secwatch.observer — SEC 8-K summary
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Issuer:     MERCADOLIBRE INC (MELI)
CIK:        0001099590
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001099590-26-000014
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099590/000109959026000014/0001099590-26-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099590/000109959026000014/meli-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001099590-26-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer