# MercadoLibre, Inc. (MELI) · Edgar & Edgarette company card

> MercadoLibre (MELI) grew revenue 39.1% in FY2025 to $28.9 billion, operating margin 11.1% against a 7.9% median for business services, equity 15.8% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1099590 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/MELI) · [JSON](https://www.pops4.com/boards/company/MELI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $28.9B |
| Revenue growth, 1 year | 39.1% |
| Revenue growth per year | 42.2% |
| Operating margin | 11.1% (prior year 12.7%) |
| Net margin | 6.9% |
| Operating cash flow | $12.1B |
| Capital spending | $1.3B |
| Free cash flow | $10.8B |
| Cash | $3.7B |
| Long-term debt | $9.2B |
| Total assets | $42.7B |
| Total equity | $6.7B |
| Equity ÷ assets | 15.8% |
| Return on equity | 29.6% |
| Dividend per share | $0.6 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 1.9 (grey zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -3.12 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $28.9B (FY2025), total debt $9.2B. Experience: revenue up 39.1% on the year, up 42.2% a year over 4 years; operating margin 11.1%, down from 12.7%. Soundness: equity 15.8% of assets, return on equity 29.6%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $35.9B and $42.0B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $33.5B to $44.7B. A statistical range, not company guidance. Against peers (70 filers, $50M+ revenue, services-business services, nec): operating margin 11.1% against a 7.9% median; growth 39.1% against 10.2%.

Range logged 2026-09-24, receipt 0f2cf85dd08a0cfc, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-04-03 ([filing](https://www.sec.gov/Archives/edgar/data/1099590/000199937126007656/0001999371-26-007656-index.htm))

## Recent filings

- 8-K · filed 2026-09-14 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1099590/000114036126036495/0001140361-26-036495-index.htm)
- 8-K · filed 2026-09-10 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1099590/000114036126036136/0001140361-26-036136-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/1099590/000109959026000023/0001099590-26-000023-index.htm)
- 8-K · filed 2026-08-05 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1099590/000109959026000021/0001099590-26-000021-index.htm)
- 8-K · filed 2026-06-12 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1099590/000199937126012770/0001999371-26-012770-index.htm)
- 10-Q · filed 2026-05-08 · [filing](https://www.sec.gov/Archives/edgar/data/1099590/000109959026000017/0001099590-26-000017-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001099590.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1099590

## Cite

POPS4, Edgar & Edgarette: MercadoLibre, Inc. (MELI) company card, from the company's own SEC filings, accessed 2026-11-02, https://www.pops4.com/boards/company/MELI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.