MELI at a glance
Mercado Libre (MELI, SEC CIK 1099590) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 14, 2026 and Form 4 insider filings as recently as June 15, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Mercado Libre (MELI) reported revenue of $20.3 billion (up 34.3% from FY2024) and net income of $2.0 billion. Diluted EPS was $39.40.
- As of June 30, 2026, 43 institutional investment managers tracked by SignalX reported holding Mercado Libre (MELI) shares worth $14.8 billion in 13F-HR filings.
- The most recent insider open-market purchase reported on Form 4 was by Melamud Marcelo on June 11, 2026 of 125 shares at $1604.62 per share.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $20.3B
- +34.3% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 43 funds
- $14.8B · +0 vs prior quarter
- Latest 8-K
- Sep 14, 2026
- Item 8.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Risk Factors
- Mexican antitrust authority (CNAE) closed 2025 probe into Mercado Libre's Buy Box algorithms and logistics integration: no penalties imposed but future reviews signaled
- Brazil, Argentina, Mexico = 95.6% of 2025 revenues; Argentine inflation 31.5% in 2025 (down from 117.8% in 2024), peso/dollar rate up 41%
- Rapidly expanding Asian e-commerce platforms gained significant Latin American market share in 2025 via direct-from-manufacturer supply chains and low-price strategies
- Installment payments = 19.0% of Mercado Pago total payment volume in 2025; rising interest rates threaten this segment directly
- Structured credit SPEs used to securitize receivables have concentrated investor base: loss of one key investor could constrain funding capacity
Management Discussion & Analysis
- Revenue $28.9B, up 39.1% YoY (+$8.1B); Fintech +46.2% to $12.6B, Commerce +34.0% to $16.3B
- Gross margin 44.5% vs 46.1%; operating margin 11.1% vs 12.7%; provision for doubtful accounts rose to 10.7% of revenue vs 8.9%
- Best segment: Argentina direct contribution margin 41.6%, revenue +56.2% to $6.0B; worst: Brazil margin compressed to 13.7% vs 20.0%, direct contribution fell 9.2% to $2.1B
- Operating cash flow $12.1B (+53%); capex $1.3B vs $860M; no dividends or buybacks; net debt rose to $4.7B from $2.2B; issued $750M 4.90% Notes due 2033
- Key risks: credit portfolio expanding rapidly (originations +61%, NIMAL compressed to 22.4% vs 28.2%); FX headwinds across LatAm; Pillar Two tax rules taking effect 2026
Business Overview
- Integrated Latin American e-commerce + fintech ecosystem across 18 countries, monetizing via marketplace fees, logistics, advertising, lending, and payments
- Meli Dólar stablecoin formalized under Bermuda Class M Digital Asset Business license in Aug 2025; migration of stablecoin operations from Uruguay to Bermuda completed Sep 2025
- Meli+ loyalty program expanded to Argentina, Chile, Colombia in 2025; new "Meli+ Mega" tier in Brazil bundles Netflix, Disney+, HBO Max, Apple TV+ in single subscription
- IT/product development headcount grew 11% YoY to 20,347; total workforce surpassed 123,670, nearly quadrupling from 29,957 in four years
- ~95% employee GenAI adoption: 50%+ above industry benchmark; ~30% of production code AI-assisted; ~40% YoY increase in merged code contributions
AI summary of the MELI 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Fintech monthly active users 88M vs 68M YoY; total payment volume $100,952M vs $64,602M
- Brazil segment cost increase $1,306M quarterly, largest market impact
- NIMAL 20.7% vs 23.0% YoY; Adjusted EBITDA $975M vs $1,024M
- Cash and equivalents $5,271M; operating cash flow $5,737M vs $3,948M
- Capital expenditures $441M quarterly vs $287M; continued technology and logistics investment expected
Risk Factors
- No material risk-factor changes as of June 30, 2026 versus the 2025 10-K
- Carried-forward regulatory, legal, and compliance risks unchanged from the 2025 10-K
- Carried-forward operational and competitive risks unchanged from the 2025 10-K
- Carried-forward liquidity, debt, currency, and concentration risks unchanged from the 2025 10-K
AI summary of the MELI 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 8.01: Other Events
- $1.0B raised through 5.850% senior notes due 2036, increasing long-term debt obligations
- Annual interest expense of $58.5M before tax, based on the stated principal and coupon
Item 1.01: Entry into a Material Definitive Agreement
- $1,000 million senior notes issued at 5.850% interest, maturing 2036
- Proceeds provide long-term financing for MercadoLibre and listed subsidiaries
Item EX-99.1: Item EX-99.1
- $1,000 million issuance of 5.850% senior unsecured notes due 2036
- Proceeds designated for general corporate purposes, strengthening liquidity
Item 7.01: Regulation FD Disclosure
- $1.1 billion aggregate principal amount of 2031 Notes priced at 99.895% of par
- Notes carry a 2.950% annual interest rate and mature September 14, 2031
Item 2.02: Results of Operations and Financial Condition
- August 5, 2026 press release covers MercadoLibre’s fiscal-year 2026 results
- Detailed financial results and management commentary appear in Exhibit 99.1
Item EX-99.1: Item EX-99.1
- Q2’26 revenue $10.169B, up 50% YoY; exceptional growth supports continued market-share gains across Commerce and Fintech
- Operating income $683M, down 17% YoY; 6.7% margin reflects deliberate reinvestment in shipping, pricing, acquiring, and user growth
AI summaries of MELI 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for MELI
Don't miss the next MELI filing
- Alerts as it files. A push when MELI files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut MELI, by share count.
