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Side-by-side financial comparison of American Well Corp (AMWL) and MERCADOLIBRE INC (MELI). Click either name above to swap in a different company.

MERCADOLIBRE INC is the larger business by last-quarter revenue ($6.1B vs $55.3M, roughly 110.9× American Well Corp). MERCADOLIBRE INC runs the higher net margin — 9.1% vs -45.1%, a 54.2% gap on every dollar of revenue. On growth, MERCADOLIBRE INC posted the faster year-over-year revenue change (40.2% vs -22.1%). MERCADOLIBRE INC produced more free cash flow last quarter ($4.8B vs $-17.4M). Over the past eight quarters, MERCADOLIBRE INC's revenue compounded faster (40.7% CAGR vs -3.6%).

The American Tobacco Company was a tobacco company founded in 1890 by J. B. Duke through a merger between a number of U.S. tobacco manufacturers including Allen and Ginter, Goodwin & Company, and Kinney Brothers. The company was one of the original 12 members of the Dow Jones Industrial Average in 1896. The American Tobacco Company dominated the industry by acquiring the Lucky Strike Company and over 200 other rival firms. Federal Antitrust action begun in 1907 broke the company into several ...

MercadoLibre, Inc., known as Mercado Livre in Brazil, literally meaning "free market" in both languages, is a company of Argentine origin and incorporated in Delaware in the United States that operates online marketplaces dedicated to e-commerce and online auctions. As of 2016, Mercado Libre had 174.2 million users in Latin America, making it the region's most popular e-commerce site by number of visitors.

AMWL vs MELI — Head-to-Head

Bigger by revenue
MELI
MELI
110.9× larger
MELI
$6.1B
$55.3M
AMWL
Growing faster (revenue YoY)
MELI
MELI
+62.3% gap
MELI
40.2%
-22.1%
AMWL
Higher net margin
MELI
MELI
54.2% more per $
MELI
9.1%
-45.1%
AMWL
More free cash flow
MELI
MELI
$4.8B more FCF
MELI
$4.8B
$-17.4M
AMWL
Faster 2-yr revenue CAGR
MELI
MELI
Annualised
MELI
40.7%
-3.6%
AMWL

Income Statement — Q4 2025 vs Q4 2025

Metric
AMWL
AMWL
MELI
MELI
Revenue
$55.3M
$6.1B
Net Profit
$-24.9M
$559.0M
Gross Margin
61.7%
Operating Margin
-45.5%
14.5%
Net Margin
-45.1%
9.1%
Revenue YoY
-22.1%
40.2%
Net Profit YoY
41.6%
-12.5%
EPS (diluted)
$-1.53
$11.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMWL
AMWL
MELI
MELI
Q4 25
$55.3M
$6.1B
Q3 25
$56.3M
$5.2B
Q2 25
$70.9M
$4.8B
Q1 25
$66.8M
$4.2B
Q4 24
$71.0M
$4.4B
Q3 24
$61.0M
$3.9B
Q2 24
$62.8M
$3.8B
Q1 24
$59.5M
$3.1B
Net Profit
AMWL
AMWL
MELI
MELI
Q4 25
$-24.9M
$559.0M
Q3 25
$-32.4M
$421.0M
Q2 25
$-19.7M
$523.0M
Q1 25
$-18.7M
$494.0M
Q4 24
$-42.7M
$639.0M
Q3 24
$-43.5M
$397.0M
Q2 24
$-49.9M
$531.0M
Q1 24
$-72.1M
$344.0M
Gross Margin
AMWL
AMWL
MELI
MELI
Q4 25
61.7%
Q3 25
61.7%
Q2 25
64.4%
Q1 25
66.1%
Q4 24
62.8%
Q3 24
62.6%
Q2 24
62.8%
Q1 24
65.3%
Operating Margin
AMWL
AMWL
MELI
MELI
Q4 25
-45.5%
14.5%
Q3 25
-52.1%
13.9%
Q2 25
-28.7%
17.2%
Q1 25
-45.5%
18.2%
Q4 24
-60.2%
18.7%
Q3 24
-77.6%
14.3%
Q2 24
-83.4%
19.3%
Q1 24
-126.1%
17.0%
Net Margin
AMWL
AMWL
MELI
MELI
Q4 25
-45.1%
9.1%
Q3 25
-57.5%
8.1%
Q2 25
-27.8%
10.9%
Q1 25
-28.0%
11.8%
Q4 24
-60.1%
14.6%
Q3 24
-71.2%
10.2%
Q2 24
-79.5%
14.1%
Q1 24
-121.1%
11.1%
EPS (diluted)
AMWL
AMWL
MELI
MELI
Q4 25
$-1.53
$11.03
Q3 25
$-2.00
$8.32
Q2 25
$-1.24
$10.31
Q1 25
$-1.19
$9.74
Q4 24
$-2.71
$12.60
Q3 24
$-2.87
$7.83
Q2 24
$-3.36
$10.48
Q1 24
$-4.94
$6.78

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMWL
AMWL
MELI
MELI
Cash + ST InvestmentsLiquidity on hand
$182.3M
$6.3B
Total DebtLower is stronger
$4.6B
Stockholders' EquityBook value
$235.6M
$6.7B
Total Assets
$323.8M
$42.7B
Debt / EquityLower = less leverage
0.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMWL
AMWL
MELI
MELI
Q4 25
$182.3M
$6.3B
Q3 25
$200.9M
$6.3B
Q2 25
$219.1M
$7.6B
Q1 25
$222.4M
$8.1B
Q4 24
$228.3M
$7.1B
Q3 24
$244.6M
$6.7B
Q2 24
$276.9M
$6.9B
Q1 24
$308.6M
$6.3B
Total Debt
AMWL
AMWL
MELI
MELI
Q4 25
$4.6B
Q3 25
$3.4B
Q2 25
$3.5B
Q1 25
$2.9B
Q4 24
$2.9B
Q3 24
$3.1B
Q2 24
$2.4B
Q1 24
$2.2B
Stockholders' Equity
AMWL
AMWL
MELI
MELI
Q4 25
$235.6M
$6.7B
Q3 25
$254.9M
$6.2B
Q2 25
$282.6M
$5.7B
Q1 25
$294.0M
$5.0B
Q4 24
$304.8M
$4.4B
Q3 24
$336.7M
$4.0B
Q2 24
$363.9M
$3.7B
Q1 24
$408.7M
$3.4B
Total Assets
AMWL
AMWL
MELI
MELI
Q4 25
$323.8M
$42.7B
Q3 25
$359.4M
$36.7B
Q2 25
$388.7M
$32.9B
Q1 25
$419.5M
$27.7B
Q4 24
$436.0M
$25.2B
Q3 24
$483.0M
$22.6B
Q2 24
$507.8M
$20.0B
Q1 24
$548.4M
$19.1B
Debt / Equity
AMWL
AMWL
MELI
MELI
Q4 25
0.68×
Q3 25
0.55×
Q2 25
0.61×
Q1 25
0.57×
Q4 24
0.66×
Q3 24
0.78×
Q2 24
0.67×
Q1 24
0.66×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMWL
AMWL
MELI
MELI
Operating Cash FlowLast quarter
$-17.4M
$5.2B
Free Cash FlowOCF − Capex
$-17.4M
$4.8B
FCF MarginFCF / Revenue
-31.4%
77.9%
Capex IntensityCapex / Revenue
0.0%
7.0%
Cash ConversionOCF / Net Profit
9.32×
TTM Free Cash FlowTrailing 4 quarters
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMWL
AMWL
MELI
MELI
Q4 25
$-17.4M
$5.2B
Q3 25
$-18.8M
$3.0B
Q2 25
$-4.7M
$2.9B
Q1 25
$-25.1M
$1.0B
Q4 24
$-13.4M
$2.9B
Q3 24
$-32.4M
$1.6B
Q2 24
$-21.8M
$1.9B
Q1 24
$-59.8M
$1.5B
Free Cash Flow
AMWL
AMWL
MELI
MELI
Q4 25
$-17.4M
$4.8B
Q3 25
$2.6B
Q2 25
$2.6B
Q1 25
$-25.1M
$759.0M
Q4 24
$-13.4M
$2.6B
Q3 24
$-32.4M
$1.4B
Q2 24
$-21.8M
$1.7B
Q1 24
$-59.8M
$1.4B
FCF Margin
AMWL
AMWL
MELI
MELI
Q4 25
-31.4%
77.9%
Q3 25
50.0%
Q2 25
54.8%
Q1 25
-37.6%
18.1%
Q4 24
-18.9%
59.8%
Q3 24
-53.0%
35.4%
Q2 24
-34.7%
45.1%
Q1 24
-100.5%
44.1%
Capex Intensity
AMWL
AMWL
MELI
MELI
Q4 25
0.0%
7.0%
Q3 25
0.0%
6.9%
Q2 25
0.0%
6.0%
Q1 25
0.0%
6.5%
Q4 24
0.0%
7.0%
Q3 24
0.0%
5.7%
Q2 24
0.0%
4.9%
Q1 24
0.1%
4.7%
Cash Conversion
AMWL
AMWL
MELI
MELI
Q4 25
9.32×
Q3 25
7.03×
Q2 25
5.58×
Q1 25
2.09×
Q4 24
4.58×
Q3 24
4.03×
Q2 24
3.54×
Q1 24
4.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMWL
AMWL

Platform Subscription$28.8M52%
Visits$23.7M43%
Others$2.8M5%

MELI
MELI

Commerce$2.8B45%
Argentina Segment$1.6B26%
Products$1.2B20%
Other Countries Segment$414.0M7%

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