MercadoLibre (MELI) Revenue & Revenue Breakdown
MercadoLibre Revenue Highlights
Latest Revenue (Y)
$14.47B
Latest Revenue (Q)
$4.59B
Main Segment (Y)
Service
Main Geography (Y)
Brazil Segment
MercadoLibre Revenue by Period
MercadoLibre Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $14.47B | 37.35% |
| 2022-12-31 | $10.54B | 49.05% |
| 2021-12-31 | $7.07B | 77.92% |
| 2020-12-31 | $3.97B | 73.04% |
| 2019-12-31 | $2.30B | 59.50% |
| 2018-12-31 | $1.44B | 2.97% |
| 2017-12-31 | $1.40B | 65.57% |
| 2016-12-31 | $844.40M | 29.55% |
| 2015-12-31 | $651.79M | 17.12% |
| 2014-12-31 | $556.54M | 17.76% |
| 2013-12-31 | $472.59M | 26.50% |
| 2012-12-31 | $373.60M | 24.98% |
| 2011-12-31 | $298.93M | 37.94% |
| 2010-12-31 | $216.72M | 25.38% |
| 2009-12-31 | $172.84M | 26.14% |
| 2008-12-31 | $137.02M | 60.96% |
| 2007-12-31 | $85.13M | 63.52% |
| 2006-12-31 | $52.06M | 84.28% |
| 2005-12-31 | $28.25M | 123.08% |
| 2004-12-31 | $12.66M | 126.13% |
| 2003-12-31 | $5.60M | 229.41% |
| 2002-12-31 | $1.70M | - |
MercadoLibre generated $14.47B in revenue during NA 2023, up 37.35% compared to the previous quarter, and up 1005.31% compared to the same period a year ago.
MercadoLibre Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $4.59B | 5.98% |
| 2024-03-31 | $4.33B | 1.69% |
| 2023-12-31 | $4.26B | 13.32% |
| 2023-09-30 | $3.76B | 10.10% |
| 2023-06-30 | $3.42B | 12.45% |
| 2023-03-31 | $3.04B | 1.17% |
| 2022-12-31 | $3.00B | 11.60% |
| 2022-09-30 | $2.69B | 3.58% |
| 2022-06-30 | $2.60B | 15.52% |
| 2022-03-31 | $2.25B | 5.50% |
| 2021-12-31 | $2.13B | 14.71% |
| 2021-09-30 | $1.86B | 9.09% |
| 2021-06-30 | $1.70B | 23.53% |
| 2021-03-31 | $1.38B | 3.85% |
| 2020-12-31 | $1.33B | 18.97% |
| 2020-09-30 | $1.12B | 27.02% |
| 2020-06-30 | $878.37M | 34.70% |
| 2020-03-31 | $652.09M | -3.29% |
| 2019-12-31 | $674.27M | 11.81% |
| 2019-09-30 | $603.03M | 10.60% |
| 2019-06-30 | $545.24M | 15.09% |
| 2019-03-31 | $473.77M | 10.69% |
| 2018-12-31 | $428.02M | 20.47% |
| 2018-09-30 | $355.28M | 5.93% |
| 2018-06-30 | $335.38M | 4.49% |
| 2018-03-31 | $320.98M | -26.55% |
| 2017-12-31 | $436.98M | 17.89% |
| 2017-09-30 | $370.66M | 17.10% |
| 2017-06-30 | $316.53M | 15.55% |
| 2017-03-31 | $273.93M | 6.89% |
| 2016-12-31 | $256.27M | 11.02% |
| 2016-09-30 | $230.85M | 15.63% |
| 2016-06-30 | $199.64M | 26.65% |
| 2016-03-31 | $157.63M | -12.78% |
| 2015-12-31 | $180.73M | 7.17% |
| 2015-09-30 | $168.64M | 9.28% |
| 2015-06-30 | $154.31M | 4.19% |
| 2015-03-31 | $148.10M | -8.22% |
| 2014-12-31 | $161.37M | 9.08% |
| 2014-09-30 | $147.93M | 12.20% |
| 2014-06-30 | $131.85M | 14.27% |
| 2014-03-31 | $115.38M | -14.30% |
| 2013-12-31 | $134.63M | 9.41% |
| 2013-09-30 | $123.06M | 9.69% |
| 2013-06-30 | $112.18M | 9.21% |
| 2013-03-31 | $102.73M | -0.99% |
| 2012-12-31 | $103.75M | 6.67% |
| 2012-09-30 | $97.27M | 9.48% |
| 2012-06-30 | $88.84M | 6.10% |
| 2012-03-31 | $83.74M | -3.16% |
| 2011-12-31 | $86.47M | 5.93% |
| 2011-09-30 | $81.63M | 17.66% |
| 2011-06-30 | $69.38M | 12.88% |
| 2011-03-31 | $61.46M | -1.37% |
| 2010-12-31 | $62.32M | 11.38% |
| 2010-09-30 | $55.95M | 6.55% |
| 2010-06-30 | $52.51M | 14.31% |
| 2010-03-31 | $45.94M | -6.29% |
| 2009-12-31 | $49.02M | -3.12% |
| 2009-09-30 | $50.60M | 23.71% |
| 2009-06-30 | $40.90M | 26.54% |
| 2009-03-31 | $32.32M | -3.37% |
| 2008-12-31 | $33.45M | -16.92% |
| 2008-09-30 | $40.26M | 16.79% |
| 2008-06-30 | $34.47M | 19.52% |
| 2008-03-31 | $28.84M | 7.24% |
| 2007-12-31 | $26.89M | - |
MercadoLibre generated $4.59B in revenue during Q2 2024, up 5.98% compared to the previous quarter, and up 151.20% compared to the same period a year ago.
MercadoLibre Revenue Breakdown
MercadoLibre Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Service | $12.98B | $9.44B | $6.15B | - | - |
| Product | $1.49B | $1.09B | $920.14M | - | - |
| Fintech | - | - | - | $1.41B | - |
| Commerce | - | - | - | $2.56B | - |
| Marketplace | - | - | - | - | $1.20B |
| Nonmarketplace | - | - | - | - | $1.10B |
MercadoLibre's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (89.70%), and Product (10.30%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $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 | - | - | - | - | - | - | - |
| Service | $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 | - | - | - | - | - | - | - |
| Fintech | - | - | - | - | - | - | - | - | - | $971.00M | $454.41M | $391.24M | $296.67M | $271.38M | - | - | - | - | - | - |
| Commerce | - | - | - | - | - | - | - | - | - | $1.28B | $872.89M | $724.47M | $581.70M | $380.71M | - | - | - | - | - | - |
| Nonmarketplace | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $324.53M | $294.94M |
| Marketplace | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $349.74M | $308.09M |
MercadoLibre's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Service (90.52%), and Product (9.48%).
MercadoLibre Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Other Countries Segment | $653.00M | $507.00M | $456.44M | $223.97M | $103.34M |
| Brazil Segment | $7.59B | $5.67B | $3.91B | $2.19B | $1.46B |
| Mexico Segment | $2.98B | $1.86B | $1.17B | $575.17M | $275.13M |
MercadoLibre's latest annual revenue breakdown by geography, as of Dec 23: Brazil Segment (67.61%), Mexico Segment (26.57%), and Other Countries Segment (5.81%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Mar 22 | Sep 21 | Jun 21 | Mar 21 | Sep 20 | Jun 20 | Mar 20 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mexico Segment | $1.20B | $971.00M | $2.21B | $772.00M | $364.00M | $291.50M | $258.08M | $230.50M | $150.38M | $125.95M | $94.75M | $71.36M | $64.38M | $54.56M | $28.96M | $17.54M | $17.07M |
| Brazil Segment | $2.79B | $2.57B | $5.59B | $2.01B | $1.25B | $1.06B | $951.09M | $768.72M | $610.72M | $465.30M | $397.45M | $389.94M | $340.86M | $302.38M | $220.83M | $195.84M | $184.16M |
| Other Countries Segment | $223.00M | $176.00M | $496.00M | $157.00M | $114.00M | $110.23M | $127.52M | $81.98M | $69.85M | $47.92M | $27.02M | $25.52M | $26.09M | $23.05M | $21.78M | $21.89M | $17.82M |
MercadoLibre's latest quarterly revenue breakdown by geography, as of Jun 24: Brazil Segment (66.18%), Mexico Segment (28.53%), and Other Countries Segment (5.30%).
MercadoLibre Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JD | JD | $1.08T | $260.05B |
| BABA | Alibaba Group | $941.17B | $221.87B |
| PDD | PDD | $247.64B | $86.81B |
| VIPS | Vipshop | $112.86B | $27.65B |
| MELI | MercadoLibre | $14.47B | $4.59B |
| SE | Sea | $13.08B | $3.73B |
| W | Wayfair | $12.00B | $3.12B |
| CHWY | Chewy | $11.15B | $2.86B |
| FTCH | Farfetch | $2.32B | $572.09M |
| GLBE | Global-e Online | $569.95M | $145.87M |
| JMIA | Jumia | $186.40M | $45.31M |
MELI Revenue FAQ
What is MercadoLibre’s yearly revenue?
MercadoLibre's yearly revenue for 2023 was $14.47B, representing an increase of 37.35% compared to 2022. The company's yearly revenue for 2022 was $10.54B, representing an increase of 49.05% compared to 2021. MELI's yearly revenue for 2021 was $7.07B, representing an increase of 77.92% compared to 2020.
What is MercadoLibre’s quarterly revenue?
MercadoLibre's quarterly revenue for Q2 2024 was $4.59B, a 5.98% increase from the previous quarter (Q1 2024), and a 34.47% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $4.33B, a 1.69% increase from the previous quarter (Q4 2023), and a 42.67% increase year-over-year (Q1 2023). MELI's quarterly revenue for Q4 2023 was $4.26B, a 13.32% increase from the previous quarter (Q3 2023), and a 41.94% increase year-over-year (Q4 2022).
What is MercadoLibre’s revenue growth rate?
MercadoLibre's revenue growth rate for the last 3 years (2021-2023) was 104.73%, and for the last 5 years (2019-2023) was 530.27%.
What are MercadoLibre’s revenue streams?
MercadoLibre's revenue streams in c 23 are Service, and Product. Service generated $12.98B in revenue, accounting 89.70% of the company's total revenue, up 37.50% year-over-year. Product generated $1.49B in revenue, accounting 10.30% of the company's total revenue, up 36.07% year-over-year.
What is MercadoLibre’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of MercadoLibre was Service. This segment made a revenue of $12.98B, representing 89.70% of the company's total revenue.