---
schema_version: "secwatch.filing_event.v1"
accession: "0001099590-26-000003"
form_type: "8-K"
ticker: "MELI"
cik: "0001099590"
company_name: "MERCADOLIBRE INC"
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:38:50.837045+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MercadoLibre Q4 revenue $8.8B (+45% YoY); operating margin 10.1% (incl. one-off); CEO transition completed

## Summary
- Net revenues $8,759M (+45% YoY); GMV $19.9B (+37%); TPV $83.7B (+42%); all metrics beat prior year.
- Operating income $889M (10.1% margin) includes $99M Brazil tax credit; ex-items margin 9.0%, down 80bps QoQ.
- Net income $559M (-13% YoY) on normalized tax rate; adj. free cash flow $763M in Q4; FY25 capex $1.3B.
- CEO transition effective Jan 1, 2026: Ariel Szarfsztejn named CEO; founder Marcos Galperin becomes Executive Chairman.
- Credit portfolio $12.5B (+90% YoY); NIMAL 23.3%; credit card NPL 15-90 days at historic low 4.4%.

## SEC filing metadata
- accession: 0001099590-26-000003
- form_type: 8-K
- ticker: MELI
- cik: 0001099590
- company_name: MERCADOLIBRE INC
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099590/000109959026000003/0001099590-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099590/000109959026000003/meli-20260224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001099590-26-000003
- JSON: https://secwatch.observer/filing/0001099590-26-000003.json
- Plain text: https://secwatch.observer/filing/0001099590-26-000003.txt

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