Buenos Aires, Feb 26 (NA) -- Mercado Libre (MELI) shares fell 8.54% in the last round in New York following the release of its financial statement for the fourth quarter and full year 2025. Despite reporting an annual growth of 39% in its net revenues, which reached $28.9 billion, the market's response was negative due to the compression of its profit margins. Earnings per share (EPS) for the last quarter stood at $11.03, a figure that was 6.31% below the $11.77 projected by Wall Street analyst consensus. According to historical data from Investing.com, the stock opened yesterday's session at $1,757.67, touching a daily low of $1,668.57. This behavior extended the volatility observed since the beginning of the week, when the stock had already fallen 6.63% during the February 23 Monday session, as confirmed by Noticias Argentinas news agency. According to the results report presented by the company to the U.S. Securities and Exchange Commission (SEC), the operating margin (EBIT) for the fourth quarter contracted to 10.1%, compared to 13.5% recorded in the same period of the previous year. This reduction is attributed to an increase in investments allocated to logistics, infrastructure, and the expansion of its fintech credit portfolio. The fintech unit showed a 78% growth in assets under management (AUM), totaling nearly $19 billion. Nevertheless, the normalization of the corporate tax rate affected the final net result, which was $559 million in the quarter, representing a net margin of 6.4%.__IP__In the local Argentine market, the company's CEDEAR (MELI) also reflected the global trend with a 6.06% drop, closing at ARS$21,710, according to Rava Bursátil records.
