MercadoLibre, Inc. (MELI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 37.12B | 33.57B | 28.8B | 26.06B | 21.74B | 20.14B | 17.82B | 16.48B | 15.51B | 14.26B | 13.05B | 12.29B | 11.34B | 10.95B | 9.35B | 8.86B | 8.71B | 8.18B | 5.28B | 4.57B |
| Cash & Short-Term Investments | 17.11B | 6.3B | 4.08B | 3.97B | 3.72B | 3.75B | 3.27B | 3.81B | 3.75B | 3.75B | 3.73B | 3.3B | 3.21B | 3.03B | 2.38B | 2.23B | 2.04B | 2.79B | 1.29B | 1.26B |
| Cash Only | 15.14B | 3.67B | 2.58B | 3.01B | 2.98B | 2.63B | 2.16B | 2.82B | 2.58B | 2.56B | 2.17B | 1.86B | 2.14B | 1.91B | 1.46B | 1.33B | 1.57B | 2.58B | 987.21M | 1.07B |
| Short-Term Investments | 1.97B | 2.63B | 1.5B | 960M | 741M | 1.11B | 1.11B | 995M | 1.17B | 1.2B | 1.56B | 1.44B | 1.07B | 1.12B | 930M | 897M | 471M | 208M | 302.69M | 190.48M |
| Accounts Receivable | 370M | 7.26B | 14.76B | 13.47B | 11.29B | 10.47B | 9.05B | 7.8B | 7.25B | 6.56B | 5.87B | 5.05B | 4.81B | 4.97B | 4.38B | 4.39B | 4.27B | 3.34B | 2.27B | 1.81B |
| Days Sales Outstanding | 38.83 | 115.63 | 175.26 | 165.96 | 165.06 | 148.23 | 145.89 | 134.98 | 145 | 134.18 | 127.89 | 125.06 | 138.18 | 143.38 | 150.06 | 151.73 | 152.24 | 121.11 | 100.98 | 84.75 |
| Inventory | 677M | 570M | 532M | 434M | 358M | 296M | 322M | 257M | 223M | 238M | 246M | 236M | 199M | 152M | 160M | 183M | 239M | 253M | 226.69M | 169.45M |
| Days Inventory Outstanding | 11.26 | 10.19 | 10.58 | 9.75 | 9.3 | 8.59 | 9.27 | 8.06 | 9.08 | 9.65 | 12.1 | 11.28 | 10.05 | 9.3 | 11.76 | 14.62 | 18.84 | 17.27 | 17.34 | 14.43 |
| Other Current Assets | 18.96B | 19.44B | 9.43B | 8.19B | 6.37B | 5.52B | 5.18B | 4.61B | 4.28B | 3.63B | 3.16B | 3.65B | 3.07B | 2.7B | 2.36B | 1.98B | 2.08B | 1.7B | 1.44B | 1.27B |
| Total Non-Current Assets | 9.81B | 9.09B | 7.9B | 6.89B | 5.94B | 5.05B | 4.8B | 3.55B | 3.56B | 3.35B | 3.07B | 2.95B | 2.87B | 2.78B | 2.61B | 2.58B | 2.32B | 1.93B | 1.52B | 1.58B |
| Property, Plant & Equipment | 4.82B | 4.5B | 4.1B | 3.46B | 2.83B | 2.48B | 2.25B | 1.99B | 2.13B | 2.15B | 1.88B | 1.87B | 1.73B | 1.65B | 1.53B | 1.46B | 1.51B | 1.27B | 1.09B | 1.02B |
| Fixed Asset Turnover | 1.90x | 2.04x | 1.96x | 2.16x | 2.24x | 2.56x | 2.50x | 2.46x | 2.02x | 2.12x | 2.10x | 1.99x | 1.88x | 1.89x | 1.80x | 1.75x | 1.62x | 1.81x | 1.76x | 1.87x |
| Goodwill | 165M | 163M | 161M | 160M | 155M | 149M | 149M | 149M | 158M | 163M | 159M | 166M | 160M | 153M | 147M | 149M | 162M | 148M | 80.95M | 85.17M |
| Intangible Assets | 33M | 33M | 116M | 108M | 92M | 61M | 46M | 49M | 52M | 35M | 21M | 22M | 24M | 25M | 29M | 31M | 43M | 45M | 30.71M | 23.89M |
| Long-Term Investments | 1.7B | 1.76B | 1.33B | 1.38B | 1.31B | 1.19B | 1.21B | 398M | 226M | 139M | 125M | 126M | 257M | 301M | 360M | 441M | 106M | 76M | 38.03M | 181.41M |
| Other Non-Current Assets | 1.21B | 2.63B | 815M | 640M | 592M | 373M | 366M | 195M | 179M | 156M | 403M | 422M | 334M | 309M | 274M | 258M | 263M | 208M | 147.37M | 136.71M |
