MercadoLibre Inc.
1750.81
10.81 (0.62%)
At close: Jan 14, 2025, 3:59 PM
1790.00
2.24%
Pre-market Jan 15, 2025, 08:48 AM EST

MercadoLibre Inc. Revenue Breakdown

Quarter Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021
Product Revenue 552.00M 481.00M 378.00M 511.00M 341.00M 364.00M 274.00M 326.00M 253.00M 265.00M 348.03M 226.54M 198.03M 147.54M
Product Revenue Growth +14.76% +27.25% -26.03% +49.85% -6.32% +32.85% -15.95% +28.85% -4.53% -23.86% +53.63% +14.40% +34.22% n/a
Service Revenue 4.76B 4.59B 3.96B 3.75B 3.42B 3.05B 2.76B 2.68B 2.44B 2.33B 1.78B 1.63B 1.50B 1.23B
Service Revenue Growth +3.66% +16.11% +5.47% +9.68% +12.06% +10.42% +3.25% +9.81% +4.50% +30.81% +9.31% +8.39% +22.25% n/a

Revenue by Geography

Quarter Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017
Brazil Segment Revenue 7.59B 5.67B 3.91B 2.19B 1.46B 866.17M 831.42M
Brazil Segment Revenue Growth +34.05% +44.93% +78.19% +50.12% +68.73% +4.18% n/a
Mexico Segment Revenue 2.98B 1.86B 1.17B 575.17M 275.13M 109.10M 86.49M
Mexico Segment Revenue Growth +60.14% +59.00% +103.83% +109.05% +152.19% +26.14% n/a
Other Countries Segment Revenue 653.00M 507.00M 456.44M 223.97M 103.34M 87.82M 66.51M
Other Countries Segment Revenue Growth +28.80% +11.08% +103.79% +116.74% +17.67% +32.04% n/a

Operating Expense Breakdown

Quarter Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017Dec 31, 2016Sep 30, 2016Jun 30, 2016Mar 31, 2016Dec 31, 2015Sep 30, 2015Jun 30, 2015Mar 31, 2015
Selling, General, and Administrative Revenue 871.00M 1.18B 1.04B 1.03B 914.00M 794.00M 815.00M 783.00M 774.00M 772.00M 700.00M 650.21M 508.54M 440.77M 374.50M 397.17M 308.32M 254.48M 269.07M 319.21M 306.77M 231.00M 174.50M 166.64M 145.24M 154.55M 153.78M 148.05M 115.91M 108.35M 75.24M 71.80M 65.87M 56.18M 49.75M 61.38M 49.51M 49.73M 44.34M
Selling, General, and Administrative Revenue Growth -26.12% +13.58% +0.87% +12.58% +15.11% -2.58% +4.09% +1.16% +0.26% +10.29% +7.66% +27.86% +15.38% +17.70% -5.71% +28.82% +21.16% -5.42% -15.71% +4.06% +32.80% +32.38% +4.71% +14.73% -6.02% +0.50% +3.87% +27.74% +6.97% +44.01% +4.79% +9.00% +17.26% +12.92% -18.95% +23.99% -0.44% +12.16% n/a
Research and Development Revenue 504.00M 460.00M 458.00M 686.00M 396.00M 368.00M 381.00M 325.00M 278.00M 262.00M 234.00M 179.64M 137.67M 146.99M 126.03M 116.99M 88.80M 73.25M 73.44M 58.02M 59.49M 53.92M 52.37M 38.96M 35.48M 33.44M 38.40M 34.16M 32.38M 30.34M 30.30M 26.26M 26.07M 24.22M 21.94M 22.50M 17.04M 19.64M 17.25M
Research and Development Revenue Growth +9.57% +0.44% -33.24% +73.23% +7.61% -3.41% +17.23% +16.91% +6.11% +11.97% +30.26% +30.48% -6.34% +16.62% +7.73% +31.75% +21.22% -0.25% +26.57% -2.48% +10.33% +2.97% +34.41% +9.82% +6.10% -12.92% +12.40% +5.50% +6.73% +0.12% +15.41% +0.73% +7.64% +10.37% -2.47% +32.01% -13.22% +13.88% n/a
Sales and Marketing Revenue 566.00M 511.00M 478.00M 529.00M -441.00M 383.00M 383.00M 380.00M 333.00M 296.00M 541.00M 502.70M 385.52M 333.11M 288.16M 282.35M 229.62M 184.08M 206.51M 269.75M 252.90M 180.69M 130.68M 140.03M 110.44M 121.22M 110.72M 117.43M 84.14M 76.86M 46.93M 48.55M 39.72M 35.34M 32.68M 42.17M 31.13M 29.11M 26.20M
Sales and Marketing Revenue Growth +10.76% +6.90% -9.64% -219.95% -215.14% n/a +0.79% +14.11% +12.50% -45.29% +7.62% +30.40% +15.74% +15.60% +2.06% +22.96% +24.74% -10.86% -23.45% +6.66% +39.96% +38.27% -6.68% +26.79% -8.89% +9.48% -5.71% +39.57% +9.48% +63.76% -3.34% +22.23% +12.41% +8.12% -22.49% +35.48% +6.90% +11.12% n/a