MELI is trading at $1797.99 (-6.48%) in after-hours trading following Q4 2025 earnings where margin compression sparked a sell-off despite a top-line beat.
- Revenue reached $8.76B (vs. $8.49B expected), up 45% YoY, supported by strong Gross Merchandise Volume (GMV) of $19.9B and Total Payment Volume (TPV) of $83.7B.
- GAAP EPS missed estimates at $11.03 (vs. $11.44 expected) as operating margins contracted to 10.1% from 13.5% in the prior year.
- The stock initially gained 1.1% post-close before reversing lower as investors weighed robust growth against rising profitability concerns.