MELI · Mercadolibre Inc

Track MELI — free

$1,530.28 -209.60 (-12.05%) At close · Nov 5

Nasdaq-100 member Rebalance outlook locked

Market Cap

$88.21B

50.70M

Volume · Nov 5 2.18M Avg daily vol (3M) 594.36K

Up next

Next earnings call

Feb 3, 2027 Est · unconfirmed · in 13 wks

Q2 2026 earnings call transcript

call held Aug 5, 2026

Play latest call

Latest documents

2026

Nov 5

Quarterly report 10-Q FY2026 Q3, ended Sep 30

Quarterly report for FY2026 Q3 AI summary on its way

Revenue $10.75B ▲ 45.1% Net income $448M ▲ 6.4% Diluted EPS $8.83 ▲ 6.1%

Nov 4

Current report 8-K

Financial results AI summary on its way

Sep 14

Current report 8-K

Other events AI summary on its way

Sep 10

Current report 8-K Events of Sep 9

Entered into a material agreement, Regulation FD disclosure AI summary on its way

Aug 6

Quarterly report 10-Q FY2026 Q2, ended Jun 30

Quarterly report for FY2026 Q2 AI summary on its way

Revenue $10.17B ▲ 49.8% Net income $466M ▼ 10.9% Diluted EPS $9.19 ▼ 10.9%

All documents

Metrics snapshot

Useful current figures from the complete screener profile.

View all 122 metrics

Revenue (TTM)

$38.52B

Trailing 12 months

Net income (TTM)

$1.89B

Trailing 12 months

Revenue growth YoY

+45.1%

Year over year

Operating margin

7.4%

Trailing 12 months

P / E (TTM)

46.7

Trailing earnings · reciprocal yield 2.1%

FCF yield

13.9%

TTM · current market cap

Return on invested capital

15.0%

Trailing 12 months

Net cash

−$5.82B

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

0.0%

Year over year · fewer shares

Price change (1Y)

-24.5%

Trailing year

Short interest

2.0%

Latest settlement · 2.1 days to cover

View all 122 metrics

Quarterly results

Revenue Net income Net loss

▲37.4% $6.06B $639.00M '24 Q4* ▲37% $5.93B $494.00M '25 Q1 ▲33.8% $6.79B $523.00M '25 Q2 ▲39.5% $7.41B $421.00M '25 Q3 ▲44.6% $8.76B $559.00M '25 Q4* ▲49% $8.85B $417.00M '26 Q1 ▲49.8% $10.17B $466.00M '26 Q2 LATEST ▲45.1% $10.75B $448.00M '26 Q3

* Q4 derived as the full year minus Q1 to Q3.

AI Brief

Q2 FY26 earnings call · Aug 5, 2026

Q2 FY26

TL;DR. MercadoLibre posted Q2 net revenue of $10.2bn (+50% YoY), driven by record engagement and ecosystemic user growth (+37% YoY), while EBIT margin compressed 550bps YoY to 6.7% as the company leaned into long-term investments, and net income declined 11% to $466mn despite the credit portfolio scaling to $16bn (+75% YoY) with near-record-low NPLs.

Bullish

+ Net revenue surpassed $10bn for the first time, growing 50% YoY
+ Brazil free-shipping threshold change drove a sustained step-change in conversion of +1.1ppts YoY

Bearish

− Credit card NIMAL fell to -2.5% in Q2'26 as accelerated card issuance dilutes cohort profitability
− Mexico commerce faces tax reform headwind and GMV decelerated to 26% FX-neutral
− Provisions for doubtful accounts rose ~2ppts YoY as a share of net revenue, pressuring near-term margins

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Sell

SellHoldBuy

Technical Strong Sell Momentum Weak Sentiment Bearish Fundamentals Strong Quant / Vol High

Market backdrop VIX 16.6 · calm Equity put/call 0.44

Technical

price trend

Strong Sell

50 / 200-day cross No cross

Price vs 200-day avg −15%

below

Price vs 50-day avg −16%

below

RSI (14) 32

neutral

MACD trend Negative

52-week position 0%

near low

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Weak

1-month return −18%

trailing

6-month return −1%

trailing

YTD return −24%

this year

Relative strength 0%

vs S&P · 6-mo

Sentiment

smart money

Bearish

Trend (MA cross) No cross

50d $1816 › 200d $1805 — 50d above 200d

Institutional flow Distributing

671 of 1,467 funds reported for Sep 30 · net -1.1M sh shares · +50 new

Insider flow Flat

No net insider activity over 90 days

Short interest Rising

2.00% of shares out · ▲ +13.1% MoM · 2.1 days cover

Volume signal Reversal watch

High volume on a down day — possible exhaustion

Institution breadth Steady

1,467 holders — mid 3-yr range

Squeeze score 41

elevated · 0–100

Fundamentals

Strong

Revenue growth +39%

Y/Y

Gross margin 45%

contracting

EPS growth +5%

Y/Y

Free cash flow $11.6B

Valuation P/E 46.7

in line

Buyback $3.1M

remaining

Balance sheet $5.5B

net debt

Quant / Vol

risk profile

High

Volatility 43%

annualized · 1-yr

Max drawdown −34%

past year

ATR 5.2%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Technicals

trend & momentum for long-term holders Strong Sell

4 · 3 · 0

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−15% Bearish

Price vs 50-day avg

−16% Bearish

RSI (14)

