Latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) reported Q1 CY2026 results exceeding the market’s revenue expectations , with sales up 49% year on year to $8.85 billion. Its non-GAAP profit of $8.23 per share was 2.9% below analysts’ consensus estimates.

Is now the time to buy MELI? Find out in our full research report (it’s free).

MercadoLibre (MELI) Q1 CY2026 Highlights:

• Revenue: $8.85 billion vs analyst estimates of $8.36 billion (49% year-on-year growth, 5.8% beat)

• Adjusted EPS: $8.23 vs analyst expectations of $8.47 (2.9% miss)

• Adjusted EBITDA: $857 million vs analyst estimates of $849 million (9.7% margin, 0.9% beat)

• Operating Margin: 6.9%, down from 12.9% in the same quarter…