| Total Assets | 46.93B | 42.67B | 36.69B | 32.95B | 27.68B | 25.2B | 22.62B | 20.03B | 19.06B | 17.61B | 16.12B | 15.24B | 14.2B | 13.74B | 11.96B | 11.45B | 11.02B | 10.1B | 6.8B | 6.14B |
| Asset Turnover | 0.20x | 0.22x | 0.21x | 0.22x | 0.22x | 0.25x | 0.25x | 0.26x | 0.24x | 0.25x | 0.25x | 0.24x | 0.23x | 0.23x | 0.23x | 0.23x | 0.21x | 0.25x | 0.29x | 0.30x |
| Asset Growth % | 69.55% | 69.34% | 62.18% | 64.49% | 45.22% | 43.06% | 40.31% | 31.4% | 34.23% | 28.22% | 34.79% | 33.16% | 28.83% | 35.99% | 75.91% | 86.35% | 112.07% | 54.77% | 18.51% | 12.65% |
| Total Current Liabilities | 31.97B | 28.63B | 24.52B | 21.75B | 18.07B | 16.6B | 14.31B | 12.91B | 12.26B | 11.26B | 10.31B | 9.62B | 8.83B | 8.56B | 7B | 6.82B | 6.23B | 5.84B | 4.29B | 3.87B |
| Accounts Payable | 14.14B | 8.09B | 4.05B | 3.88B | 3.33B | 3.2B | 2.94B | 2.56B | 2.2B | 2.12B | 1.91B | 1.83B | 1.6B | 1.39B | 1.16B | 1.13B | 1.03B | 1.04B | 906.39M | 857.62M |
| Days Payables Outstanding | 200.76 | 112.24 | 86.83 | 88.7 | 92.82 | 85.27 | 88 | 79.96 | 85.13 | 80.33 | 93.93 | 88.92 | 85.59 | 75.91 | 78.36 | 74.78 | 79.01 | 69.94 | 77.21 | 70.47 |
| Short-Term Debt | 472M | 4.62B | 4.39B | 3.78B | 3.53B | 2.79B | 2.22B | 2.17B | 2.21B | 2.26B | 2.25B | 2.26B | 2.31B | 2.12B | 1.93B | 1B | 729M | 1.27B | 755.66M | 571.65M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 106M | 0 | 0 | 0 | 66M | 0 | 0 | 0 | 81M | 0 | 0 | 0 | 67M | 0 | 0 |
| Other Current Liabilities | 17.35B | 14.58B | 399M | 342M | 236M | 103M | 296M | 234M | 225M | 53M | 143M | 173M | 151M | 63M | 121M | 1.01B | 852M | -18.43M | 70.19M | 75.81M |
| Current Ratio | 1.16x | 1.17x | 1.17x | 1.20x | 1.20x | 1.21x | 1.25x | 1.28x | 1.27x | 1.27x | 1.27x | 1.28x | 1.28x | 1.28x | 1.34x | 1.30x | 1.40x | 1.40x | 1.23x | 1.18x |
| Quick Ratio | 1.14x | 1.15x | 1.15x | 1.18x | 1.18x | 1.20x | 1.22x | 1.26x | 1.25x | 1.24x | 1.24x | 1.25x | 1.26x | 1.26x | 1.31x | 1.27x | 1.36x | 1.36x | 1.18x | 1.14x |
| Cash Conversion Cycle | -150.67 | 13.58 | 99.01 | 87.01 | 81.54 | 71.54 | 67.16 | 63.08 | 68.95 | 63.5 | 46.06 | 47.42 | 62.63 | 76.76 | 83.46 | 91.57 | 92.07 | 68.44 | 41.11 | 28.7 |
| Total Non-Current Liabilities | 7.68B | 7.29B | 5.95B | 5.49B | 4.61B | 4.24B | 4.31B | 3.46B | 3.42B | 3.28B | 3.08B | 3.38B | 3.33B | 3.35B | 3.33B | 3.04B | 3.21B | 2.73B | 2.39B | 2.19B |
| Long-Term Debt | 1.95B | 4.57B | 3.34B | 3.41B | 2.79B | 2.81B | 3.03B | 2.36B | 2.13B | 2.11B | 2.14B | 2.44B | 2.46B | 2.59B | 2.71B | 2.48B | 2.6B | 2.2B | 1.94B | 1.76B |
| Capital Lease Obligations | 0 | 1.77B | 1.71B | 1.41B | 1.08B | 975M | 839M | 701M | 745M | 768M | 655M | 635M | 572M | 551M | 508M | 457M | 473M | 408M | 339.13M | 338.94M |
| Deferred Tax Liabilities | 386M | 0 | 341M | 293M | 270M | 204M | 193M | 159M | 226M | 183M | 163M | 112M | 117M | 106M | 36M | 32M | 42M | 62M | 54.95M | 48.53M |
