Mercadolibre SEC Filings

MercadoLibre (MELI) reported strong Q3 2025 results, with net revenues and financial income of $7,409 million for the quarter and $20,134 million for the nine months, reflecting broad growth across commerce and fintech. Q3 gross profit reached $3,209 million, while income from operations was $724 million.

Profitability remained solid: Q3 net income was $421 million and nine‑month net income was $1,438 million. Diluted EPS was $8.32 in Q3 and $28.37 year‑to‑date. Operating expenses rose with scale—sales and marketing were $833 million in Q3 and provision for doubtful accounts was $815 million—while foreign currency losses were $102 million in Q3.

Balance sheet and cash flows expanded: Total assets were $36,691 million, up from $25,196 million at year‑end, driven by credit card and other receivables ($6,648 million) and loans receivable, current ($7,810 million). Funds payable to customers rose to $10,567 million. Operating cash flow for the nine months was $6,907 million, supporting investments in logistics and technology. Cash, cash equivalents and restricted cash ended at $9,199 million. Shares outstanding were 50,697,182 as of October 29, 2025.

MercadoLibre, Inc. filed a Form 8-K to report results of operations and financial condition. The company stated that on October 29, 2025, it issued a press release, which is furnished as Exhibit 99.1 and incorporated by reference.

The filing lists the company’s registered securities on Nasdaq, including common stock (MELI), 2.375% Sustainability Notes due 2026 (MELI26), and 3.125% Notes due 2031 (MELI31). The exhibit index includes Exhibit 99.1 (press release dated October 29, 2025) and Exhibit 104 (the cover page formatted in Inline XBRL).

Director Tolda Stelleo reported changes in beneficial ownership of MercadoLibre, Inc. (MELI). The filing shows a disposition of 2,029 common shares (composed of 8 vested shares and 2,021 restricted shares subject to forfeiture) and continued indirect beneficial ownership of 75,840 shares through Tool, Ltd. and 246 shares through Didomi Fund. The reporting person amended a prepaid variable forward sale contract covering up to 20,000 shares, extending its maturity from May 20, 2026 to August 20, 2027 and raising the forward floor and cap prices to $2,322.3910 and $2,693.9736, respectively. The amendment included a payment of $879,826.30 to the counterparty; the original contract had generated $33,479,211.08 in proceeds. The reporting person pledged 20,000 shares as security but retained dividend and voting rights.

MercadoLibre director Henrique Dubugras reported changes in his beneficial ownership of MELI stock. The filing discloses an indirect holding of 845 common shares held through TDB Capital LLC, a direct disposition of 376 common shares, and the grant/acquisition of 64 restricted stock units (RSUs) that convert into 64 shares at a $0 conversion price. The RSUs are held directly and are reported as acquired on 08/07/2025.

The form states the RSUs vest 100% at the company’s 2026 annual shareholders’ meeting (date not yet determined). The filing does not disclose transaction prices for the common stock disposition or additional contextual details about prior holdings beyond the amounts reported here.

Susan Segal, a director of Mercado Libre, reported a sale of 725 common shares and the acquisition of 64 restricted stock units (RSUs) tied to the company’s common stock. Both transactions are reported as occurring on 08/07/2025.

The RSUs convert into 64 common shares and are disclosed to vest 100% at the company’s 2026 annual shareholders' meeting, meaning the reported award will become share ownership at that time. The Form 4 was submitted as an individual filing and includes an attorney-in-fact signature on behalf of the reporting person.

Tolda Stelleo, a director of MercadoLibre, filed a Form 4 reporting director compensation, restricted stock, restricted stock units and an existing prepaid variable forward contract. The filing shows an 8-share grant awarded for board service and 2,021 additional shares of restricted stock (total 2,029 shares) that are subject to forfeiture and transfer restrictions and vest in two substantially equal installments on each of the next two anniversaries of the April 8, 2022 grant date.

The filing also reports 64 restricted stock units granted 08/07/2025 that vest 100% at the 2026 annual shareholders' meeting. It discloses an existing prepaid variable forward sale contract entered June 5, 2023 obligating delivery of up to 20,000 shares (pledged) with a forward floor of $955.7895 and cap of $1,656.7018; the Reporting Person received $17,357,138 at contract entry. Indirect holdings include 75,840 shares via Tool, Ltd. and 246 shares via Didomi Fund.

Richard A. Sanders, a director of MercadoLibre, Inc. (MELI), was reported to have acquired restricted common stock on 08/07/2025. The Form 4 shows the acquisition of 64 shares of restricted common stock granted at no cash price, which are subject to forfeiture and transfer restrictions until the company’s next annual shareholder meeting. After the transaction, Mr. Sanders beneficially owned 414 shares in total, comprised of the 64 restricted shares plus 350 shares of common stock. The filing was signed by an attorney-in-fact on 08/08/2025 and incorporates a previously filed power of attorney from Mr. Sanders.

Alejandro Nicolas Aguzin, a director of MercadoLibre, Inc. (MELI), acquired 64 shares of restricted common stock on 08/07/2025. The filing shows the shares were granted at $0 and are subject to forfeiture and transfer restrictions until the next annual shareholders meeting.

Following the transaction, Mr. Aguzin beneficially owns 4,755 shares (comprised of 64 restricted shares and 4,691 common shares). The Form 4 was signed by attorney-in-fact Jacobo Cohen Imach on 08/08/2025, and the Power of Attorney referenced is on file as an exhibit to Mr. Aguzin's Form 3 dated April 17, 2017.