MercadoLibre Q1 2025 revenue $5.9B (+37% YoY); net income $494M, up 44% YoY

MERCADOLIBRE INC

2025-Q1 EPS reported $9.74 revenue$5,935,000,000

Revenue $5.9B, +37% YoY (+64% FX-neutral); commerce +32%, fintech +43% in USD.
Net income $494M (8.3% margin); operating income $763M (12.9% margin), +45% YoY.
TPV $58.3B (+43% YoY, +72% FX-neutral); GMV $13.3B (+17% YoY, +40% FX-neutral).
Credit portfolio $7.8B (+75% YoY); NIMAL 22.7% vs 31.5% YoY; 15-90d NPL 8.2%.
Fintech MAUs 64M (+31% YoY); unique active buyers 67M; Argentina GMV +126% FX-neutral.

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