What is the current annual gross margin of MELI?

As of today, MELI annual gross margin is 0.00%

What is 1-year change in MELI annual gross margin?

MELI annual gross margin is down -100.00% year-over-year

What is 3-year change in MELI annual gross margin?

MELI annual gross margin is down -100.00% over the past 3 years

How far is MELI annual gross margin from its all-time high?

MELI annual gross margin is currently -100.00% below its historical high of 80.36% set on December 31, 2003

How does MELI annual gross margin rank versus sector peers?

MELI annual gross margin is higher than 5.59% of companies in Consumer Cyclical sector

When is MELI next annual earnings release?

The next annual earnings release for MELI is on February 25, 2027

What is the current quarterly gross margin of MELI?

As of today, MELI quarterly gross margin is 40.78%

What is MELI quarterly gross margin most recent change?

MELI quarterly gross margin was down -0.29% on September 30, 2026

What is 1-year change in MELI quarterly gross margin?

MELI quarterly gross margin is down -5.84% year-over-year

How far is MELI quarterly gross margin from its all-time high?

MELI quarterly gross margin is currently -49.46% below its historical high of 80.69% set on December 31, 2008

How does MELI quarterly gross margin rank versus sector peers?

MELI quarterly gross margin is higher than 66.80% of companies in Consumer Cyclical sector

When is MELI next earnings release?

The next earnings release for MELI is on February 25, 2027

MELI Gross Margin History & Chart Since 2002

Annual Gross Margin

0.00%44.68%-100.00%

December 31, 2025

Summary

Current Value: As of today, MELI annual gross margin is 0.00%, down -100.00% on December 31, 2025
Historical Performance: MELI annual gross margin is down -100.00% over the past 3 years, down -100.00% over the past 5 years
All-Time High Comparison: MELI annual gross margin is currently -100.00% below its historical high of 80.36% set on December 31, 2003
Sector Comparison: MELI annual gross margin is higher than 5.59% of companies in Consumer Cyclical sector

Gross Margin Chart

beforeafter

Performance

MELI Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	0.00%	-100.0%	-100.0%	-100.0%	-100.0%
Quarterly Gross Margin	Sep 30, 26	40.78%	-5.8%	-23.6%	-6.1%	-45.9%
Price	Nov 12, 26	$1,498.60	-28.8%	+9.0%	-6.2%	+1653.0%
PE Ratio	Nov 12, 26	40.20	-21.7%	-43.2%	-96.0%	-23.8%
Annual Revenue	Dec 31, 25	$28.89B	+39.1%	+174.2%	+627.1%	+10000.0%
Annual Gross Profit	Dec 31, 25	$0.00	-100.0%	-100.0%	-100.0%	-100.0%
Annual Operating Margin	Dec 31, 25	11.07%	-12.6%	+10.6%	+244.9%	-67.8%
Annual Net Margin	Dec 31, 25	6.92%	-24.8%	+51.4%	+10000.0%	-73.2%

Gross Margin Highs

MELI Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	48.55%	Dec 31, 23	-100.0%
5Y	48.55%	Dec 31, 23	-100.0%
All	80.36%	Dec 31, 03	-100.0%

Gross Margin Lows

MELI Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	0.00%	Dec 31, 25	N/A
5Y	0.00%	Dec 31, 25	N/A
All	0.00%	Dec 31, 25	N/A

Gross Margin History

Year	Value	Change
2025	0.00%	-100.0%
2024	44.68%	-8.0%
2023	48.55%	+3.3%
2022	47.02%	+14.2%
2021	41.16%	-0.5%
2020	41.37%	-9.7%
2019	45.80%	+0.6%
2018	45.54%	-18.8%
2017	56.09%	-7.1%
2016	60.37%	-5.0%
2015	63.58%	-7.2%
2014	68.53%	-2.4%

Year	Value	Change
2013	70.21%	-1.9%
2012	71.58%	-2.9%
2011	73.74%	-3.5%
2010	76.43%	-0.9%
2009	77.12%	+1.1%
2008	76.31%	+1.6%
2007	75.09%	-2.2%
2006	76.78%	-1.9%
2005	78.27%	-2.6%
2004	80.34%	-0.0%
2003	80.36%	+36.6%
2002	58.82%	-

FAQ

What is the current annual gross margin of MELI?: As of today, MELI annual gross margin is 0.00%
What is 1-year change in MELI annual gross margin?: MELI annual gross margin is down -100.00% year-over-year
What is 3-year change in MELI annual gross margin?: MELI annual gross margin is down -100.00% over the past 3 years
How far is MELI annual gross margin from its all-time high?: MELI annual gross margin is currently -100.00% below its historical high of 80.36% set on December 31, 2003
How does MELI annual gross margin rank versus sector peers?: MELI annual gross margin is higher than 5.59% of companies in Consumer Cyclical sector
When is MELI next annual earnings release?: The next annual earnings release for MELI is on February 25, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

40.78%0.12%-0.29%

September 30, 2026

Summary

Current Value: As of today, MELI quarterly gross margin is 40.78%, down -0.29% on September 30, 2026
Historical Performance: MELI quarterly gross margin is down -5.84% year-over-year, down -23.56% over the past 3 years
All-Time High Comparison: MELI quarterly gross margin is currently -49.46% below its historical high of 80.69% set on December 31, 2008
3-Year Low Comparison: MELI quarterly gross margin is at its 3-year low
Sector Comparison: MELI quarterly gross margin is higher than 66.80% of companies in Consumer Cyclical sector

