MercadoLibre, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $2.00B | $1.91B | $987.0M | $482.0M | $83.0M | $-1.0M | $-172.0M | $-36.6M |
| Depreciation & Amortization | $818.0M | $617.0M | $524.0M | $403.0M | $204.0M | $105.0M | $73.3M | $45.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $9.0M | $5.0M | $6.0M | $9.0M | $6.0M | $5.0M | $3.9M | $6.1M |
| Stock-Based Compensation | — | — | — | — | — | — | — | $27.5M |
| Net Cash from Operating Activities | $12.12B | $7.92B | $5.14B | $2.94B | $965.0M | $1.18B | $451.1M | $230.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.34B | $860.0M | $509.0M | $454.0M | $573.0M | $247.0M | $136.8M | $93.1M |
| Business Acquisitions | $0 | $6.0M | $0 | $0 | $51.0M | $7.0M | — | $4.2M |
| Net Cash from Investing Activities | $-6.18B | $-8.29B | $-3.45B | $-3.87B | $-1.60B | $-252.0M | $-1.45B | $-672.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | $6.6M |
| Stock Repurchases | $1.0M | $1.0M | $356.0M | $148.0M | $486.0M | $54.0M | $720.0K | — |
| Net Cash from Financing Activities | $2.90B | $1.96B | $-267.0M | $916.0M | $1.93B | $242.0M | $2.02B | $608.9M |
| Net Change in Cash | $8.84B | $851.0M | $485.0M | $-285.0M | $1.14B | $1.06B | $986.7M | $76.4M |
| Free Cash Flow | $10.77B | $7.06B | $4.63B | $2.49B | $392.0M | $935.0M | $314.3M | $137.8M |