MercadoLibre, Inc. (MELI)

MercadoLibre beat expectations on both the top and bottom line in the second fiscal quarter of 2026, reported on August 5, as EPS of $9.19 topped the $8.65 estimate by 6.2% and revenue of about $10.2 billion came in ahead of the $9.8 billion consensus by 4.1%. Revenue rose 49.8% from about $6.8 billion a year ago, with gross profit reaching about $4.2 billion and gross margin near 41%, while operating income was roughly $683 million and operating margin 6.7%. Net income was about $466 million, down 10.9% from roughly $523 million a year earlier, and EPS also fell 10.9% from $10.31. Operating cash flow totaled about $3.7 billion, and consensus for the next period calls for EPS of $9.56 on revenue of $10.27 billion.