Investing.com -- MercadoLibre Inc (NASDAQ:MELI) reported second quarter earnings that exceeded analyst expectations, but shares slipped 3% in after-hours trading Wednesday as investors weighed margin compression against strong revenue growth. Revenue reached $10.17 billion, surpassing the $9.66 billion estimate and representing a 50% increase YoY from $6.78 billion in the second quarter of 2025. Income from operations declined 17% YoY to $683 million, with operating margin compressing 550 basis points to 6.7%. The company issued 2.6 million new credit cards in the quarter, up from 1.6 million in the prior year period. Related articlesMercadoLibre beats estimates but shares dip on margin concernsAs Claude disrupts stock market, Anthropic researcher warns 'world is in peril'Wolfe Research outlines eight risks that could spark stock declines in 2026