Financial insights of MELI

MyFinsight

For the quarter ending 2026-03-31, MELI made $8,845M in revenue. $417M in net income. Net profit margin of 4.71%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Net revenues and financial income	8,845	8,759	7,409	6,790
Cost of net revenues and financial expenses	4,983	4,975	4,200	3,696
Gross profit	3,862	3,784	3,209	3,094
Product and technology development	699	584	567	567
Sales and marketing	982	1,036	833	751
Provision for doubtful accounts	1,244	983	815	690
General and administrative	326	292	270	261
Total operating expenses	3,251	2,895	2,485	2,269
Income from operations	611	889	724	825
Interest income and other financial gains, net	27	8	49	44
Foreign currency losses, net	-	63	102	117
Interest expense and other financial losses	65	50	35	36
Foreign currency gains, net	6	-	-	-
Net income before income tax expense	579	784	636	716
Income tax expense	162	225	215	193
Equity in earnings of unconsolidated entity	-	0	-	-
Net income	417	559	421	523

Basic EPS	8.23	11.026	8.32	10.31
Diluted EPS	8.23	11.026	8.32	10.31
Basic Average Shares	50,697,182	50,697,181	50,697,265	50,697,375
Diluted Average Shares	50,697,298	50,697,246	50,697,284	50,697,375

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.