MELI Q3 2023 Earnings — MercadoLibre, Inc. Revenue & Financial Results | Market Cap Arena

MELIMercadoLibre, Inc.

$89B

Q3 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$3.9B+46.0% YoY

Gross Profit

$2.1B53.3% margin

Operating Income

$785M20.0% margin

Net Income

$359M9.1% margin

EPS (Diluted)

$7.15

QoQ Revenue Growth

+9.5%

Cash Flow

Operating Cash Flow

$941M

Free Cash Flow

$815M

Stock-Based Comp.

-$83M

Balance Sheet

Total Assets

$16.1B

Total Liabilities

$13.4B

Stockholders' Equity

$2.7B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.9B	$2.7B	+46.0%
Gross Profit	$2.1B	$1.3B	+55.4%
Operating Income	$785M	$296M	+165.2%
Net Income	$359M	$129M	+178.3%

Revenue Segments

Service

$3.4B91%

Product

$341M9%

Geographic Segments

Brazil Segment

$2.0B53%

Argentina Segment

$825M22%

Mexico Segment

$772M21%

Other Countries Segment

$157M4%