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

Schlumberger is the larger business by last-quarter revenue ($8.7B vs $6.1B, roughly 1.4× MERCADOLIBRE INC). MERCADOLIBRE INC runs the higher net margin — 9.1% vs 8.6%, a 0.5% gap on every dollar of revenue. On growth, MERCADOLIBRE INC posted the faster year-over-year revenue change (40.2% vs 2.7%). MERCADOLIBRE INC produced more free cash flow last quarter ($4.8B vs $103.0M). Over the past eight quarters, MERCADOLIBRE INC's revenue compounded faster (40.7% CAGR vs -2.3%).

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.

SLB, formerly known as Schlumberger, is an American multinational oilfield services company. Founded in France in 1926, the company is now incorporated as SLB N.V. in Willemstad, Curaçao, with principal executive offices in four cities: Paris, France; Houston, Texas, United States; London, UK; and The Hague, Netherlands. As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.

MELI vs SLB — Head-to-Head

Bigger by revenue
SLB
SLB
1.4× larger
SLB
$8.7B
$6.1B
MELI
Growing faster (revenue YoY)
MELI
MELI
+37.4% gap
MELI
40.2%
2.7%
SLB
Higher net margin
MELI
MELI
0.5% more per $
MELI
9.1%
8.6%
SLB
More free cash flow
MELI
MELI
$4.7B more FCF
MELI
$4.8B
$103.0M
SLB
Faster 2-yr revenue CAGR
MELI
MELI
Annualised
MELI
40.7%
-2.3%
SLB

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MELI
MELI
SLB
SLB
Revenue
$6.1B
$8.7B
Net Profit
$559.0M
$752.0M
Gross Margin
61.7%
Operating Margin
14.5%
Net Margin
9.1%
8.6%
Revenue YoY
40.2%
2.7%
Net Profit YoY
-12.5%
-5.6%
EPS (diluted)
$11.03
$0.50

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
MELI
MELI
SLB
SLB
Q1 26
$8.7B
Q4 25
$6.1B
$9.7B
Q3 25
$5.2B
$8.9B
Q2 25
$4.8B
$8.5B
Q1 25
$4.2B
$8.5B
Q4 24
$4.4B
$9.3B
Q3 24
$3.9B
$9.2B
Q2 24
$3.8B
$9.1B
Net Profit
MELI
MELI
SLB
SLB
Q1 26
$752.0M
Q4 25
$559.0M
$824.0M
Q3 25
$421.0M
$739.0M
Q2 25
$523.0M
$1.0B
Q1 25
$494.0M
$797.0M
Q4 24
$639.0M
$1.1B
Q3 24
$397.0M
$1.2B
Q2 24
$531.0M
$1.1B
Gross Margin
MELI
MELI
SLB
SLB
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%
Operating Margin
MELI
MELI
SLB
SLB
Q1 26
Q4 25
14.5%
9.7%
Q3 25
13.9%
11.2%
Q2 25
17.2%
15.0%
Q1 25
18.2%
12.5%
Q4 24
18.7%
14.9%
Q3 24
14.3%
16.5%
Q2 24
19.3%
15.5%
Net Margin
MELI
MELI
SLB
SLB
Q1 26
8.6%
Q4 25
9.1%
8.5%
Q3 25
8.1%
8.3%
Q2 25
10.9%
11.9%
Q1 25
11.8%
9.4%
Q4 24
14.6%
11.8%
Q3 24
10.2%
12.9%
Q2 24
14.1%
12.2%
EPS (diluted)
MELI
MELI
SLB
SLB
Q1 26
$0.50
Q4 25
$11.03
$0.53
Q3 25
$8.32
$0.50
Q2 25
$10.31
$0.74
Q1 25
$9.74
$0.58
Q4 24
$12.60
$0.77
Q3 24
$7.83
$0.83
Q2 24
$10.48
$0.77

