MercadoLibre Q4 revenue up 37% to $6.1 billion; net income $639 million
MercadoLibre reported fourth-quarter and full-year 2024 results, with net revenues and financial income of $6.1 billion in the quarter, up 37% from a year earlier. Quarterly income from operations reached $820 million and net income reached $639 million, and the company described these as record quarterly results. The filing also notes that provisions for doubtful accounts are rising as the credit business grows, which weighed on margins.
Key points
- Q4 2024 net revenues and financial income were $6,059 million, up from $4,409 million in Q4 2023.
- Q4 2024 income from operations was $820 million, a 13.5% margin; net income was $639 million, a 10.5% margin.
- Full-year 2024 net revenues and financial income were $20,777 million, up from $15,107 million in 2023.
- Full-year 2024 income from operations was $2,631 million and net income was $1,911 million; the filing reports no guidance for 2025.
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 20, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.