MELI earnings
Analysis, not adviceThis print
5 Aug 2026Q2 FY26graded 6 Aug 2026
cons 8.65 EPS / 9.79B rev
Next scheduled print 4 Nov 2026. Nothing on this page is about that print yet.
What the desk tested
Explicit conditions that would change the desk’s view, graded against the transcript below.
Bull condition triggered: Revenue clears $9.74B+ at 45%+ YoY AND op margin stabilizes or inflects above 11.5% — confirming the investment phase is producing operating leverage and breaking the two-yea…
Bull condition triggered: Fintech (Mercado Pago) TPV accelerates with stable or improving credit quality — signaling the embedded fintech platform is gaining durable monetization power and justifying…
＋4 more criteria on the desksign up freeFrom the desk's pre-read · 5 Aug 2026
MercadoLibre (MELI) is scheduled to report Q2 2026 earnings on 2026-08-05; consensus stands at $8.67 EPS · $9.74B revenue (FMP).
＋1 more — the full pre-read is on the desksign up freeThe desk's graded verdict
wobblinggraded 6 Aug 2026
PASSRevenue trajectory hold
“Net revenues & financial income of $10,169 million, up 50% YoY and 43% FX-neutral”
PASSEPS vs $8.67 consensus
“Diluted net income available to shareholders per common share $9.19”
This page shows one print. The desk has published work on 1 earlier print of MELI.
Educational analysis, not a personalised recommendation. See all covered names on the earnings calendar · part of our public track record.