MercadoLibre Earnings Reports

MercadoLibre posted record revenue and income for Q4 2024, supported by a growing user base and robust engagement across e-commerce and fintech services. Net revenue grew 37% year-over-year to $6.1 billion, while net income increased 67% to $639 million. Gross merchandise volume and total payment volume also saw solid growth. The company continues to invest in expanding logistics, fintech offerings, and brand partnerships to drive long-term growth.

MercadoLibre reported strong Q3 2024 results with net revenues of $5.3 billion, up 35% year-over-year. The company saw solid growth in unique buyers, Fintech MAU, GMV, and acquiring TPV across major geographies. Net income reached $397 million, with a 7.5% margin.

MercadoLibre reported a strong Q2 2024, with revenue growth of 42% YoY and net income rising 103% YoY to $531 million. The net income margin reached 10.5%, the highest level since Q1 2017. Growth was driven by strong performance in GMV, Acquiring TPV, and the Credits portfolio.

MercadoLibre reported a strong first quarter in 2024, marked by substantial growth in both its Commerce and Fintech segments. The company's net revenue reached $4.3 billion, representing a 36% year-over-year increase. Net income also saw a significant rise, up 71% year-over-year to $344 million. These results were primarily fueled by strong performances in Brazil and Mexico.

MercadoLibre reported a strong Q4 2023 with revenue reaching $4.261 billion, a 42% year-over-year increase. The company saw growth in Brazil and Mexico, driven by both commerce and fintech services. Net income was reported at $165 million, with income from operations at $240 million, though these figures were impacted by one-off expenses related to prior periods.

MercadoLibre reported strong Q3 2023 results, with net revenue of $3.76 billion, up 40% year-over-year, and income from operations more than doubling to $685 million. The company saw growth in items sold and off-platform TPV, and continued to invest in its loyalty program and logistics network.

MercadoLibre reported a strong Q2 2023 with net revenues of $3.4 billion, up 57.2% year-over-year on an FX neutral basis. Income from operations more than doubled to $558 million, representing a 16.3% margin. The company saw significant growth in both its Commerce and Fintech operations, with notable contributions from Brazil and Mexico.

MercadoLibre reported net revenues of $3.0 billion, a 58.4% increase year-over-year on an FX neutral basis. Income from operations reached $340 million, resulting in an 11.2% margin. Total Payment Volume was $37.0 billion, up 96.1% year-over-year on an FX neutral basis, and Gross Merchandise Volume reached $9.4 billion, a 43.3% increase year-over-year on an FX neutral basis.

MercadoLibre's Q4 2022 saw net revenues of $3.0 billion, a 56.5% increase year-over-year on an FX neutral basis. Income from operations reached $349 million, representing an 11.6% margin. The company processed $36.0 billion in Total Payment Volume, up 80.0% year-over-year on an FX neutral basis, and $9.6 billion in Gross Merchandise Volume, up 34.7% year-over-year on an FX neutral basis.

MercadoLibre's Q3 2022 results reflect commitment to sustainable and profitable growth, with solid execution in Commerce and Fintech, leading to rapid growth in GMV, TPV, and net revenue, alongside record quarterly EBIT and improving cash generation.

MercadoLibre reported a strong second quarter of 2022, with net revenues of $2.6 billion, up 56.5% year-over-year on an FX neutral basis. Income from operations was $250 million, representing a 9.6% margin. The company saw significant growth in Total Payment Volume (TPV) and Gross Merchandise Volume (GMV).

MercadoLibre reported a strong first quarter in 2022, with net revenues reaching $2.2 billion, a 67.4% year-over-year increase on an FX neutral basis. The company saw significant growth in Total Payment Volume and Gross Merchandise Volume, alongside improvements in gross profit margins. Despite facing macroeconomic uncertainties, MercadoLibre is investing in growth and new features to expand its ecosystem.

MercadoLibre, Inc. reported strong Q4 2021 financial results, with net revenues reaching $2.1 billion, a 73.9% increase year-over-year on an FX neutral basis. The company demonstrated resilience amidst pandemic challenges, inflationary pressures, and a competitive environment, achieving record results and improved margins.

MercadoLibre reported a strong third quarter with net revenues of $1.9 billion, a 72.9% increase year-over-year on an FX neutral basis. The company saw growth in gross merchandise volume, payment volumes and credit portfolio size. Unique active users reached 78.7 million.

MercadoLibre, Inc. reported a strong second quarter in 2021, with net revenues of $1.7 billion, representing a 93.9% year-over-year increase in USD and 102.6% on an FX neutral basis. The company saw growth in both its commerce and fintech businesses, achieving record levels in volume and revenues.

MercadoLibre, Inc. reported strong first quarter 2021 financial results with net revenues of $1.4 billion, a 158.4% increase year-over-year on an FX neutral basis. Total Payment Volume reached $14.7 billion, up 129.2% year-over-year on an FX neutral basis, and Gross Merchandise Volume was $6.1 billion, up 114.3% year-over-year on an FX neutral basis.

MercadoLibre reported strong Q4 2020 results, with net revenues increasing by 148.5% on an FX neutral basis to $1.3 billion. Total Payment Volume reached $15.9 billion, up 134.4% year-over-year on an FX neutral basis, and Gross Merchandise Volume grew to $6.6 billion, up 109.7% year-over-year on an FX neutral basis. Unique active users grew by 71.3% year-over-year, reaching 74.0 million.

MercadoLibre, Inc. reported strong third-quarter results, driven by high demand for e-commerce and fintech services. Net revenues reached $1,115.7 million, up 148.5% year-over-year on an FX neutral basis. Total Payment Volume was $14.5 billion, up 161.2% year-over-year on an FX neutral basis, and Gross Merchandise Volume reached $5.9 billion, up 117.1% year-over-year on an FX neutral basis.

MercadoLibre reported strong Q2 2020 results, with net revenues of $878.4 million, a 61.1% increase year-over-year, and a net income of $55.9 million, or $1.11 per share. The company saw significant growth in GMV, TPV, and unique active users, driven by the accelerated adoption of e-commerce and online payments in Latin America.

MercadoLibre reported a net revenue of $652.1 million, a 70.5% year-over-year increase on an FX neutral basis. The company's TPV reached $8.1 billion, up 82.2% year-over-year on an FX neutral basis, and GMV reached $3.4 billion, up 34.2% year-over-year on an FX neutral basis. While the business was impacted by lockdowns, particularly in late March, there was a rebound in April.

MercadoLibre, Inc. reported Q4 2019 financial results with net revenues of $674.3 million, up 84.4% YoY on an FX neutral basis. Total Payment Volume reached $8.7 billion, up 98.5% YoY on an FX neutral basis, and Gross Merchandise Volume was $3.9 billion, up 39.7% YoY on an FX neutral basis.