MELI
MercadoLibrePrevious close
1,892.44
Change
+2.59 / +0.14%
P/E (TTM) ?
51.4
Market Cap
$95.8B
1M
−0.26%
S&P 500 +1.81% over same period
Volume / Avg Volume
415K / 568K
0.73× average
Latest earnings analysisFY2026 Q2Reported 2026-08-05
MercadoLibre Q2 2026: revenue up 49.8% as operating profit falls 17.0%
Revenue rose 49.8% to $10.17 billion while operating income fell 17.0% and net income fell 10.9% — management chose growth and engagement over near-term margin. Read the quarter through two lenses: the reported income statement, which shows 5.5 percentage points of operating margin compression to 6.7%, and the operating metrics, where items per buyer rose 14% and ecosystemic users grew 37%. Earnings per share of $9.19 still beat the $8.83 consensus.
Read the full analysis →Revenue$7.05BYoY +3.90%
EPS$9.19Beatest. $8.83
Next-day move−4.81%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-08-05 | $7.1B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-05-07 | $6.1B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-24 | $20.3B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-29 | $5.2B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-08-04 | $4.8B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-05-07 | $4.2B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 25 of its 5-year rangeCheap
5-year range 43.8 – 88.7 · Median 61.6
Last 4 quarters: $1.0M in buybacks + $0 in dividends, 0.00% of market cap combined
P/E (TTM)
51.4
P/B
12.2
P/S
2.7
PEG
1.00
Earnings Reaction
Over the last 6 reports, the stock moved ±5.9% on average on the first trading day after, rising 3 times
Most recent −4.81%
Volatility & Correlation
1-year beta 1.10 · Correlation with S&P 500 0.34Tracks the market
Annualized volatility 41% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
No open-market buys or sells by officers or directors in the last 90 days.
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 7.06 | +46.9% | 14.8% | 0.47 | 9.19 |
| FY2026 Q1 | 6.07 | +44.7% | 17.8% | 0.42 | 8.23 |
| FY2025 Q4 | 6.14 | +40.2% | 18.9% | 0.56 | 11.03 |
| FY2025 Q3 | 5.21 | +33.6% | 19.3% | 0.42 | 8.32 |
| FY2025 Q2 | 4.80 | +27.6% | 23.0% | 0.52 | 10.31 |
| FY2025 Q1 | 4.19 | +35.2% | 24.5% | 0.49 | 9.74 |
| FY2024 Q4 | 4.38 | −0.7% | 24.4% | 0.64 | 12.60 |
| FY2024 Q3 | 3.90 | +43.8% | 26.2% | 0.40 | 7.83 |
| FY2024 Q2 | 3.77 | +5.0% | 28.1% | 0.53 | 10.48 |
| FY2024 Q1 | 3.10 | −2.7% | 25.5% | 0.34 | 6.78 |
| FY2023 Q4 | 4.41 | +46.9% | 46.5% | 0.17 | 3.25 |
| FY2023 Q3 | 2.71 | +0.7% | 32.4% | 0.36 | 7.16 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| MELI | 51.4 | +46.9% | 14.8% | −0.26% | Neutral |
| AMZN | 20.9 | +19.6% | 52.3% | +1.07% | Neutral |
| TSLA | 397.1 | +25.5% | 16.8% | +3.45% | Bearish |
| HD | 20.4 | +5.7% | 33.7% | −5.87% | Neutral |
| MCD | 18.9 | +3.7% | 90.4% | −6.68% | Neutral |
| TJX | 25.2 | +5.4% | 33.4% | +12.62% | Bullish |
| BKNG | 16.7 | +8.1% | — | −8.91% | Bullish |
| SBUX | 52.2 | −1.4% | — | −6.54% | Neutral |
| LOW | 15.7 | +8.3% | 33.0% | −5.72% | Neutral |