NASDAQ$MELI

MercadoLibre Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

MercadoLibre's financial performance was marked by accelerated growth, driven by strong demand for e-commerce and FinTech services.

MercadoLibre, Inc. reported strong first quarter 2021 financial results with net revenues of $1.4 billion, a 158.4% increase year-over-year on an FX neutral basis. Total Payment Volume reached $14.7 billion, up 129.2% year-over-year on an FX neutral basis, and Gross Merchandise Volume was $6.1 billion, up 114.3% year-over-year on an FX neutral basis.

  • Unique active users grew by 61.6% year-over-year, reaching 69.8 million.
  • Gross merchandise volume grew to $6.1 billion, representing an increase of 77.4% in USD and 114.3% on an FX neutral basis.
  • Successful items sold reached 222.0 million, increasing by 110.2% year-over-year.
  • Total payment volume through Mercado Pago reached $14.7 billion, a year-over-year increase of 81.8% in USD and 129.2% on an FX neutral basis.

Headline financials

Total Revenue

$1.38B

Previous: $652M+111.4%
EPS (adj)

-$0.68

Previous: -$0.44-54.5%
Gross Merchandise Volume

$6.06B

Previous: $3.4B+78.2%
Total Payment Volume

$14.7B

Previous: $8.1B+81.7%
Items Sold

222.0M

Previous: 105.7M+110.0%
Payment Transactions

630.1M

No prior period
Unique Active Buyers

69.8M

Previous: 43.2M+61.6%
Capital Expenditures

-$113M

Previous: -$45.2M-149.4%
Free Cash Flow

-$147M

Previous: -$66.3M-121.3%
Net Income

-$34M

Previous: -$21.1M-61.1%
Operating Income

$90.8M

Previous: -$29.7M+405.9%
Gross Profit

$591M

Previous: $313M+89.1%
Cash & Equivalents

$863M

Previous: $1.07B-19.5%
Total Assets

$5.2B

Previous: $4.46B+16.6%

Revenue & EPS history

MercadoLibre · Revenue · Quarterly

$1.38B

Q1 2021+111.4%vs Q1 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+4.2%

Avg return

Earnings day

+4.3%

Avg return

5 days after

+4.5%

Avg return

30 days after

63%

44 / 70 earnings

Positive

+26.2%

Q2 2012

Best reaction

-15.1%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-12.7%-16.5%
Q4 2025-4.6%-7.6%-16.8%
Q3 2025+4.5%+0.4%-9.8%
Q2 2025-3.8%-4.8%+0.4%
Q1 2025+6.4%+11.2%+9.7%
Q4 2024+7.1%+4.1%-0.7%
Q3 2024-15.1%-6.2%-6.8%
Q2 2024+6.4%+8.5%+23.5%
Q1 2024+11.9%+15.9%+18.5%
Q4 2023-6.2%-7.5%-9.5%
Q3 2023+6.3%+10.8%+33.1%
Q2 2023+9.3%+12.3%+17.5%
Q1 2023-3.4%+2.3%+1.2%
Q4 2022+3.5%+9.1%+6.2%
Q3 2022+10.3%+10.1%+11.0%
Q2 2022+23.5%+22.3%+2.2%
Q1 2022-9.3%-24.3%-22.9%
Q4 2021-1.8%+18.6%+31.9%
Q3 2021+6.4%+11.6%-31.3%
Q2 2021+13.4%+11.4%+23.5%
Q1 2021-5.3%-9.3%-13.2%
Q4 2020+0.3%-10.2%-10.1%
Q3 2020+16.5%+7.8%+26.2%
Q2 2020-7.9%-3.1%-11.4%
Q1 2020+22.3%+29.2%+38.3%
Q4 2019+0.9%+13.8%-14.8%
Q3 2019-11.1%-12.0%+5.4%
Q2 2019+14.5%+3.8%-0.5%
Q1 2019+19.4%+11.3%+17.7%
Q4 2018+19.1%+20.4%+32.5%
Q3 2018+9.2%+3.6%+8.5%
Q2 2018+10.6%+3.3%-6.0%
Q1 2018-5.0%-10.5%-13.4%
Q4 2017+3.7%+0.6%-7.7%
Q3 2017+11.9%+11.1%+14.2%
Q2 2017-9.1%-12.1%-12.1%
Q1 2017+17.1%+19.9%+19.3%
Q4 2016+3.7%+5.2%+5.2%
Q3 2016+0.2%+4.8%-8.4%
Q2 2016+14.3%+12.5%+23.1%
Q1 2016+3.0%
Q4 2015-5.4%
Q3 2015+11.7%
Q2 2015-6.3%
Q1 2015-2.7%
Q4 2014-1.1%
Q3 2014+19.7%
Q2 2014+13.9%
Q1 2014+0.5%
Q4 2013+10.9%
Q3 2013-11.3%
Q2 2013+9.3%
Q1 2013+17.8%
Q4 2012-1.3%
Q3 2012+2.9%
Q2 2012+26.2%
Q1 2012-0.3%
Q1 2009-5.3%
Q4 2011-5.3%
Q3 2011+5.6%
Q2 2011+7.2%
Q1 2010-0.2%
Q1 2011-0.2%
Q4 2008-2.0%
Q4 2010-2.0%
Q3 2010+5.6%
Q3 2009+5.6%
Q2 2009+6.0%
Q4 2009+6.0%
Q2 2010+6.0%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro