MercadoLibre posts record $10.2 bn revenue as profit falls 11% in Q2 2026
MercadoLibre reported net profit of $466 million for the April‑June quarter, about 11% lower than a year earlier, marking its third consecutive profit decline. Quarterly revenue reached $10.2 billion, up 50% year‑on‑year and beating analyst estimates of $9.7 billion. Gross merchandise volume grew 36% on a forex‑neutral basis. EBIT was $683 million, down 17% YoY, with an EBIT margin of 6.7%. The company’s credit portfolio expanded to $16 billion, a 75% increase, while active users of both its e‑commerce platform and Mercado Pago grew 37% YoY. Higher free‑shipping costs in Brazil and credit‑card expansion pressured margins. Shares fell about 4‑5% in after‑hours trading following the earnings release.
Entities: Ariel Szarfstein · Ariel Szarfsztejn · Banco Comercial Português · Banco Montepio · Brazil · Caixa Geral de Depósitos · Leandro Cuccioli · Mercado Pago · MercadoLibre Inc. · MercadoLibre, Inc. · Novo Banco · Santander Portugal
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 14 SOURCES] Active users of both the e‑commerce platform and Mercado Pago grew 37% year‑on‑year. (f21ad92c-8362-44c4-a8f2-a9aaba519d51, bc3d162d-3803-437c-8129-d4c422ea0cee, d86b6360-57ef-4681-87a9-51cacef00c6c, a1dfea)
- [● 15 SOURCES] The credit portfolio grew to $16 billion, a 75% increase year‑on‑year. (f21ad92c-8362-44c4-a8f2-a9aaba519d51, bc3d162d-3803-437c-8129-d4c422ea0cee, d86b6360-57ef-4681-87a9-51cacef00c6c, a1dfea)
- [● 15 SOURCES] Gross merchandise volume (GMV) grew 36% on a forex‑neutral basis. (f21ad92c-8362-44c4-a8f2-a9aaba519d51, bc3d162d-3803-437c-8129-d4c422ea0cee, d86b6360-57ef-4681-87a9-51cacef00c6c, a1dfea)
- [● 15 SOURCES] EBIT was $683 million, down 17% YoY, with an EBIT margin of 6.7%. (f21ad92c-8362-44c4-a8f2-a9aaba519d51, bc3d162d-3803-437c-8129-d4c422ea0cee, d86b6360-57ef-4681-87a9-51cacef00c6c, a1dfea)
- [● 14 SOURCES] Higher free‑shipping costs in Brazil contributed to margin pressure. (f21ad92c-8362-44c4-a8f2-a9aaba519d51, bc3d162d-3803-437c-8129-d4c422ea0cee, d86b6360-57ef-4681-87a9-51cacef00c6c, a1dfea)
- [● 15 SOURCES] MercadoLibre reported net profit of $466 million for the second quarter, down 11% year‑on‑year. (f21ad92c-8362-44c4-a8f2-a9aaba519d51, bc3d162d-3803-437c-8129-d4c422ea0cee, d86b6360-57ef-4681-87a9-51cacef00c6c, a1dfea)
- [● 14 SOURCES] Shares fell about 4‑5% in after‑hours trading following the earnings release. (f21ad92c-8362-44c4-a8f2-a9aaba519d51, bc3d162d-3803-437c-8129-d4c422ea0cee, d86b6360-57ef-4681-87a9-51cacef00c6c, a1dfea)
- [● 15 SOURCES] Quarterly revenue was $10.2 billion, up 50% year‑on‑year and above the $9.7 billion analyst estimate. (f21ad92c-8362-44c4-a8f2-a9aaba519d51, bc3d162d-3803-437c-8129-d4c422ea0cee, d86b6360-57ef-4681-87a9-51cacef00c6c, a1dfea)