MercadoLibre, Inc. (MELI) FY2025 Q1 P&L / Income Statement

MercadoLibre, Inc. (MELI) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-31. View: Product and Service by Subsegments. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenues and financial income

5,935,000,000 US dollars

Cost of net revenues and financial expenses

3,164,000,000 US dollars

Gross Profit

2,771,000,000 US dollars

Operating Expenses

2,008,000,000 US dollars

Income from operations

763,000,000 US dollars

Other income (expense), net (calculated)

negative 57,000,000 US dollars

Net income before income tax expense

706,000,000 US dollars

Income Tax Expense (Benefit)

212,000,000 US dollars

Net income

494,000,000 US dollars

Credit revenues - Fintech

1,146,000,000 US dollars

Product Sales - Commerce

602,000,000 US dollars

Product Sales - Fintech

13,000,000 US dollars

Services - Commerce

2,701,000,000 US dollars

Services - Fintech

1,473,000,000 US dollars

Sales and marketing

599,000,000 US dollars

General and administrative

255,000,000 US dollars

Accounts Receivable, Credit Loss Expense (Reversal)

603,000,000 US dollars

Product and technology development

551,000,000 US dollars

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 equals net income.