| Other Non-Current Liabilities | 5.35B | 947M | 565M | 375M | 471M | 248M | 242M | 239M | 313M | 211M | 116M | 187M | 188M | 87M | 80M | 77M | 92M | 55M | 57.83M | 41.88M |
| Total Liabilities | 39.65B | 35.92B | 30.47B | 27.23B | 22.68B | 20.84B | 18.62B | 16.37B | 15.67B | 14.54B | 13.38B | 12.99B | 12.16B | 11.91B | 10.33B | 9.87B | 9.43B | 8.57B | 6.68B | 6.06B |
| Total Debt | 2.42B | 11.39B | 9.88B | 8.98B | 7.72B | 6.85B | 6.32B | 5.4B | 5.29B | 5.33B | 5.24B | 5.53B | 5.52B | 5.41B | 5.28B | 4.06B | 3.92B | 3.98B | 3.13B | 2.76B |
| Net Debt | -12.72B | 7.72B | 7.29B | 5.97B | 4.75B | 4.21B | 4.16B | 2.58B | 2.71B | 2.78B | 3.07B | 3.67B | 3.38B | 3.5B | 3.83B | 2.73B | 2.35B | 1.4B | 2.14B | 1.69B |
| Debt / Equity | 0.33x | 1.69x | 1.59x | 1.57x | 1.54x | 1.57x | 1.58x | 1.48x | 1.56x | 1.74x | 1.91x | 2.45x | 2.71x | 2.96x | 3.24x | 2.57x | 2.47x | 2.60x | 25.42x | 34.09x |
| Debt / EBITDA | 2.82x | 10.11x | 10.59x | 8.77x | 8.26x | 7.05x | 8.86x | 6.14x | 7.75x | 14.22x | 5.70x | 6.94x | 10.15x | 11.49x | 13.44x | 11.59x | 17.59x | 44.00x | 14.75x | 12.97x |
| Net Debt / EBITDA | -14.85x | 6.85x | 7.82x | 5.83x | 5.08x | 4.34x | 5.83x | 2.94x | 3.97x | 7.41x | 3.34x | 4.60x | 6.21x | 7.44x | 9.73x | 7.80x | 10.53x | 15.44x | 10.09x | 7.95x |
| Interest Coverage | 9.40x | 21.63x | 7.89x | 20.89x | 19.10x | 16.90x | 14.00x | 18.13x | 13.66x | 8.18x | 11.02x | 10.63x | 10.41x | 4.08x | 3.15x | 3.23x | 23.86x | 0.37x | 3.83x | 4.52x |
| Total Equity | 7.28B | 6.75B | 6.22B | 5.71B | 5B | 4.35B | 4B | 3.66B | 3.39B | 3.07B | 2.74B | 2.25B | 2.04B | 1.83B | 1.63B | 1.58B | 1.59B | 1.53B | 122.98M | 81.03M |
| Equity Growth % | 45.5% | 55.09% | 55.37% | 56.26% | 47.61% | 41.68% | 46.01% | 62.34% | 66.18% | 68.09% | 68.06% | 42.53% | 28.38% | 19.33% | 1226.28% | 1849.9% | 5326.29% | -7.3% | -93.15% | -95.75% |
| Book Value per Share | 143.62 | 133.10 | 122.65 | 112.69 | 98.70 | 85.82 | 78.94 | 72.11 | 66.87 | 60.57 | 54.59 | 44.02 | 39.82 | 35.63 | 31.78 | 31.37 | 31.52 | 30.74 | 2.48 | 1.63 |
| Total Shareholders' Equity | 7.28B | 6.75B | 6.22B | 5.71B | 5B | 4.35B | 4B | 3.66B | 3.39B | 3.07B | 2.74B | 2.25B | 2.04B | 1.83B | 1.63B | 1.58B | 1.59B | 1.53B | 122.98M | 81.03M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49K | 50K |
| Retained Earnings | 6.23B | 5.81B | 5.25B | 4.83B | 4.31B | 3.81B | 3.17B | 2.78B | 2.25B | 1.9B | 1.74B | 1.38B | 1.11B | 913M | 748M | 619M | 496M | 397M | 443.52M | 348.3M |
| Treasury Stock | 0 | -312M | -312M | -311M | -311M | -311M | -311M | -311M | -310M | -310M | -587M | -1.14B | -992M | -931M | -898M | -858M | -829M | -790M | -744.1M | -276.22M |
| Accumulated OCI | -404M | -520M | -491M | -575M | -761M | -920M | -630M | -579M | -315M | -290M | -366M | -295M | -391M | -464M | -527M | -489M | -386M | -515M | -496.08M | -446.3M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |