MercadoLibre (LTS:0K0E) Research & Development

: $1,831 Mil (TTM As of Dec. 2023)

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Research & Development is the aggregate amount of research and development expenses during the year. MercadoLibre's Research & Development for the three months ended in Dec. 2023 was $686 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $1,831 Mil.

MercadoLibre Research & Development Historical Data

The historical data trend for MercadoLibre's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MercadoLibre Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

223.81

353.00

590.00

1,099.00

1,831.00

MercadoLibre Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development																325.00	381.00	368.00	396.00	686.00

MercadoLibre Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,831 Mil.

MercadoLibre (LTS:0K0E) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

MercadoLibre Research & Development Related Terms

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MercadoLibre (LTS:0K0E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MercadoLibre Inc (LTS:0K0E) » Definitions » Research & Development

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Traded in Other Exchanges

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Address

WTC Free Zone, Dr. Luis Bonavita 1294, Of. 1733, Tower II, Montevideo, URY, 11300

Website

https://www.mercadolibre.com

MercadoLibre runs the largest e-commerce marketplace in Latin America, connecting a network of more than 148 million active users and 1 million active sellers as of the end of 2022 across an 18-country footprint. The company also operates a host of complementary businesses, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.

MercadoLibre (LTS:0K0E) Headlines

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