MercadoLibre, Inc. (MELI) balance sheet
NASDAQ · Consumer Cyclical · Specialty Retail · 123,670 employees · CEO Ariel Szarfsztejn
- Price
- $1,624.53 -2.14%
- Market cap
- $82.4B
- Enterprise value
- $91.9B
- Last report
- Q2 '26 filed 2026-08-06
- Next report
- 2026-11-04 EPS est. $9.27
At the end of Q2 '26 MercadoLibre, Inc. (MELI) held $5.73B in cash and short-term investments against $13.2B of debt incl. leases. Total assets $51.4B, total liabilities $43.5B, shareholders' equity $7.83B.
Balance sheet
| Balance sheet | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $2.17B | $2.56B | $2.58B | $2.82B | $2.16B | $2.64B | $2.98B | $3.01B | $2.58B | $3.67B | $3.68B | $3.65B | |
| Short-term investments | $1.56B | $1.2B | $1.17B | $995M | $1.11B | $1.12B | $741M | $960M | $1.5B | $2.63B | $1.78B | $2.08B | |
| Receivables | $5.87B | $6.56B | $7.25B | $7.8B | $9.05B | $10.5B | $11.3B | $13.5B | $14.8B | $7.26B | $18.5B | $19.8B | |
| Inventory | $246M | $238M | $223M | $257M | $322M | $296M | $358M | $434M | $532M | $570M | $677M | $822M | |
| Other current assets | $3.16B | $3.63B | $4.28B | $4.61B | $5.19B | $5.52B | $6.37B | $8.19B | $9.43B | $19.4B | $12.5B | $14.4B | |
| Current assets | $13.1B | $14.3B | $15.5B | $16.5B | $17.8B | $20.1B | $21.7B | $26.1B | $28.8B | $33.6B | $37.1B | $40.8B | |
| Property, plant & equipment (net) | $1.88B | $2.15B | $2.13B | $1.99B | $2.25B | $2.48B | $2.83B | $3.46B | $4.1B | $4.5B | $4.82B | $5.29B | |
| Long-term investments | $125M | $139M | $226M | $398M | $1.21B | $1.19B | $1.31B | $1.38B | $1.33B | $1.76B | $1.69B | $1.72B | |
| Goodwill | $159M | $163M | $158M | $149M | $149M | $149M | $155M | $160M | $161M | $163M | $165M | $168M | |
| Intangible assets | $21M | $35M | $52M | $49M | $46M | $61M | $92M | $108M | $116M | $33M | $33M | $30M | |
| Deferred tax assets | $489M | $710M | $810M | $767M | $780M | $802M | $968M | $1.14B | $1.38B | $1.54B | $1.89B | $2.17B | |
| Other non-current assets | $403M | $156M | $179M | $195M | $366M | $373M | $592M | $640M | $815M | $1.1B | $1.22B | $1.21B | |
| Non-current assets | $3.07B | $3.35B | $3.56B | $3.55B | $4.8B | $5.05B | $5.94B | $6.89B | $7.9B | $9.09B | $9.81B | $10.6B | |
| Total assets | $16.1B | $17.6B | $19.1B | $20B | $22.6B | $25.2B | $27.7B | $32.9B | $36.7B | $42.7B | $46.9B | $51.4B | |
| Liabilities | |||||||||||||
| Accounts payable | $1.91B | $2.12B | $2.2B | $2.56B | $2.94B | $3.2B | $3.33B | $3.88B | $4.05B | $4.5B | $5.04B | $5.74B | |
| Accrued expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $830M | |
| Short-term debt | $2.25B | $2.26B | $2.21B | $2.17B | $2.22B | $2.79B | $3.53B | $3.78B | $4.39B | $4.58B | $5.27B | $6.48B | |
| Taxes payable | $530M | $477M | $500M | $419M | $426M | $525M | $487M | $766M | $888M | $1.14B | $1.3B | $1.22B | |
| Deferred revenue | $0 | $66M | $0 | $0 | $0 | $106M | $0 | $0 | $0 | $169M | $0 | $9M | |
