Filing Flows › MercadoLibre (MELI) › R&D spending
MercadoLibre (MELI) R&D spending by quarter
MercadoLibre's R&D spending was $745M in Q3 2026 (third quarter 2026), +2% from Q2 2026. Over the last 7 quarters it ranged from $551M (Q1 2025) to $745M (Q3 2026).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $745M | +2% | +31% |
| Q2 2026 | $729M | +4% | +29% |
| Q1 2026 | $699M | +20% | +27% |
| Q4 2025 | $584M | +3% | — |
| Q3 2025 | $567M | 0% | — |
| Q2 2025 | $567M | +3% | — |
| Q1 2025 | $551M | — | — |
Q3 2026 at a glance
MercadoLibre, Q3 2026: revenue $10.8B (+45% year over year), operating margin 6.3%, net earnings $448M, operating cash flow $3.0B. The chart follows the revenue to costs, profit and cash.
Questions
What is MercadoLibre's R&D spending?
MercadoLibre's R&D spending was $745M in Q3 2026 (third quarter 2026), +2% from Q2 2026.
How has MercadoLibre's R&D spending changed?
Over the last 7 quarters it ranged from $551M (Q1 2025) to $745M (Q3 2026).