MercadoLibre

MercadoLibre SA reported second-quarter earnings of $466 million with $9.19 per share profit, exceeding analysts' expectations. The company also posted revenue of $10.17 billion, surpassing forecasts.

MercadoLibre Inc. reported quarterly sales exceeding $10 billion, surpassing analysts' estimates. The e-commerce and fintech company noted sustained demand across its core business lines despite increasing competition in Latin America.

MercadoLibre's future is increasingly tied to its fintech arm Mercado Pago rather than its online store. Analysts project Mercado Pago's revenue to grow over 30% in 2026 and nearly 40% in 2027, with 82.9 million monthly users and a $14.6 billion credit book as of Q1.

Ariel Szarfsztejn became MercadoLibre's new CEO in 2026, succeeding founder Marcos Galperín, who now serves as executive chairman. The company reported a 49% year-on-year increase in first-quarter 2026 net revenues and financial income to US$8,845 million, with total payment volume reaching US$87.2 billion.

MercadoLibre will invest $4.6 billion in Mexico by 2026, a 35% increase from its 2023 commitment of $3.4 billion. The investment is projected to create approximately 8,500 new jobs in the country.