Quarterly ResultMay 8, 2026, 04:08 PM
MercadoLibre Q1 Net Income $417M, EPS $8.23; Revenue +49%
AI Summary
MercadoLibre reported a significant increase in net revenues and financial income for the first quarter of 2026, reaching $8,845 million, a 49.04% rise year-over-year. However, net income declined by 15.59% to $417 million, with basic earnings per share falling to $8.23. The company also saw a substantial increase in its provision for doubtful accounts, which more than doubled to $1,244 million, alongside a strong increase in net cash provided by operating activities to $2,075 million.
Key Highlights
- Net revenues and financial income increased by 49.04% to $8,845 million for Q1 2026.
- Net income decreased by 15.59% to $417 million for Q1 2026.
- Basic earnings per share decreased by 15.50% to $8.23 for Q1 2026.
- Net cash provided by operating activities more than doubled to $2,075 million for Q1 2026.
- Provision for doubtful accounts increased by 106.30% to $1,244 million for Q1 2026.
- Total assets grew to $46,934 million as of March 31, 2026.
- Loans receivable, net, increased to $10,735 million as of March 31, 2026.
Price Impact
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