MERCADOLIBRE INC

For the period ended Dec 31, 2025. Filed Feb 25, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 25, 2026

MELI$1,490.24-2.8%Stored close · as of Nov 10, 2026

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Contents

Consolidated balance sheets as of December 31, 202 and

Consolidated Balance Sheets

As of December 31, 2025 and 2024 (In millions of U.S. dollars, except par value)

	December 31,
	2025	2024
Assets
Current assets:
Cash and cash equivalents	$3,670	$2,635
Restricted cash and cash equivalents	9,867	2,064
Short-term investments	2,629	4,485
Accounts receivable, net	369	255
Credit card receivables and other means of payments, net	6,893	5,288
Loans receivable, net of allowances of $3,057 and $1,630 (Note 5)	8,855	4,716
Inventories	570	296
Other assets	720	403
Total current assets	33,573	20,142
Non-current assets:
Long-term investments	1,764	1,203
Credit card receivables and other means of payments, net	153	—
Loans receivable, net of allowances of $86 and $48 (Note 5)	510	179
Property and equipment, net	2,303	1,380
Operating lease right-of-use assets	2,201	1,098
Goodwill	163	149
Intangible assets, net	33	12
Intangible assets at fair value	—	49
Deferred tax assets	1,541	802
Other assets	426	182
Total non-current assets	9,094	5,054
Total assets	$42,667	$25,196
Liabilities
Current liabilities:
Accounts payable and accrued expenses	$4,502	$3,196
Funds payable to customers	13,029	6,954
Amounts payable due to credit and debit card transactions	3,584	1,923
Salaries and social security payable	916	727
Taxes payable	1,140	525
Loans payable and other financial liabilities	4,623	2,828
Operating lease liabilities	430	241
Other liabilities	409	209
Total current liabilities	28,633	16,603
Non-current liabilities:
Amounts payable due to credit and debit card transactions	187	41
Loans payable and other financial liabilities	4,570	2,887
Operating lease liabilities	1,769	894
Deferred tax liabilities	372	204
Other liabilities	388	216
Total non-current liabilities	7,286	4,242
Total liabilities	$35,919	$20,845
Commitments and contingencies (Note 14)
Equity
Common stock, 0.001 par value, $110,000,000 shares authorized, $50,697,182 and $50,697,375 shares issued and outstanding	$—	$—
Additional paid-in capital	1,771	1,770
Treasury stock, 225,931 and 225,474 shares	(312)	(311)
Retained earnings	5,809	3,812
Accumulated other comprehensive loss	(520)	(920)
Total equity	6,748	4,351
Total liabilities and equity	$42,667	$25,196

77| MercadoLibre, Inc.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.