Mercado Libre Q2 2026 Revenue Surpasses $10 Billion as Deepening Engagement Strengthens Competitive Advantage
Financial: Net revenue and financial income grew 50% YoY to $10.2 billion - the 30th consecutive quarter of growth above 30%, and the fastest pace of growth in four years. Income from operations was $683 million, with a 6.7% margin, and net income was $466 million.
Commerce: Unique active buyers rose 26% YoY and items per buyer increased 14% YoY. One year on from lowering the free shipping threshold in Brazil, a durable shift in behavior is visible, with users purchasing more, across more categories with higher retention and conversion.
Fintech: Monthly Active Users rose 30% YoY, with even faster growth in Brazil and Mexico. Engagement is strengthening with assets under management growing 68% YoY to $23 billion as users entrusted more of their money to Mercado Pago. Total Payment Volume exceeded $100 billion for the first time.
Advertising: Revenue grew 73% YoY in USD, powered by greater seller engagement with AI tools and growth broadening beyond Self-Service as momentum strengthened in the CBT and Top Brands channels.
