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Side-by-side financial comparison of MERCADOLIBRE INC (MELI) and PG&E Corporation (PCG). Click either name above to swap in a different company.
PG&E Corporation is the larger business by last-quarter revenue ($6.9B vs $6.1B, roughly 1.1× MERCADOLIBRE INC). PG&E Corporation runs the higher net margin — 12.9% vs 9.1%, a 3.8% gap on every dollar of revenue. On growth, MERCADOLIBRE INC posted the faster year-over-year revenue change (40.2% vs 15.0%). Over the past eight quarters, MERCADOLIBRE INC's revenue compounded faster (40.7% CAGR vs 7.2%).
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.
Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered at Kaiser Center, in Oakland, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.
MELI vs PCG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.1B | $6.9B |
| Net Profit | $559.0M | $885.0M |
| Gross Margin | 61.7% | — |
| Operating Margin | 14.5% | 21.4% |
| Net Margin | 9.1% | 12.9% |
| Revenue YoY | 40.2% | 15.0% |
| Net Profit YoY | -12.5% | 39.6% |
| EPS (diluted) | $11.03 | $0.39 |
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 | — | $6.9B | ||
| Q4 25 | $6.1B | $6.8B | ||
| Q3 25 | $5.2B | $6.3B | ||
| Q2 25 | $4.8B | $5.9B | ||
| Q1 25 | $4.2B | $6.0B | ||
| Q4 24 | $4.4B | $6.6B | ||
| Q3 24 | $3.9B | $5.9B | ||
| Q2 24 | $3.8B | $6.0B |
| Q1 26 | — | $885.0M | ||
| Q4 25 | $559.0M | $670.0M | ||
| Q3 25 | $421.0M | $850.0M | ||
| Q2 25 | $523.0M | $549.0M | ||
| Q1 25 | $494.0M | $634.0M | ||
| Q4 24 | $639.0M | $674.0M | ||
| Q3 24 | $397.0M | $579.0M | ||
| Q2 24 | $531.0M | $524.0M |
| Q1 26 | — | — | ||
| 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 26 | — | 21.4% | ||
| Q4 25 | 14.5% | 18.0% | ||
| Q3 25 | 13.9% | 19.3% | ||
| Q2 25 | 17.2% | 18.6% | ||
| Q1 25 | 18.2% | 20.4% | ||
| Q4 24 | 18.7% | 15.4% | ||
| Q3 24 | 14.3% | 17.3% | ||
| Q2 24 | 19.3% | 18.9% |
| Q1 26 | — | 12.9% | ||
| Q4 25 | 9.1% | 9.8% | ||
| Q3 25 | 8.1% | 13.6% | ||
| Q2 25 | 10.9% | 9.3% | ||
| Q1 25 | 11.8% | 10.6% | ||
| Q4 24 | 14.6% | 10.2% | ||
| Q3 24 | 10.2% | 9.7% | ||
| Q2 24 | 14.1% | 8.8% |
| Q1 26 | — | $0.39 | ||
| Q4 25 | $11.03 | $0.29 | ||
| Q3 25 | $8.32 | $0.37 | ||
| Q2 25 | $10.31 | $0.24 | ||
| Q1 25 | $9.74 | $0.28 | ||
| Q4 24 | $12.60 | $0.30 | ||
| Q3 24 | $7.83 | $0.27 | ||
| Q2 24 | $10.48 | $0.24 |
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 | — |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $6.7B | — |
| Total Assets | $42.7B | — |
| Debt / EquityLower = less leverage | 0.68× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $6.3B | $713.0M | ||
| Q3 25 | $6.3B | $404.0M | ||
| Q2 25 | $7.6B | $494.0M | ||
| Q1 25 | $8.1B | $2.0B | ||
| Q4 24 | $7.1B | $940.0M | ||
| Q3 24 | $6.7B | $895.0M | ||
| Q2 24 | $6.9B | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | $4.6B | $57.4B | ||
| Q3 25 | $3.4B | — | ||
| Q2 25 | $3.5B | — | ||
| Q1 25 | $2.9B | — | ||
| Q4 24 | $2.9B | $53.6B | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $2.4B | — |
| Q1 26 | — | — | ||
| Q4 25 | $6.7B | $32.5B | ||
| Q3 25 | $6.2B | $32.0B | ||
| Q2 25 | $5.7B | $31.2B | ||
| Q1 25 | $5.0B | $30.7B | ||
| Q4 24 | $4.4B | $30.1B | ||
| Q3 24 | $4.0B | $26.8B | ||
| Q2 24 | $3.7B | $26.3B |
| Q1 26 | — | — | ||
| Q4 25 | $42.7B | $141.6B | ||
| Q3 25 | $36.7B | $138.2B | ||
| Q2 25 | $32.9B | $136.4B | ||
| Q1 25 | $27.7B | $135.4B | ||
| Q4 24 | $25.2B | $133.7B | ||
| Q3 24 | $22.6B | $132.3B | ||
| Q2 24 | $20.0B | $130.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | 1.76× | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 0.57× | — | ||
| Q4 24 | 0.66× | 1.78× | ||
| 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 | — |
| Free Cash FlowOCF − Capex | $4.8B | — |
| FCF MarginFCF / Revenue | 77.9% | — |
| Capex IntensityCapex / Revenue | 7.0% | — |
| Cash ConversionOCF / Net Profit | 9.32× | — |
| TTM Free Cash FlowTrailing 4 quarters | $10.8B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | $2.0B | ||
| Q3 25 | $3.0B | $2.9B | ||
| Q2 25 | $2.9B | $1.1B | ||
| Q1 25 | $1.0B | $2.8B | ||
| Q4 24 | $2.9B | $1.9B | ||
| Q3 24 | $1.6B | $3.1B | ||
| Q2 24 | $1.9B | $711.0M |
| Q1 26 | — | — | ||
| Q4 25 | $4.8B | $-1.2B | ||
| Q3 25 | $2.6B | $-80.0M | ||
| Q2 25 | $2.6B | $-2.0B | ||
| Q1 25 | $759.0M | $213.0M | ||
| Q4 24 | $2.6B | $-896.0M | ||
| Q3 24 | $1.4B | $526.0M | ||
| Q2 24 | $1.7B | $-1.6B |
| Q1 26 | — | — | ||
| Q4 25 | 77.9% | -17.6% | ||
| Q3 25 | 50.0% | -1.3% | ||
| Q2 25 | 54.8% | -34.0% | ||
| Q1 25 | 18.1% | 3.6% | ||
| Q4 24 | 59.8% | -13.5% | ||
| Q3 24 | 35.4% | 8.9% | ||
| Q2 24 | 45.1% | -26.5% |
| Q1 26 | — | — | ||
| Q4 25 | 7.0% | 46.4% | ||
| Q3 25 | 6.9% | 46.9% | ||
| Q2 25 | 6.0% | 52.0% | ||
| Q1 25 | 6.5% | 44.0% | ||
| Q4 24 | 7.0% | 42.6% | ||
| Q3 24 | 5.7% | 43.8% | ||
| Q2 24 | 4.9% | 38.4% |
| Q1 26 | — | — | ||
| Q4 25 | 9.32× | 2.93× | ||
| Q3 25 | 7.03× | 3.35× | ||
| Q2 25 | 5.58× | 1.93× | ||
| Q1 25 | 2.09× | 4.49× | ||
| Q4 24 | 4.58× | 2.87× | ||
| Q3 24 | 4.03× | 5.41× | ||
| Q2 24 | 3.54× | 1.36× |
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% |
PCG
| Electric | $5.0B | 72% |
| Other | $1.9B | 28% |
