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Side-by-side financial comparison of MERCADOLIBRE INC (MELI) and Molina Healthcare (MOH). Click either name above to swap in a different company.
Molina Healthcare is the larger business by last-quarter revenue ($10.8B vs $6.1B, roughly 1.8× MERCADOLIBRE INC). MERCADOLIBRE INC runs the higher net margin — 9.1% vs 0.1%, a 9.0% gap on every dollar of revenue. On growth, MERCADOLIBRE INC posted the faster year-over-year revenue change (40.2% vs -3.1%). Over the past eight quarters, MERCADOLIBRE INC's revenue compounded faster (40.7% CAGR vs 4.5%).
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.
Molina Healthcare, Inc. is a managed care company headquartered in Long Beach, California, United States. The company provides health insurance to individuals through government programs such as Medicaid and Medicare.
MELI vs MOH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.1B | $10.8B |
| Net Profit | $559.0M | $14.0M |
| Gross Margin | 61.7% | — |
| Operating Margin | 14.5% | 0.8% |
| Net Margin | 9.1% | 0.1% |
| Revenue YoY | 40.2% | -3.1% |
| Net Profit YoY | -12.5% | -64.0% |
| EPS (diluted) | $11.03 | $0.27 |
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.
| Q1 26 | — | $10.8B | ||
| Q4 25 | $6.1B | $11.4B | ||
| Q3 25 | $5.2B | $11.5B | ||
| Q2 25 | $4.8B | $11.4B | ||
| Q1 25 | $4.2B | $11.1B | ||
| Q4 24 | $4.4B | $10.5B | ||
| Q3 24 | $3.9B | $10.3B | ||
| Q2 24 | $3.8B | $9.9B |
| Q1 26 | — | $14.0M | ||
| Q4 25 | $559.0M | $-160.0M | ||
| Q3 25 | $421.0M | $79.0M | ||
| Q2 25 | $523.0M | $255.0M | ||
| Q1 25 | $494.0M | $298.0M | ||
| Q4 24 | $639.0M | $251.0M | ||
| Q3 24 | $397.0M | $326.0M | ||
| Q2 24 | $531.0M | $301.0M |
| Q1 26 | — | — | ||
| Q4 25 | 61.7% | 10.9% | ||
| Q3 25 | 61.7% | 12.5% | ||
| Q2 25 | 64.4% | 14.0% | ||
| Q1 25 | 66.1% | 15.0% | ||
| Q4 24 | 62.8% | 14.2% | ||
| Q3 24 | 62.6% | 16.4% | ||
| Q2 24 | 62.8% | 15.3% |
| Q1 26 | — | 0.8% | ||
| Q4 25 | 14.5% | -1.4% | ||
| Q3 25 | 13.9% | 1.2% | ||
| Q2 25 | 17.2% | 3.3% | ||
| Q1 25 | 18.2% | 3.9% | ||
| Q4 24 | 18.7% | 3.6% | ||
| Q3 24 | 14.3% | 4.5% | ||
| Q2 24 | 19.3% | 4.4% |
| Q1 26 | — | 0.1% | ||
| Q4 25 | 9.1% | -1.4% | ||
| Q3 25 | 8.1% | 0.7% | ||
| Q2 25 | 10.9% | 2.2% | ||
| Q1 25 | 11.8% | 2.7% | ||
| Q4 24 | 14.6% | 2.4% | ||
| Q3 24 | 10.2% | 3.2% | ||
| Q2 24 | 14.1% | 3.0% |
| Q1 26 | — | $0.27 | ||
| Q4 25 | $11.03 | $-2.79 | ||
| Q3 25 | $8.32 | $1.51 | ||
| Q2 25 | $10.31 | $4.75 | ||
| Q1 25 | $9.74 | $5.45 | ||
| Q4 24 | $12.60 | $4.43 | ||
| Q3 24 | $7.83 | $5.65 | ||
| Q2 24 | $10.48 | $5.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $6.3B | $5.3B |
| Total DebtLower is stronger | $4.6B | $3.8B |
| Stockholders' EquityBook value | $6.7B | $4.1B |
