Overview

• Mercado Libre posted second-quarter revenue of $6.8 billion, up 34% year-on-year, while net income fell 1.5% to $523 million, missing analyst forecasts.
• Shares tumbled over 6% in after-hours trading on Wall Street following the profit shortfall.
• Argentina led the region with revenue rising 76.9% to $1.53 billion and GMV up 75%, while Brazil’s free-shipping push boosted item sales by 31% but drove down profitability.
• The fintech unit expanded its credit portfolio by 91% to $9.3 billion and reduced its delinquency rate to 6.7%, the lowest since disclosures began.
• Mercado Libre is preparing for Marcos Galperin’s move to executive chairman and Ariel Szarfsztejn’s appointment as CEO in early 2026.