Retail
MercadoLibre posted a 49.8% revenue increase in Q2 FY2026 on booming e-commerce and fintech demand, but surging costs drove a 10.9% net income decline and margin contraction.
Key risk: Foreign Exchange Volatility
Substantial revenue is generated in Brazilian real, Mexican peso, and Argentine peso. Fluctuations against the U.S. dollar can materially impact reported financials, as seen with Argentina's currency depreciation partially offsetting local growth.