| Total Assets | $42.7B | $16.4B |
| Debt / EquityLower = less leverage | 0.68× | 0.92× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.3B | ||
| Q4 25 | $6.3B | $8.3B | ||
| Q3 25 | $6.3B | $8.4B | ||
| Q2 25 | $7.6B | $8.8B | ||
| Q1 25 | $8.1B | $9.3B | ||
| Q4 24 | $7.1B | $9.0B | ||
| Q3 24 | $6.7B | $9.2B | ||
| Q2 24 | $6.9B | $8.7B |
| Q1 26 | — | $3.8B | ||
| 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 26 | — | $4.1B | ||
| Q4 25 | $6.7B | $4.1B | ||
| Q3 25 | $6.2B | $4.2B | ||
| Q2 25 | $5.7B | $4.6B | ||
| Q1 25 | $5.0B | $4.3B | ||
| Q4 24 | $4.4B | $4.5B | ||
| Q3 24 | $4.0B | $4.8B | ||
| Q2 24 | $3.7B | $4.8B |
| Q1 26 | — | $16.4B | ||
| Q4 25 | $42.7B | $15.6B | ||
| Q3 25 | $36.7B | $15.7B | ||
| Q2 25 | $32.9B | $16.2B | ||
| Q1 25 | $27.7B | $16.4B | ||
| Q4 24 | $25.2B | $15.6B | ||
| Q3 24 | $22.6B | $15.8B | ||
| Q2 24 | $20.0B | $15.2B |
| Q1 26 | — | 0.92× | ||
| 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× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $5.2B | $1.1B |
| Free Cash FlowOCF − Capex | $4.8B | — |
| FCF MarginFCF / Revenue | 77.9% | — |
| Capex IntensityCapex / Revenue | 7.0% | — |
| Cash ConversionOCF / Net Profit | 9.32× | 77.29× |
| TTM Free Cash FlowTrailing 4 quarters | $10.8B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.1B | ||
| Q4 25 | $5.2B | $-298.0M | ||
| Q3 25 | $3.0B | $-125.0M | ||
| Q2 25 | $2.9B | $-302.0M | ||
| Q1 25 | $1.0B | $190.0M | ||
| Q4 24 | $2.9B | $-224.0M | ||
| Q3 24 | $1.6B | $873.0M | ||
| Q2 24 | $1.9B | $-219.0M |
| Q1 26 | — | — | ||
| Q4 25 | $4.8B | $-299.0M | ||
| Q3 25 | $2.6B | $-163.0M | ||
| Q2 25 | $2.6B | $-344.0M | ||
| Q1 25 | $759.0M | $168.0M | ||
| Q4 24 | $2.6B | $-235.0M | ||
| Q3 24 | $1.4B | $838.0M | ||
| Q2 24 | $1.7B | $-246.0M |
| Q1 26 | — | — | ||
| Q4 25 | 77.9% | -2.6% | ||
| Q3 25 | 50.0% | -1.4% | ||
| Q2 25 | 54.8% | -3.0% | ||
| Q1 25 | 18.1% | 1.5% | ||
| Q4 24 | 59.8% | -2.2% | ||
| Q3 24 | 35.4% | 8.1% | ||
| Q2 24 | 45.1% | -2.5% |
| Q1 26 | — | — | ||
| Q4 25 | 7.0% | 0.0% | ||
| Q3 25 | 6.9% | 0.3% | ||
| Q2 25 | 6.0% | 0.4% | ||
| Q1 25 | 6.5% | 0.2% | ||
| Q4 24 | 7.0% | 0.1% | ||
| Q3 24 | 5.7% | 0.3% | ||
| Q2 24 | 4.9% | 0.3% |
| Q1 26 | — | 77.29× | ||
| Q4 25 | 9.32× | — | ||
| Q3 25 | 7.03× | -1.58× | ||
| Q2 25 | 5.58× | -1.18× | ||
| Q1 25 | 2.09× | 0.64× | ||
| Q4 24 | 4.58× | -0.89× | ||
| Q3 24 | 4.03× | 2.68× | ||
| Q2 24 | 3.54× | -0.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MELI
| Commerce | $2.8B | 45% |
| Argentina Segment | $1.6B | 26% |
| Products | $1.2B | 20% |
| Other Countries Segment | $414.0M | 7% |
MOH
| Premium revenue | $10.2B | 94% |
| Premium tax revenue | $504.0M | 5% |
| Investment income | $98.0M | 1% |
| Other revenue | $22.0M | 0% |
