MELI Q2 2023 Earnings — MercadoLibre, Inc. Revenue & Financial Results | Market Cap Arena

MELIMercadoLibre, Inc.

$89B

Q2 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$3.6B+38.0% YoY

Gross Profit

$1.8B51.1% margin

Operating Income

$669M18.7% margin

Net Income

$262M7.3% margin

EPS (Diluted)

$5.12

QoQ Revenue Growth

+12.5%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$1.3B

Stock-Based Comp.

$36M

Balance Sheet

Total Assets

$15.2B

Total Liabilities

$13.0B

Stockholders' Equity

$2.3B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.6B	$2.6B	+38.0%
Gross Profit	$1.8B	$1.3B	+42.6%
Operating Income	$669M	$250M	+167.6%
Net Income	$262M	$123M	+113.0%

Revenue Segments

Service

$3.1B89%

Product

$364M11%

Geographic Segments

Brazil Segment

$1.8B52%

Argentina Segment

$771M23%

Mexico Segment

$703M21%

Other Countries Segment

$161M5%