| Other current liabilities | $143M | $53M | $225M | $234M | $296M | $103M | $236M | $342M | $399M | $240M | $518M | $567M | |
| Current liabilities | $10.3B | $11.3B | $12.3B | $12.9B | $14.3B | $16.6B | $18.1B | $21.8B | $24.5B | $28.6B | $32B | $36.4B | |
| Long-term debt | $2.14B | $2.11B | $2.13B | $2.36B | $3.03B | $2.81B | $2.79B | $3.41B | $3.34B | $4.49B | $4.54B | $4.14B | |
| Lease obligations (non-current) | $655M | $768M | $745M | $701M | $839M | $975M | $1.09B | $1.41B | $1.71B | $1.85B | $2.02B | $2.04B | |
| Deferred revenue (non-current) | $0 | $9M | $0 | $0 | $0 | $9M | $0 | $0 | $0 | $145M | $0 | $0 | |
| Deferred tax liabilities | $163M | $183M | $226M | $159M | $193M | $204M | $270M | $293M | $341M | $372M | $386M | $312M | |
| Other non-current liabilities | $116M | $211M | $313M | $239M | $242M | $248M | $471M | $375M | $565M | $430M | $741M | $657M | |
| Non-current liabilities | $3.08B | $3.28B | $3.42B | $3.46B | $4.31B | $4.24B | $4.61B | $5.49B | $5.95B | $7.29B | $7.68B | $7.15B | |
| Total liabilities | $13.4B | $14.5B | $15.7B | $16.4B | $18.6B | $20.8B | $22.7B | $27.2B | $30.5B | $35.9B | $39.7B | $43.5B | |
| Equity | |||||||||||||
| Retained earnings | $1.74B | $1.9B | $2.25B | $2.78B | $3.17B | $3.81B | $4.31B | $4.83B | $5.25B | $5.81B | $6.23B | $6.69B | |
| Accumulated other comprehensive income | -$366M | -$290M | -$315M | -$579M | -$630M | -$920M | -$761M | -$575M | -$491M | -$520M | -$404M | -$317M | |
| Shareholders' equity | $2.74B | $3.07B | $3.39B | $3.66B | $4B | $4.35B | $5B | $5.71B | $6.22B | $6.75B | $7.28B | $7.83B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $5.24B | $5.33B | $5.29B | $5.4B | $6.32B | $6.85B | $7.73B | $8.98B | $9.88B | $11.4B | $12.3B | $13.2B | |
| Net debt (debt - cash) | $3.07B | $2.78B | $2.71B | $2.59B | $4.16B | $4.22B | $4.75B | $5.97B | $7.3B | $7.72B | $8.67B | $9.53B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $234M | $388M | $440M | $1.38B | $1.86B | $2.59B | $1.91B | $2.56B | $2.64B | $3.67B | |
| Short-term investments | $253M | $209M | $462M | $1.6B | $604M | $208M | $1.12B | $1.2B | $1.12B | $2.63B | |
| Receivables | $359M | $673M | $542M | $673M | $1.38B | $3.34B | $4.98B | $6.56B | $10.5B | $7.26B | |
| Inventory | $1.1M | $2.55M | $4.61M | $8.63M | $118M | $253M | $152M | $238M | $296M | $570M | |
| Other current assets | $6.49M | $7.38M | $34.7M | $80.1M | $1.3B | $1.7B | $2.7B | $3.63B | $5.52B | $19.4B | |
| Current assets | $869M | $1.29B | $1.51B | $3.79B | $5.35B | $8.18B | $11B | $14.3B | $20.1B | $33.6B | |
| Property, plant & equipment (net) | $124M | $115M | $166M | $445M | $695M | $1.27B | $1.65B | $2.15B | $2.48B | $4.5B | |
| Long-term investments | $154M | $34.7M | $276M | $264M | $166M | $76M | $301M | $139M | $1.19B | $1.76B | |
| Goodwill | $91.8M | $92.3M | $88.9M | $87.6M | $85.2M | $148M | $153M | $163M | $149M | $163M | |
