---
schema_version: "secwatch.filing_event.v1"
accession: "0001099590-25-000025"
form_type: "8-K"
ticker: "MELI"
cik: "0001099590"
company_name: "MERCADOLIBRE INC"
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T06:55:21.143867+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001099590-25-000025
- form_type: 8-K
- ticker: MELI
- cik: 0001099590
- company_name: MERCADOLIBRE INC
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099590/000109959025000025/0001099590-25-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099590/000109959025000025/meli-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001099590-25-000025
- JSON: https://secwatch.observer/filing/0001099590-25-000025.json
- Plain text: https://secwatch.observer/filing/0001099590-25-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.