Balance Sheet & Financial Strength

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

Metric
MELI
MELI
SLB
SLB
Cash + ST InvestmentsLiquidity on hand
$6.3B
$3.4B
Total DebtLower is stronger
$4.6B
$9.7B
Stockholders' EquityBook value
$6.7B
$27.4B
Total Assets
$42.7B
$19.3B
Debt / EquityLower = less leverage
0.68×
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MELI
MELI
SLB
SLB
Q1 26
$3.4B
Q4 25
$6.3B
$1.2B
Q3 25
$6.3B
$571.0M
Q2 25
$7.6B
$511.0M
Q1 25
$8.1B
$961.0M
Q4 24
$7.1B
$1.1B
Q3 24
$6.7B
$1.4B
Q2 24
$6.9B
$1.1B
Total Debt
MELI
MELI
SLB
SLB
Q1 26
$9.7B
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
Stockholders' Equity
MELI
MELI
SLB
SLB
Q1 26
$27.4B
Q4 25
$6.7B
$26.1B
Q3 25
$6.2B
$25.6B
Q2 25
$5.7B
$20.3B
Q1 25
$5.0B
$19.5B
Q4 24
$4.4B
$21.1B
Q3 24
$4.0B
$21.5B
Q2 24
$3.7B
$21.1B
Total Assets
MELI
MELI
SLB
SLB
Q1 26
$19.3B
Q4 25
$42.7B
$54.9B
Q3 25
$36.7B
$55.1B
Q2 25
$32.9B
$48.8B
Q1 25
$27.7B
$49.0B
Q4 24
$25.2B
$48.9B
Q3 24
$22.6B
$49.8B
Q2 24
$20.0B
$49.4B
Debt / Equity
MELI
MELI
SLB
SLB
Q1 26
0.35×
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
MELI
MELI
SLB
SLB
Operating Cash FlowLast quarter
$5.2B
Free Cash FlowOCF − Capex
$4.8B
$103.0M
FCF MarginFCF / Revenue
77.9%
1.2%
Capex IntensityCapex / Revenue
7.0%
Cash ConversionOCF / Net Profit
9.32×
TTM Free Cash FlowTrailing 4 quarters
$10.8B
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MELI
MELI
SLB
SLB
Q1 26
Q4 25
$5.2B
$3.0B
Q3 25
$3.0B
$1.7B
Q2 25
$2.9B
$1.1B
Q1 25
$1.0B
$660.0M
Q4 24
$2.9B
$2.4B
Q3 24
$1.6B
$2.4B
Q2 24
$1.9B
$1.4B
Free Cash Flow
MELI
MELI
SLB
SLB
Q1 26
$103.0M
Q4 25
$4.8B
$2.5B
Q3 25
$2.6B
$1.3B
Q2 25
$2.6B
$771.0M
Q1 25
$759.0M
$262.0M
Q4 24
$2.6B
$1.8B
Q3 24
$1.4B
$2.0B
Q2 24
$1.7B
$973.0M
FCF Margin
MELI
MELI
SLB
SLB
Q1 26
1.2%
Q4 25
77.9%
25.5%
Q3 25
50.0%
14.3%
Q2 25
54.8%
9.0%
Q1 25
18.1%
3.1%
Q4 24
59.8%
19.2%
Q3 24
35.4%
21.7%
Q2 24
45.1%
10.6%
Capex Intensity
MELI
MELI
SLB
SLB
Q1 26
Q4 25
7.0%
5.3%
Q3 25
6.9%
4.6%
Q2 25
6.0%
4.3%
Q1 25
6.5%
4.7%
Q4 24
7.0%
6.6%
Q3 24
5.7%
5.0%
Q2 24
4.9%
5.1%
Cash Conversion
MELI
MELI
SLB
SLB
Q1 26
Q4 25
9.32×
3.65×
Q3 25
7.03×
2.28×
Q2 25
5.58×
1.13×
Q1 25
2.09×
0.83×
Q4 24
4.58×
2.18×
Q3 24
4.03×
2.06×
Q2 24
3.54×
1.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MELI
MELI

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

SLB
SLB

Segment breakdown not available.

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