| Intangible assets | $26.3M | $23.2M | $18.6M | $14.3M | $14.2M | $45M | $25M | $35M | $61M | $33M | |
| Deferred tax assets | $45M | $57.3M | $141M | $118M | $135M | $181M | $346M | $710M | $802M | $1.54B | |
| Other non-current assets | $56.8M | $63.9M | $37.7M | $64.7M | $84.2M | $208M | $309M | $156M | $373M | $1.1B | |
| Non-current assets | $498M | $386M | $728M | $993M | $1.18B | $1.93B | $2.78B | $3.35B | $5.05B | $9.09B | |
| Total assets | $1.37B | $1.67B | $2.24B | $4.78B | $6.53B | $10.1B | $13.7B | $17.6B | $25.2B | $42.7B | |
| Liabilities | |||||||||||
| Accounts payable | $95.1M | $199M | $243M | $331M | $728M | $1.04B | $1.39B | $2.12B | $3.2B | $4.5B | |
| Accrued expenses | $5.84M | $17.7M | $17.3M | $35.6M | $29.6M | $41.4M | $0 | $0 | $0 | $0 | |
| Short-term debt | $11.6M | $56.3M | $131M | $184M | $541M | $1.28B | $2.12B | $2.26B | $2.79B | $4.58B | |
| Taxes payable | $27.3M | $32.2M | $31.1M | $60.2M | $216M | $291M | $414M | $477M | $525M | $1.14B | |
| Deferred revenue | $0 | $0 | $26.4M | $107M | $86.6M | $67M | $81M | $66M | $106M | $169M | |
| Other current liabilities | $10.5M | $7.55M | $13.8M | $12.8M | $31.7M | -$18.4M | $63M | $53M | $103M | $240M | |
| Current liabilities | $577M | $968M | $1.17B | $1.75B | $3.64B | $5.84B | $8.56B | $11.3B | $16.6B | $28.6B | |
| Long-term debt | $302M | $312M | $597M | $624M | $845M | $2.2B | $2.59B | $2.11B | $2.81B | $4.49B | |
| Lease obligations (non-current) | $1.01M | $0 | $5.66M | $184M | $260M | $408M | $551M | $768M | $975M | $1.85B | |
| Deferred revenue (non-current) | $0 | $0 | $0 | $0 | $4.68M | $11M | $13M | $9M | $9M | $145M | |
| Deferred tax liabilities | $34.1M | $23.8M | $91.7M | $100M | $64.4M | $62M | $106M | $183M | $204M | $372M | |
| Other non-current liabilities | $25M | $43.5M | $42.7M | $39.4M | $65.4M | $55M | $87M | $211M | $248M | $430M | |
| Non-current liabilities | $362M | $379M | $737M | $947M | $1.24B | $2.73B | $3.35B | $3.28B | $4.24B | $7.29B | |
| Total liabilities | $939M | $1.35B | $1.9B | $2.7B | $4.87B | $8.57B | $11.9B | $14.5B | $20.8B | $35.9B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $44K | $44K | $45K | $50K | $50K | $0 | $0 | $0 | $0 | $0 | |
| Retained earnings | $551M | $538M | $503M | $323M | $314M | $397M | $913M | $1.9B | $3.81B | $5.81B | |
| Accumulated other comprehensive income | -$260M | -$283M | -$392M | -$407M | -$468M | -$515M | -$464M | -$290M | -$920M | -$520M | |
| Shareholders' equity | $429M | $326M | $337M | $2.08B | $1.65B | $1.53B | $1.83B | $3.07B | $4.35B | $6.75B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $315M | $368M | $735M | $1.02B | $1.71B | $3.98B | $5.41B | $5.33B | $6.85B | $11.4B | |
| Net debt (debt - cash) | $80.4M | -$19.8M | $295M | -$367M | -$148M | $1.4B | $3.5B | $2.78B | $4.22B | $7.72B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-01