MercadoLibre, Inc.

NasdaqGS-MELI

OverviewFinancialsInvestor RelationsResearchEstimatesNewsOwnershipIndustryDividendsModelingFilings

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	421	523	494	639	397	531
Net Income
Depreciation & Amortization	209	199	172	152	157	154
Depreciation and Amortization
Stock Based Compensation	64	96	92	51	83	59
Stock-Based Compensation Expense - Restricted Shares
Long Term Retention Program Accrued Compensation
Other Adjustments	489	666	515	606	456	367
Equity in Earnings of Unconsolidated Entity
Unrealized Foreign Currency Losses, Net
Impairment of Long-Lived Assets
Loss on Deconsolidation of Venezuelan Subsidiaries
Impairment of Digital Assets
Accrued Interest and Financial Income
Non Cash Interest Expense and Amortization of Debt Issuance Costs and Other Charges
Provision for Doubtful Accounts
Provision for Contingencies
Results on Derivative Instruments
Sale of Fixed Assets and Intangible Assets
Results on Digital Assets at Fair Value
Deferred Income Taxes
Changes in Trade Receivables	-46	-986	-71	-1,172	-487	-603
Accounts Receivable
Change in Credit Card Receivables and Other Means of Payments
Changes in Inventories	-87	-54	-46	-3	-65	-56
Inventories
Changes in Accounts Payable	1,617	2,520	-46	2,815	1,068	1,430
Payables and Accrued Expenses
Funds Payable to Customers
Amounts Payable Due to Credit and Debit Card Transactions
Changes in Other Operating Activities	292	-47	-79	-164	-21	—
Change in Prepaid Expenses
Other Assets
Other Liabilities
Operating Lease Liabilities
Interest Received from Investments
Cash from Operating Activities	2,959	2,917	1,031	2,924	1,600	1,882
Net Cash Provided by Operating Activities

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-357	-287	-272	-305	-223	-184
Purchases of Property and Equipment
Advance for Property and Equipment
Investments in Property and Equipment, Intangible Assets and Intangible Assets at Fair Value
Proceeds from Sale of Property, Plant & Equipment	—	—	—	—	—	—
Receipts from the Sale of Fixed Assets and Intangible Assets
Purchases of Intangible Assets	—	—	—	—	—	—
Purchases of Intangible Assets
Purchases of Investments	-3,434	-2,207	-4,242	-4,327	-3,665	-4,623
Purchases of Investments
Proceeds from Sale of Investments	4,439	2,898	3,905	3,873	2,595	3,766
Proceeds from Sale and Maturity of Investments
Payments for Business Acquisitions	—	—	—	-6	-3	—
Payments for Acquired Businesses, Net of Cash Acquired
Other Investing Activities	-1,759	-1,628	-1,233	-1,363	-1,315	-1,046.5
Reduction of Cash Due to Venezuela Deconsolidation
Capital Contributions in Joint Ventures
Receipts from Settlements of Derivative Instruments
Payments from Settlements of Derivative Instruments
Changes in Loans Receivable, Net
Cash from Investing Activities	-1,111	-1,225	-1,842	-2,128	-2,608	-2,085
Net Cash Provided by Investing Activities

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Issuance of Long-Term Debt	11,978	9,794	8,931	6,897	5,252	3,804
Funds Received from the Issuance of Convertible Notes
Proceeds from Loans Payable and Other Financial Liabilities
Repayments of Long-Term Debt	-11,519	-9,168	-8,453	-6,127	-4,514	-3,314
Transaction Costs from the Issuance of Convertible Notes
Payments on Convertible Note
Payments on Loans Payable and Other Financing Liabilities
Exercise of Convertible Notes
Payments on Repurchase of the 2028 Notes
Net Issuance / (Repayments) of Long-Term Debt	459	626	478	770	738	490
Issuance of Common Shares	—	—	—	—	—	—
Proceeds from Issuance of Common Stock, Net
Unwind of Convertible Note Capped Calls
Repurchases of Common Shares	-1	—	—	—	—	-1
Common Stock Repurchased
Net Issuance / (Repurchases) of Common Shares	-1	—	—	—	—	-1
Issuance of Preferred Shares	—	—	—	—	—	—
Proceeds from Issuance of Convertible Redeemable Preferred Stock, Net
Net Issuance / (Repurchases) of Preferred Shares	—	—	—	—	—	—
Common Share Dividends Paid	—	—	—	—	—	—
Dividends Paid
Preferred Share Dividends Paid	—	—	—	—	—	—
Dividends Paid of Preferred Stock
Other Financing Activities	-14	-13	-13	-13	-12	-13
Payments of Finance Lease Liabilities
Purchase of Convertible Note Capped Calls
Cash from Financing Activities	444	613	465	757	726	476
Net Cash Provided by Financing Activities

Free Cash Flow	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Free Cash Flow	2,602	2,630	759	2,619	1,377	1,698
NOPAT	479.3	602.6	533.9	686.7	425.2	577.1
Levered Free Cash Flow	2,554	3,480	701	3,904	2,051	2,365
Unlevered Free Cash Flow	2,153.3	2,933.6	262.9	3,181.7	1,341.2	1,921.1
Net Change in Cash	2,292	2,305	-346	1,553	-282	273