MercadoLibre Q4 Revenue Climbs 44.6% to $8.76B, EPS Misses by 6.3%
MercadoLibre posted Q4 revenue of $8.76B, up 44.6% year-on-year and 2.9% above estimates, while EPS declined to $11.03, missing forecasts by 6.3%. Gross merchandise volume reached $19.91B versus $19.19B estimate and total payment volume hit $83.69B against $82.19B consensus.
1. Q4 Financial Results
For the quarter ended December 2025, MercadoLibre reported revenue of $8.76 billion, up 44.6% year-over-year and exceeding estimates by 2.9%. Net income per share was $11.03, down from $12.61 a year earlier and 6.3% below consensus forecasts.
2. Underlying Business Metrics
Gross merchandise volume reached $19.91 billion, topping the $19.19 billion estimate, while total payment volume hit $83.69 billion versus $82.19 billion expected. Brazil revenue grew 47.9% to $4.64 billion, other markets rose 53.9% to $414 million, Mexico advanced 55.6% to $2.10 billion, and Argentina climbed 23.3% to $1.61 billion.
3. Market Reaction and Rating
Shares of MercadoLibre have fallen 15.7% over the past month compared with a 1% drop in the S&P 500. The stock holds a neutral rating, reflecting expectations of performance in line with the broader market.