The Argentine e-commerce company Mercado Libre closed the first nine months of the year with net profit of $1,331 million (€1,186 million), which implies a 7.4% decrease compared with the same period of the previous fiscal year.
At the same time, net and financial income advanced strongly to reach $29,764 million (€26,516 million), an increase of 47.8%. By lines of business, services contributed $25,612 million (€22,817 million) and products generated $4,152 million (€3,699 million), with increases of 44.2% and 74.9%, respectively.
By geographic areas, Brazil remained its main market, with billing of $16,305 million (€14,526 million), 54.3% more. In Mexico, revenues rose to $6,742 million (€6,006 million), which represents an advance of 54%.
In Argentina, the group brought in $5,355 million (€4,771 million), 23.1% more than a year earlier, while the rest of the countries added $1,362 million (€1,213 million).
Costs associated with the activity, including items such as R&D, sales, marketing, administration and provisions for insolvencies, jumped 54.3%, to $10,435 million (€9,296 million).
The adjusted gross operating result (Ebitda) stood at $2,814 million (€2,507 million), which represents a fall of 2.7%. Net debt, for its part, rose to $8,028 million (€7,152 million) at the close of September, after increasing 71.5% since December.
In the third quarter, the multinational obtained earnings of $448 million (€399.1 million), 6.4% more, and a turnover figure that increased 45.1%, to $10,750 million (€9,577 million).
"Mercado Libre recorded another quarter of strong growth in the third quarter of 2026," the company has summarized in its results sheet, which has justified the increase in its net debt due to investments in the 'fintech' sector.
"The indicators on which we focus most evolved in the right direction: we gained market share in each of our three main markets, our buyers made purchases more frequently, the users of our 'fintech' platform made more transactions and saved more with Mercado Pago, and the users of the ecosystem [...] grew faster than any other group," he has completed.