- Ask anything. An AI agent that reads every MELI filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Dubugras Henrique Vasoncelos | A | Jun 12, 2026 | 94 | - |
| Tolda Stelleo | A | Jun 12, 2026 | 94 | - |
| Calemzuk Emiliano | A | Jun 12, 2026 | 94 | - |
| Aguzin Alejandro Nicolas | A | Jun 12, 2026 | 94 | - |
| SEGAL SUSAN | A | Jun 12, 2026 | 94 | - |
| Sanders Richard A | A | Jun 12, 2026 | 94 | - |
| Lawson Martin R | A | Jun 12, 2026 | 94 | - |
| Melamud Marcelo | Buy | Jun 11, 2026 | 124.64 | $1604.62 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $15.1B | $20.3B |
| Gross Profit | - | $9.6B | $12.9B |
| Operating Income | $1.8B | $2.6B | $3.2B |
| Net Income | - | $1.9B | $2.0B |
| Gross Margin | - | 63.3% | 63.2% |
| Op. Margin | - | 17.4% | 15.7% |
| Net Margin | - | 12.6% | 9.8% |
| Balance Sheet | |||
| Total Assets | $17.6B | $25.2B | $42.7B |
| Equity | - | $4.4B | $6.7B |
| ROE | - | 43.9% | 29.6% |
| Per Share | |||
| EPS | - | $37.69 | $39.40 |
| Cash Flow | |||
| Operating CF | $5.1B | $7.9B | $12.1B |
| CapEx | $509.0M | - | - |
Source: XBRL data in Mercado Libre (MELI)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate MELI share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 43 | $14.80B |
| Q1 2026 | 43 | $16.16B |
| Q4 2025 | 42 | $22.94B |
| Q3 2025 | 42 | $33.01B |
| Q2 2025 | 43 | $31.50B |
| Q1 2025 | 40 | $17.33B |
| Q4 2024 | 33 | $6.98B |
| Q3 2024 | 32 | $6.30B |
- Two Sigma Investments+158.4K (+550%)
- AQR Capital Management+33.5K (+73%)
- State Street Corp+32.7K (+8%)
- Citigroup+31.8K (+46%)
- Millennium Management+21.5K (+138%)
- JPMorgan Chase & Co−328.7K (-39%)
- Franklin Resources−123.6K (-42%)
- Ameriprise Financial−105.6K (-42%)
- Goldman Sachs Group−104.2K (-23%)
- T. Rowe Price Group−91.0K (-7%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 318 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
MELI filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 14, 2026 | - | Analysis | - |
| 8-K | Sep 10, 2026 | - | Analysis | - |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 8-K | Jun 12, 2026 | - | Analysis | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | May 26, 2026 | - | - | |
| SC 13G | May 14, 2026 | - | - | |
| 10-Q | May 8, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 7, 2026 | - | Analysis | |
| 8-K | Apr 3, 2026 | - | Analysis | - |
| 10-K | Feb 25, 2026 | Dec 31, 2025 | Analysis | |
| 8-K | Feb 24, 2026 | - | Analysis | - |
| 4 | Dec 15, 2025 | - | - | |
| 4 | Dec 12, 2025 | - | - | |
| 4 | Dec 11, 2025 | - | - | |
| 8-K | Dec 9, 2025 | - | - | |
| 8-K | Dec 5, 2025 | - | - |
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MELI SEC filings: frequently asked questions
Which institutions hold MELI stock?
As of June 30, 2026, the largest Mercado Libre (MELI) holders among the 13F filers tracked by SignalX were Morgan Stanley ($2.5 billion), Invesco Ltd ($2.5 billion), BlackRock ($2.2 billion), T. Rowe Price Group ($1.9 billion), JPMorgan Chase & Co ($872.5 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was MELI's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Mercado Libre (MELI) reported revenue of $20.3 billion (up 34.3% from FY2024) and net income of $2.0 billion. Diluted EPS was $39.40. The figures come from the XBRL data in the 10-K.
What are the main risks in MELI's latest 10-K?
In the 10-K filed February 25, 2026, Mercado Libre (MELI) flagged: Mexican antitrust authority (CNAE) closed 2025 probe into Mercado Libre's Buy Box algorithms and logistics integration: no penalties imposed but future reviews signaled. Brazil, Argentina, Mexico = 95.6% of 2025 revenues; Argentine inflation 31.5% in 2025 (down from 117.8% in 2024), peso/dollar rate up 41%. (AI summary of the Risk Factors section.)
What did MELI report in its latest 8-K?
Mercado Libre (MELI) filed an 8-K on September 14, 2026 reporting Item 8.01 (Other Events). $1.0B raised through 5.850% senior notes due 2036, increasing long-term debt obligations.
What are the latest MELI SEC filings?
Mercado Libre (MELI) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 14, 2026 and a Form 4 insider filing on June 15, 2026.
What is MELI's SEC CIK number?
Mercado Libre (MELI)'s SEC Central Index Key (CIK) is 1099590. EDGAR lists every MELI filing under that number.
Ask anything about MELI
The research agent reads MELI's filings, financials, insider trades and 13F holders, then answers with sources.