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

- Company: MercadoLibre, Inc. (MELI)
- Period: 2026-01-01 to 2026-03-31
- Filing: Q1 FY2026 10-Q, filed 2026-05-08, accession number 0001099590-26-000017
- Page: https://plicit.ai/financials/meli/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/meli-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service by Subsegment

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.

## Chart details: Revenue by Subsegment

- Page: https://plicit.ai/financials/meli/fy2026-q1-income-statement/revenue-by-subsegment
- Chart image: https://plicit.ai/charts/meli-fy2026-q1-revenue-by-subsegment-sankey.png

Income statement for 2026-01-01 through 2026-03-31. View: 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
- **Commerce**: 4,868,000,000 US dollars
- **Fintech**: 3,977,000,000 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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/meli/fy2026-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/meli-fy2026-q1-revenue-by-business-segment-sankey.png

Income statement for 2026-01-01 through 2026-03-31. View: Business segment. 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
- **Brazil**: 4,774,000,000 US dollars
- **Mexico**: 1,976,000,000 US dollars
- **Argentina**: 1,698,000,000 US dollars
- **Other Countries**: 397,000,000 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.

## Chart details: Revenue by Product and Service

- Page: https://plicit.ai/financials/meli/fy2026-q1-income-statement/revenue-by-product-and-service
- Chart image: https://plicit.ai/charts/meli-fy2026-q1-revenue-by-product-and-service-sankey.png

Income statement for 2026-01-01 through 2026-03-31. View: Product and service. 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
- **Net service revenues and financial income**: 7,715,000,000 US dollars
- **Net product revenues**: 1,130,000,000 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.