.4% |
| Free cash flow | 63.0% | 52.6% | 52.1% |
| Free cash flow per share | 62.4% | 50.5% | 41.7% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $52.06M | $1.07M | $3.71M |
| 2007 | $85.13M | $9.69M | $3.68M |
| 2008 | $137.02M | $18.81M | $49.58M |
| 2009 | $172.84M | $33.21M | $44.95M |
| 2010 | $216.72M | $56.03M | $54.27M |
| 2011 | $298.93M | $76.78M | $70.22M |
| 2012 | $373.6M | $101.25M | $121.75M |
| 2013 | $472.6M | $117.51M | $28.3M |
| 2014 | $556.54M | $72.58M | $161.51M |
| 2015 | $651.79M | $105.79M | $157.09M |
| 2016 | $844.4M | $136.37M | $112.89M |
| 2017 | $1.22B | $13.78M | $194.13M |
| 2018 | $1.44B | −$36.59M | $133.15M |
| 2019 | $2.3B | −$172M | $314.22M |
| 2020 | $3.97B | −$1M | $935.41M |
| 2021 | $7.07B | $83M | $355.55M |
| 2022 | $10.78B | $482M | $2.49B |
| 2023 | $15.11B | $987M | $4.63B |
| 2024 | $20.78B | $1.91B | $7.06B |
| 2025 | $28.89B | $2B | $10.77B |
Revenue by segment
How MercadoLibre, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Service88%
- Product12%
- Other< 1%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|
| Service | $9.44B | $12.98B | $18.64B | $25.29B | 87.5% |
| Product | $1.1B | $1.49B | $2.14B | $3.61B | 12.5% |
| Other | $243M | $634M | $0 | $0 | 0% |
| Total revenue | $10.78B | $15.11B | $20.78B | $28.89B | 100% |
Revenue by region
Where MercadoLibre, Inc. generates its revenue.
- Brazil53%
- Mexico22%
- Argentina21%
- Other4%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Brazil | $866.18M | $1.46B | $2.19B | $3.91B | $5.67B | $7.6B | $11.41B | $15.2B | 52.6% |
| Mexico | $109.1M | $275.13M | $575.17M | $1.17B | $1.86B | $2.99B | $4.66B | $6.48B | 22.4% |
| Argentina | $376.56M | $456.33M | $980.28M | $1.53B | $2.5B | $3.24B | $3.82B | $5.96B | 20.6% |
| Other | $87.82M | $103.34M | $224.51M | $456.03M | $750M | $1.29B | $889M | $1.26B | 4.3% |
| Total revenue | $1.44B | $2.3B | $3.97B | $7.07B | $10.78B | $15.11B | $20.78B | $28.89B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 7 Nov 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.