MercadoLibre (FRA:MLB1) Research & Development: €2,078 Mil (TTM As of Mar. 2026)


FRA:MLB1 MercadoLibre Inc FRA:MLB1
80 GF Score
Price €1,472.20
GF Value €3,208.66
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is MercadoLibre Research & Development?

MercadoLibre FRA:MLB1 +6.56% 80 Research & Development is €2,078 Mil as of Mar. 2026. GuruFocus rates FRA:MLB1 with a GF Score™ of 80/100 and a GF Value™ of €3,208.66 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. MercadoLibre's Research & Development for the three months ended in Mar. 2026 was €605 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €2,078 Mil.

MercadoLibre  (FRA:MLB1) 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

MercadoLibre Research & Development Historical Data

* Premium members only.

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.

MercadoLibre Research & Development Chart

MercadoLibre Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 522.15 1,037.46 1,679.03 1,846.97 1,937.73

MercadoLibre Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 509.68 491.59 483.08 498.74 604.64
FRA:MLB1
80GF Score
MercadoLibre Inc FRA:MLB1
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,078 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €2,078 Mil mean?
MercadoLibre (FRA:MLB1) has a Research & Development of €2,078 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on MercadoLibre and its competitors.
Is MercadoLibre's Research & Development too high?
MercadoLibre's current Research & Development is €2,078 Mil. Overall, MercadoLibre has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MercadoLibre's Research & Development compare to DASH and SE?
MercadoLibre's Research & Development of €2,078 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Retail - Cyclical company?
A good Research & Development depends on the Retail - Cyclical industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on MercadoLibre and its competitors. MercadoLibre's current Research & Development is €2,078 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MercadoLibre stock overvalued right now?
Based on GuruFocus' analysis, MercadoLibre (FRA:MLB1) is currently considered Significantly Undervalued. The stock's GF Value™ is €3,208.66, compared to a current price of €1,472.20 — trading 54.1% below its estimated fair value. The current Research & Development is €2,078 Mil. MercadoLibre's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For MercadoLibre (FRA:MLB1), the current Research & Development is €2,078 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MercadoLibre (FRA:MLB1) Overvalued in 2026?

Based on GuruFocus' analysis, MercadoLibre stock appears to be undervalued. The current stock price of €1,472.20 is trading 54.1% below its estimated GF Value™ of €3,208.66. GuruFocus considers MercadoLibre to be Significantly Undervalued.

Key valuation signals for FRA:MLB1:

  • Research & Development: €2,078 Mil
  • GF Value™: €3,208.66 vs. price of €1,472.20 (54.1% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the FRA:MLB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MercadoLibre Business Description

Address WTC Free Zone, Dr Luis Bonavita 1294, Of. 1733, Tower II, Montevideo, URY, 11300
MercadoLibre is the largest e-commerce marketplace in Latin America, with more than 120 million unique active buyers and 1 million active sellers at the end of 2025. The company is roughly split between its e-commerce business, which includes its fulfillment and advertising services, and its fintech segment, which comprises its rapidly expanding payment and digital wallet platform (Mercado Pago) and its lending business (Mercado Credito). While the company operates in 18 countries, its primary markets are Brazil, Argentina, and Mexico, which account for more than 95% of its revenue.
80GF Score

Get the complete analysis for FRA:MLB1

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1,472.20
Price
€3,208.66
GF Value