Mercari
Logotype for Mercari Inc

Mercari (4385) investor relations material

Mercari Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Mercari Inc
Q2 2026 earnings summary9 Feb, 2026

Executive summary

  • Achieved record-high quarterly revenue of 56.8B JPY (+15% YoY) and core operating profit of 10.9B JPY (+54% YoY), with six-month revenue up 12.8% YoY to 106.26B JPY and operating profit up 73.3% YoY to 19.78B JPY.

  • Marketplace and US segments delivered double-digit GMV growth, with Marketplace MAU reaching a record 24M and GMV up 8.3% YoY to 599.4B JPY.

  • Fintech credit balance grew 41% YoY to 300.7B JPY, with a stable collection rate of 99.3%.

  • Upward revision of full-year guidance, reflecting earlier-than-anticipated results from product enhancements.

  • Profit attributable to owners of parent rose 43.4% YoY to 10.59B JPY.

Financial highlights

  • Marketplace GMV rose to 329.1B JPY (+11% YoY), Fintech credit balance reached 300.7B JPY (+41% YoY), and US GMV hit 196M USD (+12% YoY).

  • Core operating profit reached 20.23B JPY, up 80.9% YoY, and gross profit increased to 77.83B JPY.

  • Marketplace revenue grew 13% YoY to 32.8B JPY, with core operating profit at 10.6B JPY (+2.3B JPY YoY).

  • Fintech revenue increased 20% YoY to 15.5B JPY, with core operating profit at 1.8B JPY (+51% YoY).

  • Basic earnings per share rose to 64.28 JPY from 45.02 JPY YoY.

Outlook and guidance

  • Full-year consolidated revenue guidance raised to 210.0–220.0B JPY and core operating profit to 32.0–36.0B JPY.

  • Marketplace GMV growth rate guidance revised upward to +5–10% YoY, with core operating profit expected at 35.0–39.0B JPY.

  • Fintech core operating profit anticipated near the upper bound of 5.0–7.5B JPY guidance.

  • US segment aims to maintain break-even and positive GMV growth YoY.

  • No dividends are planned for the fiscal year ending June 30, 2026.

How will Mercard holder acquisition sustain Fintech growth?
US business profitability drivers and sustainability?
Outlook for interest revenue growth?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Mercari earnings date

Logotype for Mercari Inc
Q3 202628 Apr, 2026
Mercari
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Mercari earnings date

Logotype for Mercari Inc
Q3 202628 Apr, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Mercari, Inc. engages in the planning, development, and operation of the Mercari marketplace applications in Japan and the United States. It allows users to bid or buy and sell items through mobile app for iOS and Android. The company was founded by Shintaro Yamada on February 18, 2013 and is headquartered in Tokyo, Japan.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage