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Side-by-side financial comparison of CELESTICA INC (CLS) 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 $4.0B, roughly 1.5× CELESTICA INC). MERCADOLIBRE INC runs the higher net margin — 9.1% vs 5.2%, a 3.9% gap on every dollar of revenue. On growth, CELESTICA INC posted the faster year-over-year revenue change (52.8% vs 40.2%). MERCADOLIBRE INC produced more free cash flow last quarter ($4.8B vs $137.9M). Over the past eight quarters, MERCADOLIBRE INC's revenue compounded faster (40.7% CAGR vs 35.4%).

Celestica Inc. is a Canadian multinational design, manufacturing, hardware platform, and supply chain electronics manufacturing services (EMS) company, which is headquartered in Toronto, Ontario. The company operates in 50 sites across 15 countries.

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.

CLS vs MELI — Head-to-Head

Bigger by revenue
MELI
MELI
1.5× larger
MELI
$6.1B
$4.0B
CLS
Growing faster (revenue YoY)
CLS
CLS
+12.6% gap
CLS
52.8%
40.2%
MELI
Higher net margin
MELI
MELI
3.9% more per $
MELI
9.1%
5.2%
CLS
More free cash flow
MELI
MELI
$4.6B more FCF
MELI
$4.8B
$137.9M
CLS
Faster 2-yr revenue CAGR
MELI
MELI
Annualised
MELI
40.7%
35.4%
CLS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLS
CLS
MELI
MELI
Revenue
$4.0B
$6.1B
Net Profit
$212.3M
$559.0M
Gross Margin
10.8%
61.7%
Operating Margin
6723.5%
14.5%
Net Margin
5.2%
9.1%
Revenue YoY
52.8%
40.2%
Net Profit YoY
146.3%
-12.5%
EPS (diluted)
$1.83
$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
CLS
CLS
MELI
MELI
Q1 26
$4.0B
Q4 25
$3.7B
$6.1B
Q3 25
$3.2B
$5.2B
Q2 25
$2.9B
$4.8B
Q1 25
$2.6B
$4.2B
Q4 24
$4.4B
Q3 24
$2.5B
$3.9B
Q2 24
$2.4B
$3.8B
Net Profit
CLS
CLS
MELI
MELI
Q1 26
$212.3M
Q4 25
$267.5M
$559.0M
Q3 25
$267.8M
$421.0M
Q2 25
$211.0M
$523.0M
Q1 25
$86.2M
$494.0M
Q4 24
$639.0M
Q3 24
$89.5M
$397.0M
Q2 24
$95.0M
$531.0M
Gross Margin
CLS
CLS
MELI
MELI
Q1 26
10.8%
Q4 25
11.8%
61.7%
Q3 25
13.0%
61.7%
Q2 25
12.8%
64.4%
Q1 25
10.3%
66.1%
Q4 24
62.8%
Q3 24
10.4%
62.6%
Q2 24
10.6%
62.8%
Operating Margin
CLS
CLS
MELI
MELI
Q1 26
6723.5%
Q4 25
8.6%
14.5%
Q3 25
10.2%
13.9%
Q2 25
9.4%
17.2%
Q1 25
4.9%
18.2%
Q4 24
18.7%
Q3 24
5.5%
14.3%
Q2 24
5.6%
19.3%
Net Margin
CLS
CLS
MELI
MELI
Q1 26
5.2%
Q4 25
7.3%
9.1%
Q3 25
8.4%
8.1%
Q2 25
7.3%
10.9%
Q1 25
3.3%
11.8%
Q4 24
14.6%
Q3 24
3.6%
10.2%
Q2 24
4.0%
14.1%
EPS (diluted)
CLS
CLS
MELI
MELI
Q1 26
$1.83
Q4 25
$2.29
$11.03
Q3 25
$2.31
$8.32
Q2 25
$1.82
$10.31
Q1 25
$0.74
$9.74
Q4 24
$12.60
Q3 24
$0.75
$7.83
Q2 24
$0.80
$10.48

Balance Sheet & Financial Strength

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

Metric
CLS
CLS
MELI
MELI
Cash + ST InvestmentsLiquidity on hand
$378.0M
$6.3B
Total DebtLower is stronger
$4.6B
Stockholders' EquityBook value
$2.1B
$6.7B
Total Assets
$8260.0B
$42.7B
Debt / EquityLower = less leverage
0.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLS
CLS
MELI
MELI
Q1 26
$378.0M
Q4 25
$595.6M
$6.3B
Q3 25
$305.9M
$6.3B
Q2 25
$313.8M
$7.6B
Q1 25
$303.0M
$8.1B
Q4 24
$7.1B
Q3 24
$6.7B
Q2 24
$6.9B
Total Debt
CLS
CLS
MELI
MELI
Q1 26
Q4 25
$750.5M
$4.6B
Q3 25
$756.7M
$3.4B
Q2 25
$848.6M
$3.5B
Q1 25
$915.0M
$2.9B
Q4 24
$2.9B
Q3 24
$3.1B
Q2 24
$2.4B
Stockholders' Equity
CLS
CLS
MELI
MELI
Q1 26
$2.1B
Q4 25
$2.2B
$6.7B
Q3 25
$2.0B
$6.2B
Q2 25
$1.8B
$5.7B
Q1 25
$1.6B
$5.0B
Q4 24
$4.4B
Q3 24
$1.8B
$4.0B
Q2 24
$1.8B
$3.7B
Total Assets
CLS
CLS
MELI
MELI
Q1 26
$8260.0B
Q4 25
$7.2B
$42.7B
Q3 25
$6.6B
$36.7B
Q2 25
$6.2B
$32.9B
Q1 25
$5.8B
$27.7B
Q4 24
$25.2B
Q3 24
$22.6B
Q2 24
$20.0B
Debt / Equity
CLS
CLS
MELI
MELI
Q1 26
Q4 25
0.34×
0.68×
Q3 25
0.37×
0.55×
Q2 25
0.48×
0.61×
Q1 25
0.59×
0.57×
Q4 24
0.66×
Q3 24
0.78×
Q2 24
0.67×

Cash Flow & Capital Efficiency

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

Metric
CLS
CLS
MELI
MELI
Operating Cash FlowLast quarter
$356.3M
$5.2B
Free Cash FlowOCF − Capex
$137.9M
$4.8B
FCF MarginFCF / Revenue
3.4%
77.9%
Capex IntensityCapex / Revenue
7.0%
Cash ConversionOCF / Net Profit
1.68×
9.32×
TTM Free Cash FlowTrailing 4 quarters
$502.6M
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLS
CLS
MELI
MELI
Q1 26
$356.3M
Q4 25
$250.6M
$5.2B
Q3 25
$126.2M
$3.0B
Q2 25
$152.4M
$2.9B
Q1 25
$130.3M
$1.0B
Q4 24
$2.9B
Q3 24
$122.8M
$1.6B
Q2 24
$99.6M
$1.9B
Free Cash Flow
CLS
CLS
MELI
MELI
Q1 26
$137.9M
Q4 25
$155.9M
$4.8B
Q3 25
$88.9M
$2.6B
Q2 25
$119.9M
$2.6B
Q1 25
$93.6M
$759.0M
Q4 24
$2.6B
Q3 24
$76.8M
$1.4B
Q2 24
$62.7M
$1.7B
FCF Margin
CLS
CLS
MELI
MELI
Q1 26
3.4%
Q4 25
4.3%
77.9%
Q3 25
2.8%
50.0%
Q2 25
4.1%
54.8%
Q1 25
3.5%
18.1%
Q4 24
59.8%
Q3 24
3.1%
35.4%
Q2 24
2.6%
45.1%
Capex Intensity
CLS
CLS
MELI
MELI
Q1 26
Q4 25
2.6%
7.0%
Q3 25
1.2%
6.9%
Q2 25
1.1%
6.0%
Q1 25
1.4%
6.5%
Q4 24
7.0%
Q3 24
1.8%
5.7%
Q2 24
1.5%
4.9%
Cash Conversion
CLS
CLS
MELI
MELI
Q1 26
1.68×
Q4 25
0.94×
9.32×
Q3 25
0.47×
7.03×
Q2 25
0.72×
5.58×
Q1 25
1.51×
2.09×
Q4 24
4.58×
Q3 24
1.37×
4.03×
Q2 24
1.05×
3.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLS
CLS

Segment breakdown not available.

MELI
MELI

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

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