Mercado Libre, Inc (MELI) Financials
Key financial figures for Mercado Libre, Inc (Q2 2026).
MercadoLibre's net revenue and financial income grew 50% YoY to $10.2 billion in Q2 2026 as GMV, TPV, and the credit portfolio all accelerated, even as operating margin compressed to 6.7% from 12.2% a year earlier on continued free-shipping, PIX discount, and credit-card investment. Net revenues and financial income reached $10,169M, up 49.8% YoY, beating the ~$9.74B consensus estimate GMV grew to $21,926M (+43.7% YoY reported; management describes 36% FX-neutral growth) and items sold rose to 795M units (+44.5% YoY) Total Payment Volume (TPV) reached $100,952M, up 56% YoY; the credit portfolio surpassed $16 billion, up 75% YoY, and fintech MAUs reached 88 million Unique active buyers grew to 89 million, up from 71 million a year earlier Operating income was $683M (6.7% margin), down from $825M (12.2% margin) in Q2 2025, and Adjusted EBITDA was $975M versus $1,024M a year. Figures are for Q2 2026, as MercadoLibre, Inc. reported them.
- Revenue
- $10.2B
- Net Income
- $466M
- EPS
- $9.19
- Total Assets
- $51.4B
- Operating Cash Flow
- $3.7B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $10.2B | $466M | $9.19 | 6.72% | |
| Q1 FY2026 | $8.8B | $417M | $8.23 | 6.91% | $1.3B |
| Q4 FY2025 | $8.8B | $559M | $11.03 | 10.15% | $4.8B |
| Q3 FY2025 | $7.4B | $421M | $8.30 | 9.77% | $2.5B |
| Q2 FY2025 | $6.8B | $523M | $10.32 | 12.15% | $2.2B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $28.9B | $2.0B | $39.39 | 11.08% | $10.8B |
| FY2024 | $20.8B | $1.9B | $37.69 | 12.66% | $7.1B |
| FY2023 | $15.1B | $987M | $19.46 | 14.61% | $4.6B |
Frequently asked questions
What was MercadoLibre, Inc.'s revenue last quarter?
MercadoLibre, Inc. reported revenue of $10.17 billion for Q2 FY2026, up 49.8% from the same period a year earlier.
Is MercadoLibre, Inc. profitable?
Yes. MercadoLibre, Inc. reported net income of $466.0 million for Q2 FY2026, a net margin of 4.58% on revenue.
How has MercadoLibre, Inc.'s margin trended?
Operating margin was 6.72% in Q2 FY2026, compared with 12.15% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How many quarters of MercadoLibre, Inc. financials does SentiSense hold?
SentiSense holds up to forty quarters and twenty fiscal years of income statement, balance sheet and cash flow history for MELI. The 5 most recent quarters are summarised above.
Full income statement, balance sheet and cash flow for Mercado Libre, Inc on SentiSense, with up to forty quarters and twenty fiscal years of history.