$10.2B 15%Beat EPS +5.8%
Total revenue, Q2 '26 (USD).

Did Mercado Libre Beat Earnings?

Mercado Libre (MELI) reported Q2 '26 revenue of $10.2B, up 49.8% year-over-year, with reported EPS of $9.19. That topped the $8.69 analyst estimate by 5.8% — an earnings beat.

AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Mercado Libre’s job postings, web traffic, and employee business outlook. See the full MELI stock analysis or the earnings calendar for upcoming reports.

MELI Earnings Surprise History (EPS vs. Estimate)

QuarterEstimated EPSReported EPSSurprise
Q2 '26 $8.69 $9.19 Beat +5.8%
Q1 '26 $8.47 $8.23 Missed -2.8%
Q4 '25 $11.85 $11.03 Missed -6.9%
Q3 '25 $9.37 $8.32 Missed -11.2%
Q2 '25 $11.75 $10.31 Missed -12.3%
Q1 '25 $7.99 $9.74 Beat +21.9%

Mercado Libre Quarterly Financial Trends (USD)

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Revenue5.31B6.06B5.94B6.79B7.41B8.76B8.85B10.2B
Gross margin45.9%45.4%46.7%45.6%43.3%43.2%43.7%40.9%
Operating margin10.5%13.5%12.9%12.2%9.8%10.1%6.9%6.7%
Net income397M639M494M523M421M559M417M466M
Net margin7.5%10.5%8.3%7.7%5.7%6.4%4.7%4.6%
EPS$7.83$12.61$9.74$10.31$8.32$11.03$8.23$9.19

Mercado Libre Earnings Trend Analysis

Over the eight quarters from Q3 '24 to Q2 '26, Mercado Libre’s quarterly revenue moved from $5.31B to $10.2B. Net margin compressed from 7.5% to 4.6%, against a 40.9% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. Mercado Libre has beaten Wall Street EPS estimates in 3 of its last 8 reported quarters.

When Is Mercado Libre’s Next Earnings Date?

Mercado Libre reports earnings on a quarterly schedule. Its most recent report covered Q2 '26. For the confirmed upcoming date — and every other company reporting soon — see the MELI earnings calendar.

Frequently Asked Questions: Mercado Libre Earnings

Mercado Libre's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.

Mercado Libre reported Q2 '26 EPS of $9.19 on revenue of $10.2B (+49.8% YoY). Mercado Libre beat estimates, reporting $9.19 vs. the $8.69 estimate.

Mercado Libre reported Q2 '26 revenue of $10.2B, up 49.8% from the same quarter a year earlier.

Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the MELI AI Score.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.