meli: the income statement

MyFinsight

MERCADOLIBRE INC (MELI)

For the quarter ending 2025-06-30, MELI made $6,790M in revenue. $523M in net income. Net profit margin of 7.70%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Net revenues and financial income	6,790	5,935	5,312	5,073
Cost of net revenues and financial expenses	3,696	3,164	2,873	2,708
Gross profit, total	3,094	2,771	2,439	2,365
Sales and marketing	751	599	566	511
Product and technology development	567	551	504	460
Accounts receivable, credit loss expense (reversal)	690	603	507	450
General and administrative	261	255	305	218
Operating expenses	2,269	2,008	1,882	1,639
Income from operations	825	763	557	726
Interest income and other financial gains	44	37	43	39
Unrealized foreign currency losses, net	117	55	-	-
Interest expense and other financial losses	36	39	40	39
Foreign currency losses, net	-	-	-40	-58
Net income before income tax expense	716	706	520	668
Income tax expense (benefit)	193	212	123	137
Net income	523	494	397	531

Basic net income available to shareholders per common share (in dollars per share)	10.31	9.74	7.83	10.48
Diluted net income available to shareholders per common share (in dollars per share)	10.31	9.74	7.83	10.48
Weighted average of outstanding common shares (in shares)	50,697,375	50,697,375	50,697,438	50,697,447
Weighted average of outstanding common shares (in shares)	50,697,375	50,697,375	50,697,438	50,697,447

Unit: Million (M) dollars (except for numbers of shares and EPS)