# MercadoLibre, Inc. (MELI) FY2025 Annual P&L / Income Statement

- Company: MercadoLibre, Inc. (MELI)
- Period: 2025-01-01 to 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-25, accession number 0001099590-26-000006
- Page: https://plicit.ai/financials/meli/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/meli-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues and financial income**: 28,893,000,000 US dollars
- **Cost of net revenues and financial expenses**: 16,035,000,000 US dollars
- **Gross profit**: 12,858,000,000 US dollars
- **Total operating expenses**: 9,657,000,000 US dollars
- **Income from operations**: 3,201,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 359,000,000 US dollars
- **Net income before income tax expense and equity in earnings of unconsolidated entity**: 2,842,000,000 US dollars
- **Income tax expense**: 845,000,000 US dollars
- **Net income**: 1,997,000,000 US dollars
- **Net service revenues and financial income**: 25,286,000,000 US dollars
- **Net product revenues**: 3,607,000,000 US dollars
- **Sales and marketing**: 3,219,000,000 US dollars
- **General and administrative**: 1,078,000,000 US dollars
- **Product and technology development**: 2,269,000,000 US dollars
- **Provision for doubtful accounts**: 3,091,000,000 US dollars
- **Equity in earnings of unconsolidated entity**: 0 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Subsegment

- Page: https://plicit.ai/financials/meli/fy2025-annual-income-statement/revenue-by-subsegment
- Chart image: https://plicit.ai/charts/meli-fy2025-annual-revenue-by-subsegment-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Subsegments. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues and financial income**: 28,893,000,000 US dollars
- **Cost of net revenues and financial expenses**: 16,035,000,000 US dollars
- **Gross profit**: 12,858,000,000 US dollars
- **Total operating expenses**: 9,657,000,000 US dollars
- **Income from operations**: 3,201,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 359,000,000 US dollars
- **Net income before income tax expense and equity in earnings of unconsolidated entity**: 2,842,000,000 US dollars
- **Income tax expense**: 845,000,000 US dollars
- **Net income**: 1,997,000,000 US dollars
- **Commerce**: 16,294,000,000 US dollars
- **Fintech**: 12,599,000,000 US dollars
- **Sales and marketing**: 3,219,000,000 US dollars
- **General and administrative**: 1,078,000,000 US dollars
- **Product and technology development**: 2,269,000,000 US dollars
- **Provision for doubtful accounts**: 3,091,000,000 US dollars
- **Equity in earnings of unconsolidated entity**: 0 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/meli/fy2025-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/meli-fy2025-annual-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues and financial income**: 28,893,000,000 US dollars
- **Cost of net revenues and financial expenses**: 16,035,000,000 US dollars
- **Gross profit**: 12,858,000,000 US dollars
- **Total operating expenses**: 9,657,000,000 US dollars
- **Income from operations**: 3,201,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 359,000,000 US dollars
- **Net income before income tax expense and equity in earnings of unconsolidated entity**: 2,842,000,000 US dollars
- **Income tax expense**: 845,000,000 US dollars
- **Net income**: 1,997,000,000 US dollars
- **Brazil**: 15,201,000,000 US dollars
- **Mexico**: 6,475,000,000 US dollars
- **Argentina**: 5,962,000,000 US dollars
- **Other countries**: 1,255,000,000 US dollars
- **Sales and marketing**: 3,219,000,000 US dollars
- **General and administrative**: 1,078,000,000 US dollars
- **Product and technology development**: 2,269,000,000 US dollars
- **Provision for doubtful accounts**: 3,091,000,000 US dollars
- **Equity in earnings of unconsolidated entity**: 0 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.