32 Neutral

MACD trend

Negative Bearish

52-week position

0% Bearish

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bearish · 2 of 6

Trend (MA cross) No cross

50d $1816 › 200d $1805 — 50d above 200d

Institutional flow Distributing

671 of 1,467 funds reported for Sep 30 · net -1.1M sh shares · +50 new

Insider flow Flat

No net insider activity over 90 days

Short interest Rising

2.00% of shares out · ▲ +13.1% MoM · 2.1 days cover

Volume signal Reversal watch

High volume on a down day — possible exhaustion

Institution breadth Steady

1,467 holders — mid 3-yr range

Price context

position in its 52-week range

Range low $1,530 Now $1,530 · 0% Range high $2,302

vs 200-day avg -15% vs 50-day avg -16%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Acquiring total payments volume	$64.08B	Three Months Ended June 30, 2026 filing	—
Adjusted EBITDA non-GAAP	$975M	Three Months Ended June 30, 2026 filing	—
GAAP → non-GAAP reconciliation GAAP Net income $466M +$292M Depreciation and amortization -$30M Interest income and other financial gains, net +$62M Interest expense and other financial losses +$45M Foreign currency losses, net +$140M Income tax expense = Adjusted EBITDA $975M
Gross merchandise volume	$21.93B	Three Months Ended June 30, 2026 filing	—
NIMAL	20.7%	Three Months Ended June 30, 2026 filing	—
Total payment volume	$100.95B	Three Months Ended June 30, 2026 filing	—
Unique active buyers	89M	Three Months Ended June 30, 2026 filing	—
15-90 day NPL (portfolio)	7%	Q2'26	—
15-90 NPL (credit card)	4.6%	Q2'26	—
Adjusted free cash flow non-GAAP	$214M	Q2'26	—
AUM	$23B	Q2'26	—
AUM per user	$264	Q2'26	—
Capital expenditures	$441M	Three Months Ended June 30, 2026	—
Credit card NIMAL	-2.5%	Q2'26	—
Credit exposure per user in consumer portfolio	$231	Q2'26	—
Credit exposure per user in credit card portfolio	$446	Q2'26	—
Credit portfolio	$16B	Q2'26	—
Ecosystemic users	37%	Q2'26	—
Fintech MAUs	30%	Q2'26	—
Fintech monthly active users	88M	Q2'26	—
Items per buyer	14%	Q2'26	—
MELI+ subscribers	72%	Q2'26	—
New credit cards	2.6M	Q2'26	—
Number of items sold	795M	Three Months Ended June 30, 2026	—
Total payment transactions	5.18B	Three Months Ended June 30, 2026	—
Unique buyers	26%	Q2'26	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Internet Retail — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
MELI Mercadolibre Inc this stock	$88.21B	-24.0%	+39.1%	46.7	2.0%
AMZN Amazon Com Inc	$2.81T	+12.7%	+12.4%	21.0	0.9%
BABA Alibaba Group Holding Ltd	$261.93B	-26.3%	+8.1%	—	0.0%
PDD PDD Holdings Inc.	$117.84B	-26.0%	+14.5%	—	2.3%
DASH DoorDash, Inc.	$86.58B	-20.6%	+27.9%	81.7	3.8%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Reducing

Holders

1,484

% held: 83.2%
Reported: 671 of 1,467
Top holder: Capital Research Global I…

Held Float

View

Held by Funds

Fund positions

760

View

Short & Settlement

Short Interest Rising

Shares short

1.0M

Days to cover: 2.1d
Change: +117.2K sh

View

Short Volume

Short vol %

61%

As of: Nov 5, 2026

Short Total

View

Fails to Deliver

FTD shares

462

Value: $880.7K
As of: Sep 11, 2026

View

Off-Exchange

Off-exchange %

57.7%

Week of: Sep 28, 2026

Off-exch Lit

View

Smart Money

Congressional Trades Buy

Member

Gilbert Cisneros

Amount: $15.0K–$50.0K
Traded: Jun 10, 2026

View

Financials

Revenue (FY)

$28.9B

Net income (FY): $2.0B
EPS diluted: $39.40

View

Buybacks

Authorized

$4.1M

Remaining: $3.1M

Spent Remaining

View

Filings

SEC Filings

Latest

10-Q

Filed: Nov 5, 2026
This year: 14

View

Proposed Sales

Value

$1.7M

Shares: 845
Filed: Dec 12, 2025

View

Earnings & Events

Webcasts

Last webcast

Nov 4, 2026

View

Investor Relations

Performance

	5D	20D	120D	MTD	YTD
MELI	-7.8%	-17.6%	-1.1%	-5.8%	-24.0%
SPY	-4.7%	-5.3%	-0.8%	-3.0%	+7.5%
vs SPY	-3.1%	-12.3%	-0.2%	-2.8%	-31.5%

Capital returns

Buyback program · as of Aug 6, 2026

Authorized

$4.05M

Spent (derived)

$1.00M

Remaining

$3.05M

Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1099590 CUSIP 58733R102 13F (30d) 660 filings 626 filers Visit website Investor relations

MELI · Mercadolibre Inc

Price & Indicators

Up next

Latest documents

Metrics snapshot

Quarterly results

AI Brief

Equibles Rating

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns