MercadoLibre
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. MercadoLibre's past years’ income statements indicate that its last revenue has increased compared to the previous period by 37% to $14,473,000,000. The net income raised on $987,000,000 and profit margin reached 7%. Total operating expenses were $5,383,000,000.

Profit Margin

MercadoLibre, Inc. (NASDAQ:MELI): Profit margin
2014 556.53M 72.58M 13.04%
2015 651.79M 105.78M 16.23%
2016 844.39M 136.36M 16.15%
2017 1.39B 13.78M 0.99%
2018 1.43B -36.58M -2.54%
2019 2.29B -171.99M -7.49%
2020 3.97B -707K -0.02%
2021 7.06B 83M 1.17%
2022 10.53B 482M 4.57%
2023 14.47B 987M 6.82%

MELI Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
14.47B10.53B7.06B3.97B2.29B1.43B1.39B844.39M651.79M556.53M
Cost of revenue
7.26B5.37B4.06B2.26B1.19B742.64M678.49M307.53M214.99M158.97M
Gross profit
7.20B5.16B3.00B1.70B1.10B697.00M719.6M536.85M436.79M397.55M
Operating exp.
Research and development
1.83B1.09B590.32M352.47M223.80M146.27M127.16M98.47M76.42M53.59M
Selling and marketing
1.73B1.29B1.50B902.55M834.02M482.44M325.37M156.29M128.60M111.62M
Total operating expenses
5.38B4.12B2.56B1.58B1.25B766.49M574.72M342.08M281.37M227.59M
Operating income
1.82B1.03B440.70M230.45M-39.63M-69.48M56.27M181.05M139.19M120.47M
Other income (expenses), net
-270M-254M-200.07M-47M-67.60M18.24M-2.20M-19.28M11.29M1.32M
Income before tax
1.55B780M240.62M81.31M-107.24M-65.45M54.07M185.32M150.49M121.79M
Income tax expense
569M298M148.80M82.02M64.75M-28.86M40.29M48.96M44.70M49.14M
Net income
987M482M83M-707K-171.99M-36.58M13.78M136.36M105.78M72.58M
Earnings per share
Basic EPS
19.649.571.67-0.01-3.53-0.820.313.092.41.64
Diluted EPS
19.359.391.67-0.01-3.53-0.820.313.092.41.64
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