MercadoLibre Q3 revenue $5.3B (+35% YoY); EBIT margin down 7.4ppts on credit & shipping investments

MERCADOLIBRE INC

2024-Q3 EPS reported $25.09 revenue$14,718,000,000

Net revenues $5.3B (+35% YoY, +103% FX-neutral); income from ops $557M (10.5% margin).
Net income $397M (7.5% margin); Net income margin down only 1.1ppt YoY despite EBIT compression.
Total Payment Volume $50.7B (+34% YoY, +73% FX-neutral); GMV $12.9B (+14% YoY, +71% FX-neutral).
Credit portfolio $6.0B (+77% YoY); NIMAL spread 24% (down 13ppts due to credit card mix shift).
Fitch upgraded MELI to Investment Grade (BBB-) in October 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.