NASDAQ$MELI
MercadoLibre Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
MercadoLibre's Q4 2023 results showcased strong revenue growth, increased user engagement, and advancements in both commerce and fintech sectors, despite one-off expenses impacting operating income.
MercadoLibre reported a strong Q4 2023 with revenue reaching $4.261 billion, a 42% year-over-year increase. The company saw growth in Brazil and Mexico, driven by both commerce and fintech services. Net income was reported at $165 million, with income from operations at $240 million, though these figures were impacted by one-off expenses related to prior periods.
- Revenue grew by 42% year-over-year, reaching $4.261 billion, driven by strong performance in Brazil and Mexico.
- Total Payment Volume increased to $56.5 billion, up 57.2% year-over-year.
- Gross Merchandise Volume reached $13.5 billion, a 39.9% year-over-year increase.
- The number of items sold grew by 29% year-over-year.
Headline financials
Revenue & EPS history
MercadoLibre · Revenue · Quarterly
$4.26B
Forward guidance
MercadoLibre is focused on offering the best user experience and value proposition, with teams working towards executing strategic goals. The company is confident in its ability to combine growth, scale, cost efficiency, and operating leverage to drive margins higher. They are optimistic about growth opportunities and their mission of democratizing commerce and financial services in Latin America.
Tailwinds
- Continued focus on improving user experience and value proposition.
- Commitment to executing strategic goals with excellence.
- Confidence in replicating the combination of growth, scale, cost efficiency, and operating leverage.
- Optimism about growth opportunities in democratizing commerce and financial services in Latin America.
- Belief that the best is yet to come for the company.
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 Q4 2023
+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
| Quarter | Report date | Reaction (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