MercadoLibre reported financial results for the second quarter ended June 30, 2026. Net revenues and financial income reached $10,169 million, a 50% year-over-year increase to $10.2 billion, with FX-neutral growth of 43%. Income from operations was $683 million (6.7% margin), down 17% YoY but broadly stable quarter-over-quarter at 6.9%, as the company prioritized long-term value creation through investments in Brazil's free shipping threshold and credit card issuance. Net income declined 11% to $466 million, driven by lower operating income despite a reduction in foreign currency losses. Total Payment Volume grew 56% YoY to $101 billion, while Gross Merchandise Volume rose 44% to $21.9 billion. The company operates as Latin America’s leading e-commerce and fintech ecosystem.