Performance

MELI Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	40.78%	-0.3%	-5.8%	-23.6%	-6.1%
Annual Gross Margin	Dec 31, 25	0.00%	–	-100.0%	-100.0%	-100.0%
Price	Nov 12, 26	$1,498.60	-18.0%	-28.8%	+9.0%	-6.2%
PE Ratio	Nov 12, 26	40.20	-19.2%	-21.7%	-43.2%	-96.0%
Quarterly Revenue	Sep 30, 26	$10.75B	+5.7%	+45.1%	+173.8%	+478.8%
Quarterly Gross Profit	Sep 30, 26	$4.38B	+5.4%	+36.6%	+109.3%	+443.5%
Quarterly Operating Margin	Sep 30, 26	6.29%	-6.4%	-35.6%	-68.5%	-27.4%
Quarterly Net Margin	Sep 30, 26	4.17%	-8.9%	-26.6%	-54.4%	-18.7%

Quarterly Gross Margin Highs

MELI Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	43.66%	Mar 31, 26	-6.6%
3Y	53.35%	N/A	-23.6%
5Y	53.35%	Sep 30, 23	-23.6%
All	80.69%	Dec 31, 08	-49.5%

Quarterly Gross Margin Lows

MELI Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	40.78%	Sep 30, 26	at low
3Y	40.78%	Sep 30, 26	at low
5Y	40.04%	Dec 31, 21	+1.9%
All	36.84%	Dec 31, 20	+10.7%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	40.78%	-0.3%
Jun 2026	40.90%	-6.3%
Mar 2026	43.66%	+1.1%
Dec 2025	43.20%	-0.3%
Sep 2025	43.31%	-5.0%
Jun 2025	45.57%	-2.4%
Mar 2025	46.69%	+2.9%
Dec 2024	45.37%	-1.2%
Sep 2024	45.91%	-1.5%
Jun 2024	46.62%	-0.2%
Mar 2024	46.71%	+0.5%
Dec 2023	46.50%	-12.8%
Sep 2023	53.35%	+4.5%
Jun 2023	51.07%	+0.8%
Mar 2023	50.66%	+4.3%
Dec 2022	48.57%	-3.1%
Sep 2022	50.11%	+1.4%
Jun 2022	49.44%	+3.6%
Mar 2022	47.73%	+19.2%
Dec 2021	40.04%	-7.8%
Sep 2021	43.42%	-1.9%
Jun 2021	44.28%	+3.2%
Mar 2021	42.90%	+16.4%
Dec 2020	36.84%	-14.4%
Sep 2020	43.04%	-11.5%
Jun 2020	48.63%	+1.4%
Mar 2020	47.97%	+4.9%
Dec 2019	45.73%	-3.0%
Sep 2019	47.15%	-5.6%
Jun 2019	49.97%	-0.1%
Mar 2019	50.03%	+4.6%
Dec 2018	47.84%	+0.1%
Sep 2018	47.77%	+0.3%
Jun 2018	47.63%	-6.1%
Mar 2018	50.71%	+9.0%
Dec 2017	46.54%	-1.9%
Sep 2017	47.44%	-21.5%
Jun 2017	60.43%	-3.5%
Mar 2017	62.61%	-1.4%
Dec 2016	63.50%	+0.6%

Month	Value	Change
Sep 2016	63.09%	-0.3%
Jun 2016	63.26%	-2.4%
Mar 2016	64.82%	-0.4%
Dec 2015	65.05%	-1.9%
Sep 2015	66.31%	-1.6%
Jun 2015	67.40%	-3.5%
Mar 2015	69.81%	-0.9%
Dec 2014	70.46%	-0.3%
Sep 2014	70.66%	-2.4%
Jun 2014	72.41%	-0.4%
Mar 2014	72.67%	-0.6%
Dec 2013	73.11%	+1.2%
Sep 2013	72.25%	-0.1%
Jun 2013	72.30%	+0.3%
Mar 2013	72.11%	-2.0%
Dec 2012	73.59%	+0.0%
Sep 2012	73.58%	+0.6%
Jun 2012	73.11%	-2.3%
Mar 2012	74.81%	-1.6%
Dec 2011	76.03%	+0.8%
Sep 2011	75.42%	-0.2%
Jun 2011	75.58%	-1.4%
Mar 2011	76.68%	-1.5%
Dec 2010	77.86%	-2.1%
Sep 2010	79.53%	+1.6%
Jun 2010	78.27%	-0.2%
Mar 2010	78.46%	+16.0%
Dec 2009	67.63%	-14.9%
Sep 2009	79.46%	+0.6%
Jun 2009	78.99%	-0.6%
Mar 2009	79.48%	-1.5%
Dec 2008	80.69%	+1.2%
Sep 2008	79.75%	-0.3%
Jun 2008	79.98%	+1.1%
Mar 2008	79.13%	+14.8%
Dec 2007	68.90%	-10.8%
Sep 2007	77.23%	-1.7%
Jun 2007	78.54%	+0.3%
Mar 2007	78.28%	-

FAQ

What is the current quarterly gross margin of MELI?: As of today, MELI quarterly gross margin is 40.78%
What is MELI quarterly gross margin most recent change?: MELI quarterly gross margin was down -0.29% on September 30, 2026
What is 1-year change in MELI quarterly gross margin?: MELI quarterly gross margin is down -5.84% year-over-year
How far is MELI quarterly gross margin from its all-time high?: MELI quarterly gross margin is currently -49.46% below its historical high of 80.69% set on December 31, 2008
How does MELI quarterly gross margin rank versus sector peers?: MELI quarterly gross margin is higher than 66.80% of companies in Consumer Cyclical sector
When is MELI next earnings release?: The next earnings release for MELI is on February 25, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

MELI Official Website www.mercadolibre.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1099590/000109959026000006/0001099590-26-000006-index.htm
MELI Profile on Yahoo Finance finance.yahoo.com/quote/MELI
MELI Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/meli