Highest-materiality recent filing
MercadoLibre annual meeting results: directors elected, say-on-pay passed, auditor ratified
All three Class I director nominees elected: Susan Segal (36.8M For, 2.3M Withheld), Stelleo Passos Tolda (13.4M For, 25.7M Withheld), Alejandro Aguzin (38.5M For, 0.6M Withheld).
MercadoLibre Q1 revenue $8.8B (+49% YoY); operating income $611M (-20%) on investment spend
Net income $417M (-16% YoY); GAAP EPS $6.86 (diluted).
MercadoLibre adopts 2026 LTRP with $41.5M in target awards for NEOs
CEO Ariel Szarfsztejn receives target LTRP award of $14M; Osvaldo Giménez and Daniel Rabinovich $10M each.
Net revenues $8,759M (+45% YoY); GMV $19.9B (+37%); TPV $83.7B (+42%); all metrics beat prior year.
MercadoLibre closes $750M offering of 4.900% Notes due 2033
Issued $750M aggregate principal of 4.900% Notes due 2033 in underwritten public offering.
MercadoLibre issues $750M of 4.900% senior unsecured notes due 2033
Notes priced at 4.900% per annum; 7-year tenor expiring January 2033.
MercadoLibre Q3 net revenue $7.41B (+39% YoY), net income $421M, TPV $71.2B
Net revenues $7.41B (+39% YoY, +49% FX-neutral); income from operations $724M (9.8% margin).
MercadoLibre expands revolver capacity by $400M to $800M via credit agreement amendment
Amendment No. 1 allows up to $400M in new lender commitments, total revolver now $800M.
MercadoLibre Q2 2025 net revenue $6.79B (+34% YoY), TPV $64.6B (+39%), net income $523M
Net revenue $6,790M (+34% YoY, +53% FX-neutral); operating income $825M (12.2% margin); net income $523M (7.7%).
MercadoLibre approves $4M buyback, sets director comp for 2025-2027
Independent directors receive $90k cash retainer + $150k equity per year, prorated for partial service.
MercadoLibre stockholders elect all director nominees, approve say-on-pay, ratify EY as auditor
All four Class I and Class III director nominees elected: Stelleo Passos Tolda (26.3M for), Emiliano Calemzuk (26.9M), Marcos Galperin (38.5M), Martin Lawson (39.4M); 3.0M broker non-votes.
Marcos Galperin, current President and CEO, will become Executive Chairman effective January 1, 2026.
MercadoLibre Q1 2025 revenue $5.9B (+37% YoY); net income $494M, up 44% YoY
Revenue $5.9B, +37% YoY (+64% FX-neutral); commerce +32%, fintech +43% in USD.
MercadoLibre sets 2025 bonus targets and $32M CEO LTRP award
Target bonus for each NEO set at 33.33% of annual base salary for 2025.
MercadoLibre Q4'24 revenue $6.1B (+37% YoY), net income $639M; 100M annual unique buyers milestone
Q4'24 net revenues & financial income $6.1B, up 37% YoY (96% FX-neutral); record income from operations $820M (13.5% margin).
MercadoLibre Q3 revenue $5.3B (+35% YoY); EBIT margin down 7.4ppts on credit & shipping investments
Net revenues $5.3B (+35% YoY, +103% FX-neutral); income from ops $557M (10.5% margin).
MercadoLibre enters $400M amended revolver; interest margin 1.00%+SOFR, maturity 2028
$400M revolving credit facility amended and restated, replacing March 2022 facility.
MercadoLibre appoints Stelleo Tolda to board and audit committee after director death
Director Mario Vázquez died August 3, 2024; he chaired the Audit Committee and served on Compensation and Governance committees.
MercadoLibre Q2 2024 revenue $5.07B (+42% YoY), net income $531M (+103% YoY)
Revenue $5.07B (+42% YoY, includes $484M shipping reporting update); GMV $12.6B, TPV $46.3B.
MercadoLibre annual meeting elects directors, approves say-on-pay, ratifies auditor
Class II directors elected: Nicolás Galperin (37.5M for, 3.6M withheld), Henrique Dubugras (39.5M for, 1.6M withheld), Richard Sanders (39.9M for, 1.2M withheld).
MercadoLibre Q1 revenue $4.3B (+36% YoY), net income $344M (+71%)
Revenue $4,333M, up 36% YoY (94% FX-neutral); net income $344M, +71% YoY.
MercadoLibre sets 2024 bonus performance goals and adopts long-term retention program for NEOs
2024 bonus payout for NEOs based on net revenue, income from operations, TPV adjusted (constant dollars) and Competitive NPS.
MercadoLibre Q4 revenue $4.26B (+42% YoY); adjusted operating margin expands to 13.4%
Revenue $4.26B (+42% YoY); Brazil +46%, Mexico +51%, Argentina +29% in USD terms.
MercadoLibre Q3: Revenue $3.76B (+40%), Op Inc $685M, Net $359M
Net revenue $3,760M (+40% YoY); income from operations $685M (+131% YoY), margin 18.2%.
MercadoLibre to redeem $439M of 2.00% Convertible Notes due 2028, saving ~$44M interest
$439,075,000 principal of 2.00% Convertible Senior Notes due 2028 will be redeemed on November 14, 2023.
MercadoLibre appoints Martín de los Santos as CFO; Pedro Arnt resigns
Pedro Arnt resigns as EVP and CFO effective Aug 10, 2023 to pursue new opportunity; not due to any disagreement.
MercadoLibre Q2: revenue $3.4B (+57% FX-neutral), op income $558M margin 16.3%
Net income $262M (+113% YoY); GMV $10.5B (+47% FX-neutral); TPV $42.1B (+97% FX-neutral).
