MercadoLibre Reports 39.1% Revenue Growth to $28.89 Billion for Fiscal Year 2025

MercadoLibre, Inc. reported its financial results for the fiscal year ended December 31, 2025, showcasing significant growth across its commerce and fintech platforms. The company's net revenues and financial income reached $28.89 billion, a 39.1% increase compared to $20.77 billion in the previous fiscal year. This growth was primarily driven by a surge in credit originations from its lending solution, an increase in total payment volume and fees from its Mercado Pago platform, and overall growth in gross merchandise volume (GMV) on its e-commerce marketplace. The company's largest markets, Brazil, Mexico, and Argentina, contributed significantly to this revenue increase.

The company's strategic focus remains on expanding access to e-commerce, digital payments, and financial services in Latin America. To achieve this, MercadoLibre is focused on improving the shopping experience for its users, becoming the principal financial services partner to its users, and overlaying value-added services onto its payments processing products. The company is also leveraging its various services to promote greater cross-usage and synergies, thereby creating a fully integrated ecosystem of e-commerce and fintech offerings. As part of its marketing strategy, MercadoLibre is focused on cross-selling services to create a larger number of ecosystemic users, with whom it has the deepest relationships.

Key operational developments included a substantial increase in employee headcount, particularly in information technology and product development, which grew by 11% to 20,347 employees. This expansion reflects the company's ongoing investment in improving its technology infrastructure and product offerings. MercadoLibre also continued to scale Mercado Play, its advertising-based video on demand (AVOD) streaming service, making it available on connected TVs for the first time. The company also launched the latest iteration of the Meli+ loyalty program in Argentina, Chile, and Colombia, following its launch in Brazil and Mexico in 2024.

Looking ahead, MercadoLibre intends to continue expanding its operations internationally, developing new and complementary services, and enhancing its e-commerce ecosystem. The company is also committed to scaling Mercado Pago's day-to-day financial services offerings for individuals and merchants through its digital account. While the company does not provide specific earnings guidance, it remains focused on long-term growth and strengthening its position as a preferred commerce and fintech platform in Latin America. As of February 25, 2026, there were 50,697,182 shares of the company's common stock outstanding.