MELI Q1 2023 Earnings — MercadoLibre, Inc. Revenue & Financial Results | Market Cap Arena

MELIMercadoLibre, Inc.

$89B

Q1 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$3.2B+41.7% YoY

Gross Profit

$1.6B50.7% margin

Operating Income

$418M13.1% margin

Net Income

$201M6.3% margin

EPS (Diluted)

$3.92

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

$859M

Free Cash Flow

$770M

Stock-Based Comp.

$47M

Balance Sheet

Total Assets

$14.2B

Total Liabilities

$12.2B

Stockholders' Equity

$2.0B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$2.2B	+41.7%
Gross Profit	$1.6B	$1.1B	+50.4%
Operating Income	$418M	$139M	+200.7%
Net Income	$201M	$65M	+209.2%

Revenue Segments

Service

$2.8B91%

Product

$274M9%

Geographic Segments

Brazil Segment

$1.6B52%

Argentina Segment

$721M24%

Mexico Segment

$591M19%

Other Countries Segment

$146M5%