The e-commerce giant reported $10 billion in net revenue for Q2 2026, up 50% year-on-year, amid aggressive reinvestment.
MercadoLibre’s credit portfolio reached $16.4 billion in Q2 2026, reflecting its ongoing reinvestment strategy to fuel growth. The company reported net revenue of $10 billion, a 50% increase year-on-year, marking its highest quarterly revenue to date.
Management framed the quarter as a deliberate shift toward long-term expansion, prioritizing scale over short-term profitability. The credit portfolio’s growth aligns with the company’s broader push into financial services, though margins may face pressure from sustained reinvestment.
No immediate market reaction was disclosed in the earnings call remarks.