earnings
confidence high
sentiment neutral
materiality 0.75
MercadoLibre Q1 revenue $8.8B (+49% YoY); operating income $611M (-20%) on investment spend
MERCADOLIBRE INC
2026-Q1 EPS
reported $8.23
vs consensus $8.83
▼ miss
(-6.8%)
- Net income $417M (-16% YoY); GAAP EPS $6.86 (diluted).
- Brazil GMV FX-neutral growth accelerated to 38% YoY; items sold +56%.
- Credit card portfolio doubled to $6.6B; 15-90 day NPL improved 80bps YoY to 8.0%.
- Total Payments Volume $87.2B (+50% YoY); Gross Merchandise Volume $19.0B (+42%).
- Adjusted free cash flow -$56M; capex $271M; credit portfolio expansion ~$2B in Q1.