Filing Flows › Comparisons › MELI vs MA
MercadoLibre vs Mastercard: MELI and MA compared
MercadoLibre is the larger company: $10.8B of revenue in its latest quarter (Q3 2026) against $9.8B for Mastercard (Q3 2026). MercadoLibre is growing faster (+45% against +14% a year earlier). Mastercard is more profitable, with an operating margin of 59.8% against 6.3%.
Where the money goes: MELI and MA
MercadoLibre (MELI) · Q3 2026
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.
Mastercard (MA) · Q3 2026
Mastercard, Q3 2026: revenue $9.8B (+14% year over year), operating margin 59.8%, net earnings $4.6B, operating cash flow $5.1B. The chart follows the revenue to costs, profit and cash.
| MercadoLibre (MELI) | Mastercard (MA) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $10.8B | $9.8B |
| Revenue growth, Y/Y | +45% | +14% |
| Gross margin | 40.8% | — |
| Operating margin | 6.3% | 59.8% |
| Net earnings | $448M | $4.6B |
| Net margin | 4.2% | 47.2% |
| Operating cash flow | $3.0B | $5.1B |
| Free cash flow | $2.4B | $4.9B |
| Market value | $77.6B | $571.8B |
| P/E | 41.0× | 34.1× |
| Analysts’ mean target | $2263.39 | $716.39 |
Where the revenue comes from
MercadoLibre
- Net service revenues and financial income: $9.2B (86%)
- Net product revenues: $1.5B (14%)
Mastercard
- Payment network: $5.7B (59%)
- Value-added services and solutions: $4.1B (41%)
Questions
Which is bigger, MercadoLibre or Mastercard?
MercadoLibre is the larger company: $10.8B of revenue in its latest quarter (Q3 2026) against $9.8B for Mastercard (Q3 2026).
Is MercadoLibre or Mastercard growing faster?
MercadoLibre is growing faster (+45% against +14% a year earlier).
Which is more profitable, MercadoLibre or Mastercard?
Mastercard is more profitable, with an operating margin of 59.8% against 6.3%.
More: MercadoLibre earnings · how MercadoLibre makes money · Mastercard earnings · how Mastercard makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Oct 29, 2026). Fiscal quarters can end on different dates. Not investment advice.