MercadoLibre, Inc.
MELIFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
20,777
Cost of Revenue
11,200
Gross Profit
9,577
Gross Margin
46.1%
Operating Income
2,631
Operating Margin
12.7%
Net Income
1,911
Net Margin
9.2%
EPS (Basic)
$37.69
EPS (Diluted)
$37.69
EBITDA
3,214
EBITDA Margin
15.5%
2023
12/31/2023
Revenue
15,107
Cost of Revenue
7,517
Gross Profit
7,590
Gross Margin
50.2%
Operating Income
2,207
Operating Margin
14.6%
Net Income
987
Net Margin
6.5%
EPS (Basic)
$19.64
EPS (Diluted)
$19.46
EBITDA
2,251
EBITDA Margin
14.9%
2022
12/31/2022
Revenue
10,780
Cost of Revenue
5,582
Gross Profit
5,198
Gross Margin
48.2%
Operating Income
1,069
Operating Margin
9.9%
Net Income
482
Net Margin
4.5%
EPS (Basic)
$9.57
EPS (Diluted)
$9.53
EBITDA
1,318
EBITDA Margin
12.2%
2021
12/31/2021
Revenue
7,069
Cost of Revenue
4,064
Gross Profit
3,005
Gross Margin
42.5%
Operating Income
441
Operating Margin
6.2%
Net Income
83
Net Margin
1.2%
EPS (Basic)
$1.67
EPS (Diluted)
$1.67
EBITDA
674
EBITDA Margin
9.5%
2020
12/31/2020
Revenue
3,974
Cost of Revenue
2,265
Gross Profit
1,709
Gross Margin
43.0%
Operating Income
128
Operating Margin
3.2%
Net Income
-1
Net Margin
-0.0%
EPS (Basic)
$-0.01
EPS (Diluted)
$-0.01
EBITDA
293
EBITDA Margin
7.4%