MercadoLibre, Inc. (MELI) FY2026 Q1 P&L / Income Statement

MercadoLibre, Inc. (MELI) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-01 through 2026-03-31. View: Product and Service by Subsegments. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenues and financial income

8,845,000,000 US dollars

Cost of net revenues and financial expenses

4,983,000,000 US dollars

Gross profit

3,862,000,000 US dollars

Total operating expenses

3,251,000,000 US dollars

Income from operations

611,000,000 US dollars

Other income (expense), net (calculated)

negative 32,000,000 US dollars

Net income before income tax expense

579,000,000 US dollars

Income tax expense

162,000,000 US dollars

Net income

417,000,000 US dollars

Credit revenues - Fintech

2,012,000,000 US dollars

Product Sales - Commerce

1,112,000,000 US dollars

Product Sales - Fintech

18,000,000 US dollars

Services - Commerce

3,756,000,000 US dollars

Services - Fintech

1,947,000,000 US dollars

Sales and marketing

982,000,000 US dollars

General and administrative

326,000,000 US dollars

Provision for doubtful accounts

1,244,000,000 US dollars

Product and technology development

699,000,000 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.