MercadoLibre (MELI) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - MercadoLibre reported $7.41 billion in revenue for Q3 2025, a year-over-year increase of 39.5% [1] - The EPS for the same period was $8.32, compared to $7.83 a year ago, but fell short of the consensus estimate of $9.43, resulting in an EPS surprise of -11.77% [1] Revenue Performance - Gross merchandise volume reached $16.54 billion, exceeding the average estimate of $16.22 billion [4] - Total payment volume was $71.22 billion, slightly above the average estimate of $71.07 billion [4] Geographic Revenue Breakdown - Mexico: Revenue of $1.65 billion, slightly below the estimate of $1.67 billion, with a year-over-year change of +44.2% [4] - Argentina: Revenue of $1.44 billion, below the estimate of $1.56 billion, with a year-over-year change of +39.5% [4] - Brazil: Revenue of $4.01 billion, exceeding the estimate of $3.92 billion, with a year-over-year change of +37.6% [4] - Other countries: Revenue of $308 million, above the estimate of $293.12 million, with a year-over-year change of +39.4% [4] Segment Performance - Fintech revenue was $3.24 billion, slightly above the estimate of $3.22 billion, with a year-over-year change of +48.9% [4] - Commerce revenue was $4.17 billion, exceeding the estimate of $4.08 billion, with a year-over-year change of +33% [4] Stock Performance - MercadoLibre shares returned +5.5% over the past month, outperforming the Zacks S&P 500 composite's +3.6% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near term [3]