MercadoLibre Tumbles as Profit Miss Tempers 45% Sales Surge

Overview

• Fourth-quarter revenue rose 45% to $8.76 billion, topping the $8.49 billion consensus.
• Earnings per share fell 13% to $11.03, below the $11.44 estimate, as operating margins compressed.
• The stock is down about 13% for the week and roughly 20% over the past year following the report.
• Fintech metrics accelerated, with monthly active users up about 30%, the credit card portfolio doubling to $12.5 billion after 3 million new cards in Q4, and non‑performing card loans at a record-low 4.4%.
• Commerce and payments activity stayed strong, with TPV up 42% to $83.7 billion, GMV up 37% to $19.9 billion, unique buyers up 24% to 83 million, and ad revenue up 67% aided by AI tools.