MercadoLibre Q2 2026: revenue up 50% to $10.17 billion, but operating margin falls to 6.7%

MercadoLibre reported second-quarter 2026 results on August 5. Net revenues and financial income rose 50% to $10.17 billion, while income from operations fell 17% to $683 million and the operating margin dropped 550 basis points. Net income fell 11% to $466 million, and diluted EPS was $9.19 against $10.31 a year earlier. The release gives no numerical outlook, so the margin trend is the main figure for traders to track.

• Net revenues and financial income: $10,169 million, up 50% (43% FX-neutral)
• Income from operations: $683 million, down 17%; operating margin 6.7%, down 550 bps
• Net income: $466 million, down 11%; diluted EPS $9.19 vs $10.31
• GMV $21.9 billion, up 44%; total payment volume $101 billion, up 56%
• Fintech monthly active users 88 million, up 30%; credit portfolio above $16 billion, up 75%

SEC filing 8-K · accession 0001099590-26-000021 · sec.gov ↗