MELI Q3 2024 Earnings — MercadoLibre, Inc. Revenue & Financial Results | Market Cap Arena

MELIMercadoLibre, Inc.

$89B

Q3 2024 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$5.3B+35.3% YoY

Gross Profit

$2.4B45.9% margin

Operating Income

$557M10.5% margin

Net Income

$397M7.5% margin

EPS (Diluted)

$7.83

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$1.4B

Stock-Based Comp.

$83M

Balance Sheet

Total Assets

$22.6B

Total Liabilities

$18.6B

Stockholders' Equity

$4.0B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.3B	$3.9B	+35.3%
Gross Profit	$2.4B	$2.1B	+16.4%
Operating Income	$557M	$785M	-29.0%
Net Income	$397M	$359M	+10.6%

Revenue Segments

Service

$4.8B90%

Product

$552M10%

Geographic Segments

Brazil Segment

$2.9B55%

Mexico Segment

$1.1B22%

Argentina Segment

$1.0B19%

Other Countries Segment

$221M4%