---
schema_version: "secwatch.filing_event.v1"
accession: "0001099590-26-000014"
form_type: "8-K"
ticker: "MELI"
cik: "0001099590"
company_name: "MERCADOLIBRE INC"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-26T15:05:43.174289+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MercadoLibre Q1 revenue $8.8B (+49% YoY); operating income $611M (-20%) on investment spend

## Summary
- 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.

## SEC filing metadata
- accession: 0001099590-26-000014
- form_type: 8-K
- ticker: MELI
- cik: 0001099590
- company_name: MERCADOLIBRE INC
- filed_at: 2026-05-07T23:59:59+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/1099590/000109959026000014/0001099590-26-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099590/000109959026000014/meli-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001099590-26-000014
- JSON: https://secwatch.observer/filing/0001099590-26-000014.json
- Plain text: https://secwatch.observer/filing/0001099590-26-000014.txt

## Source-grounded claims
- claim_id: fda92219aca2cc45f5d3d3b71c26d91116c56e28
  claim: MERCADOLIBRE INC reported first quarter ended March 31, 2026 results: revenue $8,845 million, net income $417 million.
  evidence_excerpt: Net revenues & financial income of $8,845 million, up 49% YoY and 46% FX-neutral Income from operations of $611 million, with a 6.9% margin Net income of $417 million, with a 4.7% margin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1099590/000109959026000014/0001099590-26-000014-index.htm

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