MercadoLibre annual meeting results: all directors elected, say-on-pay approved, auditor ratified
All three Class I director nominees elected: Susan Segal (39.6M for), Mario Vazquez (35.2M), Alejandro Aguzin (37.9M).
MercadoLibre adopts 2023 long-term retention plan with up to $22M in target awards for NEOs
2023 Bonus Program performance goals: Net Revenue, Income from ops, Total Payment Volume, Competitive NPS in constant dollars.
MercadoLibre Q1 2023 revenue $3.0B (+58.4% FX-neutral), operating income $340M, net income $201M
Net revenue $3.0B, up 58.4% FX-neutral; income from operations $340M (11.2% margin vs 6.2% a year ago).
MercadoLibre Q4 2022 revenue $3.0B (+56.5% FX-neutral); operating income $349M, margin 11.6%
Net revenues $3.0B, up 56.5% FX-neutral YoY; income from operations $349M (11.6% margin).
MercadoLibre Q3 2022 net revenue $2.7B (+60.6% FX-neutral), operating income $296M (11.0% margin)
Net revenues $2.7B, up 60.6% YoY FX-neutral; income from operations $296M (11.0% margin), a quarterly record.
MercadoLibre board sets independent director compensation; authorizes $960K annual repurchases
Independent directors receive $72K cash + $120K restricted stock annually for 2022-2024.
MercadoLibre Q2 revenue $2.6B (+53% USD), record operating income $250M
Net revenues $2.6B, up 53% USD (57% FX-neutral); net income $123M (4.7% margin).
MercadoLibre Q2 net revenues $2.6B, +56.5% FX-neutral; op income $250M, 9.6% margin
Net income $123M (4.7% margin); fintech revenues exceeded $1B for first time.
MercadoLibre shareholders elect directors, approve say-on-pay and auditor at annual meeting
All Class II and III director nominees elected; Richard Sanders (Class II) received 39,183,520 for, 160,307 withheld.
2022 Bonus Program NEO performance goals: Net Revenue, operating income, Mercado Pago transactions, Net Promoter Score.
MercadoLibre Q1 net revenue $2.2B (+67% FX neutral), net income $65M vs year-ago loss
Net revenues $2.2B, up 63.3% USD and 67.4% FX neutral YoY; net income $65M vs net loss in Q1 2021.
MercadoLibre enters $400M revolving credit facility maturing March 2025
Credit agreement with Citibank as admin agent; $400M revolving facility for general corporate purposes.
MercadoLibre reports unauthorized access to source code, 300,000 users' data accessed
Unauthorized access detected to MercadoLibre source code; security protocols activated.
MercadoLibre boosts buyback by $300M to $450M total, extends program to Aug 2023
Board raised repurchase authorization from $150M to $450M (increase of $300M).
MercadoLibre formalizes auditor change: EY replaces Deloitte for FY2022
Audit Committee selected EY on Nov 2, 2021; engagement letter signed Dec 20, 2021.
MercadoLibre Q4 revenue $2.1B (+73.9% FX neutral); net loss $46.1M, EPS -$0.92
Net revenues $2.1B, up 60.5% USD / 73.9% FX neutral YoY; commerce rev $1,357.8M, fintech $773.0M.
MercadoLibre appoints Richard Sanders to board, increasing size to 9 directors
Richard Sanders, 50, partner at Permira, appointed as Class II director effective Feb 9, 2022.
MercadoLibre launches 1M share public offering; underwriters can buy 150K more
Underwriting agreement signed Nov 15, 2021 with Morgan Stanley, J.P. Morgan, and Goldman Sachs for 1,000,000 common shares.
MercadoLibre prices 1M-share offering at $1,550/sh for ~$1.55B gross proceeds
Offering of 1,000,000 shares of common stock priced at $1,550.00 per share.
MercadoLibre files auditor consent for incorporation by reference of 10-K report
Consent of independent auditor Deloitte & Co. S.A. filed to incorporate its 10-K audit report by reference into registration statements.
MercadoLibre announces public offering of common stock for general corporate purposes
MercadoLibre intends to make a public offering of common stock.
MercadoLibre dismisses Deloitte as auditor, appoints EY for FY2022
Deloitte dismissed effective after completion of 2021 audit; no adverse opinions or disagreements.
MercadoLibre Q3 revenue $1.9B (+72.9% FX neutral); net income $95.2M, EPS $1.92
Net revenues $1.9B, up 72.9% on an FX neutral basis; commerce rev $1,224.7M, fintech $632.8M.
approved the transition of Marcos Galperin, the Company’s President and Chief Executive Officer, to a more strategic role within the Company, as Executive Chairman of the Board, effective as of January 1, 2026.
As of the Effective Date, Ariel Szarfsztejn, the Company’s current Commerce President, will become President and Chief Executive Officer of the Company.
Mr. Mario Vázquez, one of the directors of the Company, died on August 3, 2024.
the appointment of Mr. Stelleo Tolda as a Class I director of the Company, to serve from September 12, 2024 until the Company’s 2025 Annual Meeting of Stockholders
Pedro Arnt informed MercadoLibre, Inc. (the “Company”) of his decision to resign from his position as Executive Vice President and Chief Financial Officer of the Company, effective as of August 10, 2023
On August 10, 2023, the Board of Directors of the Company appointed Martín de los Santos, who currently serves as the Company’s Senior Vice President of Mercado Credito, to serve as Senior Vice President and Chief Financial Officer, effective August 10, 2023.
the Board unanimously approved the appointment of Mr. Richard Sanders as a Class II director of the Company, to serve from February 9, 2022 until the Company’s 2022 Annual Meeting of Stockholders or until his successor is duly elected and qualified or until his earlier death, resignation or removal.
Max materiality 0.85 · Median 0.60 · Most common event earnings